UnitedCoin, one of the leading Dubai-based cryptocurrency exchanges, has joined forces with the leading real estate firms in Dubai to transform the way properties are sold and purchased. This partnership is the gateway into a new future where the crypto investor can sell the USDT in Dubai and immediately buy the luxurious property using the AED, only with a secure, fast, and fully compliant experience.
With the trend of cryptocurrencies taking on in the UAE, the collaboration meets a focal point market requirement: establishing tangible investments by using virtual currency such as the USDT. UnitedCoin can now offer high-net-worth entrepreneurs and international investors a secure option to access their crypto assets to transact real estate without the regulatory and logistical barriers that existed yesterday.
The new partnership is timely because crypto has been gaining traction, and figurative assets, such as cryptocurrency, are flying off the shelves as NFTs continue to explode in popularity. USDT, a stablecoin stable against the US dollar, is one of the favorite assets of digital investors. But what has been difficult is turning those assets into real-world investments, like in property, but that is no longer the case.
A spokesperson of the UnitedCoin said, “This partnership represents our duty and commitment to securing the use of crypto in daily high-value transactions.” Clients now have a possibility to sell in USDT in Dubai and buy real estate much quicker than ever.
Using this partnership, the customers will be exposed to end-to-end solutions, involving the exchange of crypto to AED and the purchase of property, all within the UAE financial and legal framework. The procedure will be directed throughout the processing, and all KYC and AML obligations will be met.
“Use of digital assets is no longer just a speculative tool but is now a real instrument of the economy,” said Rohit Bachani, co-founder at Merlin Real Estate. That is why we are delighted to provide the flexibility to our clients to trade in crypto and make the transaction with complete peace of mind.
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The collaborating real estate company has an ultra-luxury market and high-profile clientele. These exotic operations have been experiencing the rising attention of crypto-savvy investors. The property sector is in high demand to make transactions in cryptocurrencies like the USDT, waterfront villas, and branded residences, just to name a few.
These innovations have been made possible by the progressive regulatory environment of Dubai. It appears that the UAE government is very active and stimulating blockchain and digital finance projects, so it is soon becoming the crypto-capital of the world, with the emirate itself.
It is not just a step towards a new reality in the region through real estate but also an indication of the dynamic financial landscape in Dubai. UnitedCoin, together with their partner in real estate, is providing a future-proof model of wealth management by making it easier to sell USDT in Dubai and invest in property.
With crypto becoming increasingly popular among people with high levels of wealth, this partnership sets a new precedent for what can be done once digital currency joins forces with luxury real estate.