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Trump Organization Announces $1 Billion Luxury Skyscraper in Dubai

The 80-story tower will feature cryptocurrency payment options and a $20 million penthouse, as Trump expands his Gulf real estate ventures ahead of a diplomatic tour.

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Overview

  • The Trump Organization unveiled plans for an 80-story hotel and residential skyscraper in Dubai, marking its first major project in the city.
  • The $1 billion development will allow buyers to purchase units using cryptocurrencies like Bitcoin, a first for the Trump brand.
  • The tower’s most expensive unit will be a $20 million penthouse, underscoring its ultra-luxury positioning.
  • This announcement comes ahead of President Trump’s May 13–16 visit to Saudi Arabia, Qatar, and the UAE, where investment talks are expected to feature prominently.
  • In Qatar, plans are underway for a Trump-branded golf club with luxury villas, marking the brand’s first real estate project in the emirate.