RAK Properties Embraces Crypto for Real Estate Purchases

Real estate developer RAK Properties has announced a revolutionary move, becoming the first in the UAE to accept cryptocurrency payments for property purchases. This signifies a major shift in how real estate transactions are conducted, with buyers now able to use digital assets to own their dream homes within the thriving emirate of Ras Al Khaimah. 2023’s global crypto boom has fueled this change, and RAK Properties has capitalized on it by implementing a secure payment gateway that simplifies the process for buyers and sellers alike.