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New rules for UAE real estate industry for property bought with cryptocurrency

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The Ministry of Economy (MoE) and the Ministry of Justice (MoJ), in partnership with the UAE Financial Intelligence Unit (FIU), have announced the introduction of new reporting requirements aimed at certain real estate transactions.

The UAE is one of the first countries to implement such a mechanism for real estate transactions involving virtual assets, marking the latest example of the UAE’s global fight against money laundering and terrorist financing.

All real estate agents, brokers, and law firms are obliged to file reports to the FIU for purchase and sale transactions of freehold real estate properties in the UAE that include any of the below three methods of payment, whether for a portion or the entirety of the property value:

  1. Single or multiple cash payment(s) equal to or above AED 55,000
  2. Payments that include the use of a virtual assets
  3. Payments where the fund(s) used in the transaction were derived from a virtual asset.

The reporting mechanism requires real estate agents, brokers, and law firms to obtain and record the identification documents of the parties to the applicable transaction, among other relevant documents related to the transaction.

The rules apply to both individuals and corporate entities that are parties to the above real estate transactions.
The relevant private sector entities have been informed about the specific requirements in regulatory circulators issued by the MoE and MoJ.

Additionally, to ensure preparedness, UAE authorities have collaborated to host three separate workshops with real estate agents and brokers, as well as law firms, helping to guide them through the new reporting requirements and enhance their familiarisation with the FIU’s anti-money laundering system. The MoE and MoJ apply a proactive, risk-based supervisory approach in line with UAE legislation and the international standards set by the Financial Action Task Force (FATF).

Cryptocurrency terms in the UAE

According to real estate agency OPR, though you can buy real estate with cryptocurrency, it is impossible to pay with it directly. According to the requirements of the UAE Central Bank, all transactions outside the territory of the state must be carried out using the national currency – the dirham (AED).

In this case, it is necessary to transfer the digital currency to the account of the trading company and then get a cheque for the agreed amount of money. Only then can you pay for the purchase.

How to buy and from whom to buy with your virtual assets

FAM Properties has tied up with Singapore exchange company Huobi to facilitate such transactions while Binance and other cryptoexchanges have set up bases in the UAE.

The most well-known Dubai developers are ready to offer real estate to cryptocurrency holders. Among them are Emaar Properties, DAMAC Properties, Select Group, Dubai Properties, Meraas, Fam Properties and MAG Lifestyle Development. But an important condition is the co-operation with only licensed real estate agencies, brokers and trading companies with an impeccable reputation.

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Emaar Beachfront is one of the properties you can buy with cryptocurrency.

The following projects have been listed as of December 2021 that can be bought with cryptocurrency, although the list has widened much more since:

  • Emaar Beachfront by Emaar Properties, located between the Palm Jumeirah and Mina Seyahi
  • Bulgari Residencies, located on Jumeirah Bay Island, is a complex by Meraas
  • Port De La Mer, also by Meraas, in Jumeirah 1 area
  • Cavalli Tower, a project by Damac Properties, on Dubai Marina

Business

Dubai announces a Dh1 billion boost: Here’s how it could change your job, business, and daily life

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Big changes are coming to Dubai, and they could directly affect your wallet, job opportunities, and even living conditions.

At a key meeting led by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, the Executive Council of Dubai approved a range of major initiatives aimed at supporting residents, businesses, and workers across the emirate.

Boost for businesses and residents

Dubai is rolling out a Dh1 billion support package starting April 2026. The goal? To ease financial pressure.

What does that mean in real life:

  • Businesses can delay paying some government fees
  • Hotels get more time to pay tourism-related charges
  • Companies get longer deadlines for customs payments
  • Residency processes will be made simpler

Dubai’s economy is still growing strong

Dubai’s economy grew by 5.4% in 2025, showing steady progress. Officials have also updated how this growth is measured to give a clearer, more accurate picture of the economy.

Easier trade, especially for high-value goods

A new initiative by Dubai Customs will make it much easier to bring goods—especially expensive items like artwork—into Dubai.

  • No customs duties on certain art imports
  • Fewer restrictions and faster processes
  • High-tech tracking systems

This move is aimed at attracting global investors and collectors.

More support for local families

The new Dubai Empowerment Strategy, led by Community Development Authority, focuses on:

  • Creating job opportunities
  • Supporting small businesses and home ventures
  • Improving financial stability for families

Better living conditions for workers

A new plan will improve worker housing across Dubai:

  • 100% access to essential services by 2033
  • Strict health and safety standards for accommodations


Whether you’re an employee, business owner, or investor, these changes are designed to make life easier, boost opportunities, and keep Dubai’s growth on track.

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Business

UAE fuel prices surge for April: What the rise means for motorists and residents

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Fuel prices in the UAE have jumped sharply for April 2026, leaving drivers to rethink how they commute and manage daily expenses. Here’s a clear breakdown of what’s happening and how it affects you:

How big is the increase?

The latest revision by the UAE Fuel Price Committee marks one of the steepest monthly hikes in recent years:

  • Petrol prices are up 31% to 34%
  • Diesel has surged by over 72%

New rates (from April 1, 2026):

  • Super 98: Dh3.39/litre (up from Dh2.59)
  • Special 95: Dh3.28/litre (up from Dh2.48)
  • E-Plus: Dh3.20/litre (up from Dh2.40)
  • Diesel: Dh4.69/litre (up from Dh2.72)

Why are prices rising?

Fuel prices in the UAE have been deregulated since 2015, meaning they follow global oil markets rather than being fixed. Global oil prices have been rising ever since the war broke out on February 28.

  • Prices are adjusted monthly
  • Based on international crude and refined fuel costs
  • Benchmarks like Murban crude oil play a role

When global oil prices climb, local fuel costs follow.

How will motorists be affected?

Drivers are already preparing to adapt in several ways:

1. Higher daily commuting costs
Filling up a tank will now cost significantly more, especially for frequent drivers.

2. Changes in travel habits
Many motorists may:

  • Cut down on unnecessary trips
  • Combine errands
  • Plan routes more efficiently
  • Opt for EVs

3. Shift to alternatives
Expect a rise in:

  • Public transport use
  • Carpooling or ride-sharing
  • Remote work requests where possible

4. Increased cost of living
Higher diesel prices will push up:

  • Taxi fares
  • Home delivery charges
  • Goods transportation costs
  • Ride-hailing fares

This isn’t just about fuel pumps. The ripple effects will likely be felt across the economy, from groceries to logistics, as businesses pass on increased transport costs to consumers. The April fuel hike is a direct reflection of global oil trends, but for UAE motorists, it means immediate lifestyle adjustments and tighter monthly budgets.

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What Abu Dhabi’s new real estate rules mean for buyers, developers and investors

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Abu Dhabi has introduced a new set of regulations through the Department of Municipalities and Transport (DMT) to strengthen oversight of the property market and protect investor interests. Here’s a simple breakdown of what’s changing and why it matters.

What are these new decisions about?

The rules are part of updates to the emirate’s real estate law and aim to:

  • Improve transparency
  • Protect buyers’ money
  • Reduce disputes
  • Create a more investor-friendly market

They are being implemented with oversight from the Abu Dhabi Real Estate Centre.

Stricter rules for escrow accounts

Developers often use escrow accounts to fund construction.

What’s new?

  • Withdrawals before 20% project completion are now tightly regulated
  • Developers must provide bank guarantees and approved cost plans

Why it matters:
This ensures buyers’ money is not misused and projects stay financially secure.

Clearer rules for jointly owned properties

This applies to buildings, communities, and shared facilities.

What’s new?

  • Defined roles for owners, developers, and property managers
  • Standardised management of common areas

Why it matters:
Better maintenance, fewer disputes, and clearer accountability.

Owners’ committees get a unified framework

Owners’ committees help manage residential communities.

What’s new?

  • Standard bylaws across Abu Dhabi
  • Clear rules on how committees are formed and operate

Why it matters:
More organised community management and stronger owner participation.

Compensation and refunds made clearer

Covers situations where:

  • Buyers default on payments
  • Projects are cancelled and units resold

What’s new?

  • Defined compensation percentages for developers
  • Clear timelines and procedures for buyer refunds

Why it matters:
Creates a fair balance between developers and buyers while speeding up dispute resolution.

These changes aim to:

  • Boost investor confidence
  • Strengthen market transparency
  • Align Abu Dhabi with global real estate standards

In short, the new framework is designed to make the property market safer, clearer, and more efficient for everyone involved, from first-time buyers to large-scale investors.

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