Klickl partners with IMKAN Properties to drive cryptocurrency payments in UAE real estate
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Klickl partners with IMKAN Properties to drive cryptocurrency payments in UAE real estate
The collaboration further strengthens the UAE's position as a global hub for cryptocurrency adoption.
Navigating Web3 tides with focused insightsKlickl, a UAE-based Web3 fintech platform, has announced a partnership with global leading real estate developer IMKAN Properties to advance real estate transactions via cryptocurrency. This collaboration will revolutionize property transactions by introducing innovative financial models, offering regional and international buyers a new home-buying experience.
The partnership reflects growing demand for alternative payment solutions in high-value industries, particularly among international investors seeking secure, efficient, and flexible options. By seamlessly integrating Klickl’s advanced crypto payment system, IMKAN enables its clients to invest more easily in premium UAE real estate.
The adoption of cryptocurrency payments by one of the UAE’s major real estate developers further strengthens the country’s position as a global hub for crypto usage and highlights the sector’s growth trajectory. In recent years, Dubai and Abu Dhabi have made significant efforts to promote regulatory frameworks and attract businesses, talent, and investment related to digital assets.
"Partnering with IMKAN aligns with our mission to extend the benefits of Web3 technology into everyday commercial transactions," said Michael Zhao, CEO of Klickl. "From cross-border remittances to real estate investment, cryptocurrencies offer unmatched convenience, transparency, and efficiency. By enabling IMKAN’s customers to accept crypto payments and convert them into fiat, we are creating a model that other real estate firms can adopt to attract a new generation of buyers."
Cryptocurrency Transactions—IMKAN Properties’ First Initiative
This partnership will allow IMKAN to offer clients the option to convert cryptocurrencies such as Bitcoin, Ethereum, and stablecoins like USDT into funds for real estate investments. These options will provide greater flexibility for domestic and international buyers, avoiding the complexities and delays commonly associated with cross-border bank transfers.
A key driver behind this initiative is the increasing presence of international investors in the UAE real estate market. Using cryptocurrency conversions will streamline transactions for overseas buyers, especially those from emerging markets or regions with underdeveloped banking infrastructure.
"Cryptocurrency is not just a payment method—it's a financial tool that enables us to operate more efficiently across borders," explained Michael Zhao. "Our collaboration with IMKAN aims to deliver this technology to its clients in a way that enhances liquidity and supports business continuity, providing the financial stability real estate developers need to grow."
The Klickl platform will integrate seamlessly with IMKAN’s existing sales and payment systems. Buyers will experience a simple and direct process where cryptocurrency payments can be made through a secure platform, with all necessary regulatory checks completed automatically.
Compliance and Security First
Given the increasing regulatory scrutiny around digital assets, Klickl will ensure all transactions comply with relevant UAE regulations. From customer identity verification (KYC) to anti-money laundering (AML) compliance, the Klickl platform incorporates state-of-the-art security features to protect both IMKAN and its clients.
"We are committed to maintaining the highest levels of security and compliance," emphasized Michael Zhao. "Every transaction will undergo rigorous checks to ensure adherence to regulatory standards, so our partners and customers can transact with confidence."
Building the Future of Real Estate Through Digital Finance
The collaboration between Klickl and IMKAN marks a significant step toward positioning the UAE as a global center for digital finance. As part of this initiative, both companies will establish a dedicated task force to oversee the rollout of cryptocurrency for real estate payments. This team will focus on optimizing the customer experience and gathering feedback to continuously improve the service over time.
The long-term vision includes expanding the use of digital financial tools across all IMKAN projects, from luxury residential developments to large-scale commercial properties.
"The UAE is rapidly emerging as a major cryptocurrency hub, thanks to its welcoming regulatory environment and proactive support for the digital asset industry. As one of the UAE’s leading real estate developers, IMKAN takes pride in playing a decisive role in advancing real estate investment through cryptocurrency adoption. Partnering with Klickl, we ensure the UAE remains a leader—not a follower—in the widespread adoption of crypto," said Engineer Suwaidan Al Dhaheri, CEO of IMKAN Properties.
A Forward-Looking Step Toward Industry Transformation
As one of the region’s first major real estate firms to integrate cryptocurrency with payments, IMKAN is setting an example for others. The partnership comes at a time when the UAE is solidifying its reputation as a global leader in financial innovation, supported by forward-thinking regulation and a favorable business environment.
"This collaboration demonstrates how blockchain and digital assets can bring real value to traditional industries," said Michael Zhao. "It’s not just about following trends—it’s about leveraging these technologies to solve real-world challenges and unlock new opportunities. We see this model not only reshaping real estate but also driving transformation across other sectors where high-value transactions are common."
About Klickl
Headquartered in the UAE, Klickl is a leading Web3 open finance platform in the Middle East and Africa (MEA) region. It offers a comprehensive suite of products and services including online digital banking, digital payments, cryptocurrency trading, SaaS technology solutions, and custody services to help users seamlessly enter the Web3 world. Backed by the UAE government and officially licensed by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority, Klickl is committed to building a global stablecoin ecosystem that bridges digital and traditional finance. For more information, visit www.klickl.com
About IMKAN Properties
IMKAN is a globally recognized real estate developer headquartered in Abu Dhabi, known for its 26 projects spanning five countries across two continents. As a wholly owned subsidiary of Abu Dhabi Capital Group, IMKAN prioritizes creating soulful places that enrich lives. This philosophy is driven by a unique research platform that enables IMKAN to understand the needs and aspirations of its diverse clientele—from millennials to discerning high-net-worth individuals.
Among its most prominent projects is IMKAN’s master-planned AlJurf community, located between Abu Dhabi and Dubai, featuring a 3.8 million square meter mixed-use development along a 1.6-kilometer coastline and a 9-kilometer canal frontage. AlJurf will become a global destination for health and wellness, with SHA Emirates Residences expected to open in 2026, joining the award-winning flagship SHA Wellness Clinic in Spain as the third international SHA resort. Other notable developments include Makers District on Al Reem Island in Abu Dhabi—a 18.6-hectare waterfront mixed-use project featuring the Pixel residential towers; Nudra on Saadiyat Island, a distinctive waterfront community; and Sheikha Fatima Park in Abu Dhabi, the city’s first urban park.
With offices in Egypt and Morocco, IMKAN’s global portfolio includes the 500-hectare Alburouj development in Egypt. In Morocco, key projects include Le Carrousel Residences and the country’s first open-air shopping mall.
For more information, visit www.imkan.ae
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