LATEST: UAE’s RAK Properties Enables Bitcoin And Cryptocurrency Payment For Real Estate

RAK Properties, Ras Al Khaimah’s leading real estate developer, has announced a strategic partnership with Hubpay, an ADGM-regulated fintech, to allow property purchases through digital assets. The move marks a milestone in the region’s real estate sector, giving international investors the option to use cryptocurrencies such as BTC, ETH, and USDT to buy into RAK Properties’ flagship Mina beachfront community.

The agreement enables global clients to complete high-value property transactions securely, with Hubpay’s regulated platform instantly converting digital assets into UAE dirhams. This ensures seamless and compliant settlement directly with RAK Properties, without the developer handling any crypto directly. The initiative aligns with Ras Al Khaimah’s Vision 2030 and reinforces RAK Properties’ reputation as an innovative and trusted master developer.

Executives from both companies highlighted the appeal to a new generation of digitally savvy investors. With over 800 units at Mina scheduled for delivery this year, the partnership expands accessibility, strengthens confidence, and positions RAK Properties as a pioneer in integrating fintech solutions into real estate.

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