“In futuristic cities like Dubai, which thrives on a predominantly young generation, people understand the value and potential of digital assets,” said Gaurav Aidasani, founder and managing director of USH.
Union Square House will debut its NFT digital homes in July. They also want to concentrate on ‘micro-markets such as The Palm Jumeirah, Emirates Hills, District One, Dubai Hills Estates, and others.’ The online mansion can be accessed via Augmented Reality (AR) only.
“We believe digital real estate has already gone mainstream. Lenders are even offering mortgages to support customers in buying virtual properties. All these developments give momentum to digital properties, presenting investors in the metaverse with an opportunity to multiply the value of their virtual assets,” the founder said.
