real estate blockchain

Dubai announces phase 2 of property tokenisation project for secondary market resale

UAE residents and investors could invest from as low as Dh2,000. Phase two focuses on activating resale activity in the Dubai secondary market by enabling the resale of approximately 7.8 million real estate tokens Dubai Land Department (DLD) on Monday announced the launch of the second phase of its real estate tokenisation project, allowing resale in the secondary market from February 20,...

Dubai Land Department achieves world-first with instant sell-out of tokenized real estate

In a landmark move that reinforces Dubai’s leadership in the real estate sector, Dubai Land Department announced that its second tokenized project on the ‘PRYPCO Mint’ platform was fully funded in a record-breaking one minute and 58 seconds, attracting 149 investors from 35 nationalities. This unprecedented demand pushed the waiting list to over 10,700 investors, reflecting rising confidence and...

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