Prypco

A retail investor in Abu Dhabi opens her phone, taps into a Dubai Land Department-backed digital platform, and acquires a fractional share of a Business Bay apartment for AED 2,000. The property’s title deed is registered, tokenized, and partially owned by 224 investors from over 40 nationalities, with the entire AED 2.4 million listing fully funded in under 24 hours. The platform that orchestrated this transaction is PRYPCO, the UAE-born PropTech company that has won a 2026 Global Recognition Award for category-defining work in regulated real estate tokenization. Founded in 2022 by Amira Sajwani and now backed by General Catalyst’s first Middle Eastern PropTech investment, the company has facilitated nearly AED 10 billion in mortgages, processed more than 3,000 Golden Visas, and powered MENA’s first tokenized real estate transactions, all within just over three years.

Technical Innovation and Architecture

PRYPCO operates a vertically integrated PropTech platform spanning four product lines under a single regulated infrastructure: PRYPCO Mortgage, PRYPCO Golden Visa, PRYPCO Blocks for fractional ownership, and PRYPCO Mint for tokenized real estate. The technological core combines a digital onboarding and KYC engine with automated mortgage matching across 18 major UAE banks, fractional investment accounting for 21 fully funded properties through Blocks, and a tokenization infrastructure that converts ready-to-own Dubai properties into regulated digital shares of the underlying title deed. The Mint platform is the first government-licensed real estate tokenization platform in the MENA region and the first globally to partner with a government land registry to tokenize title deeds, conducted in collaboration with the Dubai Land Department, the Virtual Assets Regulatory Authority, the Central Bank of the United Arab Emirates, the Dubai Future Foundation, Ctrl Alt Solutions, and Zand Digital Bank.

The smart contract layer handles automated dividend distribution from rental yields, fractional ownership accounting, and settlement reconciliation against the official Dubai Land Department title registry. All transactions during the regulated pilot are denominated in UAE Dirhams rather than cryptocurrency, eliminating the volatility concerns associated with crypto-adjacent real estate platforms. The February 2026 launch of the secondary market enables the resale of approximately 7.8 million real estate tokens within a controlled framework, marking the structural progression from primary issuance to liquid token trading. The competitive moat is not algorithmic novelty; it is regulatory architecture. PRYPCO is the only platform globally with sovereign-grade integration into a government land registry. That integration is what unlocks the trust required to make tokenized real estate a credible asset class for retail investors.

Market Strategy and Leadership

The commercial model captures four distinct revenue streams: mortgage origination economics from bank partners, Golden Visa processing fees, fractional investment platform fees through Blocks, and primary plus secondary tokenization fees through Mint. The agent ecosystem provides an additional B2B layer, with over 60,000 UAE real estate agents accessing 300+ exclusive secondary projects, a 1,500-project data hub, and supplemental income streams through mortgage and Golden Visa referrals. Strategic distribution partnerships with Bayut and dubizzle, the UAE’s two largest property portals, embed PRYPCO into the dominant consumer real estate workflows. The September 2025 Pre-Series A round led by General Catalyst marked the firm’s first PropTech investment in the Middle East, with the investment thesis explicitly citing PRYPCO’s solution to the region’s twin challenges of illiquidity and affordability through tokenized fractional ownership starting at $545.

Leadership combines deep family-business pedigree with formal financial training and PropTech entrepreneurial execution. Founder and CEO Amira Sajwani holds a Bachelor’s in Business Administration from the American University in Dubai and a Master’s in Finance from the London School of Economics. As Managing Director of Sales and Development at DAMAC Properties, she oversees property development across the GCC, Levant, Middle East, United Kingdom, and United States, while also co-founding Amali Properties and serving as a judge on the inaugural season of Shark Tank Dubai. She has been recognized in Forbes Middle East’s 30 Under 30 list, named among “20 Women Building Middle Eastern Tech Brands,” and included in Arabian Business’s 100 Most Influential Arabs. “Our mission is to democratise property ownership, and this is just the beginning,” Sajwani stated upon the launch of PRYPCO Mint’s second tokenized property listing.

Industry Impact and Future Vision

The market response has been measurable and rapid. The first PRYPCO Mint property in Business Bay, valued at AED 2.4 million and listed below its Dubai Land Department valuation of AED 2.89 million, was fully funded within one day by 224 investors from over 40 nationalities. The second listing in Kensington Waters sold out in 1 minute 58 seconds, drawing 149 investors from 35 countries with a 10,700-person waitlist. The Park Ridge Tower C listing in Dubai Hills, valued at $653,000, attracted 326 investors from 51 nationalities, with an average investment of $2,000, offering an estimated 14.39% instant appreciation over market value. Across the broader platform, PRYPCO has helped over 3,000 individuals secure UAE Golden Visas and facilitated nearly AED 10 billion ($2.73 billion) in mortgages with 18 major banks, transforming what was historically a fragmented and high-friction process into a digitally integrated experience.

The forward roadmap is shaped by Dubai’s Real Estate Sector Strategy 2033, which targets tokenized assets to account for up to 7% of the market, equivalent to AED 60 billion ($16 billion). PRYPCO Mint is positioned to capture the foundational layer of this emerging category, with its February 2026 secondary market launch establishing token liquidity, regulated trading rails, and price discovery at scale for the first time. Global expansion will follow a sovereign-partnership playbook, requiring jurisdiction-by-jurisdiction integration with land registries and digital asset frameworks. Regulatory depth, government partnership, multi-product platform integration, and the founder’s combined family-business and tech-leadership pedigree justify the 2026 Global Recognition Award. PRYPCO has built what real estate tokenization has long promised: a regulated, sovereign-aligned, retail-accessible platform that turns property title deeds into liquid, tradable, transparent digital assets.