UAE PRYPCO Mint to launch real estate tokenization secondary market

PRYPCO Mint, MENA’s real estate tokenization platform has launched its first-ever marketplace on 20th February via the PRYPCO Mint App, this comes as Dubai Land Department also announced the real estate tokenization marketplace on February 20th 2026 as well.

As per Prypco Mint, the launch of the marketplace follows the successful completion of Phase 1 of PRYPCO Mint, which focused on testing the regulatory, legislative, and technical foundations required to tokenize real estate assets directly on title deeds.

The pilot phase saw strong investor participation, attracting investors from more than 50 nationalities and facilitating over AED 18.5 million in tokenized property investments, with one property fully funded in a record time of just 1 minute and 58 seconds.

Following the success of Phase 1, Phase 2 marks the next stage of the initiative, enabling resale activity in a regulated secondary environment through the PRYPCO Mint App, signalling a shift from pilot testing to operational execution. The marketplace reflects the region’s growing integration of blockchain, regulation, and real estate ownership.

Built in strategic partnership with the Dubai Land Department (DLD) and licensed by the Virtual Assets Regulatory Authority (VARA), PRYPCO Mint enables real estate assets to be divided into digital tokens representing ownership shares. Through the Marketplace, investors will be able to buy, sell, and transfer these tokens 24 hours a day, 7 days a week, via the PRYPCO Mint App, subject to regulatory controls and compliance safeguards.

PRYPCO Mint is currently available to UAE residents aged 18 and above with a valid Emirates ID, providing a regulated pathway for individuals to participate in fractional real estate ownership.

Essa Ibrahim, Co-founder and President, PRYPCO, said, “Real estate remains one of the most important yet least accessible asset classes, shaped by high capital barriers, limited liquidity, and fragmented processes. The PRYPCO Mint Marketplace introduces a new model, one that enables investors to participate in property ownership with greater flexibility while maintaining regulatory safeguards. This is about building the rails for the future of ownership, where real estate can be accessed, held, and transferred digitally within a trusted ecosystem.”