Information Technology
Ctrl Alt and Dubai Land Department Go Live with Tokenized Real Estate, Forecasts $16B Market by 2033
The project has been developed under the Real Estate Evolution Space Initiative (REES) and marks the first time in the Middle East that a government real estate registration authority has implemented a public blockchain-based tokenization of property title deeds. With this move, the DLD is leading the charge toward a more accessible, transparent and efficient real estate market, enabling fractional ownership, broadening investor participation and enhancing operational efficiency.
By leveraging native tokenization, ownership of real estate has been fractionalized, allowing multiple investors to co-own a single property. This is achieved through the PRYPCO Mint real estate platform, which is now live and allows investors to participate with a starting minimum investment of AED 2,000. EID holders are able to participate at mint.prypco.com .
The initiative is projected to contribute to the growth of an AED 60 billion ( $16 billion ) tokenized real estate market by 2033, equivalent to 7% of Dubai's total property transactions.
We've been working closely with the DLD on this project for some time, and we're delighted to be taking this major step together to bring real estate investment to a wider audience. As experts in the space, we are proud to create the tokenization infrastructure that enables DLD's partners to offer fractional real estate to investors. Dubai's leadership in embracing next-generation financial technologies is truly world-class and this project is a powerful signal of what's to come. We're thrilled to launch this pilot and continue building with DLD in the months ahead."
This strategic initiative aligns with the objectives of Dubai's Real Estate Sector Strategy 2033 and the broader Dubai Economic Agenda (D33), both of which prioritize the adoption of digital solutions to boost economic competitiveness, attract global investment and modernize key sectors.
Ctrl Alt is a leading tokenization infrastructure platform, combining blockchain technology with expert financial engineering to deliver tailored, compliant solutions in the alternative assets space. As of
May 1, 2025 , Ctrl Alt has tokenized over
$295 million in assets, spanning real estate, private credit, funds, litigation finance and more.
For further information, visit www.ctrl-alt.co or contact info@ctrl-alt.co .
Lawrence Chiu
press@ctrl-alt.co
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