What happened
RAK Properties has announced a strategic partnership with Hubpay to enable global cryptocurrency payments for real estate transactions. The move is designed to streamline the acquisition process for international investors and align the developer with the UAE's broader digital asset adoption trends.
By integrating blockchain-based payment solutions, the developer aims to reduce transactional friction and attract a new demographic of tech-savvy buyers. This digital transformation comes as the emirate continues to see a surge in luxury residential demand.
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Sources
- The Times of India — original reporting (accessed 2026-07-24)
Summarised originally by the Inside RAK Desk from reporting by The Times of India. Read the original ↗
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