UAE Real Estate Company RAK Properties to Accept Cryptocurrency

RAK Properties to Accept Cryptocurrency for Luxury Homes

RAK Properties to Accept Cryptocurrency in Real Estate Purchases  

Imagine buying a luxurious waterfront home using Bitcoin or Ethereum without any of the usual hassles. RAK Properties to accept cryptocurrency in property deals isn’t sci-fi anymore; it’s today’s bold reality. The developer has teamed up with Hubpay, an ADGM-regulated fintech platform, to convert digital tokens into UAE dirhams instantly and securely. That means no volatility headaches just fast, transparent transactions that land straight into RAK’s accounts.

Source : Website

Buying Property with Bitcoin Becomes Reality

In a move that’s turning heads, RAK Properties to accept cryptocurrency has officially become a reality. The UAE-based developer, known for landmark projects in Ras Al Khaimah’s Mina community, has teamed up with fintech platform Hubpay to offer a modern twist on buying property. Now, international buyers can pay with Bitcoin, Ethereum, or USDT and have it seamlessly converted to UAE dirhams.

Source : X 

Rahul Jogani, CFO of the Company, puts it simply: the move is about “engaging with a new ecosystem of digitally and investment savvy customers”. It’s a clear signal that RAK Properties to accept cryptocurrency isn’t just a gimmick, it's a strategic play to attract global, Web3 buyers who value speed, trust, and innovation.

UAE Pushes for Crypto Adoption in Real Estate  

This change isn't taking place alone. The UAE is promoting blockchain technology across the country, fostering a digital-first economy where the use of cryptocurrencies in UAE real estate is rapidly increasing. Places like Dubai are already on board, so RAK Properties to accept cryptocurrency feels both timely and incredibly forward-thinking.

With crypto now welcomed at the Mina community and beyond, Ras Al Khaimah joins Dubai and Abu Dhabi in proving that the UAE is serious about building a digital-first real estate market. RAK Properties to accept cryptocurrency news is a sign of where the property world is heading.

How Company stands up against Emaar, DAMAC, and other companies

The company's move doesn’t happen in isolation. Dubai giants like Emaar and DAMAC have already accepted crypto payments for select projects, while others in the hospitality sector are experimenting with similar models. By adding crypto payments, it joins this group of early adopters but with its own Ras Al Khaimah flair.

Why Timing Matters  

The crypto market, after a long stretch of chaos, has started to steady. Bitcoin has climbed back to levels that remind investors why they held on through the downturn, while Ethereum continues to cement its place as more than just a speculative bet. That recovery means crypto investors aren’t scrambling to cut losses anymore, they're looking at ways to put their assets to work. 

For many, real estate is a natural next step. Instead of cashing out into fiat, losing time and fees in the process, they can now shift directly into property. It’s simpler, cleaner, and, more importantly, it signals that their cryptocoins are being recognized as serious capital.