Your search results

Electronic display of different exchange rates in a window, with certain rates highlighted in red, while a blurred silhouette walks past a Dubai real estate agency in the foreground.

Real estate investment in Dubai: the exchange rate

Guillaume Giroux on April 20, 2022

When you make a real estate investment in Dubai, you will have to pay in United Arab Emirates Dirham. If you can of course make your transfer in euros, it is indeed dirhams that will arrive on the account of the developer. And an exchange rate will be applied.

The exchange rate in Dubai

If you buy a property in Dubai and you have euros, you will have to convert EUR to AED. In the case of an international transfer, the bank charges the exchange directly and the operation is automatic. If you pay cash directly in Dubai, you will have to go to an exchange office to change your euros into AED. The average exchange rate over the last few years is around 4.2/4.3 AED for 1€. However, this exchange rate may vary over time depending on the international situation.

What is the exchange rate from EUR to AED?

Below is the actual exchange rate between EUROS and AED. The rate can change several times a day, and it should be noted that the UAE Dirham is directly indexed to the US Dollar. If the dollar falls, the dirham falls, and if the dollar rises, the dirham also rises against the euro. The global geopolitical situation influences the exchange rate movements.

Euro

How to change at the best rate in Dubai?

Our real estate agents know of currency exchange bureaus in Dubai that offer good rates for real estate investors. It is possible to exchange large amounts of money in Dubai and our real estate agents will help you get the best possible exchange rate.