Join Our Telegram channel to stay up to date on breaking news coverage
The Trump Organization’s $1 billion Dubai tower will accept crypto payments for property purchases when it is completed in about five years.
This latest venture into digital assets by the Trump-backed firm will be led by the US President’s son, Eric Trump, according to an April 29 report from The National.
Trump Excited To Merge Two Of His Passions With New Venture
Speaking to The National, Trump said Dubai has become one of the hottest property markets in the world.
The @trump team, in collaboration with @dar_global proudly introduce — Trump International Hotel & Tower, Dubai.
Rising 80 stories above Sheikh Zayed Road, this landmark blends world-class hospitality, ultra-luxury residences, and The Trump, an exclusive members-only club.… pic.twitter.com/9xUMirvZ72
— The Trump Organization (@Trump) April 29, 2025
“So many people want to invest here, from all over the world, all over Europe, the Asian continent, all over Africa. Dubai has really become the epicentre,” he added.
Trump went on to say that he is looking forward to the billion-dollar venture, because he gets to combine the property and crypto sectors.
“When I can see two worlds that I truly love come together, it’s very exciting,” he said.
Trump Organization Looking To Redefine Luxury In UAE Property Market
The $1 billion Dubai development project will include two penthouses and other condos. The penthouses will come with an asking price of $20 million, while the condos will be priced between $1 million and $1.2 million.
In the interview, Trump predicted the UAE property market will “continue to absolutely boom.” To capitalize on this prediction, the US President’s son aims to set a “new standard in terms of price per square foot and luxury” in the UAE market.
The Trump Organization already has a footprint in the Dubai property market through its partnership with Damac for two golf developments.
It has also joined forces with Dar Global to develop a resort that will include villas, a hotel, and a golf course, and it’s working on a $533 million residential development in Jeddah, which was unveiled in December.
Related Articles:
- Michael Saylor’s Strategy Buys $1.42 Billion Bitcoin
- Institutional Investors Drive April Bitcoin Rally As Retail Investors Exit
- Sony & Yoake Drop “The Seven Deadly Sins” 2nd NFT Edition
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
