Bitcoin-Backed Mortgages: Bridging Bitcoin Wealth with Dubai Real Estate
Our vision is to bridge Bitcoin wealth with Dubai's real estate market, offering Bitcoin investors an innovative path to home ownership. Our Bitcoin-backed mortgage platform will enable Professional Clients, specifically sophisticated investors with USD $1M+ net assets, to purchase UAE properties without liquidating their Bitcoin, addressing a significant financing gap for international buyers.
Traditional UAE financial institutions often reject non-resident borrowers lacking local salaries or established credit histories. We transform this challenge into a strategic advantage: leveraging qualified Bitcoin holdings as collateral to facilitate property loans for Professional Clients, eliminating the need for local income. This innovative model enables investors to retain their BTC assets while strategically diversifying into real estate.
RM
by Robbie Maltby
Market Opportunity: Serving the Underserved
International Buyers
Dubai is a magnet for foreign investors – 43% of Dubai homes are owned by foreign nationals. Yet financing options for non-residents are limited, forcing them into all-cash purchases.
UAE Bitcoin Investors
Professional Clients (local investors) with significant Bitcoin holdings but modest salaries face strict debt-burden ratios, limiting their borrowing capacity despite substantial Bitcoin wealth.
Growing Opportunity
Over 560 million people globally own Bitcoin, including 337 million Bitcoin holders. Dubai is actively attracting this wealth with Bitcoin-friendly regulations. We forecast robust demand from: (a) Professional Clients (foreign Bitcoin millionaires) seeking Dubai luxury property (over 4,600 homes >AED 10M sold in 2024), and (b) Professional Clients (regional Bitcoin holders) keen to convert Bitcoin gains into tangible assets.
Our Value Prop: Hold Your Bitcoin, Own Your Home
Property Ownership
Gain real estate assets without selling Bitcoin
Retain Bitcoin Upside
Keep exposure to potential BTC appreciation
Golden Visa Eligibility
Reach AED 2M threshold for residency
50% LTV
Conservative leverage approach
Our Bitcoin-backed mortgage will offer up to 50% LTV on property purchases. By using Bitcoin collateral, clients avoid liquidating their holdings – no forced sale or capital gains event is triggered, a key concern for long-term BTC investors.
Product Overview: How It Works
Apply Online
Complete KYC and specify property details and BTC collateral amount
2
Secure Collateral
Transfer BTC to ADGM-licensed custodian (no self-custody)
Receive Funding
Loan disbursed in AED or USD for seller
Complete Purchase
Property transfer registered with Dubai Land Department, with CBUAE-licensed bank as security agent
We will provide up to 50% Loan-to-Value financing on property purchases with Bitcoin as collateral. For example, a AED 3.7M (~$1M) property would require roughly 6 BTC at current prices. The property itself serves as secondary collateral via a mortgage lien, creating dual security.
Risk Management: Protecting All Parties
Over-Collateralization
Loans start at 50% LTV initial collateralization, with property as secondary security
Dynamic LTV Monitoring
Real-time tracking of Bitcoin value relative to loan amount
Margin Call Protocol
Triggered only after significant BTC decline (65% LTV threshold)
Third-Party Custody
All collateral held by regulated ADGM-licensed custodians
Our risk framework will mirror industry leaders like Milo, reflecting industry best practices. By setting conservative thresholds and using third-party custody, we will protect both client assets and our loan portfolio.
Competitive Landscape: First-Mover Advantage
We will be first-movers in the UAE market with this model, but it's proven elsewhere. In the US, Milo Credit's Bitcoin mortgage has originated over $65M in loans. We've benchmarked such industry leaders to mirror best practices in loan structure, risk management, and marketing.
Regulatory Framework: ADGM FSRA Authorisation
ADGM Category 2 Authorisation
Pursuing Category 2 (Providing Credit) authorisation, currently in pre-application discussions with ADGM FSRA
Professional Clients Only
Serving clients with USD $1M+ net assets, institutional focus with appropriate risk disclosures
ADGM-Licensed Custody
Bitcoin collateral held by ADGM FSRA-licensed custodian, same regulatory framework for lender and custodian
UAE Banking Partner
CBUAE-licensed bank serves as security agent for Dubai Land Department mortgage registration
Operating within a clear regulatory framework is fundamental to our business. We recognize ADGM as a leading international financial center and will fully comply with its mission, emphasizing a regulatory-first approach to create a safe, innovative Bitcoin ecosystem in Dubai.
Financial Outlook: Scaling by Serving a Niche
Our conservative growth strategy prioritizes risk management over rapid expansion. We'll originate just five Bitcoin-backed mortgages monthly, targeting the high-end market. We are currently in pre-application with ADGM FSRA.
Year 1
AED 300M in new originations
AED 150M loan book
~3M in revenue
Year 3
AED 420M in new originations
AED 750M loan book
~12M in revenue
Break-even achieved
Year 5
AED 540M in new originations
AED 1B+ loan book
~25M in revenue
15-18% ROE on first-loss equity
Even at AED 1B in loans, we'll represent <0.2% of Dubai's real estate transaction value—leaving ample room for disciplined growth.
Pricing assumption: borrower rate ≈ 9–10 % APR (EIBOR + 475–600 bp)
Building for 2026
Stay informed as we build our Bitcoin-backed mortgage platform for Professional Clients.
News & Offers
Market Insights
For Professional Clients (USD $1M+ net assets)
Loading...
Or get in touch directly: robbie@bit.mortgage