### Dubai’s Groundbreaking Step into Tokenized Real Estate
**Dubai, UAE**: In a historic move for the Middle East and North Africa (MENA) region, PRYPCO Mint has launched as the first tokenized real estate investment platform, marking a pivotal moment in how real estate investment is approached. The platform’s debut property listing was astonishingly fully funded within just a day, establishing a new regional benchmark for speed, demand, and investor confidence.
### Powered by Key Partnerships
The successful launch of PRYPCO Mint is no small feat, credited largely to its strategic partnership with the Dubai Land Department (DLD) and the licensing from the Virtual Assets Regulatory Authority (VARA). Further bolstered by the backing of Zand Bank, which serves as its strategic banking partner, PRYPCO Mint offers a revolutionary way to invest in premium Dubai properties. With fractional investments starting at merely AED 2,000, accessibility has never been more within reach for potential investors.
### Wide Investor Appeal
The first property listing on PRYPCO Mint attracted an impressive crowd of 224 investors hailing from over 40 different nationalities, with each investment averaging AED 10,714. This diversity not only highlights the platform’s broad appeal but also underscores a significant and growing interest in accessible, tech-enabled real estate opportunities across the region.
### Vision for Real Estate Freedom
Amira Sajwani, the Founder and CEO of PRYPCO, expressed her exhilaration about this landmark achievement, stating, “This milestone is a powerful validation of our vision. From the outset, PRYPCO Mint was built to redefine access to real estate, making it more inclusive, transparent, and efficient.” The rapid funding of the first property signals not only a strong market demand but also significant consumer appetite for innovative investment solutions.
### Technological Backbone
Built on the advanced Web3 infrastructure of Ctrl Alt and supported by the Dubai Future Foundation, PRYPCO Mint converts real estate assets into secure digital tokens. These tokens are linked to a legally recognized Property Token Ownership Certificate issued by the DLD. Investors enjoy the same rights as conventional property ownership, yet with the added benefits of reduced administrative burdens, rental income, capital appreciation, and increased liquidity.
### A Commitment to Global Leadership
The successful listing demonstrates Dubai’s ambition to become a global leader in tokenized real estate. This aligns perfectly with strategic initiatives like the Real Estate Evolution Strategy (REES), the Dubai Economic Agenda (D33), and the Dubai Real Estate Strategy 2033. These initiatives collectively strive to double the city’s economy while enhancing transparency and accessibility in real estate investment.
### Future Prospects
Currently, PRYPCO Mint is available exclusively to Emirates ID holders, showcasing a focus on local investments before expanding its reach to global investors in the coming months. This move will further solidify Dubai’s position as the epicenter of blockchain-powered real estate innovation.
### About PRYPCO
PRYPCO stands at the forefront of revolutionizing the real estate landscape in Dubai. A next-generation proptech company led by Amira Sajwani, PRYPCO offers a slew of innovative solutions such as PRYPCO Golden Visa, PRYPCO Mortgage, and PRYPCO Blocks for fractional ownership. With the recent advent of PRYPCO Mint, the company remains committed to driving the future of real estate and helping establish Dubai as a global leader in innovation and opportunity.
