Buying property through Crypto currency
The latest buzz in the market, buying property through Crypto Currencies.
Yes, you heard it right, Dubai is one of the first cities that offers this opportunity where you can actually convert your De-Fi investments into REAL ESTATE investments, leveraging it to more stable investment that can reap appreciation and consistent returns.
The global finance has recently seen a substantial surge in crypto which peaked during November, 2021 at Dollar 916 USD, however because of its instability and certain unfavorable instances the market quickly dropped to Dollar 51.18 USD because of the uncertainty and bearish market.
Here one of the key learning was the resilience of stability is always better when it comes to investments. Capitalizing on this opportunity, developers in Dubai were proactive enough to leverage this avenue by accepting crypto payments directly from your crypto wallets to buy a property in Dubai.
This being a complete game changer opened up a new horizon for investors, where a variety of smart investors transformed their Spot and Margin earnings into Real Estate Investments and that too in a city like Dubai, where they have high confidence on the property to appreciate in the long run.
Today, as we speak, there are more than 10 developers in Dubai that allow your Bitcoin, Ethereum, Litcoin, USDT, BUSD or other stable coins directly with the current market value of the currency. And with Crypto Exchanges like Binance, BitOasis and other, you already have a proper regulated platform available here in Dubai to achieve your goal.
For the investors who are seeking to invest in properties other than these options, the Dubai Real Estate Industry has also not left them behind. There are fully regulated exchanges that convert your crypto currency into Dirhams after proper KYC procedures, and ensures you a smooth transaction allowing you to save costs from decentralized finance mechanism.
To learn more about how to invest in Dubai Real Estate by transforming your coins into properties, please feel free to get in touch with our advisors at Homes 4 Life.