Reuters spotlighted Emirati real estate developers’ targeting of UK property investors, with a weaker AED — affected by its peg to the USD and Trump’s sweeping tariffs — making the UAE’s property market significantly cheaper for GBP buyers. UK investments in Dubai homes surged in 62% y-o-y in 2Q, breaking four years of stagnation and putting UK residents ahead of Indian nationals to become the emirate’s top foreign property buyers, according to UAE brokerage Betterhomes.
Emirati developers are also opening outposts in the UK, with developers like Binghatti, Danube, Damac, and Sobha establishing London offices or development arms, and Aldar acquiring UK-based property developer London Square. The emirate is among the top destinations for those leaving London, alongside wealth hotspots Monaco, Italy and Switzerland, property agents told Reuters. Binghatti launched flexible payment plans while Damac partnered with Chelsea soccer club to launch branded residences to appeal to British buyers.