Planning to buy property in Dubai but don’t know how to transfer hryvnias safely and quickly ? Bank transfers can be slow, fees can be steep, and for large amounts, banks require a ton of paperwork. Don’t worry, there are two proven options: an intermediary (hawala) and cryptocurrency .
Option 1: Hawala – the good old way
Hawala is a trust transfer through an intermediary. Everything is simple:
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You give hryvnias to an intermediary in Ukraine.
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His partner in Dubai issues the equivalent in dirhams or dollars.
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Money can be transferred immediately to the developer or received in cash.
Why is this convenient:
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Money moves quickly, often within one day.
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You can transfer large amounts without any problems.
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The rate is usually better than at banks.
Note: Choose only trusted brokers and fix the exchange rate in advance to avoid any unpleasant surprises.
Example: 1.5 million hryvnias were transferred to an intermediary in Kyiv – a few hours later, a developer in Dubai receives the sum in dirhams.
Step 1: Find a trusted broker
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Use proven recommendations or customer reviews.
Step 2: Set the course in advance
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For example, the hryvnia → dirham exchange rate: 1 AED ≈ 10.5 UAH.
Step 3. Transfer 1,500,000 hryvnias to the intermediary
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We receive a receipt or confirmation of the transfer.
Step 4: Receive dirhams in Dubai
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1,500,000 UAH ÷ 10.5 ≈ 142,857 AED.
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Money can be transferred directly to the developer or received in cash to pay for the property.
Pros: fast, large amounts, favorable rates.
Cons: requires a trusted intermediary.
Option 2: Cryptocurrency is a modern online method
If you’re comfortable with crypto, transferring via USDT or USDC is a quick and convenient option:
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Exchange hryvnias for stable cryptocurrency through a reliable exchanger or exchange.
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We send crypto to a wallet or platform in Dubai.
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We exchange it for dirhams and transfer it to the developer’s account or withdraw cash.
Pros:
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Online, without trips to banks and exchange offices.
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Very fast – money arrives within hours.
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You can control the rate and fees.
Cons: Requires experience with cryptocurrency, and the exchange rate may fluctuate slightly.
Step 1: Prepare a crypto wallet
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On a platform that supports USDT or USDC.
Step 2: Exchange hryvnia for crypto
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1,500,000 UAH → purchase of USDT at the rate of 1 USDT ≈ 36 UAH → we get ≈ 41,667 USDT.
Step 3: Transfer crypto to a wallet/exchange in Dubai
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We send 41,667 USDT to a platform that allows withdrawals in dirhams.
Step 4: Convert crypto to dirhams and transfer to the developer
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For example, the rate is 1 AED ≈ 0.27 USDT → 41.667 USDT ÷ 0.27 ≈ 154.322 AED.
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The money is credited to the developer’s account or issued in cash.
Safety tips
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Use only trusted exchanges and intermediaries.
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Fix the amount and rate in advance.
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For large amounts, draw up a receipt or agreement.
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Do not transfer crypto to dubious wallets or websites.
So, want to transfer money to buy an apartment in Dubai without any hassle? Hawala is suitable for large sums with direct deposit, while crypto is ideal for online transfers and complete freedom.
