Emaar customers will be able to redeem the EMR tokens in Emaar’s real estate, hotels, and malls, and can be traded with other users.
During the launch of the café, Emaar exchanged MoUs with various government entities including (DLD), Dubai International Financial Centre (DIFC).
The property will bring a plethora of dining options and bars, as well as leisure facilities including a spa and a fitness center.
For investors, the innovative technological infrastructure offers the opportunity to fill the market gap for short-term rentals and helps them capitalise on an emerging business model.
‘Mina Rashid’ will have several features, including ‘The Dubai Mall by the Sea’, a retail, dining and leisure mix and Dubai’s longest swimming pool.