Trump Organization Announces $1 billion Tower in Dubai Will Accept Cryptocurrency Payments

The Trump Organization's upcoming $1 billion tower in Dubai will accept cryptocurrency payments for its luxury residential units, marking another step in the Trump family's growing involvement with digital assets.

The ambitious project, developed in partnership with Dubai-based Dar Global, will feature branded hotel accommodations, luxury residences, a private members-only clubhouse called The Trump Private, and what is being touted as the world's highest outdoor swimming pool.

Eric Trump, Executive Vice President of the Trump Organization and son of President Donald Trump, confirmed the crypto payment option in recent interviews.

"This is going to be the first large-scale project that takes Bitcoin to buy units," he stated. "That's exciting because I love that world and believe in cryptocurrency."

The luxury condominiums will be priced between $1 million and $1.3 million for three- and four-bedroom units. At the premium end, two penthouses are expected to fetch approximately $20.4 million each.

Dubai, known both as a luxury real estate hub and an emerging center for cryptocurrency, provides an ideal setting for this venture. The city has been attracting blockchain companies, investors, and tech leaders from around the world in recent years.

"This is a destination for the entire world and a safe haven for so many people," Eric Trump told The National, noting the city's appeal to investors from Europe, Asia, and Africa.

The Trump Organization previously partnered with Damac Properties on two golf developments in Dubai. This latest project expands their presence in the Gulf region's lucrative real estate market.

The announcement marks the latest in the Trump family's expanding involvement in cryptocurrency. What began with the launch of Trump-branded NFTs has evolved into a diverse portfolio of digital asset ventures.

President Trump himself holds a stake in World Liberty Financial, a crypto platform. His social media network, Truth Social, is also considering launching a crypto token and wallet around its Truth+ streaming video service.

Eric Trump has taken on an advisory role with Japan-based firm Metaplanet, which praised his "business acumen, appreciation for the Bitcoin community, and global hospitality experience." He is also scheduled to appear at TOKEN2049, one of the largest cryptocurrency conferences in Dubai.

Some Trump crypto offerings provide high-tier investors with access to exclusive events, including dinners with President Donald Trump himself.

While the Dubai tower will accept cryptocurrency for condo purchases, there are currently no plans for tokenized real estate or blockchain ownership tracking. The specific list of accepted cryptocurrencies has not yet been released.

Construction on Trump Tower Dubai is expected to begin in late 2025, with completion anticipated around 2030. The 80-story structure will stand as one of the most ambitious Trump-branded residential towers globally.

Ziad El Chaar, CEO of Dar Global, highlighted the project's significance, stating it reflects "the project's magnitude, stature, and symbolic importance in the region and worldwide." The development is expected to have a gross development value of $1 billion.

Dar Global, the international arm of Saudi Arabia's Dar Al Arkan Real Estate Development Company, has already unveiled several projects in partnership with the Trump Organization. These include plans for Trump towers in Saudi Arabia's capital Riyadh and major hub Jeddah, as well as real estate projects in Oman and Abu Dhabi.

The Trump Organization and developer Qatari Diar are also expected to announce an agreement to develop a Trump International Golf Course and Trump Villas in Qatar.

Eric Trump has stated he maintains "total separation" from politics and will not be part of a business delegation traveling with President Trump during an upcoming visit to the Gulf region.

"I want nothing to do with politics or policy," he said, adding that his father "loves the region" and "has a lot of friends over here."

The exact location of Trump Tower Dubai has not yet been revealed, but it is expected to be in a major part of the rapidly growing city. More details about the site, architecture, and interior design are expected to be released by the end of 2025.