Hi everyone, my name is Dmitry, and I’m part of the Tokenizer.Estate project team. I recently came across a new platform called Prypco Mint, which offers real estate investment in Dubai via tokenization. As a technology and property enthusiast, I couldn’t pass it by — I registered and decided to explore what the platform is all about.

In this article, I’d like to share my impressions of this platform.

Registration and First Steps

Registration turned out to be surprisingly easy: I only had to enter my email and a few personal details, and the account was created. Full access to the platform, however, requires identity verification — the system immediately indicated that for investment purposes, I would need to upload documents and verify my Emirates ID (UAE residency ID). This is due to UAE law — only residents are allowed to participate, and the platform strictly follows these rules. Since I wasn’t planning to invest yet and don’t have an Emirates ID, I skipped the verification and decided to explore the platform as a “guest.”

Immediately after logging in, it became clear that Prypco Mint is an officially backed project. The website mentions partnerships with the Dubai Land Department (DLD) and regulation from the Virtual Assets Regulatory Authority (VARA). This inspires trust — you can see the platform operates within the legal framework, where all deals are recorded in the DLD registry, and tokenized properties are officially recognized by the authorities.

User Interface and Navigation: First Impressions

The platform’s interface greeted me with a modern, minimalist design. It’s clearly a fintech product.

The navigation was intuitive. At the top menu I found sections like Properties (for investment listings), Portfolio, Wallet, and Profile. Since my account wasn’t verified, some features (like wallet top-ups) were unavailable, but that was expected.

The main page after login showed a list of investment-ready properties. Each property was displayed as a card with a photo, short description, and key figures.

I appreciated that the key information about each property was visible right away — no need to dig through details. I could immediately assess the location, type, and expected returns. For someone new to tokenization, this will be very helpful: the platform spoke to me in the familiar language of a real estate investor (yields, housing descriptions) rather than overwhelming me with technical terms.

What Prypco Mint Offers

Once I got the hang of the navigation, I began to explore what Prypco Mint actually offers. Essentially, it’s a platform for fractional real estate ownership: it allows you to buy a share in Dubai real estate with a relatively small amount of money. The minimum investment is AED 2,000 (around $540), and in return you receive tokens representing ownership in a specific apartment or another property. This dramatically lowers the barrier to entering the real estate market for nearly any UAE resident.

Here are a few of the key features that caught my eye:

• Fractional ownership without large capital investment.

 You can invest from just AED 2,000 and become a co-owner of a property. Tokenization breaks a property into thousands of tiny pieces — essentially “real estate shares.” For example, according to the FAQ, each square meter of a property is divided into 10,000 tokens. A 130 m² apartment becomes 1.3 million tokens, and if the property is worth AED 2.6 million, each token costs just about 2 AED! Of course, you need to buy more than just one token (the AED 2,000 minimum applies), but the level of granularity is impressive.

• Passive rental income. 

As a token holder, you receive monthly income from renting the property in proportion to your share. The platform acts as the property manager: it handles renting and distributes rental payments to token holders. You don’t need to be a landlord or look for tenants — Prypco Mint handles everything, and the money lands directly in your internal wallet. Projected returns are around 8–12% annually (including capital appreciation). Of course, this is a forecast, not a guarantee — risks are disclosed, and returns aren’t carved in stone. The real estate market fluctuates.

• Flexible exit options. 

Another important point — there’s no strict lock-in period. If I need to withdraw my funds, I’ll be able to sell my tokens on Prypco Mint’s internal marketplace (though this only becomes available after a project is fully funded and launched). The platform provides a secondary market where investors can offer tokens for resale. Alternatively, if a majority of co-owners decide to sell the entire property, a vote is held: if 51% vote yes, the property is sold and proceeds are distributed proportionally. As a beginner investor, I really value this liquidity option — you’re not stuck like in a traditional real estate deal where selling your share is nearly impossible.

In summary, Prypco Mint positions itself not just as a platform where people “chip in to buy an apartment,” but as a comprehensive ecosystem for real estate investment — with regulatory backing, trust management, passive income, and the ability to enter and exit relatively easily. You get all the upsides of property ownership (income, appreciation, “bricks” in your portfolio) without many of the downsides (big capital, tenant management, bureaucratic headaches).

Tokenized Properties: What Can You Actually Buy?

So what specific properties are we talking about? The platform launched recently — the pilot went live at the end of May 2025 — so there aren’t many listings yet, but they’re high-profile. I learned about the first two projects listed on Prypco Mint (both were already fully sold out by the time I logged in):

Two-bedroom apartment in Business Bay

This was the first tokenized property that kicked everything off. The apartment was priced at AED 2.4 million and became historic: the region’s first real estate deal completed via tokens.

The sale launched on May 25, 2025, and demand exceeded expectations — the project sold out in under 24 hours! It included 224 investors from over 40 countries — imagine, more than 200 people jointly owning a single apartment. The average investment was around AED 10,714, showing that many came in with small amounts — the fractional model worked. Interestingly, the property was listed below market value (AED 2.4M vs. a valuation of ~2.89M), meaning investors got instant capital gain. Located in popular Business Bay near Downtown, the developer was Damac Properties.

Each co-owner received a digital ownership certificate from the DLD. This first sale made waves in the news and proved that the model works.

One-bedroom apartment in Kensington Waters

The second tokenized project on the platform. It launched a couple of weeks later, on June 11, 2025, and if the first was a success, the second broke records.

News headlines read: “Second tokenized real estate sold out in 1 minute 58 seconds”! I didn’t even have time to blink, and it was already gone. The property was valued at AED 1.5 million and offered at a significant discount to market (estimated at ~1.875M) — again, investors received immediate entry profit. Shares started at AED 2,000, same as before. In total, 149 investors from 35 countries participated, and over 10,700 people joined the waitlist — an astonishing number! This shows the incredible appetite for a “piece” of Dubai real estate: demand outstripped supply by far. The apartment is in MBR City, a premium new area, and the Kensington Waters complex is known for quality. According to press releases, this lightning-fast sale set a global blockchain real estate record.

For me, this was a clear sign: if I decide to invest through Prypco Mint, I need to stay sharp — good properties sell out in minutes.

Both projects belong to the premium-class ready housing segment. The platform currently only works with ready-built properties (not under construction) and carefully selects each listing. Before being listed, the DLD reviews and approves the price to prevent overvaluation or dubious assets. Each property is assigned to a Special Purpose Vehicle (SPV), which issues the tokens — this legal structure ensures correct division of ownership. For investors, this backend process is almost invisible — you simply see a property, its description, area, rental returns, etc., and choose whether to invest. But it’s reassuring to know the deal is fully transparent and legal.

Conclusion: An Observer’s Perspective

To wrap up, here’s my overall assessment. Prypco Mint left a very positive impression on me. The platform combines ease of use (just a few clicks to become an investor) with complex infrastructure behind the scenes (blockchain, licenses, banks, regulators). I really enjoyed being on this “guided tour” of a new world: I learned how real estate tokenization works, without taking any financial risk.

Of course, some limitations remain for me as an investor. First, the platform is currently closed to foreigners without an Emirates ID — you must have it, and I don’t. But I’ve seen that they plan to expand access, so I’ll keep an eye out. Second, I understand that despite the promised 10% returns, this is still an investment, not a savings account — prices can rise or fall. The platform is honest about this, which I respect: no sugarcoating, just clear and professional communication.

I’ve decided to keep watching Prypco Mint. I’ve left my account active and subscribed to updates. When the next project appears (and judging by demand, we won’t have to wait long), I’ll tune in to the launch — watching these token sales is exciting, even without investing. Maybe someday, when global access is granted (or if life brings me to the UAE as a resident), I’ll own a few tokens and be able to say I own part of a Dubai apartment. For now, this experience gave me an excellent understanding of how tokenization is reshaping real estate: on Prypco Mint, I saw firsthand how a property becomes hundreds of thousands of digital shares — and how people around the world instantly snap them up to share ownership. It’s inspiring.

It was a pleasure to share my thoughts and observations in this personal blog format. I hope my experience proves helpful and interesting to you. Thanks for reading!

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