![\"Eric](\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/04\/Eric-Trump-Confirms-Crypto-Payments-Will-Be-Accepted-for-Trump-Tower-Dubai.webp\")
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Eric Trump, executive vice president of the Trump Organization made a major announcement about the company\u2019s newly announced Trump Tower Dubai development.<\/p>\n
The luxury development will be strategically located at the entrance of Downtown Dubai on Sheikh Zayed Road. It is scheduled for completion in five years. The project will feature a Trump-branded hotel, residential units, and a clubhouse. Also, two penthouses are priced at Dh75 million ($20.4 million) each.<\/p>\n
In his statement, Eric Trump has confirmed that crypto payments will be accepted for property purchases at the Trump Tower. The statement came during an interview<\/a> with The National as the Trump Organization unveiled its $1 billion development project in partnership with London-listed Dar Global.<\/p>\n However, he hasn\u2019t mentioned which cryptocurrencies would be accepted for the payment. If they disclose plans to accept TRUMP, it could potentially help in pumping its price. CoinGape has also released a price prediction for TRUMP coin<\/a>.<\/p>\n During his interview, Eric Trump characterized Dubai as \u201ccertainly one of the\u201d hottest property markets in the world. He pointed to \u201cthe amount of tower cranes and the kind of luxury projects being built\u201d as evidence of the city\u2019s strong real estate sector.<\/p>\n Trump highlighted the competitive nature of Dubai\u2019s luxury property sector. He stated that \u201ceverybody\u2019s trying to redefine luxury, redefine kind of the highest pinnacle, and they\u2019re all succeeding.\u201d<\/p>\n The executive vice president of the Trump Organization expressed strong confidence in Dubai\u2019s continued growth. He predicted that \u201cDubai\u2019s real estate market is going to continue to absolutely boom and we\u2019re going to set the kind of new standard in terms of price per square foot and luxury in the market.\u201d<\/p>\n Recent data supports Trump\u2019s assessment of Dubai\u2019s property market strength. According to Knight Frank, Dubai registered 111 sales of homes valued at more than $10 million in the first quarter of 2025.<\/p>\n Eric Trump emphasized Dubai\u2019s emergence as a global hub for investment and wealth. He mentioned that the city has \u201cbecome a destination for the entire world.\u201d According to Trump, this status has attracted investment interest from different geographic regions.<\/p>\n This influx of wealth is supported by data cited in the Knight Frank report. It shows that the UAE admitted 7,200 millionaires in 2024, following similar trends of 4,700 in 2023 and 5,200 in 2022. By the end of December, the total number of dollar millionaires in the UAE had reached 130,500. This makes the Emirates as the 14th-largest wealth market globally.<\/p>\n The Trump executive credited government initiatives for boosting Dubai\u2019s property market. This includes residency permits for retired and remote workers, the expansion of the 10-year golden visa program, and overall economic growth resulting from the UAE\u2019s diversification efforts.<\/p>\n This announcement from Eric Trump comes as Donald Trump Jr.\u2019s $500k DC Club Welcomes White House Crypto Czar<\/a> David Sacks.<\/p>\n The post Eric Trump Confirms Crypto Payments Will Be Accepted for Trump Tower Dubai<\/a> appeared first on CoinGape<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Eric Trump, executive vice president of the Trump Organization made a major announcement about the company\u2019s newly announced Trump Tower Dubai development. The luxury development will be strategically located at the entrance of Downtown Dubai on Sheikh Zayed Road. It is scheduled for completion in five years. The project will feature a Trump-branded hotel, residential […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-390735","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/390735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=390735"}],"version-history":[{"count":0,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/390735\/revisions"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=390735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=390735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=390735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Trump calls Dubai a destination for the world<\/h2>\n