Latest news with #UniqueProperties
Arabian Business
21-05-2025
- Business
- Arabian Business
The pros and cons of buying Dubai real estate with cryptocurrency
Buying property in Dubai with cryptocurrency is no longer a novelty, it is becoming a serious alternative to traditional real estate transactions, according to Unique Properties. With the UAE's proactive approach to blockchain and digital asset regulation, Dubai is now one of the few cities in the world where cryptocurrency can be used to legally and securely purchase residential and commercial real estate. As more developers and buyers embrace crypto payments, the conversation is shifting from 'Is this possible?' to 'What are the risks and rewards?' – whether you're a seasoned crypto investor or a newcomer to Dubai's property market. Dubai real estate cryptocurrency sales As of early 2025, several top developers and real estate brokers have started accepting Bitcoin (BTC), Ethereum (ETH), and even stablecoins like USDT for property purchases. Many global crypto holders are now looking to convert digital wealth into tangible, income-generating assets, and Dubai's real estate market offers strong capital appreciation, tax-free ownership, and global appeal. Why investors are buying property in Dubai with cryptocurrency Global accessibility: Cryptocurrency breaks down traditional banking barriers. International investors no longer need to worry about currency exchange, banking delays, or cross-border payment issues. A crypto wallet and a secure transaction channel are all you need Fast and transparent transactions: Blockchain enables near-instantaneous, traceable transactions. Smart contracts can automate many parts of the buying process, reducing paperwork and human error Wealth diversification: For high-net-worth individuals, converting part of their crypto portfolio into real estate in Dubai provides long-term stability and a hedge against market volatility Crypto-friendly legal framework: Dubai's creation of the Virtual Assets Regulatory Authority (VARA) in 2022 signalled its commitment to developing a regulated digital asset ecosystem. In 2025, VARA continues to work closely with the Dubai Land Department (DLD) to ensure real estate purchases made with crypto are legitimate, secure, and fully compliant with UAE law Despite its convenience, buying property in Dubai with crypto in 2025 comes with a few important caveats. Union Properties raises these concerns to look out for: Volatility: Crypto prices fluctuate rapidly. If the value of your coins drops before conversion to AED, you could lose a significant portion of your purchasing power. Most deals fix the AED amount at the time of agreement, so timing matters. Regulatory differences: While Dubai welcomes crypto, not all countries do. Investors must consider the tax and legal implications in their home country when converting digital assets into property. Scams and fraud: As with any new market, bad actors exist. Always verify that the broker, developer, and payment processor are licensed by the DLD and VARA. Never transfer funds without a formal agreement and legal oversight. Limited inventory: Although growing, the number of properties available for crypto transactions is still limited. High-demand areas often sell out quickly, especially off-plan units accepting digital assets. Buying property in Dubai with crypto in 2025 is no longer just a futuristic concept – it's a real, regulated option for forward-thinking investors. While the process involves more due diligence, it offers unmatched speed, global access, and financial flexibility.
Zawya
21-05-2025
- Business
- Zawya
Dubai real estate embraces cryptocurrency in 2025: Risks & rewards
Dubai, UAE: In 2025, buying property in Dubai with cryptocurrency is no longer just a novelty – it's becoming a serious alternative to traditional real estate transactions. With the UAE's proactive approach to blockchain and digital asset regulation, Dubai is now one of the few cities in the world where cryptocurrency can be used to legally and securely purchase residential and commercial real estate. Unique Properties, a leading real estate agency in Dubai, outlines the key factors to consider when making a purchase with crypto. As more developers and buyers embrace crypto payments, the conversation is shifting from 'Is this possible?' to 'What are the risks and rewards?' – whether you're a seasoned crypto investor or a newcomer to Dubai's property market. Crypto and Dubai Real Estate: A Natural Match Dubai has always been ahead of the curve when it comes to technology and innovation. From AI integration in urban planning to its blockchain-powered government services, the city has laid the groundwork for digital transactions to thrive. As of early 2025, several top developers and real estate brokers have started accepting Bitcoin (BTC), Ethereum (ETH), and even stablecoins like USDT for property purchases. This shift isn't surprising. Many global crypto holders are now looking to convert digital wealth into tangible, income-generating assets, and Dubai's real estate market offers strong capital appreciation, tax-free ownership, and global appeal. Why Investors Are Buying Property in Dubai with Crypto Global Accessibility: Cryptocurrency breaks down traditional banking barriers. International investors no longer need to worry about currency exchange, banking delays, or cross-border payment issues. A crypto wallet and a secure transaction channel are all you need. Fast and Transparent Transactions: Blockchain enables near-instantaneous, traceable transactions. Smart contracts can automate many parts of the buying process, reducing paperwork and human error. Wealth Diversification: For high-net-worth individuals, converting part of their crypto portfolio into real estate in Dubai provides long-term stability and a hedge against market volatility. Crypto-Friendly Legal Framework: Dubai's creation of the Virtual Assets Regulatory Authority (VARA) in 2022 signalled its commitment to developing a regulated digital asset ecosystem. In 2025, VARA continues to work closely with the Dubai Land Department (DLD) to ensure real estate purchases made with crypto are legitimate, secure, and fully compliant with UAE law. The Risks of Buying Property with Cryptocurrency Despite its convenience, buying property in Dubai with crypto in 2025 comes with a few important caveats. Volatility: Crypto prices fluctuate rapidly. If the value of your coins drops before conversion to AED (UAE dirham), you could lose a significant portion of your purchasing power. Most deals fix the AED amount at the time of agreement, so timing matters. Regulatory Differences: While Dubai welcomes crypto, not all countries do. Investors must consider the tax and legal implications in their home country when converting digital assets into property. Scams and Fraud: As with any new market, bad actors exist. Always verify that the broker, developer, and payment processor are licensed by the DLD and VARA. Never transfer funds without a formal agreement and legal oversight. Limited Inventory: Although growing, the number of properties available for crypto transactions is still limited. High-demand areas often sell out quickly, especially off-plan units accepting digital assets. Buying property in Dubai with crypto in 2025 is no longer just a futuristic concept – it's a real, regulated option for forward-thinking investors. While the process involves more due diligence, it offers unmatched speed, global access, and financial flexibility. Dubai's leadership in smart regulation, combined with its booming real estate market, makes it the ideal destination for turning digital assets into physical investments. Whether you're eyeing a sleek Downtown apartment or a beachfront villa in Palm Jumeirah, your crypto could be your ticket in. Source: Unique Properties About Unique Properties Since 2008, Unique Properties has proudly established itself as a leading real estate agency in Dubai, earning multiple prestigious awards and boasting over 16 years of industry experience. The agency's expertise lies in uncovering the finest investment opportunities in the market. As trusted partners of renowned developers such as Emaar, Nakheel, Dubai Holding, Damac, and Majid Al Futtaim, Unique Properties is committed to transforming the real estate sector by crafting sophisticated spaces that set new benchmarks with each step. These partnerships ensure access to the best properties and investment options that Dubai has to offer. In its pursuit of excellence, Unique Properties has recently relocated to a larger, more modern space, reflecting its growth and dedication to providing superior services. The agency has also expanded its offerings to include the secondary market, allowing clients access to an even wider range of real estate options. Additionally, Unique Properties offers a variety of other services, including interior design, property management, PRO and conveyancing, holiday homes, and an investment arm. This expansion ensures the continued delivery of unparalleled service without compromising on the commitment to excellence. Unique Properties continues to redefine the standards of real estate, creating exceptional living and investment opportunities that stand the test of time. The journey to finding the perfect property starts with Unique Properties, where innovation, quality, and client satisfaction are at the heart of everything they do. Middle East Media Enquiries should be directed to AllDetails: Diane D'costa, Senior PR Account Manager Email: Chamodi Gunawardane, Junior PR Account Manager, Email:
Trade Arabia
08-04-2025
- Business
- Trade Arabia
Unique Properties closes landmark plot sale on Jumeirah Bay
Unique Properties, a major player in Dubai's ultra-luxury real estate market, said it has successfully closed yet another record-breaking transaction - a landmark AED182 million ($50 million) residential land sale on Jumeirah Bay Island. The prime land plot, spanning 25,441 sq ft, was sold at AED7,154 per sq ft, with the deal expertly facilitated by Vanessa Sevsky, adding to Unique Properties' extensive portfolio of high-profile transactions. Jumeirah Bay Island, also known as Billionaire Island, is an exclusive residential community off the coast of Jumeirah. Located near the prestigious Jumeirah neighbourhood, it features a curated collection of luxury waterfront properties. Developed by Meraas Holding, the island is connected to the mainland by a 300-m bridge and features some of the city's most sought-after plots. Spanning 6.3 million sq ft in the shape of a seahorse, the island is home to a mix of low-rise residences, luxury villas, a boutique resort, a world-class marina, and the prestigious five-star Bvlgari Hotel. The buyer, an ultra-high-net-worth individual, plans to build a custom home on the prestigious island. This sale is a testament to the firm's ability to navigate Dubai's cut-throat real estate market and secure premium opportunities for discerning investors. This achievement highlights Unique Properties' unwavering expertise and proven track record in securing premium assets for high-net-worth clients. On the transaction, Founder and CEO Arash Jalili said: "Securing a plot on Jumeirah Bay Island is a significant achievement, given its status as one of Dubai's most exclusive real estate locations. This deal was the result of months of strategic negotiations and planning to pinpoint the ideal opportunity." "In the end, we successfully acquired an outstanding plot for our client. This sale highlights our steadfast dedication to providing top-tier investment opportunities in Dubai's ever-evolving real estate market," he added. The buyer of the plot, he stated, was planning to develop a private residence, reflecting a growing trend among UHNWIs to build custom homes tailored to their preferences.
Khaleej Times
03-04-2025
- Business
- Khaleej Times
Prime residential plot in Dubai sells for record Dh182 million
In another landmark deal in Dubai's booming real estate market, a residential plot of land has been sold for Dh182 million (approximately $50 million) on the Jumeirah Bay Island. The prime land plot, spanning 25,441 square feet, was sold at Dh7,154 per square foot. The buyer, an ultra-high-net-worth individual, plans to build a custom home on the prestigious island. Unique Properties, a dominant force in Dubai's ultra-luxury real estate market, closed the transaction. The deal was facilitated by Vanessa Sevsky. Arash Jalili, Founder and CEO of Unique Properties said: 'Securing a plot on Jumeirah Bay Island is a significant achievement, given its status as one of Dubai's most exclusive real estate locations. This deal was the result of months of strategic negotiations and planning to pinpoint the ideal opportunity. In the end, we successfully acquired an outstanding plot for our client. This sale highlights our steadfast dedication to providing top-tier investment opportunities in Dubai's ever-evolving real estate market.' Jumeirah Bay Island, also known as Billionaire Island, is an exclusive residential community off the coast of Jumeirah. Located near the prestigious Jumeirah neighbourhood, it features a curated collection of luxury waterfront properties. Developed by Meraas Holding, the island is connected to the mainland by a 300-metre bridge and features some of the city's most sought-after plots. Spanning 6.3 million square feet in the shape of a seahorse, the island is home to a mix of low-rise residences, luxury villas, a boutique resort, a world-class marina, and the prestigious five-star Bvlgari Hotel. Dubai's real estate market has experienced a significant surge in demand for ultra-luxury properties, driven by an influx of international buyers seeking stability, luxury, and long-term investment opportunities. The city's low-tax environment, world-class infrastructure, and investor-friendly policies, such as the golden visa programme, have made it a magnet for global wealth. The buyer of the Dh182 million plot plans to develop a private residence, reflecting a growing trend among ultra-high-net-worth individuals to build custom homes tailored to their preferences. This shift away from pre-built properties highlights the desire for personalisation and exclusivity in Dubai's luxury real estate market. Armin Jalili, Partner at Unique Properties, said: 'In recent years, we've witnessed a clear shift in buyer behaviour — today's ultra-high-net-worth individuals are not just investing in Dubai; they're choosing to create their dream homes here. The desire for exclusivity and personalisation has never been stronger, and Dubai continues to offer unmatched opportunities in this space.'
Zawya
03-04-2025
- Business
- Zawya
Unique Properties facilitates record-breaking AED 182mln land sale on Jumeirah Bay Island
Dubai, United Arab Emirates: Unique Properties, a dominant force in Dubai's ultra-luxury real estate market, has successfully closed yet another record-breaking transaction - a landmark AED 182 million (approximately $50 million) residential land sale on Jumeirah Bay Island. This achievement highlights Unique Properties' unwavering expertise and proven track record in securing premium assets for high-net-worth clients. The prime land plot, spanning 25,441 square feet, was sold at AED 7,154 per square foot, with the deal expertly facilitated by Vanessa Sevsky, adding to Unique Properties' extensive portfolio of high-profile transactions. The buyer, an ultra-high-net-worth individual, plans to build a custom home on the prestigious island. This sale is a testament to the firm's ability to navigate Dubai's cutthroat real estate market and secure premium opportunities for discerning investors. Commenting on the transaction, Mr. Arash Jalili, Founder and CEO of Unique Properties said: 'S ecuring a plot on Jumeirah Bay Island is a significant achievement, given its status as one of Dubai's most exclusive real estate locations. This deal was the result of months of strategic negotiations and planning to pinpoint the ideal opportunity. In the end, we successfully acquired an outstanding plot for our client. This sale highlights our steadfast dedication to providing top-tier investment opportunities in Dubai's ever-evolving real estate market. ' Jumeirah Bay Island: A Premier Luxury Destination Jumeirah Bay Island, also known as Billionaire Island, is an exclusive residential community off the coast of Jumeirah. Located near the prestigious Jumeirah neighbourhood, it features a curated collection of luxury waterfront properties. Developed by Meraas Holding, the island is connected to the mainland by a 300-metre bridge and features some of the city's most sought-after plots. Spanning 6.3 million square feet in the shape of a seahorse, the island is home to a mix of low-rise residences, luxury villas, a boutique resort, a world-class marina, and the prestigious five-star Bvlgari Hotel. Evolving Market Dynamics and the Rise of Custom Luxury Homes Dubai's real estate market has experienced a significant surge in demand for ultra-luxury properties, driven by an influx of international buyers seeking stability, luxury, and long-term investment opportunities. The city's low-tax environment, world-class infrastructure, and investor-friendly policies, such as the golden visa programme, have made it a magnet for global wealth. The buyer of the AED 182 million plot plans to develop a private residence, reflecting a growing trend among ultra-high-net-worth individuals to build custom homes tailored to their preferences. This shift away from pre-built properties highlights the desire for personalisation and exclusivity in Dubai's luxury real estate market. Highlighting the trend, Mr. Armin Jalili, Partner at Unique Properties, commented, 'In recent years, we've witnessed a clear shift in buyer behaviour - today's ultra-high-net-worth individuals are not just investing in Dubai; they're choosing to create their dream homes here. The desire for exclusivity and personalisation has never been stronger, and Dubai continues to offer unmatched opportunities in this space.' Unique Properties: A Trusted Name in Luxury Real Estate Unique Properties has guided wealthy individuals and family offices to make the most of Dubai's exceptional real estate opportunities since 2008. With a stellar history of closing big deals, the company leads the pack in the high-end market. As investor interest in prime properties grows, Unique Properties remains committed to delivering exceptional service and unlocking exclusive investment opportunities. For those interested in buying or investing in Dubai, contact Unique Properties today on UAE FREE PHONE: 800 18881, TEL: (+971) 44 55 8888 or at info@ About Unique Properties Since 2008, Unique Properties has proudly established itself as a leading real estate agency in Dubai, earning multiple prestigious awards and boasting over 17 years of industry experience. The agency's expertise lies in uncovering the finest investment opportunities in the market. As trusted partners of renowned developers such as Emaar, Nakheel, Dubai Holding, Omniyat, H&H Development, Damac, and Majid Al Futtaim, Unique Properties is committed to transforming the real estate sector by crafting sophisticated spaces that set new benchmarks with each step. These partnerships ensure access to the best properties and investment options that Dubai has to offer. In its pursuit of excellence, Unique Properties has recently relocated to a larger, more modern space, reflecting its growth and dedication to providing superior services. The agency specialises in primary and secondary market transactions, with a dominant presence in the ultra-luxury segment. Having set multiple records, including the highest price per square foot for a Jumeirah Bay Island plot, it is now finalizing another landmark deal, further cementing its dominance in Dubai's ultra-luxury market. Offering a comprehensive suite of services, including interior design, property management, PRO and conveyancing, holiday homes, and investment advisory, Unique Properties is committed to excellence, providing clients with tailored real estate solutions and exclusive access to high-value opportunities in Dubai's dynamic property market. Unique Properties continues to redefine the standards of real estate, creating exceptional living and investment opportunities that stand the test of time. The journey to finding the perfect property starts with Unique Properties, where innovation, quality, and client satisfaction are at the heart of everything they do.
