Latest news with #AmiraSajwani
Zawya
13 hours ago
- Business
- Zawya
PRYPCO Mint's latest Tokenized Property fully funded by highest number of investors to date
Dubai, UAE: PRYPCO Mint, MENA's first real estate tokenization platform, has announced the successful funding of its latest property, a two-bedroom apartment in Park Ridge Tower C located in Dubai Hills, which attracted the highest number of investors for a single property on the platform to date. In a strategic partnership with the Dubai Land Department (DLD) and licensed by the Virtual Assets Regulatory Authority (VARA), PRYPCO Mint continues to reshape the investment landscape by unlocking access to prime real estate for as low as AED 2,000, ultimately paving the way for greater accessibility, inclusivity, and enabling real estate freedom for all. The property valued at AED 2.4 million, offered investors an estimated 14.39% instant appreciation. It was fully funded by 326 investors from 51 nationalities, with an average investment of AED 7361.96. Notably, 49.39% of the investors were returning users, highlighting growing trust and continued confidence in PRYPCO Mint's platform and offerings. 'Achieving the highest number of investors in a single property to date is a powerful validation of what we're building at PRYPCO Mint. We're seeing growing confidence in fractional ownership, and this momentum only fuels our drive to innovate and scale further', said Amira Sajwani, Founder and CEO of PRYPCO. Built on Ctrl Alt's advanced Web3 infrastructure and powered by Ripple's XRP Ledger blockchain, PRYPCO Mint delivers secure, transparent, and efficient digital real estate transactions. With Zand Digital Bank as its official banking partner since launch, the platform reinforces Dubai's position as the first city in the MENA region to adopt a licensed, blockchain-enabled model for real estate tokenization. About PRYPCO PRYPCO is a next-generation proptech company revolutionising the real estate landscape. Led by Amira Sajwani, PRYPCO delivers a range of innovative solutions, including PRYPCO Golden Visa, PRYPCO Mortgage, PRYPCO Blocks for fractional ownership, PRYPCO One for agents, and the recently launched PRYPCO Mint—the region's first tokenised real estate platform. Rooted in the spirit of Dubai's ambition, PRYPCO is driving the future of real estate, helping position the city as a global leader in innovation and opportunity.
Gulf Business
4 days ago
- Business
- Gulf Business
PRYPCO Mint hits Dhs9m in tokenised property sales in first month
Image: Supplied/ Prypco Mint PRYPCO Mint, the MENA region's first real estate tokenisation platform, has crossed Dhs9m in tokenised property investments within a Licensed by Dubai's Virtual Assets Regulatory Authority ( The platform enables fractional ownership of premium properties, making real estate more accessible through blockchain technology. PRYPCO Mint has struck a chord with investors Since going live, PRYPCO Mint has attracted investors from over 50 nationalities living in the UAE. Properties listed on the platform are fully funded in minutes, with an average funding Among the standout investments are a unit in Sobha Creek Vistas Grande, which was funded in 10 minutes by 213 investors from 38 nationalities, and a unit in Liv Residence, Dubai Marina, funded in 3 minutes by 258 investors from 47 nationalities. Average investment sizes were Dhs7,512 and Dhs7,210, respectively. 'This momentum shows just how strongly the market is moving toward tokenised real estate,' said Amira Sajwani, founder and CEO of PRYPCO. 'Investors are looking for transparency, flexibility, and access to high-value markets with lower entry barriers.' With government backing and regulatory clarity, PRYPCO Mint is positioning itself as a frontrunner in digital property ownership in the UAE.
Khaleej Times
5 days ago
- Business
- Khaleej Times
Dubai: Indian, Emirati, Pakistani investors lead in tokenised property deals
More than Dh9 million worth of deals through tokenisation have been made in Dubai within a month of selling properties through Prypco Mint, Mena's first real estate tokenisation platform. According to data shared by Prypco Mint, Indians, Emiratis, Pakistanis, Canadians, Americans, and British topped the list of investors by investment amount. More than 50 nationalities based in the UAE have invested in tokenised projects. Properties listed on the platform are being fully funded in record-breaking times, averaging just three minutes per property. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Amira Sajwani, founder and CEO of Prypco, said this strong demand in the first month of the launch of tokenisation of real estate demonstrates how strongly the market is gravitating towards tokenised real estate. 'Investors today want flexibility, transparency, and the ability to participate in high-value property markets with lower entry barriers. We're excited to see demand for tokenised properties growing every day, as more people recognise this as the future of real estate investment,' she said. The latest projects that were fully funded were two apartments in Sobha Creek Vistas Grande and Liv Residence in Dubai Marina, both located in some of Dubai's most sought-after communities. The Sobha Creek Vistas Grande property was fully funded in just 10 minutes by 213 investors from 38 nationalities, with an average investment size of Dh7,512. Meanwhile, Liv Residence in Dubai Marina achieved full funding in an impressive three minutes, attracting 258 investors from 47 nationalities, with an average investment size of Dh7,210. In March, the Dubai Land Department (DLD) launched the pilot phase of the 'Real Estate Tokenisation Project' in collaboration with the Dubai Virtual Assets Regulatory Authority (Vara) and Dubai Future Foundation (DFF) through SandBox Real Estate. Real estate tokenisation transforms real estate assets into digital tokens using blockchain technology. Each asset is divided into shares based on an investor's budget and financial strategy, enabling fractional property ownership. This innovative approach marks a significant shift by allowing investors to acquire a portion of a property without fully purchasing it, leveraging advanced technology. Unlike crowdfunding, which grants investors access to the real estate market with small investments through digital platforms, tokenisation offers a distinct and more structured model for real estate investment. According to DLD estimates, Dubai's real estate tokenisation sector is projected to reach Dh60 billion by 2033, accounting for seven per cent of the emirate's total real estate transactions.
Time of India
5 days ago
- Business
- Time of India
Private helipads, yacht berths, and beachfronts: How Amali Island earned the title ‘The Maldives of Dubai'
Amali Island, famously dubbed the 'Maldives in Dubai,' blends private beaches, yacht berths, and resort-style villas for the world's elite/Image: amaliproperties TL;DR: Amali Island is a newly launched, ultra-luxury development by Amali Properties , nestled on The World's Uruguay and São Paolo islands. Co‑founded by Ali and Amira Sajwani, the project merges exclusivity, resort-style luxury, and private island living into a single 'Maldives-meets-Dubai' concept. Of 24 villas launched in April 2024, 22 have already been sold, attracting ultra-high-net-worth buyers from the UK, India, and beyond. Each villa includes private beachfront, yacht berth access, a floating helipad, clubhouse, and resort-class amenities. With a total value of approximately AED 2 billion (~USD 545 million) and full sales in record time, Amali is a bold statement in luxury GCC real estate. A New Definition of Private Island Luxury Once overlooked and forgotten, the islands of Uruguay and São Paolo within Dubai's famed The World archipelago lay dormant for years, witnesses to an ambitious vision stalled in time. But in April 2024, these reclaimed islands were reborn as Amali Island, a boutique ultra-luxury gated enclave that has swiftly become Dubai's most exclusive private island address. Home to just 24 bespoke villas, each offering up to 50 meters of private beachfront, direct yacht-access berths, and a suite of world-class amenities including a clubhouse, spa, gym, and a floating helipad, Amali Island redefines what it means to live in paradise. Dubbed the 'Maldives of Dubai,' the island's design is inspired by the Ombu tree symbolising shelter and resilience, across seven unique architectural themes. Founded in 2023 by siblings Ali and Amira Sajwani as a boutique offshoot of their family's Damac Properties legacy, Amali Properties was born from a personal desire to create an exclusive resort-quality island lifestyle. The name 'Amali,' derived from the Arabic word for 'hope,' reflects their mission to transform dreams into architectural excellence and set a new standard for ultra-luxury living in the Gulf. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why seniors are rushing to get this Internet box – here's why! Techno Mag Learn More Undo A Race to Sell Out Amali launched sales in late April 2024 with villa prices ranging from AED 50 million to AED 125 million, with a 'crown-jewel' villa at AED 250 million (~USD 68 million). Within a month, 22 of 24 villas had sold, totalling approximately AED 2 billion (~USD 544.5 million) in transactions. Among the buyers are ultra-high-net-worth individuals from the UK, India, and even internationally renowned footballers, illustrating the global appeal. A Strategic Location: Between Uruguay and São Paolo The project involved merging two separate islands, Uruguay and São Paolo—in The World's layout. These islands, acquired via private negotiations (one reportedly from a Qatari concern), were chosen for their panoramic blockbuster views of Dubai's skyline, Palm Jumeirah, Burj Al Arab, and Atlantis The Royal. Connected by a bridge and accessible by boat in under ten minutes from the mainland with helicopter option via floating helipad, Amali offers an exclusive 'sail-in, sail-out' lifestyle. Amenities Worth a Resort Residents gain privileged access to: A 10,000 sq. ft. clubhouse with spa, gym, saltwater pools, and swim-up bar Gourmet dining, cigar lounge, yoga decks, and a floating padel court Private berths and dedicated boating infrastructure Floating helipad and marine logistics planning Beach fire pits, Jacuzzis, rooftop terraces Luxury Real Estate Market Context Dubai recorded 431 real estate transactions above USD 10 million in 2023, more than any city worldwide. The World Islands, once stalled post-2008, are now reviving thanks to global investor demand and innovative luxury offerings, such as Amali. The Sajwani siblings opted for this project precisely because prime beachfront plots have become scarce on Dubai's mainland—The World islands represent one of the city's last untouched luxury frontiers. Verdict In many ways, Amali Island reflects Dubai's evolving identity as not just a global business hub but also a home for the world's elite. The blend of privacy, design excellence, and exclusive amenities redefines what it means to own a piece of paradise in the Gulf. As the city continues to push the boundaries of luxury living, developments like Amali Island show that Dubai's allure lies not just in its skyline, but in its ability to create unique, dreamlike experiences that few other places can offer.
Arabian Business
11-07-2025
- Business
- Arabian Business
Dubai real estate: PRYPCO Blocks completes first Exit Window as over 2,800 fractional real estate units change hands
Dubai-based fractional real estate ownership platform PRYPCO Blocks has successfully concluded its first-ever Exit Window, marking a major milestone in the evolution of real estate investing in the UAE. The event saw more than 2,800 Blocks — fractional units of property ownership — traded across 211 transactions, with a total transaction value of nearly AED300,000 ($81,700). Held from June 24 to July 7, the Exit Window allowed investors to buy and sell stakes in the platform's first three income-generating properties, all of which are currently rented and delivering monthly returns. Fractional real estate in Dubai Key highlights: 77 per cent of Blocks sold at market value, highlighting liquidity and price transparency 90 per cent of purchases were made by existing PRYPCO investors, showing strong reinvestment and user satisfaction Instant rental income for new buyers as all properties are fully tenanted Over AED 172,000 ($46,900) in rental income already earned from the three featured properties Amira Sajwani, Chairperson at PRYPCO Blocks and Founder and CEO of PRYPCO, said: 'This milestone validates what we've built. Fractional real estate ownership is not just accessible. It is liquid, trusted, and is generating real returns for real people.' The results of this Exit Window underscore growing confidence in the fractional ownership model — especially among investors seeking income-generating assets with built-in liquidity. The platform has now fully funded 19 properties, reinforcing its ability to source and deliver high-quality real estate opportunities in Dubai and beyond. The next Exit Window is scheduled for December 2025, giving investors another opportunity to rebalance portfolios or realise gains in a secure and regulated environment. As PRYPCO Blocks scales, it plans to introduce more features to simplify real estate investing, while expanding its pipeline of rental-yielding properties — helping democratise real estate ownership across the region.
