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Crypto Bucks for Penthouse Ducks: Trump Tower Dubai’s Latest Plot Twist!

BBG News

Eric Trump, sporting his shiniest cufflinks as executive vice president of the Trump Organization (and, let’s be honest, President of Smug Grins), has dropped a bombshell—cryptocurrency is now the golden ticket for snapping up swanky pads in the soon-to-rise Trump Tower Dubai. 💸✨

Eric let this slip during a chinwag with The National as they announced their latest money-mountain: a $1 billion spectacle cooked up alongside the real estate troop, Dar Global. Apparently, this isn’t just any tower—it’s like they asked a Bond villain, “How extra can you go?” and he replied, “Hold my caviar.” 🤑

So, where’s this shiny stack going up? None other than the legendary Sheikh Zayed Road, basically the catwalk of Downtown Dubai. And yes, it’ll take five years, so plenty of time for even more cranes to join the flock overhead. Speaking of, there are so many cranes, it looks like an industrial zoo up there.

Expect a Trump-branded hotel, homes flashier than Elton John’s wardrobe, a private clubhouse (no riff-raff), and two penthouses with price tags so massive, they need their own passports: 75 million dirhams a pop! That’s about $20.4 million—give or take a few zeroes, or the family yacht. ⛵️💰

With an eyebrow arch worthy of a cartoon villain, Eric declared, “Dubai is certainly one of the hottest property markets in the world.” Translation: if you can swing a hardhat, there’s probably a tower with your name on it by lunchtime. He added, “Everybody’s trying to redefine luxury… and they’re all succeeding.” So, basically, your gold-plated bathtub just became outdated.

Dubai, Eric insists, is the place to be if you fancy rubbing elbows with the world’s flashiest investors—assuming, of course, your sunglasses can withstand the glare from all those new high-rise penthouses.

He was mysteriously coy about which cryptos would make the cut—Bitcoin, Ethereum, TrumpCoin? Maybe you can pay with Dogecoin and a knowing wink. The crypto world is buzzing with speculation (and probably minting even more coins just in case 🙄).

If you like big numbers, here’s a juicy one for you: According to Knight Frank, Dubai saw 111 homes sell for over $10 million in just the first three months of 2025. Oh, and Dubai rolled out the red carpet for 7,200 fresh millionaires in 2024 alone. The UAE is practically running out of velvet ropes (and commas).

Eric gave a cheeky thumbs-up to Dubai’s government for feeding this real estate behemoth. Things like long-term visas and “residency for remote workers” are basically a Bat-Signal for the world’s most loaded digital nomads. The result? Even more lavish towers, mysterious investors, and, one imagines, an Olympic swimming pool filled with gold coins.

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2025-04-29 21:27

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