PRYPCO
Overview
Prypco is a property technology (proptech) platform based in Dubai, United Arab Emirates, founded in 2022 by Amira Sajwani and Ali Hussain Sajwani. Prypco focuses on transforming real estate ownership through technology-driven solutions. The company has raised a total of $10 million in funding, with its most recent pre-Series A round led by General Catalyst, marking the venture firm’s first PropTech investment in the Middle East.
Recent Developments
- September 8, 2025: Prypco announced the closing of a pre-Series A funding round led by General Catalyst. This investment is seen as a significant step in attracting US-based venture capital to the Middle East proptech sector. The funding will be used to expand Prypco's offerings and scale operations.
- September 2, 2025: Prypco Blocks introduced the UAE's first upfront rental guarantee for fractional property investors, offering a 5% annual return paid in advance. Additionally, the company reduced its platform entry fees from 1.5% to 1% to enhance investor returns.
- August 2025: Prypco Mortgage secured a $26 million deal, a landmark moment for Dubai’s real estate finance sector, emphasizing Prypco's role in offering rapid pre-approvals and refinancing options.
- May 2025: Prypco Mint’s first tokenized property was fully funded in a single day, showcasing strong demand for innovative investment solutions in real estate.
- June 2025: Prypco began collaboration with the Dubai Land Department to advance real estate tokenization, securing a strategic role in Dubai’s property market transformation.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2022 |
| Headquarters | Dubai, United Arab Emirates |
| Founders | Amira Sajwani, Ali Hussain Sajwani |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | General Catalyst, Shorooq Partners |
| Industry | PropTech |
| Number of Employees | 101 |
Early History
Founded in 2022, Prypco was established to leverage technology in real estate investment and ownership. The company began its journey with a vision to democratize property ownership by making real estate accessible, affordable, and transparent. The founders, Amira Sajwani and Ali Hussain Sajwani, capitalized on the burgeoning proptech scene in Dubai, which is increasingly becoming a hub for innovation in real estate technology. Prypco initially focused on fractional ownership through its platform Prypco Blocks, which allowed investors to buy portions of properties as opposed to entire units.
Company Profile and Achievements
Prypco operates at the intersection of real estate and technology by offering innovative investment solutions through fractional ownership and property tokenization. Major achievements include:
- Launch of Prypco Blocks: This platform enables fractional ownership, allowing more accessible entry into property investment.
- Introduction of Upfront Rental Guarantee (2025): Pioneering in offering guaranteed rental returns to property investors, paid in advance.
- Prypco Mint: Launched as the MENA region's first tokenized property investment platform, enabling low-capital entry into Dubai's property market through blockchain-based tokens.
- Strategic Partnerships: Collaborations with the Dubai Land Department and other regulatory bodies to facilitate seamless and secure transactions.
- Significant Investment Rounds: Successfully securing funding to scale its operations and develop advanced proptech solutions.
Current Operations and Market Position
Prypco currently holds a significant position in the MENA proptech sector by providing a range of services that facilitate real estate investment and ownership. Its platforms—Prypco Blocks and Prypco Mint—offer unique entry points for property investors through fractional ownership and blockchain-enabled tokenization, respectively. The introduction of an upfront rental yield guarantee further solidifies Prypco's competitive edge by providing lucrative returns to investors. Prypco’s strategic focus on partnerships with key regulatory bodies positions it as a trusted name in the region’s property technology landscape.
Conclusion
Prypco has emerged as a pioneer in the Middle East's proptech scene by redefining real estate investment and ownership through innovative technological solutions. With continued support from major investors like General Catalyst and strategic collaborations with government entities, Prypco is well-positioned to lead the transformation of the real estate industry in the UAE and beyond. The company's commitment to democratizing property investment is paving the way for new market opportunities and growth, potentially influencing real estate structures globally.