Welcome to 5th Avenue, Psychiatrist!! Like you I think the name sold it to us too, and I quite liked the design of the building.
I have booked my Dirhams for 1 year (and got more than 6.3), simply because iof the dollar going down (and the dirham being pegged against the dollar of course.). It just makes it easier for us to know what we need to pay and there are no nasty surprises, and to be honest if it costs a little more then so be it - we still get the interest on the sterling to offset it. On our Dubai apartment we were intially getting 6.3 but by the end of it (5 years later I hasten to add!) we were getting just over 7 so we gained a bit on that purchase. It's just so difficult to predict isn't it.
Got my e-mail too having sent the deposit and was told the receipt will be forwarded in 4 - 6 weeks, so no doubt we will be speaking again around then!!
Speak soon
Sue
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