Sterling opportunity: UAE investors cherry-pick in the UK
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The British pound has resumed its slide against the UAE dirham of late, making the UK market more attractive for investments for UAE investors, especially for expats from the United Kingdom residing in the UAE.
The real estate investment activity in the UAE from UK investors has reduced compared to previous years in terms of total value, primarily due to the devaluation of the British pound since Brexit. Moreover, the UK market has also become more attractive for investment specifically for expats from the United Kingdom residing in the UAE, said Ryan Fansa, director - head of real estate, Al Masah Capital.
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Source : Sterling opportunity: UAE investors cherry-pick in the UK