In the last six weeks, the pound has fallen more than 5% against the dirham.
For someone buying property in Dubai, that shift can quietly rewrite their entire budget.
Imagine transferring £500,000 for an off-plan payment.
Six weeks ago, that was worth over 2.52 million AED.
Today, it’s closer to 2.39 million AED.
Same property. Same money. But suddenly you need an extra 90,000 AED to cover the same stage payment.
That’s not the developer’s fault, the agent’s, or the lawyer’s.
That’s the market at work.
📈 GBP/AED Chart
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