Trump’s $1 Billion Dubai Tower to Accept Bitcoin for Luxury Condos
The Trump Organization has announced plans to accept cryptocurrency—specifically Bitcoin—for real estate purchases at its upcoming $1 billion development in Dubai, marking a notable step toward integrating digital assets into the luxury property market.
The Trump International Hotel and Tower, a joint venture with London-listed developer Dar Global, will include a hotel and a range of high-end residential units. However, crypto payments will be accepted only for the purchase of condominiums, not for temporary stays or hotel services. Units are expected to range in price from $1 million to $20 million, including two penthouses at the top end of the market.
Set to be completed over the next five years, the project is still in its early stages. Despite this, it’s already making headlines—not just for its scale and location, but for its embrace of Bitcoin as a form of payment. Other cryptocurrencies were not specified, and there are currently no plans to tokenize the properties or use blockchain for ownership tracking. For now, crypto will serve strictly as a payment method.
Eric Trump, executive vice president of the Trump Organization and a vocal advocate of digital assets, is leading the project on behalf of the family. Speaking to The National, he said,
“This is going to be the first truly large-scale project that accepts Bitcoin, that accepts cryptocurrency to purchase units… When I can see two worlds that I truly love come together, it’s very exciting.”
Eric Trump’s interest in the crypto space goes beyond this venture. He is involved with Web3 and finance firm WLFI and serves on the advisory board of Metaplanet, further emphasizing his commitment to the sector. He is also expected to speak at Token2049 in Dubai, one of the leading blockchain events in the region—an opportunity to further spotlight the project to global investors and crypto enthusiasts.
Dubai itself has emerged as a global hub for both luxury real estate and digital innovation. The city’s booming property market and progressive stance on cryptocurrencies make it a natural fit for a venture of this kind. While details about the Tower remain limited due to its early development phase, the project could set a precedent for integrating crypto into traditional high-value asset classes.