Can you really buy property in Ras Al Khaimah with Bitcoin now?
Yes — RAK Properties PJSC has officially entered the crypto era, allowing buyers to purchase real estate using Bitcoin, Ethereum, and USDT. This groundbreaking move puts Ras Al Khaimah (RAK) at the forefront of digital real estate transactions in the UAE, unlocking a world of possibilities for investors worldwide.
Let’s dive into how this shift works, what it means for investors, and why now might be the smartest time to invest in crypto real estate in Ras Al Khaimah.
What Is RAK Properties PJSC, and Why Is This Move Important?
RAK Properties PJSC is one of the leading developers in Ras Al Khaimah, with a robust portfolio of residential, hospitality, and mixed-use developments. Established in 2005, the company has shaped RAK’s modern skyline with signature projects like Mina Al Arab, Marbella Villas, and Julphar Towers.
But this new development — accepting cryptocurrency for property sales — isn't just a company update. It’s a regional breakthrough. RAK Properties PJSC becomes one of the first government-affiliated developers in the UAE to accept digital currencies as payment, in partnership with fintech platform Hubpay.
Why does it matter?