Bitcoin News

Story: Bitcoin Payments Now Accepted by Leading UAE Developer RAK Properties

By Maheen Hernandez

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Targeting Digitally Savvy Global Investors. Executives at RAK Properties confirmed that the new payment option is designed to attract a…

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Hubpay Partnership Ensures Stability. One of the major concerns when accepting cryptocurrency is volatility.

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Strong Profits Fuel Expansion. RAK Properties’ move into crypto payments comes at a time of solid financial performance.

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A Growing Trend in UAE Real Estate. RAK Properties is not the first developer in the UAE to embrace crypto.

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Ras Al Khaimah’s Vision 2030. RAK Properties’ latest move also ties into Ras Al Khaimah’s Vision 2030, an economic growth…

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Bitcoin Adoption Continues to Expand. The adoption of Bitcoin and other cryptocurrencies in real estate is part of a wider global trend.

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Looking Ahead. RAK Properties’ acceptance of Bitcoin, Ethereum, and Tether is more than just a payment option—it…

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RAK Properties, one of the largest publicly listed real estate developers in the United Arab Emirates, has officially begun accepting cryptocurrency payments for property…

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The initiative is being rolled out in partnership with Hubpay, a licensed fintech company under the Abu Dhabi Global Market (ADGM).

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Executives at RAK Properties confirmed that the new payment option is designed to attract a broader pool of buyers, especially those who prefer digital assets for large-scale…

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“Many international investors are now digitally and investment savvy. By allowing crypto payments, we’re ensuring our offerings align with the evolving needs of global clients,”…

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The company is currently focused on its flagship development, the Mina Al Arab waterfront community, which is set to deliver more than 800 residential units by the end of 2025.

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One of the major concerns when accepting cryptocurrency is volatility. However, RAK Properties’ partnership with Hubpay eliminates that risk.

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Hubpay’s infrastructure also ensures compliance with regulatory standards in the UAE. Being a licensed entity under ADGM gives investors confidence that transactions are not only…

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RAK Properties’ move into crypto payments comes at a time of solid financial performance. According to company reports, the developer recorded a net profit of AED 160 million ($43.

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