Dubai Land Department Sets Global Record with Instant Sell-Out of Tokenized Real Estate Project
The Dubai Land Department (DLD) has achieved a major milestone by announcing the instant sell-out of its second tokenized real estate project on the ‘PRYPCO Mint’ platform—fully funded in just one minute and 58 seconds. This world-first accomplishment reinforces Dubai’s position as a global pioneer in digital real estate innovation.
The project attracted 149 investors from 35 nationalities, reflecting widespread global interest in Dubai’s emerging tokenized property market. In an equally remarkable development, the project amassed a waiting list of over 10,700 potential investors, signaling a surge in confidence toward blockchain-based property investment.
The PRYPCO Mint platform operates under the official accreditation of the Dubai Land Department’s Property Tokenization Initiative. It enables investors to purchase fractional ownership in ready properties via secure, transparent, and cost-efficient digital transactions. This model has drastically improved accessibility to Dubai’s real estate sector for both local and international investors.
The rapid sell-out of the second project underscores the effectiveness and market potential of the PRYPCO Mint platform. By offering seamless participation in real estate through tokenized assets, the initiative is redefining the investment landscape in Dubai. The Department anticipates that tokenized real estate will become a central pillar of the emirate’s property market by 2033.
As interest continues to grow, the Dubai Land Department is encouraging investors to register early and set up their accounts in preparation for future offerings, many of which are expected to sell out within minutes due to increasing demand.
This achievement aligns with Dubai’s broader vision to become a global hub for innovation-driven real estate investment and digital asset integration.
