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Prop Tech | Real Estate
Idealist Real Estate Partners with Citi Developers to Enable Crypto Payments for Dubai Properties
Idealist Real Estate has announced a new partnership with Citi Developers and Xerime DMCC to bring secure crypto payment solutions to Dubai’s property market. The collaboration marks a key step in connecting real estate with regulated digital finance.
Xerime DMCC uses its own capital for trading, removing the need for third-party intermediaries or client custody. This approach ensures transparency and clarity in every transaction.
The partnership was revealed during the Blockchain Life Forum and supports the UAE’s digital economy goals. It aligns with Dubai’s growing reputation as a global leader in virtual asset regulation.
According to the UAE Ministry of Economy, digital asset trading volumes in Dubai have already crossed AED 2.5 trillion this year with over 1,000 licensed institutions under VARA. This makes Dubai the world’s largest regulated virtual asset market.
Dubai’s commitment to becoming a global digital hub continues under the Dubai Economic Agenda D33 and the Virtual Assets Regulatory Authority framework. This partnership shows how real estate and blockchain can work together within a secure, regulated system.
“The UAE has set the global standard in real estate,” said Alexey Gorbachev, CEO and Founder of Idealist Real Estate. “We believe in trusted innovation. By working with licensed companies like Xerime DMCC and Citi Developers, we give clients new ways to invest in a strong and transparent economy.”
Citi Developers’ upcoming project, Amra in Umm Al Quwain, will be the first luxury development designed to support instant crypto transactions. The developer has delivered three successful Dubai projects — Arya, Agua, and Allura — and continues to expand its portfolio of wellness-focused communities across the UAE.
This partnership signals a future where property and digital finance operate side by side — simple, secure, and built on trust.