Dubai Tokenised Properties Worth Dh3.4 Million Sold in 12 Minutes on Blockchain Platform
Dubai, UAE – July 17, 2025:
In a major leap for real estate innovation, the Dubai Land Department (DLD) successfully sold two luxury tokenised properties for a combined value of Dh3.4 million in just 12 minutes through the blockchain-powered PRYPCO Mint platform.
The transaction is part of Dubai’s Property Tokenization Initiative, aimed at increasing accessibility to high-end real estate investments by enabling fractional ownership of ready properties.
The first property, a contemporary one-bedroom apartment in the Live Residence Tower, Dubai Marina, was fully subscribed in under three minutes. The sale raised Dh1.86 million from 258 micro-investors, with entry points starting at just Dh2,000.
Following that, another high-end one-bedroom apartment located in Sobha Greece Vista Grande tower at Mohammed bin Rashid City was sold within nine minutes. A total of Dh1.6 million was raised from 204 investors.
Since launching the initiative on May 25, the DLD has listed five tokenised properties on the platform—all of which have sold out in under two minutes, underscoring the rising investor appetite for fractional real estate ownership in the UAE.
The program aligns with Dubai’s broader vision of integrating blockchain technology within the property sector to increase market transparency, improve liquidity, and create accessible micro-investment opportunities for a wider pool of investors.
By leveraging blockchain-backed tokenisation, Dubai is further enhancing its reputation as a global hub for real estate innovation and smart investment.
