In a whirlwind display of investor frenzy, the UAE’s second tokenised property offering vanished from the market in just 1 minute and 58 seconds — faster than you can say “real estate revolution.” This jaw-dropping feat confirms what many already suspected: digital real estate in the Emirates isn’t just trending — it’s exploding. Hosted on the PRYPCO Mint platform, the one-bedroom apartment in Dubai’s posh Kensington Waters community was listed at a tantalizing Dh1.5 million, significantly below market value. The response? Electric. Investors from 35 nationalities scrambled to grab fractional shares, some priced as low as Dh2,000.
This is no traditional real estate game. Welcome to tokenisation — where ownership is broken into blockchain-based digital shares, allowing everyday people to invest in premium properties without coughing up millions. Backed by the Dubai Land Department and supervised under the Real Estate Sandbox, this model is turning the city’s property scene into a tech-savvy playground for first-time buyers, millennials, and seasoned investors alike. All purchases are made in UAE dirhams for now, sidestepping cryptocurrency — but expect that to evolve.
With a waitlist of over 10,700 users and investors proudly receiving official ownership certificates, this initiative is reshaping how property is perceived and accessed. No more barriers, no more bureaucracy — just fast, secure, inclusive investment. And this isn’t a one-hit wonder. The debut property, a two-bedroom unit in Business Bay, sold out in under 24 hours. The PRYPCO model is proving itself time and again.
CEO Amira Sajwani summed it up perfectly: “Investors are hungry for a smarter way to own real estate. We’re just getting started.” Backed by key institutions like the UAE Central Bank and VARA, and powered by blockchain infrastructure on the XRP Ledger, the future of real estate is no longer brick and mortar — it’s click and token.
