PRYPCO Mint Real Estate
VARA-regulated retail real estate tokenization platform operating in a strategic partnership with the Dubai Land Department (DLD). Allows fractional ownership of premium Dubai real estate starting at AED 2,000.
Token Supply by Chain
| Date | Attestor | Assets | Link |
|---|---|---|---|
| Invalid Date | DLD Valuation / VARA Oversight | — | View |
Legal Enforceability
Investors receive an official DLD Token Ownership Certificate. The title deed records ownership as 'Tokenholder' with a unique TokenID, legally recognized by the UAE government.
Custody
Fiat funds are handled via regulated banking partners (Zand Bank). Property custody relies on the sovereign DLD registry.
Redemption
Tokens are subject to a 3-month lock-in period post-purchase. Afterward, they can be listed on the internal secondary marketplace, reliant on peer-to-peer liquidity.
Transparency
Every transaction is recorded on the XRP Ledger, and ownership certificates are visible via both the PRYPCO app and the official Dubai REST government app.
Technical
Blockchain infrastructure is provided by Ctrl Alt on the XRPL, offering enterprise-grade security tailored for institutional asset issuance.
Primary Redemption
Secondary Markets
This token requires whitelisting. Only approved addresses can hold or transfer.
Does not include gas fees or potential slippage on redemption.