Oil and Gas

50 luxury flats in Dubai have been sold for their equivalent in Bitcoin

Two entrepreneurs from the UK have sold 50 luxury apartments in Dubai that they originally promised to put on offer for Bitcoin last September.

According to Business Insider, the apartments were part of the $325 mln luxury development Aston Plaza and Residences and was launched in Dubai in September 2017. It is set to be completed by 2020.

“Prices range from studio apartments for $130,000 — currently about 15 bitcoins — to two-bedroom apartments priced at $380,000, or about 45 bitcoins,” the news site reported.

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