For British buyers, the impact is substantial. A AED 5 million property that cost £1,098,901 in January 2025 now costs just £994,036—a saving of nearly £105,000, or 9.45%. Similar gains apply to buyers from the EU, Japan, China, and other regions with currencies that have strengthened against the dollar, writes Charles Philion, co-founder Pure Value

Dubai faces substantial supply headwinds that may absorb currency-driven demand without triggering significant price gains. Approximately 45,000-50,000 new residential units are expected in 2025-2026, with vacancy rates elevated in older secondary locations, he adds.