Currency Exchange

Whether you’re buying a dream holiday in Dubai or simply investing, fluctuating exchange rates can make a huge difference to the price you finally pay.

For example:
A Dubai property priced at AED 500,000 would have cost £71,572 in May 2006 (based on an exchange rate of GBPAED 6.9860 on 17/05/06). Due to currency movements, that same property would have been £3,731 more expensive at £75,303 just over one month later (GBPAED 6.6398 29/06/06) a difference of 5.2% in only 6 weeks!
To help make your money go further when buying a property, Dubai Select are proud to announce a strategic partnership with HiFX to give you access to some of the most competitive exchange rates available in the market.

Recently named ‘Best Foreign Exchange Rate Provider’ by The Sunday Times, HiFX save people £1000’s by offering great rates AND great service. As Europe’s leading currency provider, their global network of offices manages £20 billion in foreign exchange transactions annually. Last year HiFX helped over 25,000 private individuals protect themselves against the foreign exchange risk they were exposed to between their offer price being accepted and the completion of the sale.
With HiFX, protecting your property investment is easier than you think. Their dedicated specialists will listen to your requirements and then happily provide simple, jargon free advice about the various options open to you.

Finally, when the transaction is undertaken HiFX will give you better exchange rates than your bank; no commission charges, no UK transfer costs, and no overseas bank receiving fees - making your money go further.

More information:

>> Sending payments: Click here to find out how you can save money.
>> Dubai Property: The Dirham, a market analysis.
>> Overseas insurance: Click here to find out more about overseas insurance.
>> HiFX website