Dubai has introduced a new regulatory framework allowing cryptocurrency to be used in real estate transactions, with early projections suggesting that up to 3% of off-plan property deals in 2025 will involve digital currencies such as Bitcoin and Ether.

The initiative aims to streamline transactions, lower costs, and attract tech-savvy investors, while bolstering the city’s position as a global fintech leader.

Authorities are also offering 1% lower fees for crypto-based transfers compared to traditional payment methods.