Luxury Real Estate Blog and News
United Arab Emirates
Fäm Properties has tied up with a digital assets trading provider to facilitate cryptocurrency transactions of investors looking to acquire and sell real estate in the UAE.
Dubai property transaction volumes in 2019 increased by 22 percent compared to 2018.
The world’s biggest property company outside China, Emaar Properties, appears to now be allowing clients to purchase properties using Bitcoin and Ethereum.
The Burj Jumeira will soar 550 meters in the air, “inspired by the harmonious ripples of the UAE’s desert sand dunes and its flowing oases.”
There was a rush to complete property sales in Dubai in the last 10 days of 2018 but experts are predicting that both prices and rents are set to keep falling in 2019.