Staff Report
Dubai, UAE
Dubai Land Department (DLD) announced that its second tokenised project on the PRYPCO Mint platform was fully funded in a record-breaking one minute and 58 seconds, attracting 149 investors from 35 nationalities. The waiting list included over 10,700 potential investors, indicating a surging interest in fractional ownership. Through tokenisation, investors can now partially own high-end properties with a minimum investment of Dh2,000.
This ongoing success underscores the effectiveness of the platform, which is officially accredited under Dubai Land Department’s Property Tokenisation Initiative. By enabling investors to purchase shares in ready properties through seamless and cost-effective mechanisms, PRYPCO Mint is setting new standards for market accessibility.
As the platform expands its projects and partnerships, it is helping to shape a future where tokenised assets are expected to become a central part of Dubai’s property market by 2033.
Amid this momentum, Dubai Land Department invites interested individuals to register early and set up their accounts to take advantage of upcoming offerings before they sell out, unlocking investment opportunities in one of the world’s most dynamic and innovative real estate destinations.
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Also read: DLD launches region’s first real estate tokenisation platform for fractional ownership