A Circular Shared By Emaar Stated That Their Properties Can Be Purchased By Bitcoin
Welcome to the future, you might be able to buy an estate with Bitcoin or Ethereum
According to a circular, for the first time in Dubai, Emaar, considered the UAE’s top real estate developer is accepting cryptocurrency. Meaning you may now be able to buy ANY Emaar property using Bitcoin or Ethereum!
This new method of payment will open doors to a new target market, which is newly-minted bitcoin millionaires, further boosting the real estate market in Dubai, and enabling bitcoin users to turn their crypto-currency into valuable physical assets.
The news spread like wildfire after a screenshot of an email from Emaar to Dubai realtors was tweeted by Dubai-based Twitter user @CoinzData.