PF1AOWCW{Y*%B.2^56YR8]9:J7
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PF1AOWCW{Y*%B.2^56YR8]9:J7
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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-03 14:56:36 UTC
Verified By
Rollup News
Dubai has launched the Middle East and North Africa’s first licensed tokenised-real-estate scheme on the Prypco Mint platform, in collaboration with the Dubai Land Department, the Central Bank of the UAE, and the Dubai Future Foundation. The pilot program, with settlement handled by Zand Digital Bank, allows fractional shares in completed properties to be listed, but is initially limited to UAE ID holders with purchases starting at AED 2 000, settled in dirham. This initiative aims to test the potential of tokenisation to enhance liquidity in Dubai’s property sector while ensuring investor protection, and could pave the way for a US $19.4 billion tokenised-real-estate sector by 2033.
Dubai launches first licensed tokenised real estate scheme in MENA.
Pilot program to test liquidity and investor protection in Dubai's property sector.
Potential for a US $19.4 billion tokenised-real-estate sector by 2033.
Limited access: initially only for UAE ID holders.
Purchases must be settled in dirham.
Question of whether fractional tokens can deliver meaningful liquidity.