What Does Real Estate Ownership Mean?
For most people, owning a home represents stability, wealth, and pride. Yet, with Dubai’s average property prices running into the hundreds of thousands of dirhams or more, home ownership remains out of reach for many. Traditionally, real estate required an all‑in purchase, pricing out would‑be investors who couldn’t afford full assets.
What is Blockchain and Tokenisation?
Blockchain, in simple terms, is a secure, digital ledger shared among many computers. Every transaction is time‑stamped and nearly impossible to alter.
Tokenisation means breaking a property into small digital units, or tokens, each representing fractional ownership. Thanks to smart contracts, buying, owning, and selling tokens is automated, transparent, and fast.
Dubai Land Department and Tokenisation
Dubai Land Department (DLD) launched the region’s first government-backed real estate tokenisation pilot licensed by Virtual Assets Regulatory Authority (VARA), Zand Digital Bank, and Ctrl Alt. Through the Prypco Mint platform, UAE residents can now buy fractional shares of Dubai properties starting from AED 2,000, with transactions conducted in dirhams. Built on the XRP Ledger blockchain, the initiative aims to increase market accessibility, enhance liquidity, and set the foundation for tokenised assets to play a major role in Dubai’s real estate sector by 2033.
Making Properties Affordable
PRYPCO Mint, one of the first tokenisation platforms in the UAE recently launched shares in a Kensington Waters apartment valued at AED 1.5 m and they sold out in less than two minutes to a diverse group of hundreds of investors1.
Now, you can co‑own prime Dubai real estate—securely and legally—with no need for full unit purchases or excessive paperwork. Real estate tokenisation is secure as it uses blockchain technology to ensure transparency, immutability, and tamper-proof ownership records.
Why It Matters: Benefits Compared to Stocks, Bonds, and Gold
- Tangible assets like real estate and gold are preferred by many over paper investments.
- Stocks and bonds can be high barrier, complex, and subject to settlement delays.
- Tokenised properties combine the physical appeal of real estate with the flexibility of digital ownership, faster transfers, and programmable rules2.
In Summary: A Smarter Way to Invest
Tokenisation democratizes access to prime Dubai property, transforming high‑value assets into achievable investments. With legal frameworks, blockchain‑backed transparency, and fractional ownership backed by the DLD, this new model offers liquidity, simplicity, and global reach—without losing the benefits of tangible assets. It marks the future of real estate investment in Dubai.