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Own a property in Dubai with your Bitcoin
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You’ve probably already heard about cryptocurrencies and how investors can buy a property with Bitcoin in Dubai. But what do you need to know about the legal, transaction and security components of buying a property with cryptocurrency.
At the moment, you want to buy a property with Bitcoin, Etherium or other cryptocurrency in Dubai. To ensure that you are in compliance with all laws and regulations, we provide simple explanations for each of the following aspects of using cryptocurrency for buying real estate:
Why Cryptocurrency?
Have you stumbled upon cryptocurrencies like Bitcoin, Litecoin, Ripple, or Ethereum and wondered what you could do with them? Maybe you already have some but aren’t sure how to spend it. Well, the truth is that buying real estate with Cryptocurrency isn’t a new phenomenon and there are numerous places where it is legitimate to do so. In fact, in Dubai alone, there is an increasing number of landlords willing to accept Cryptocurrency for rent payments. However, it may be hard to determine whether you’d be making a wise investment or not.
Dubai’s interest in crypto usecases:
It appears that Dubai wants to become the capital of blockchain, with The Dubai Museum of the Future Foundation planning to launch a new center dedicated to all things blockchain. The center is apparently going to cost $150 million and will be a two-story building covering 18,000 square meters. The thinking behind the move is that it will help attract tourists and clients from all over the world. It plans on showcasing projects that are being worked on using blockchain technology, such as use of digital currency, transportation systems and more.
How Does Bitcoin and Other Cryptocurrency Work?
Cryptocurrencies are a form of digital currency that can be easily used to purchase goods or services. Bitcoin (BTC) and other cryptocurrencies have recently gained popularity and therefore have become more valuable. If you want to buy an apartment in Dubai, you can now do so with BTC
Secured Higher Returns | 10% For 5 Years
A Perfect Investment Opportunity in Dubai
Cryptocurrencies are extremely popular because speculators can drive their prices exponentially high at times and hence, they are very useful tools to trade for profit. The most popular and successful cryptocurrency is Bitcoin which has very volatile pricing and reached almost $65,000 in April before suddenly slumping and losing half of its value in May.
How to Buy a Property in Dubai with Cryptocurrency?
Cryptocurrency opens up a world of possibilities. One of the best aspects about cryptocurrencies is that it is as simple to use as cash or a bank loan. As a result, many real estate developers in Dubai are now allowing investors to purchase properties using various sorts of cryptocurrencies. Keep in mind, however, that developers who accept Bitcoins or other cryptocurrencies will only sign a Sale and Purchase Agreement in Dirhams, the UAE’s official currency.
Buy Apartments in Dubai with Bitcoin Cryptocurrency
Do you have a cryptocurrency and are now looking for apartments in Dubai to invest it in? If you are, then we can help you. Buying an apartment in Dubai with Bitcoin is now easier than ever. Whether you want to buy an apartment for residential purposes or want to lend it out for rent, we at DAMAC, can help you select and purchase the right property for you through Bitcoin.
Secured Higher Returns | 10% For 5 Years
A Perfect Investment Opportunity in Dubai
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A Senior Property Consultant from “Casa Nostra” will immediately call back.
WHO WE ARE?
Casa Nostra is an award-winning and culturally diverse brokerage that brings together a team of multilingual and highly qualified real estate brokers. Casa Nostra utilizes extensive expertise in the local market and the internationalism of real estate. At Casa Nostra, we exercise a client centrode approach that helps us to deliver end-to-end property management and real estate solutions.
The company has massively expanded from its official inception in 2012 with a team of exceptionally talented real estate brokers and consultants. All the solutions rendered at Casa Nostra are formulated with a result-oriented perspective, while our competent brokers are always on the lookout for ideal property investment opportunities.
Buyers, Sellers, and Tenants can reach us anytime. Thank you for choosing Casa Nostra Real Estate!
