The Trump Organization will be collaborating with Dubai-based Dar Global to bring the iconic Trump International Hotel & Tower to Dubai. In the presence of Eric Trump, Executive VP, Trump Organization, the group announced the launch of the landmark project.
The 80-storey building will see a blend of ultra luxury residences and world-class hospitality and also house an exclusive members-only club ‘The Trump’. The new tower is set along Sheikh Zayed road at the entrance of Downtown Dubai promising exclusive views of the Burj Khalifa and the sea.
There will be 400 units for sale and one can choose from a two or four bedroom set up that will span across 1100 sq ft to 7000 sq ft. Prices for the apartments start at 4 million AED, while the whole project is being valued at $1 billion. The two penthouses in the tower could fetch a whopping $20.4 million each as reported by multiple publications. They will also have private pools that are inspired by NYC’s legendary Trump Tower on Fifth Avenue according to an X post by the Trump Organization.
Even though the project is set to be completed by Q4 of 2031, the group has said that it will begin accepting cryptocurrency payments for the property sales. In an interview with Reuters, Eric Trump said, “Dubai, like the entire world, thrives on a healthy, safe world, and that’s what President Trump wants”.
The Trump family isn’t new to the world of cryptos, there are meme coins based on Trump and his wife Melania. Eric Trump also holds a stake in World Liberty Financial, a crypto platform.