Illustration of Modern Investment Strategies with Tokenized Assets

Key Takeaways:

Dubai launches MENA’s first licensed tokenized real estate project via Prypco Mint, supported by DLD, UAE Central Bank, and VARA.
VARA expands its regulatory framework to enable real-world asset (RWA) token trading on secondary markets.
The pilot allows UAE ID holders to invest from as low as AED 2,000, with future plans for global access.

Dubai has launched the first licensed tokenized real estate project in the MENA region, reinforcing its role as a leader in crypto innovation.

Backed by the Dubai Land Department, the UAE Central Bank, and the Dubai Future Foundation, the initiative enables fractional ownership of “ready-to-own” properties through the Prypco Mint platform.

🚨 BREAKING: Dubai just launched a $16B tokenized real estate project on XRP Ledger.

Buy property for just $500.

Habibi money is loading. #RWA 🚀 pic.twitter.com/rdYpptVzoj
— Real World Asset Watchlist (@RWAwatchlist_) May 26, 2025

Zand Digital Bank will manage banking operations during the pilot phase.

Tokenized property shares, priced from 2,000 AED (around $545), will initially be available only to UAE ID holders, though global expansion is planned.

All transactions will be conducted in dirhams (AED) during the trial period.

A key development came on May 19, when VARA updated its regulations to support real-world asset (RWA) tokenization and secondary trading.

This builds on an earlier agreement to link Dubai’s property registry with token systems.

Real estate tokenization is gaining traction globally for its ability to improve asset liquidity and investment accessibility.

The market could grow to $19.4 billion by 2033, driven by a 21% compound annual growth rate.

Despite some regulatory challenges, Dubai’s strategic push marks a major step toward modernizing property investment via blockchain technology.