Laguna
Yes you are correct. Basically you need to keep track of the dirham!
If you are investing in property abroad...you gotta be on the ball.....track the exchange rate when making payments/transfers.
This is why it is easier to have an account in Dubai and pay your bills in dirhams...you can make transfers to your Dubai account when sterling weakens and thereby getting more Dirhams for your £1.
Hope that makes sense.
Raz
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