Get Ready To Sip, Play, And Score Over 1 Million AED At Barasti’s Exciting Life-Sized Board Game Experience!
Pay Just AED 66 For A Taxi Between Dubai & Abu Dhabi!
Dubai Police Celebrates Indian Hero For Returning AED 100,000
Loyal Lovin readers can support Lovin so we can continue to share the stories of all amazing cities
Minimum custom amount to enter is AED 2
By donating, you agree to the Privacy Policy and Terms of Service
50 Extravagant Apartments In Dubai Were Just Sold For Their Equivalent In Bitcoin Amount
If the hype about Bitcoin wasn’t confusing before, it definitely doesn’t make sense now.
50 grand apartments have been sold in Dubai by two businessmen from the UK after they announced a AED1.2 billion property project last September.
The property announcement already saw buyers as some of the apartments were sold using bitcoin.
Studio apartments range for about AED477,000 which is almost 15 bitcoins. And two-bedroom apartments priced at AED1.3 million, about 45 bitcoins.
The project is being developed by Barrowman’s Dubai-registered firm, Aston Developments, which is a part of the Knox Group.
A total of 150 apartments will be sold in Bitcoin
Construction of these apartments have already begun in Dubai’s Science Park and is said to be completed in the year 2020.
And don’t worry if you have some bitcoins to spare, the development project is said to sell a total of 150 apartments in bitcoin currency, so another 100 will be released in the future.
Read: It’s Now Possible To Use Bitcoin To Buy Luxury Apartments In Dubai
Newsletter
Lovin Dubai Newsletter 