Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»Dubai: Dirham drop helps British, European, Indian property investors save millions
    Property

    Dubai: Dirham drop helps British, European, Indian property investors save millions

    June 10, 20253 Mins Read


    Dubai’s booming real estate market has become even more attractive to foreign investors, as the UAE dirham has weakened against major international currencies such as the British pound, euro, and Indian rupee.

    This currency shift has significantly reduced property acquisition costs for buyers from the UK, Europe, and India — potentially saving them millions of dirhams compared to earlier this year.

    According to John Lyons, managing director at Espace Real Estate, the depreciation of the US dollar, to which the UAE dirham is pegged, has played a key role in making Dubai real estate more affordable for international buyers.

    “In simple terms, for many international investors — especially from Europe and the UK — Dubai property has just become significantly more affordable,” Lyons explained.

    “We recently listed a Dh59-million villa in Palm Jumeirah. Back in January, a British buyer would have needed just over £13.2 million to purchase it. Today, that same villa would cost around £12 million — a saving of more than £1.18 million (Dh5.86 million) purely due to exchange rate differences, without any reduction in the asking price.”

    Stronger currencies drive investment

    Since January 2025, the British pound has strengthened from 4.47 to nearly 5 against the dirham, while the euro has risen from 3.76 to 4.22. This appreciation means investors can get more dirhams for their home currency, increasing their purchasing power in the Dubai market.

    “The euro has appreciated nearly 10 per cent against the dirham since the start of the year. A Dh1-million property that would have cost around €265,800 in January now costs approximately €239,200 — saving the buyer €26,600 (about Dh111,500) without any change in the local price. British investors have also benefited, though the pound’s movement has been more modest,” said Farooq Syed, CEO of Springfield Properties.

    Syed noted that the strengthened foreign currencies are fuelling renewed buying momentum in Dubai, particularly in the prime and upper mid-market segments, where transaction volumes have recently surged.

    Selling in UK to buy in Dubai

    The favourable currency environment is even prompting some UK residents to sell their properties back home to invest in Dubai instead.

    “There’s a clear uptick in cross-border activity from regions where currency appreciation has enhanced purchasing power — particularly from the UK, eurozone, India, and Pakistan,” Syed said. “Interest from Russian buyers also remains consistent. These investors are focusing on well-connected communities, branded residences, and ready-to-move-in units.”

    Lyons added that his firm has seen a rise in UK buyers since January, with a shift in behaviour.

    “We’re seeing more clients who initially planned to buy in Dubai while continuing to lease their homes in the UK now deciding to sell their UK properties outright,” he said. “This shift is driven by two key factors: an improved UK property market and the fact that British buyers now get nearly nine per cent more value when purchasing in Dubai due to the stronger pound.

    “Real estate markets don’t adjust overnight, but the currency gap is real. Historically, property prices tend to catch up. Since January 2025, the US dollar – and by extension, the dirham – has dropped by just under nine per cent against both the euro and the pound. That might sound abstract, but the impact on buyer behavior is very real,” he added.

    Waheed Abbas

    Waheed Abbas

    Waheed Abbas is Assistant Editor, covering real estate, aviation and other business stories that dir…More



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Making money from property “is for the birds” says top wealth manager

    Property

    Marseilia Real Estate Investment : Bénéfice net individuel de 11,3 millions EGP au premier trimestre

    Property

    Grade II-listed property dating from 1717 for sale in Bury

    Property

    UK’s most expensive seaside town with million-pound mansions and white sand beach

    Property

    Dorset high street property up for auction

    Property

    Met Office says UK could see third heatwave in the space of a month | News UK

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Embezzled sukuk millions converted into digital currency, MACC says

    Investments

    Patria Investments : hausse du bénéfice distribuable et du chiffre d’affaires

    Commodities

    County Agriculture Blooming Again in New Crop Report | News

    Editors Picks

    Fintech Live 2024: Day 1 recap – Innovation in payments, embedded finance, and AI

    October 22, 2024

    Is Enghouse Systems Stock a Buy for Its 4.5% Dividend Yield?

    March 11, 2025

    New York’s financial regulator seeks digital currency, AI expert for policy unit

    August 20, 2024

    The Pioneer Behind the Success of Blockchain.com

    August 11, 2024
    What's Hot

    L’unité du groupe Intuitive Investments conclut un accord avec des magasins de loterie en Chine -Le 20 janvier 2025 à 12:00

    January 20, 2025

    HashFlare Operators Plead Guilty in $577M Cryptocurrency Mining Fraud

    February 14, 2025

    Cannabis Entrepreneur Loses Claims Over Seized Property

    August 20, 2024
    Our Picks

    Latin American Stocks Drop As Commodity Prices Weaken

    August 21, 2024

    ARK Fintech Innovation ETF (NYSEARCA:ARKF) Shares Acquired by Cetera Investment Advisers

    August 10, 2024

    Le Sénégal engagé dans un bras de fer avec le pétrolier Woodside Energy

    June 9, 2025
    Weekly Top

    No golden visa for digital currency investors in UAE, authorities clarify

    July 6, 2025

    Le Mexique champion de la Gold Cup

    July 6, 2025

    XAU/USD attracts some sellers to below $3,350 amid tariff uncertainty

    July 6, 2025
    Editor's Pick

    Federal Grant Seeks to Help the Poor Capture Solar Energy

    August 10, 2024

    GCA Partners with IFAD to Strengthen Climate-Resilient Agriculture in Côte d’Ivoire

    October 25, 2024

    Researchers find traces of toxic metals in tampons

    July 14, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.