7th Key Development Launches a Regulated Crypto Payment Option for Dubai Property Buyers

The real estate developer 7th Key Development, based in Dubai, has introduced a new cryptocurrency payment solution regulated by authorities, allowing buyers to make property purchases with digital currencies. The project now permits on-chain property transactions via stablecoins such as USDT and USDC, which are part of Dubai’s evolving acceptance of blockchain-based monetary infrastructure in the real estate sector.

The new method works through a payment gateway that has been approved by VARA, which means that the entire regulatory compliance is in place while giving international investors real-time, borderless settlement. The whole procedure of transaction and confirmation is done on the blockchain, which ensures that transparency, traceability, and verification are done immediately, while cutting down on the delays and costs that are usually incurred in the traditional cross-border payment process to a great extent, the company says.

By utilizing stablecoins for payment, the 7th Key Development project aims to facilitate the purchase of properties for international investors looking for faster and more efficient methods of transaction. The licensed payment channels facilitate the movement of funds directly from the purchaser’s digital wallet to the builder’s account with the support of unequaled custody, reconciliations, and clean audit trails.

Commenting on the development, Rose Anwar, Chief Executive Officer of 7th Key Development, said the move reflects changing expectations among modern investors.

“Web3 users expect speed, transparency, and certainty. With regulated crypto infrastructure in place, real estate transactions in Dubai can now operate at the speed of blockchain – verified, settled, and secured in minutes rather than weeks,” she said.

Nuwan Karunanayake, General Manager of 7th Key Development, highlighted the compliance-first approach behind the rollout.

“This solution was built with regulation as its foundation. Each transaction is verified through a licensed partner, safeguarded by institutional custody, and supported by clear audit trails. Blockchain recording enables real-time validation while maintaining strong oversight for regulators, brokers, and buyers,” he said.

Making Property Payments Without Depending On Banks

This project places 7th Key Development as one of the first in Dubai that uses a developer-friendly crypto payment system, which is in line with the emirate’s overall policy of encouraging assets to be tokenized, transactions by blockchain, and regulated digital finance frameworks.

In order to create even more transparency and trust issues with its banking partners and international counterparts, the company keeps a Legal Entity Identifier (LEI: 984500CD8C1C3A884731). This also helps to speed up the process of KYC, KYB, and the due diligence of real-world assets, especially for institutional and cross-border investors.

The integration of a crypto payment system into the company’s customer journey allows customers from anywhere in the world to make property payments without depending on banks. This leads to shorter sales cycles, less operational conflict, and more trust at the closing for brokers and investors.

The main benefits for buyers are the instantaneous settlement with an on-chain proof, the use of USDT and USDC via a gateway licensed by VARA, and the strict compliance of AML, KYC, KYT, and KYB that is backed by institutional storage and reconciliation methods.

Concluding on the broader vision, Anwar said, “Dubai continues to set global benchmarks for digital innovation. Our role is to ensure that this future is accessible – securely, transparently, and instantly.”

For all inquiries and official communications, please reach the team at 7th Key Development at media@7thkeys.com or +971 52 32 77 770.

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