Bahria Town + DAO Proptech Begin
Chapter one. The instrument.

Bahria built
a twenty‑five billion
dollar empire.
Through one remarkable instrument.

Two hundred thousand allotment files. Three decades of trust.
One piece of paper, unchanged since 1996.

A Bahria Town allotment file
Wax seal. Authority.
Signed. Manual.
Plot 1001, Sector 05, Phase 05
0+
files issued across three decades
$0B+
of stock built on this one instrument
1/80
of that stock transacts in any given month
The file made Bahria the empire it is today. It is also the reason capital cannot move at the speed it needs to.
Chapter two. The question.

What if every file could move
at the speed of capital?

Verified once. Divided into shares. Tradable twenty four hours a day.
Settled in seconds, not weeks.

One paper file
500 divisible square feet
500sqft
100 1,000 2,500 5,000
At PKR 12,000 per sqft PKR 60 lakh
Settles on chain in 47 seconds
Chapter three. The proof.

We have already built this.
One hundred thousand Pakistanis
have already used it.

0+
verified users since 2020
DAO Proptech is the only SECP registered tokenization platform in Pakistan. Shariah compliant. Live on chain. Twelve mega developments. Three million square feet tokenized. Six hundred crore of capital allocated through the protocol.
Custodian and depositor
Settlement and stablecoin rails
1/6
were women, most buying their first ever asset
1/4
were Pakistanis living abroad
7/10
had never owned property before
1/2
were under thirty five
$0M+
of property tokenized
and listed on protocol
0+
mega developments live
three million square feet on chain
1,000s
of verified on chain
transactions, settled
! The one thing we got wrong.

We built the product.
We did not build the distribution.

Forty cities reached, digitally. No dealer network. No ground presence in the tehsils where seventy percent of real money in Pakistani property is made.

Bahria has the network we never built. We have the rails Bahria never built. The pieces fit.

DAO Proptech reach
~40 cities, digital only
versus
Bahria Town reach
12,000+ dealers, every tehsil
The product is built. The network exists. Only one of you is missing the other half.
Chapter four. The window.

Pakistan led this category by four years.
It is now importing it back.

2019
DAO Proptech founded in Pakistan
2020
First on chain real estate transaction in this region. Pakistan.
2022
Dubai licenses its tokenization framework
2024
Dubai records its first tokenized property transaction
2025
Saudi Arabia records the first sovereign deed on chain. Sixty six seconds.
2026
Dubai opens secondary trading. Five million dollars live. The product Pakistan invented.
Diaspora capital, 2026
Choosing Dubai
$0B per year
Reaching Pakistan
$0B per year
Pakistan built the rail.
Dubai is running the train.
Chapter five. The product.

One square foot of Bahria.
Bought in Toronto.
Settled in Karachi.

Liquid like a stablecoin. Backed by your inventory.
Redeemable, on demand, for a plot, a house, or a shop.

A Bahria Town sector
Plot 12 — Block A 2,250 sqft · 11 owners
Bahria Sector E-7
0 sqft listed
0 distinct owners
$0M traded today
9:41
Vault $1,247
Twelve new listings in Bahria.
Tap any to begin.
2,847 sqft in your wallet
Bahria Heights, Apt 4B
Phase 4 · 1,847 sqft · Sector E
Price PKR 11,200/sqft
Yield 6.4% p.a.
Owners 147
Liquidity High
Quantity, sqft
100
You pay PKR 11.2 lakh
Purchase settled.
47 seconds. On chain.
Asset Bahria Heights, Apt 4B
Quantity 100 sqft
Transaction 0x4a2f...8c91
Tap any listing.
Forty seven seconds, end to end.

The square foot is the index.
The unit is what you choose when you redeem.

2,000 sqft held
REDEEM
The file never moved. This does.
Chapter six. The resilience.

An empire is measured by what
survives a crisis.

Markets do not stop because policies change. Capital does not wait for offices to reopen.

If a government policy shifts
Residents keep their deeds.
Ownership lives on the chain, not in the registry.
If a bank freezes accounts
Dealers keep their commissions.
Settlement happens in stablecoin, paid the same day.
If an inquiry opens
Diaspora keeps its access.
The interface is global. The protocol is jurisdiction agnostic.
If a single office closes
The market keeps moving.
Liquidity is distributed across the protocol, not concentrated at a counter.
Bahria becomes the only real estate brand in Pakistan
that cannot be paused.
Chapter seven. The ecosystem.

Every stakeholder earns.
Bahria earns from all of them.

Bahria Town
The House
Broker
1.5% per trade
Dealer
2.0% per sale
Investor
Yield and carry
Resident
Tradable equity
Tenant
Rent paid on chain
Diaspora
$10 to 18B per year
The leakage no one tracks.

A plot transfers once.
The file changes hands five more times.

Bahria earns on the transfer fee. Then the file is resold privately. Then again. Then again. Three decades of secondary market activity, invisible to your books.

Today
Transfer 01 Bahria earns
Resale 01 Outside the system
Resale 02 Outside the system
Resale 03 Outside the system
Bahria captures one of four
vs
On chain
Trade 01 Bahria earns
Trade 02 Bahria earns
Trade 03 Bahria earns
Trade 04 Bahria earns
Bahria captures every one
Today, Bahria earns once and watches the rest of the value move elsewhere. On chain, every move pays Bahria. Forever.
You stop selling files. You start running an exchange.
Chapter eight. The numbers.

The economics of going on chain.

$0B+
of stored Bahria value, waiting to become liquid
developed inventory across Karachi, Lahore, Islamabad, Rawalpindi
0M
direct stakeholders
residents, dealers, employees, in society businesses
0M
diaspora addressable through the brand
sixth largest diaspora globally
$0B
walking past Pakistan every year
diaspora capital choosing Dubai, because Dubai is digital
0x
velocity uplift on dollar throughput
a $10M stablecoin vault settles $800M of secondary annually
$0M
annual orchestration revenue at year five
base case. $350M at full ecosystem capture.
The bet, sized
Build cost to capture all of this.
$0M
over three years
Enterprise value at year five
$0B
Where the capital goes
60%
15%
10%
10%
5%
Market making 60%
PR, lobbying, licences 15%
Technology build 10%
Marketing and growth 10%
Team and operations 5%
Chapter nine. The field.

Everyone is already moving.
The question is who runs it for Pakistan.

01
Binghatti
$204M penthouses become AED 500 entry tickets.
The Bugatti branded developer is tokenizing inventory so anyone can trade fractions like stocks.
Sept 2024
02
MultiBank, MAG, Mavryk
Three billion dollars of UAE real estate. Signed.
The largest single tokenization deal in the region. Dubai's land department targets seven percent of property on chain by 2033.
Q2 2025
03
VEON and JazzCash
58 million customers. 13 percent of Pakistan's GDP.
PKR fifteen trillion processed in 2025. One million Raast merchants live. The neo banking rails are already in Pakistan.
March 2026
04
Saudi REGA and CMA
A sovereign title deed on chain. Sixty six seconds.
The first state supervised tokenized property transfer globally. Nine licensed platforms in the sandbox.
Nov 2025
05
DAO Proptech
100,000 users. Live since 2020.
The only Pakistani team that built and proved this pipe. Four years before any of the above. SECP registered.
2020 to today
06
Bahria Tokenized
Not built. Yet.
A market of 1.5 million direct stakeholders, 11 million addressable diaspora. The largest real estate brand in Pakistan. Still on paper.
Build it
Chapter ten. The activation.

Activate the tokenized
infrastructure of Bahria Town.

Six months to live. One sector. One thousand allotment files migrated.
Public launch with the diaspora as anchor buyers.
Capital and team co funded by DAO Proptech, Arif Habib, and Fasset.

01
One sector, fully tokenized
A live pilot in Phase 8 or Phase 7. Selected with you.
02
Diaspora as anchor
Pre committed liquidity from Pakistanis in the UAE, the UK, and North America.
03
Dealer network preserved
Every existing Bahria dealer becomes a node on the protocol.
04
Regulatory pathway mapped
SECP framework in place. Shariah board engaged. Pakistani sovereignty preserved.
Begin the conversation
Bahria built the file.
We built the chain.
Together, we run the exchange.
Begin.

Tell us when you would like to talk.
We bring the proof of concept.
You bring one sector.

Reviewed within minutes. Confidential by default.

Founders Available for in person meeting
Investment thesis Shared on signed NDA

Received. Thank you.

We will reach out within minutes.
In the meantime, our team is at your disposal.