DAMAC Properties, a major UAE developer, was one of the first to adopt novel payments in cryptocurrencies. According to Ali Sajwani, General Manager of Operations, the developer is striving to keep pace with modern advances and actively use innovations beyond construction. The company aims to provide luxurious homes to its clients and create a unique user experience. The management team fully understands how valuable new technologies are to customers and realizes the importance of developing a new system of transactions.
Accepting cryptocurrencies will increase the flow of potential investors and make the buying process more convenient for stakeholders. The crypto industry is booming in Dubai, as evidenced by the fact that several major crypto exchanges moved to this emirate. DAMAC Properties is happy to accept payments in the most popular cryptocurrencies – Bitcoin and Ethereum. The developer can also convert them into fiat currencies, making the payment process as convenient for its clients as possible.
