Dubai RWA Apartment Sells in Under 2 Minutes

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

In a landmark move that reinforces Dubai’s leadership in the real estate sector, Dubai Land Department announced that its second tokenised 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 strong interest in digital real estate ownership s…

The Dubai Land Department sells out tokenized real estate instantly, setting a world record - PropertyNews.ae

The Dubai Land Department reported that its second tokenized project on the “PRYPCO Mint” platform was fully funded in a record-breaking one minute and 58 seconds, drawing 149 investors from 35 different countries. This historic achievement further solidifies Dubai’s leadership in the real estate industry. The waiting list now has over 10,700 investors due to the extraordinary demand, which reflects the emirate’s growing confidence and keen inte…

Dubai RWA apartment sells in under 2 minutes

The one bedroom apartment in Kensington Waters in Dubai UAE which was listed as a tokenized investment property by Dubai Land Department (DLD) and PRYPCO Mint platform sold out in just 1 minute and 58 seconds. The property at Kensington Waters is worth $653,000 the same value as the first tokenized property sold. In total PRYPCO Mint and DLD have sold so far $1.306 billion worth of tokenized property in Dubai and the future will see more. This w…

Dubai’s second tokenised property fully funded in under 2 minutes

The offering attracted 149 investors from 35 nationalities, pushing the waiting list to more than 10,700 individuals The post Dubai’s second tokenised property fully funded in under 2 minutes appeared first on Gulf Business.

Dubai Land Department: The second tokenized project on the ‘PRYPCO Mint’ platform was sold out in a record-breaking one minute and 58 seconds

Open the article to view the coverage from Biz Today