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The Trump Group’s $1 billion Dubai tower will settle for crypto funds for property purchases when it’s accomplished in about 5 years.
This newest enterprise into digital property by the Trump-backed agency can be led by the US President’s son, Eric Trump, based on an April 29 report from The Nationwide.
Trump Excited To Merge Two Of His Passions With New Enterprise
Talking to The Nationwide, Trump mentioned Dubai has change into one of many hottest property markets on this planet.
The @trump staff, in collaboration with @dar_global proudly introduce — Trump Worldwide Resort & Tower, Dubai.
Rising 80 tales above Sheikh Zayed Street, this landmark blends world-class hospitality, ultra-luxury residences, and The Trump, an unique members-only membership.… pic.twitter.com/9xUMirvZ72
— The Trump Group (@Trump) April 29, 2025
“So many individuals need to make investments right here, from everywhere in the world, throughout Europe, the Asian continent, throughout Africa. Dubai has actually change into the epicentre,” he added.
Trump went on to say that he’s wanting ahead to the billion-dollar enterprise, as a result of he will get to mix the property and crypto sectors.
“Once I can see two worlds that I actually love come collectively, it’s very thrilling,” he mentioned.
Trump Group Wanting To Redefine Luxurious In UAE Property Market
The $1 billion Dubai improvement venture will embody two penthouses and different condos. The penthouses will include an asking value of $20 million, whereas the condos can be priced between $1 million and $1.2 million.
Within the interview, Trump predicted the UAE property market will “proceed to utterly increase.” To capitalize on this prediction, the US President’s son goals to set a “new normal when it comes to value per sq. foot and luxurious” within the UAE market.
The Trump Group already has a footprint within the Dubai property market by means of its partnership with Damac for 2 golf developments.
It has additionally joined forces with Dar World to develop a resort that can embody villas, a resort, and a golf course, and it’s engaged on a $533 million residential improvement in Jeddah, which was unveiled in December.
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