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Kensington Waters by EllingtonPRYPCO Mint has launched its second tokenised property offering, enabling fractional ownership in Dubai real estate starting from just $545. This move strengthens Dubai’s leadership in real estate tokenisation and aligns with the city's long-term digital economy goals.
The newly listed property is a one-bedroom apartment in Kensington Waters, located in Mohammed Bin Rashid City. Originally valued at approximately $510,000, it is now offered at a discounted price of around $408,000, providing immediate built-in equity for investors.
This offering follows PRYPCO Mint’s debut in May, which featured a two-bedroom apartment in Business Bay. That property, priced at around $653,000 (discounted from $787,000), attracted 224 investors from over 40 nationalities and sold out in under 24 hours.
PRYPCO Mint allows investors to purchase digital tokens representing fractional ownership in real estate. These tokens are tied to actual property value and come with benefits such as:
Currently, the platform is available to UAE residents with a valid Emirates ID, with plans to open to international investors in future phases.
The tokenisation process uses blockchain technology to issue secure digital tokens and generate official digital ownership certificates. Investor funds are held in client money accounts until the transaction is completed, ensuring maximum security and transparency.
The project operates under a comprehensive regulatory framework involving the Dubai Land Department, the Virtual Assets Regulatory Authority (VARA), the UAE Central Bank, and the Dubai Future Foundation.
PRYPCO Mint is targeting tech-savvy millennials, first-time investors, and individuals traditionally excluded from real estate markets due to high capital requirements. With a minimum investment of just $545, the platform lowers the entry barrier and offers liquidity, transparency, and high-quality opportunities.
The roadmap includes:
Amira Sajwani, Founder and CEO of PRYPCO, stated that the overwhelming response to the platform’s first offering demonstrated strong demand for a more inclusive and modern investment vehicle. She reaffirmed the company’s goal of empowering a broader range of investors through accessible digital real estate ownership.
With its second tokenised listing, PRYPCO Mint is making real estate investment smarter, safer, and more inclusive. As Dubai accelerates its transformation into a global leader in tokenised property, platforms like PRYPCO Mint are setting a new benchmark for how the world buys and owns real estate.

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