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Photos from Preference Properties's post 17/02/2025

πŸ’° Paying with cryptocurrency in the UAE: it’s already happening! πŸš€

Imagine paying for your morning coffee, filling up your car with petrol, or dining at a restaurantβ€”all with cryptocurrency. πŸͺ™ This is quickly becoming a reality in the UAE, where digital assets are gaining popularity among businesses and wealthy individuals.

πŸ“ˆ According to Mohammed Al Hakim, president of Crypto.com, in the next two years, cryptocurrency will become the preferred payment method for many business owners and restaurant operators. β€œWhen a customer wants to pay with crypto and a business is willing to accept it, it’s a win-win situation,” he said.

πŸ† The UAE is already integrating crypto into key industries!
At the start of 2025, the UAE introduced cryptocurrency payment systems in real estate, hospitality, tourism, telecommunications, entertainment, retail, and e-commerce. πŸ¨πŸ“‘πŸŽŸοΈ This will help the UAE become the global leader in the cryptocurrency space in 2025, which is expected to be a defining year for the industry.

πŸ“Š Why is the UAE leading in crypto adoption?
βœ… Progressive laws – the country is actively developing its digital economy
βœ… Growing user base – the number of crypto users is expected to double in the next 5 years
βœ… Security – strong regulation makes the UAE one of the safest countries for holding digital assets

In just two years, cryptocurrency adoption in the UAE has increased by 360%! πŸ’₯ Experts believe that a fully cashless economy is no longer a distant future.

❓ Are you ready to pay with crypto for everyday purchases? πŸ’‘ Share your thoughts in the comments!

13/02/2025

πŸš‡ Dubai Loop: Elon Musk and Dubai launch an underground transport revolution

At the World Government Summit 2025, the UAE and Elon Musk announced a joint project β€” Dubai Loop, a high-speed underground transport system connecting the city’s key districts.

πŸ“Œ What is Dubai Loop?
πŸ”Ή A new partnership between Musk and the UAE that will allow fast and seamless travel across Dubai.
πŸ”Ή β€œIt will be like a wormhole,” Musk explained, meaning passengers will instantly move from one part of the city to another.
πŸ”Ή The system will rely on underground tunnels β€” a safe, fast, and cost-effective solution to traffic congestion.

πŸ“Œ Why does Dubai need it?
βœ… Musk pointed out that flying taxis and helicopters are not ideal: they are noisy, create strong air currents, and depend on weather conditions.
βœ… Underground transport eliminates these issues β€” it’s silent, weather-proof, and efficient for mass transit.
βœ… The Boring Company has already developed similar tunnel projects in Los Angeles and Las Vegas and is now bringing this innovation to Dubai.

πŸ“Œ When will it launch?
UAE Minister of AI Omar Al Olama did not disclose an exact timeline but thanked Musk for the collaboration and said he would be among the first passengers on Dubai Loop.

🌍 Dubai continues to cement its status as a city of the future. Would you like to experience fast, traffic-free underground travel?

Photos from Preference Properties's post 28/01/2025

🌟 Wow! Even kids in Dubai are becoming entrepreneurs! 🌟

As part of an initiative unveiled today at the Dubai Youth Forum 2025, young Emiratis are being offered unique opportunities for growth. Ten new programs, developed by various organizations, are aimed at teaching children and teenagers aged 11 to 18 entrepreneurial and technological skills.

One of the programs equips young entrepreneurs with the knowledge and skills needed to successfully launch and manage their own businesses. Another initiative encourages youth participation in workshops focused on space missions and exploration.

These initiatives are part of Dubai’s ongoing efforts to ensure its youth are well-prepared to contribute to the community and possess the necessary skills to thrive in various fields.

Dubai is confidently paving the way for a future where startups and innovations become part of life from an early age. Would you support your child in starting a business? πŸ‘Άβž‘οΈπŸ‘”

Photos from Preference Properties's post 22/01/2025

🎨 Quoz Arts Fest 2025: A Celebration of Art and Culture in Dubai! 🎢

πŸ“… This weekend, January 25-26, 2025, the 12th annual Quoz Arts Fest will take place at Alserkal Avenue. πŸ“… Dive into a rich program that includes: 🎭

Installation β€œForest Dancer and the Path to Pure Creation” by the Australian group ENESS at Concrete. Immerse yourself in a world of light, sound, and movement, feeling the flow of creative energy. 🌟

Photographic work β€œA Corridor of Books” by Emirati artist Lamya Gargash. Explore identity through the lens of a personal library of a renowned UAE art collector. πŸ“Έ

Performances by Syrian rapper and poet Omar Offendum and Tunisian singer Emel Mathlouthi, known for her powerful voice blending traditional Arabic music with contemporary motifs. 🎀

The festival also features exhibitions, live performances, workshops, discussions, creative pop-ups, and a special children’s program. 🌟 The event will be held at Alserkal Avenue and will extend to the wider Quoz Creative Zone, showcasing the best of regional and international art. πŸ–ΌοΈ

Don’t miss this unique event!

19/01/2025

πŸ’Έ Salik has announced new road toll rates in Dubai!

Starting January 31, a dynamic pricing system will come into effect:

πŸš— Weekdays:
β€’ From 6:00 AM to 10:00 AM and from 4:00 PM to 8:00 PM β€” 6 AED
β€’ During off-peak hours β€” 4 AED

πŸŒ™ Night hours:
β€’ From 1:00 AM to 6:00 AM, tolls will be free!

πŸ—“ Sundays and public holidays:
β€’ The toll fee will be 4 AED, with public holidays excluded from the charges.

✨ Salik rates during Ramadan:
β€’ Peak hours: 6 AED from 9:00 AM to 5:00 PM on weekdays.
β€’ Off-peak hours: 4 AED from 7:00 AM to 9:00 AM and from 5:00 PM to 2:00 AM the next day on weekdays.
β€’ Free toll: from 2:00 PM to 7:00 AM from Monday to Saturday.

On Sundays (except for public holidays and major events):
β€’ From 7:00 AM to 2:00 AM β€” 4 AED.
β€’ From 2:00 PM to 7:00 AM β€” free.

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