UAE (Real Estate) Property Rentals Now Accepts Crypto

971Properties Rental 🇦🇪
2 min readMay 30, 2023

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Property Investment companies in the United Arab Emirates (BinGhatti), have announced that their clients can now pay for services with cryptocurrencies. Clients can pay with Bitcoin, Ethereum, Tether, and other digital assets.

Binghatti ’ Tilt Towards ‘Futuristic Tech Offerings’

UAE-based property investment brand 971properties now accept cryptocurrencies via its e-commerce platform, a report has said. According to the report, the company’s client can now pay with Bitcoin, Ethereum, Tether, and other digital assets.

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Following the announcement, the company’s CEO and co-founder, Muhammad BinGhatti, is quoted in one report explaining why BinGhatti Properties has decided to accept digital currencies. He said:

Accepting cryptocurrency payments is a pioneering step for the hospitality industry in the Middle East. Being first to market with this offering gives us an edge as an early adopter. We are excited to offer this advancement into cryptocurrency and deliver a revolution to our digital-savvy customers.

BinGhatti added that since his company is continuously attempting to offer its customers “the best investment experience” accepting cryptocurrencies marks the beginning of 971properties’ tilt towards “futuristic tech offerings.”

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Meanwhile, a report by Unlock Media said “35% of investors landing on [971Properties’] payment page have clicked on the crypto payment tab.” About 78% of these investors have asked for more information that enables them to complete transactions with crypto payments, the report added.

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