UAE Developer RAK Properties Accepts Cryptocurrency for Real Estate Purchases

RAK Properties, a prominent real estate developer in the UAE listed on the Abu Dhabi Securities Exchange (ADX), has partnered with Hubpay to enable international investors to purchase property using cryptocurrency. This partnership aims to attract more foreign buyers by offering payment flexibility in digital assets like Bitcoin, Ethereum, and Tether. 🤝 The program converts cryptocurrency payments directly into UAE dirhams before transferring funds to RAK Properties, minimizing the developer’s direct exposure to volatile digital asset markets.