UAE’s RAK Properties to accept Bitcoin, other cryptos for real estate deals

RAK Properties, one of the largest real estate companies in the UAE, plans to accept cryptocurrencies, including Bitcoin, Ether, and Tether, for property deals. This strategy reflects the UAE’s growing reputation as a crypto-friendly region with tax incentives.

The firm reported a 39% increase in net profit, reaching 281 million dirhams in 2024. With plans for 12 new projects in 2025, RAK Properties aims to attract a digital-savvy customer base.

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