Dubai’s real estate landscape is undergoing a paradigm shift. On July 6, 2025, the Dubai Land Department (DLD) and Crypto.com signed a Memorandum of Cooperation (MoC) to transform the property sector through blockchain and tokenization, aligning with Dubai’s strategic “Real Estate Strategy 2033” goal—hitting AED 1 trillion in transactions by decade’s end.

What Does This Partnership Mean?

• Blockchain-backed tokenisation: Physical properties can be converted into digital tokens, enabling fractional ownership, improved liquidity, and access for global and retail investors.
• Full digital ecosystem: The initiative covers investor verification, custody, settlement, and digital asset trading—all within a secure, compliant framework.
• Crypto-transaction integration: The scheme explores real estate transactions using cryptocurrencies, seamlessly converting them into Dirhams to settle in official accounts.

Crypto.com will provide the technical platform, advisory services, and regulatory support, while DLD ensures administrative oversight, legal compliance, and pilot deployment.

Building on a Foundation of Innovation

Dubai’s real estate tokenisation is not untested hype—it’s already live:

The PRYPCO Mint platform (a joint DLD‑Prypco initiative) launched in May 2025, offering shares in premium Dubai properties starting at AED 2,000. Exclusively available to UAE ID holders, its pilot phase is now expanding globally.

Its second tokenised project sold out in 1 minute 58 seconds—a strong signal of investor appetite.

This momentum complements broader digital goals: Dubai aims to make 90 % of transactions cashless by 2026, already enabling crypto for government fee payments.

Why It’s a Game-Changer for Global Investors

1. Unparalleled Liquidity
   Properties that once required large capital and lengthy processes can now be traded like financial assets, opening doors to investors worldwide.
2. Fractional Ownership
   Tokenisation democratizes ownership—individuals can buy into premium developments in affordable increments, as low as AED 2,000 on PRYPCO Mint.
3. Transparency & Security
   Immutable blockchain ledgers offer full traceability and reduced fraud risk—ideal for an ecosystem rooted in trust and global compliance .
4. Regulatory Backbone
   Dubai’s Virtual Assets Regulatory Authority (VARA), Central Bank, DLD, Ministry of Finance, and Dubai Future Foundation ensure a well-regulated sandbox system, balancing innovation with security.

Where This Fits in Hanok’s Global Strategy

At Hanok International, our focus is strategic—bridging global capital with Dubai’s dynamic real estate market. Here's what to watch:

Pilot Tokens: As PRYPCO expands beyond UAE ID holders, Hanok can guide international clients into early-stage token projects.

Fractional Access: Tokenisation enables diversified portfolios with minimal investment—perfect for clients aiming for premium Dubai assets without large capital outlays.

Digital On-Ramp: Through Crypto.com’s infrastructure, Hanok can facilitate a streamlined, compliant route for clients to invest using digital assets, with full conversion to Dirhams.

What Comes Next

• Expanded PRYPCO rollout: Global access to tokenized real estate expected post-pilot phase.
• Crypto for Govt Fees: Seamless payments in AED via Crypto.com wallet—already integrating into Dubai's digital payment network.
• New Property Listings: Expect more tokenised buildings across communities like Downtown, Palm Jumeirah, and Business Bay.
• Broader Crypto Wallet Use: Emirates, Duty Free, tourism, retail—all seamlessly linked into the Crypto.com environment.

Dubai’s fusion of real estate and blockchain marks a global-first—a high-regulation sandbox with live pilots, from PRYPCO to Crypto.com integration. For Hanok International and global investors, this means unprecedented access to high-value Dubai assets in a fractional, liquid, and secure format.

With Dubai’s roadmap crystal-clear—cashless economy by 2026, AED 1 trillion transactions by 2033—the tokenized property wave is real. At Hanok, we stand ready to help clients ride this digital frontier with insight, compliance, and speed.