In a move that will no doubt astonish you (or, more likely, make you roll your eyes), Eric Trump, the *executive vice president* of the Trump Organization, has announced that the Trump Tower Dubai will now accept crypto payments. Yes, you read that right—crypto, because, naturally, nothing says “luxury” like paying for a penthouse with Bitcoin.
This luxurious development, because what else would you expect from the Trump brand, is poised to rise majestically at the entrance of Downtown Dubai on Sheikh Zayed Road. Five years from now, the project will feature a Trump-branded hotel, swanky residential units, and a clubhouse where the rich and famous will undoubtedly sip on overpriced drinks. Oh, and let’s not forget the two penthouses priced at a cool Dh75 million ($20.4 million) each. Just pocket change, really.
Dubai: The “Hottest Property Market” – As If You Didn’t Know
In a moment of absolute clarity, Eric Trump confirmed during an interview that the Trump Tower Dubai will accept crypto payments for its properties. The announcement came as part of a gloriously hyped-up reveal of the $1 billion project, developed in collaboration with London-listed Dar Global. Who exactly will be paying with crypto remains a mystery, but let’s just hope they’re accepting TRUMP coin soon—after all, there’s nothing like boosting a questionable currency by using it to buy overpriced real estate.
As if that wasn’t enough, Eric Trump shared his unshakeable belief that Dubai is “certainly one of the hottest property markets in the world.” Which, of course, it is—if by “hot” you mean packed with more tower cranes than your average construction site, and a luxury market that can never get enough redefining. And, naturally, the Trump family is ready to lead the charge in setting new, absurdly high standards for price per square foot. Bravo!
According to Trump, the Dubai real estate market will continue to absolutely “boom,” because there’s clearly no slowing down the luxurious roller coaster that is Dubai’s property sector. And let’s not forget the numbers—Knight Frank reported 111 sales of homes valued at more than $10 million in just the first quarter of 2025. Chump change, really, when you’re shopping with crypto.
Dubai: The New “Destination for the Entire World” (Because Who Doesn’t Want to Be Here?)
Eric Trump wasn’t done yet, folks. He went on to declare that Dubai has truly become a “destination for the entire world.” I mean, who can resist the allure of tax-free living, luxury condos, and a government that hands out residency permits like candy? It’s no surprise that Dubai has seen an influx of millionaires, as revealed by Knight Frank, which reported that 7,200 millionaires made their way to the UAE in 2024 alone. Who doesn’t want to rub elbows with them?
Oh, and let’s not forget the fascinating stats—by the end of 2024, the UAE boasted 130,500 dollar millionaires. And, in case you’re wondering, the Emirates now rank as the 14th-largest wealth market globally. All thanks to some well-timed government initiatives, like the Golden Visa program, which lets you stay forever as long as you have money to burn. Gotta love it!
This announcement comes on the heels of Donald Trump Jr.’s $500k DC Club, which, in case you missed it, recently welcomed White House Crypto Czar David Sacks. No word on whether he’ll be paying for his membership in Bitcoin, but hey, we can always dream.
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2025-04-29 19:18