RAK Properties, Ras Al Khaimah’s publicly listed real estate developer, has announced a strategic partnership with Hubpay, the UAE’s ADGM-regulated fintech. The collaboration allows international clients to purchase property using digital assets.

Clients can now pay using major digital currencies such as USDT, BTC, and ETH. Hubpay’s regulated platform ensures payments are instantly converted to UAE dirhams and settled directly into RAK Properties’ account.

The move expands the investment appeal of the Mina community. By offering digital asset payment options, RAK Properties aims to attract tech-savvy global investors and strengthen its position as an innovative leader in the real estate market.

Rahul Jogani, Chief Financial Officer at RAK Properties, revealed that the partnership supports the company’s strategy of innovation and accessibility. Kevin Kilty, CEO of Hubpay, added that the platform provides a secure and seamless solution for high-value transactions.

All payments will be processed through Hubpay and its VARA-licensed partners, ensuring compliance and transparency. This initiative also aligns with Ras Al Khaimah’s Vision 2030 strategy and marks RAK Properties’ 20th anniversary.

Construction in Mina is progressing rapidly, with more than 800 units scheduled for delivery before the year-end, reflecting growing investor interest from the UAE and abroad.

Key points:

• RAK Properties now accepts digital assets for property purchases.
• Hubpay ensures secure and compliant cryptocurrency payments.
• Mina community attracts international tech-savvy investors.

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