Dubai’s Second Fully Tokenized Real Estate Project Sells Out in Under 2 Minutes

Abbas Aziz By Abbas Aziz
3 Min Read

In a groundbreaking moment for real estate innovation, Dubai’s second fully tokenized property project was completely sold out on the PRYPCO Mint platform, and it happened in just one minute and 58 seconds.

This lightning-fast sale highlights the UAE’s growing dominance in blockchain-enabled real estate and showcases the rapid adoption of fractional, tokenized ownership models in property investment.

What Happened?

  • ✅ The project drew 149 investors from 35 nationalities
  • ✅ Average investment was AED 10,067 per participant
  • ✅ Over 10,700 users are now on the platform’s waiting list

The overwhelming demand reflects a growing appetite for accessible, tech-driven real estate investment, especially among younger, globally connected investors who see value in fractional ownership.

What is PRYPCO Mint?

PRYPCO Mint is a digital real estate platform under the Dubai Land Department’s Property Tokenization Initiative. It lets users buy small, tokenized shares of real estate properties—offering low-barrier entry into Dubai’s booming real estate market.

  • Fractional ownership makes property investment more inclusive
  • ✅ Investors can buy into ready assets instantly
  • ✅ Transactions go through via blockchain for transparency and trust

This second successful sale confirms the platform’s rising credibility and investor interest—not just in the region, but globally.

Why it matters

Dubai is positioning itself as a global leader in real estate digitization. Tokenized real estate, once seen as experimental, is rapidly becoming mainstream in the UAE’s tech-forward environment.

  • ✅ The Dubai Land Department expects tokenized assets to be central to the real estate market by 2033
  • ✅ The model enables borderless ownership, giving people worldwide access to prime Dubai properties
  • ✅ It brings in new retail investors who previously couldn’t get in due to high capital requirements

This is not just about buying property, it’s about redefining ownership in the digital era.

What’s Next?

The Dubai Land Department is encouraging investors to pre-register and activate their PRYPCO Mint accounts ahead of upcoming projects. These accounts seem like they’re going to sell out even faster.

  • ✅ More tokenized projects are in the pipeline
  • ✅ Global partnerships and expansion efforts are underway
  • ✅ Early registration ensures access before future rounds close

Dubai’s real estate future is digital, fast-moving, and inclusive, and platforms like PRYPCO Mint are leading the charge.