The AED Dhirahm, currently pegged directly to the US$ is bound to be revalued sooner than later. Inspite of authorities repeatedly speaking that the current peg with the dollar will not be changed, its best for the prudent person to anticipate a change sometime during 2nd quarter 2008.
Due the fall in value of the Dhs. relative to the Euro & the pound sterling have made the exports from UAE more competetive . Also the inflow of funds connected with reality sales seems to have accelerated.
Currently property in UAE is far more affordable than equivalent property in London or many other European destinations.
Investors from UK, Europe, welcome to Dubai with your funds. Today is the best day ....dont wait , dont postpone...
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