Dubai looks to capitalise on weak dirham to lure British home buyers

By Luke Tyson, Hadeel Al Sayegh and Iain Withers

DUBAI/LONDON (Reuters) – Emirati real-estate developers are looking to lure British investors to the United Arab Emirates where a weaker dirham, pegged to the U.S. dollar and battered by Donald Trump’s tariffs, has made property significantly cheaper for buyers with pounds.

Their push to target British investors locally with new London offices comes as UAE developers contend with a domestic market that has been one of the best-performing…

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News Source: www.al-monitor.com

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