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Times of India reports that Prypco Mint funded a Dh 1.75 million villa in Dubailand’s Rukan Community in four minutes and fifty-eight seconds, with 169 buyers from forty nations snapping up blockchain shares starting at Dh 2,000.
Gulf News adds the average ticket reached Dh 10,355 and a further six hundred hopefuls joined a waiting list, signalling supply is struggling to keep up with fractional-ownership demand. The villa is already rented, so investors begin earning pro-rated rent from day one.
“This response shows that digital property is now a trusted, liquid asset class,” said Amira Sajwani, founder and chief executive of Prypco Mint, during a post-sale livestream.
Tokenisation slices real estate into tiny digital units stored on a public ledger. Holders collect rent and can trade during twice-yearly “exit windows,” avoiding long waits for a full resale. The platform, licensed by Dubai’s Virtual Assets Regulatory Authority and linked to the Land Department’s e-title registry, gives every token the same legal weight as a paper deed.
Bitget News explains that Dubai sees tokenised assets reaching Dh 60 billion—about seven per cent of its property market—by 2033, and backs Prypco as a flagship project in that push. The company’s previous listing, a studio flat in Jumeirah Village, set a record by funding in one minute fifty-eight seconds, underlining steady appetite among younger savers.
Two more Prypco deals open on 15 July, and officials hint that foreign-investor rules will loosen soon. If interest stays this high, Dubai’s goal of click-to-own real estate may arrive far sooner than the strategy’s 2033 deadline.
