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Dubai’s PRYPCO Mint Is MENA’s First Tokenized Real Estate Project
Dubai Land Department has partnered with PRYPCO to launch the tokenization platform offering fractional property investment starting from AED 2,000.
Dubai has taken a major leap in real estate innovation with the launch of the MENA region’s first tokenized property investment project, initiated by the Dubai Land Department (DLD) in collaboration with PRYPCO. The platform, known as PRYPCO Mint, was unveiled as part of a pilot program that enables fractional investment in prime Dubai real estate, with participation starting from just AED 2,000.
This pioneering move is supported by the Virtual Assets Regulatory Authority (VARA), the Central Bank of the UAE, and the Dubai Future Foundation. The initiative reflects the UAE’s growing focus on digital infrastructure and regulatory innovation, with Zand Digital Bank appointed as the banking partner for the pilot phase.
Accessible at mint.prypco.com, the platform currently accepts only UAE ID holders and transacts exclusively in UAE Dirhams, with no cryptocurrencies involved during the pilot. Investors can view detailed property data including pricing, technical specifications, risk profiles, and expected returns. Each investment is backed by legally documented ownership issued by the DLD, offering a transparent, secure, and hassle-free entry into the real estate market.
The project stems from a strategic alliance between DLD, PRYPCO, and Ctrl Alt Solutions, aiming to create a clear legal and operational framework for asset tokenization. Tokenized assets are expected to make up up to 7% of Dubai’s real estate market by 2033, potentially representing AED 60 billion (USD 16 billion) in value.
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Oversight is shared between the DLD and VARA, ensuring coordination between physical and digital asset regulation. The Central Bank adds an extra layer of protection through its Client Money Account (CMA) system, where investor funds are held in escrow until purchases are finalized, ensuring full transactional transparency.
In its pilot phase, the project is restricted to ready-to-own properties and limited to licensed tokenization firms — currently PRYPCO and Ctrl Alt — with plans to onboard more as the framework matures. Investors benefit from both rental income and capital appreciation, without the traditional burdens of property management.
The initiative signals a new chapter for real estate investment in the region, combining digital efficiency with regulatory rigor to unlock broader access and long-term economic value.
News
Stake Powers Instant Payouts With Checkout.com Pay To Card
The new feature lets investors in the UAE, KSA, and UK receive real estate returns in minutes — cutting withdrawal times to under 10 minutes.
Stake, a leading digital real estate investment platform, has unveiled Pay to Card, a next-generation withdrawal feature built on Checkout.com’s global payment infrastructure. The integration enables investors to have dividends and returns credited directly to their bank cards — often within minutes — dramatically reducing the traditional multi-day payout process.
After a successful pilot in May involving over 200 users, some investors reported receiving their funds in under 10 minutes. Ricardo Brizido, CPTO and Co-Founder of Stake, emphasized the importance of speed and reliability: “With Pay to Card, we’re eliminating unnecessary delays and putting returns in our investors’ hands almost instantly. This feature was built to directly solve one of the most common pain points in real estate investing, and it’s already driving strong results”.
The feature launch coincides with rapid growth in real-time finance across the Middle East. Checkout.com’s “State of Digital Commerce in MENA 2025” report highlights a 388% year-on-year surge in Account Funding Transactions (AFTs) in the UAE, reflecting strong demand for immediate payout solutions. The same study recorded a 176% increase in total processing volume from 2023 to 2024 and noted that daily online transactions have jumped 320% since 2020.
Since its 2021 debut, Stake has facilitated over AED 1 billion in property transactions, advancing its mission to democratize real estate investment in high-growth markets. By integrating Pay to Card, Stake reinforces its commitment to customer-centric innovation and operational transparency.
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Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, praised the collaboration: “Stake has always led with customer-first financial experiences. Together, we’re meeting the expectations of a region that is no longer just digital-first, but real-time-first. Pay to Card exemplifies how modern payment infrastructure can directly solve investor pain points”.
Pay to Card is now available to all Stake users in the United Arab Emirates, the Kingdom of Saudi Arabia, and the United Kingdom. By slashing withdrawal times from days to minutes, Stake and Checkout.com are setting a new standard for seamless, on-demand real estate investing.
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Dubai’s PRYPCO Mint Is MENA’s First Tokenized Real Estate Project
