Dubai's First Licensed Tokenized Real Estate Project
Sector: Commercial • Location: Dubai, United Arab Emirates
Source: Cointelegraph
Dubai has launched the first licensed tokenized real estate project in the Middle East and North Africa (MENA) region. The project allows individual investors to buy tokenized shares in ready-to-own properties in Dubai, with investments starting at 2,000 Emirate dirham ($545). The tokens will be tradeable on the newly launched Prypco Mint platform, with Zand Digital Bank appointed as the bank for
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Dubai has launched the first licensed tokenized real estate project in the Middle East and North Africa (MENA) region. The project allows individual investors to buy tokenized shares in ready-to-own properties in Dubai, with investments starting at 2,000 Emirate dirham ($545). The tokens will be tradeable on the newly launched Prypco Mint platform, with Zand Digital Bank appointed as the bank for the pilot phase. The project is part of Dubai Land Department's real-world asset tokenization initiatives and aims to attract global investors and enhance liquidity in Dubai's real estate market. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
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Region | Obfuscated |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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