Eric Trump Announces Cryptocurrency Payments for Trump Tower Dubai Homes

Eric Trump has announced that cryptocurrency payments will be accepted for homes at Trump Tower Dubai, a $1 billion project. The tower will feature luxury amenities and is set for completion in five years, with potential buyers speculating about the acceptance of various cryptocurrencies. Dubai’s booming real estate market continues attracting wealth, aided by government initiatives.

Eric Trump, the executive vice president of the Trump Organization, has recently announced that potential buyers will be able to purchase properties in the much-anticipated Trump Tower Dubai using cryptocurrency. This revelation came during an interview with The National while the company was showcasing its new $1 billion project in partnership with real estate firm Dar Global.

The construction site is strategically located at the entrance of Downtown Dubai along Sheikh Zayed Road, and the tower is expected to be completed within five years. In terms of luxury offerings, the building will host a Trump-branded hotel, upscale residences, a private clubhouse, and two extravagant penthouses each priced at a staggering 75 million dirhams—roughly equivalent to $20.4 million in US dollars.

During the interview, Eric described Dubai as “one of the hottest property markets in the world,” underlining the rapid development evident from how many cranes are scattered across the city. He commented on the intense competition to redefine luxury in the region, with everyone striving for and achieving that goal.

He further indicated that Dubai is fast becoming a global focal point for investment, attracting people from all corners of the globe. According to Eric, this development might just set new benchmarks for luxury real estate in terms of price and exclusivity.

While he refrained from naming specific cryptocurrencies that would be accepted, speculation has arisen within certain crypto circles about possible inclusion of the meme-inspired TRUMP coin, which could see a potential price surge if it were to be accepted.

A recent report from Knight Frank highlighted that there were 111 home sales surpassing $10 million during the first quarter of 2025 alone. Furthermore, the number of new millionaires in Dubai reached 7,200 in 2024, bringing the total number of affluent residents in the UAE to approximately 130,500.

Eric attributed much of the real estate surge in Dubai to the government’s efforts, specifically citing initiatives like long-term visas and residency permits for remote workers. Such policies are believed to attract significant investors and global talent to the region.

It’s clear that the combination of crypto payments and luxury real estate is becoming an increasingly enticing prospect in the vibrant landscape of Dubai’s market.