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How easy is it to buy property in Dubai using crypto in 2025?

bwy

New member
Dec 7, 2020
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I keep hearing that cashing out crypto directly into a UAE bank account is difficult, but that using crypto to buy property is much easier.

For those who’ve done it:
  • How straightforward was the process?
  • What kind of Source of Funds (SoF) were you asked for during the purchase?
  • Did you buy directly in crypto, or go through an OTC desk and provide a manager’s cheque?
  • If you used OTC, any desks you’d recommend?
 
Yea it is quite straightforward. Bought both Ready-to-move-in and also Off-plan appartment. Off-plan one was even paid directly to developer no OTC is needed there. And no SoF documents required.

Drop DM if interested will connect you with them.
 
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What do you do with this property later? Are they regular apartments or something luxury? In regular residential buildings? Do you rent them out through real estate agencies, how easy is it, and how much dividend income can you get per year on long-term rent, how reliable is it? Do you need a bank account to receive income from rent later, is it easy to open and get a card?