Eric Trump, executive vice president of the Trump Organization, has confirmed that cryptocurrency payments will be accepted for properties in the upcoming Trump Tower Dubai.
This update was when Eric was talking to The National in an interview, as the company unveiled its latest $1 billion real estate project with the help of real estate company Dar Global.
It’s going to be built right at the entrance of Downtown Dubai, on the famous Sheikh Zayed Road, and it should be finished in about five years.
The tower will have a Trump-branded hotel, fancy homes, a private clubhouse, and even two huge penthouses that each cost a jaw-dropping 75 million dirhams (that’s around $20.4 million USD).
Eric said, “Dubai is certainly one of the hottest property markets in the world,” pointing out how many cranes are in the sky and how fast new buildings are going up. He also said, “Everybody’s trying to redefine luxury… and they’re all succeeding.”
He said Dubai has become a global hotspot for investment and people from all over the world. He also believes this project will set new records for how expensive and high-end real estate can get.
Even though he didn’t say which cryptocurrencies will be accepted, some in the crypto space are wondering if they’ll accept the meme-based TRUMP coin, which could boost its price.
A new report from Knight Frank said Dubai had 111 home sales priced over $10 million just in the first three months of 2025. Plus, Dubai welcomed 7,200 new millionaires in 2024, bringing the UAE’s total to about 130,500 wealthy residents.
Eric credited Dubai’s government for helping the real estate boom, mentioning programs like long-term visas and residency for remote workers. He said these policies help bring in big investors and global talent.
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