Everything You Need to Know About Tokenized Property in Dubai

Dubai is pioneering a revolutionary shift in real estate investment with the introduction of tokenized property. Last month, the city entered the pilot phase of its "Real Estate Tokenization Project," a move that has already attracted massive interest, particularly from small investors eager to step into Dubai's dynamic property market.

If you want to learn more, our detailed guide covers everything about real estate tokenization in Dubai and how it works.

What is Property Tokenization?

Property tokenization is the process of converting real estate assets into digital tokens using blockchain technology. Each token represents a fractional share of a property, allowing investors to purchase smaller stakes rather than entire properties.

This democratizes access to premium assets that were previously available only to high-net-worth individuals. It also enhances transparency by recording ownership on an immutable ledger. Additionally, transactions become faster and more cost-effective compared to traditional property deals.

About DLD’s First Property Tokenization Platform

Dubai Land Department (DLD) has launched a pioneering pilot project under its Real Estate Evolution Space (REES) initiative, marking a major leap forward in property tokenization in Dubai. Developed in collaboration with the Virtual Assets Regulatory Authority (VARA), Dubai Future Foundation, and the Central Bank of the UAE, this initiative signals a bold move toward reshaping property investment through advanced blockchain technology.

At the heart of this project is Prypco Mint, the region’s first licensed digital platform for tokenized property in Dubai. 

Launched via mint.prypco.com, the platform allows users to invest in fractional shares of prime, ready-to-own real estate starting from just AED 2,000. This offers a more accessible, transparent, and inclusive model of property ownership. During the pilot phase, access is limited to UAE ID holders, with global expansion planned in future stages.

This strategic initiative also includes key partnerships with Prypco and Ctrl Alt Solutions, and names Zand Digital Bank as its official banking partner. By offering secure, fiat-only transactions and detailed property insights, the project reinforces Dubai’s position as a global leader in real estate innovation and sets the foundation for a dynamic, tokenized property market.

How Does Property Tokenization Work in Dubai?

The project introduces a new era of accessible property investment by allowing individuals to purchase tokenized shares in ready-to-own properties across Dubai, starting from just AED 2,000. 

All transactions are conducted exclusively in UAE Dirhams, with no cryptocurrency involvement during the pilot phase. Investors can access detailed information on each property—covering pricing, risk factors, technical specifications, and minimum investment thresholds—ensuring full transparency and enabling informed decisions.

This initiative is part of a strategic partnership between Dubai Land Department, Prypco, and Ctrl Alt Solutions, focused on building a progressive regulatory and operational framework to support real estate tokenization in Dubai. 

The collaboration aims to advance legislation, foster sector knowledge, attract specialized asset tokenization firms, and encourage innovation—all while safeguarding investor rights. As blockchain real estate in Dubai gains momentum, tokenized assets are projected to account for up to 7% of the market by 2033, representing an estimated AED 60 billion (USD 16 billion), with Prypco Mint at the forefront of this transformation.

Methods of Purchase

Tokens can be bought via debit/credit cards or bank transfers. Notably, cryptocurrencies like Bitcoin are not accepted. This makes the system more accessible and user-friendly for the broader population interested in Blockchain real estate in Dubai.

Registration and Compliance

Investors must register with Prypco Mint and provide necessary documentation for KYC compliance. Currently, it is the only platform approved for such investments, but more options are expected as the sector grows.

Who Can Invest in Tokenized Property in Dubai?

The real estate tokenization project is open to a broad range of participants, including:

• Individual Investors: Interested in fractional ownership opportunities within Dubai’s real estate market.
• Institutional Investors & Real Estate Investment Funds: Looking to diversify their portfolios through blockchain-based investment solutions.
• Proptech & Fintech Start-ups: Specializing in tokenization platforms, blockchain integration, and smart contract technology.
• Real Estate Developers: Seeking innovative investment models to increase liquidity and attract a broader investor base.
• Virtual Asset Firms: Interested in operating within Dubai’s regulated and forward-looking real estate ecosystem.
• International Entities: Exploring strategic entry into Dubai’s dynamic and transparent property market.
• Property Management Companies: Aiming to adopt tokenized assets as part of their property and portfolio management services.

Exiting the Investment

Investors also benefit from flexibility when it comes to timing their exit, whether through selling on the marketplace or participating in a collective decision. This liquidity is a significant advantage over traditional property investments, where resale can be complex and time-consuming.

Moreover, token holders can track market performance and make informed decisions based on real-time property valuations and investor sentiment. The two primary ways to exit are:

• Sell your tokens on the Prypco Mint marketplace.
• Participate in a property-wide sale if 51% of investors agree to liquidate the property. Proceeds are distributed accordingly.

Benefits of Tokenized Real Estate in the UAE

No Lock-In Period

A major benefit of using Prypco Mint is the absence of a lock-in period. Investors can sell their tokens anytime through the platform’s marketplace or during a collective sale if the majority agrees to liquidate the asset.

Low Fees and High Returns

Investing in real estate tokenization in Dubai involves minimal fees compared to traditional methods. Investors pay a 2% entry fee, a 1% exit fee, a 0.5% annual management fee, and a capital appreciation fee of up to 15% on profit. Monthly rental income and capital gains are distributed proportionally.

Growth Potential

The market potential is massive. By 2033, real estate tokenization in Dubai is expected to account for AED 60 billion or 7% of total real estate transactions. The swift funding of the first property on Prypco Mint shows strong investor appetite.

Transparency and Security

All tokenized property transactions in Dubai are recorded on blockchain, offering unparalleled transparency and fraud prevention. Every investor’s stake is traceable, immutable, and permanently stored on a decentralized ledger, making the system highly secure.

Flexible Entry Through Fractional Ownership

Tokenized real estate in the UAE enables investors to purchase fractional shares in high-value properties, allowing them to invest based on their budget and strategy without needing full ownership.

Global Access to a Thriving Market

Tokenized property in Dubai removes traditional barriers, offering both local and international investors a seamless entry into one of the world’s most dynamic real estate markets.

Built for the Future of Investment

Aligned with the Dubai Economic Agenda D33 and the Real Estate Sector Strategy 2033, real estate tokenization in Dubai supports the city’s vision for a tech-forward, inclusive property market.