How do we send money to and from Dubai?

If you are buying off-plan, there is no need to open a Bank account immediately in Dubai; you will only need one to receive the rent once the property completes and is ready to lease out. If buying via a mortgage, the bank will set up an account with them as part of the lending process.

So if you want to save money when you send money to and from Dubai, then I recommend avoiding the high street banks and using a specialist company who trade every day in Dirham, Sterling, US$ and Euros.

I have used a couple of FX companies over the years, both of which have offices in Dubai and the UK and are authorised by the FCA (UK) and regulated by the DFSA (Dubai).

They consistently beat the banks at the rate of exchange; there are no transfer fees, minimal red tape and they have lots of experience with overseas clients buying, renting and selling property in Europe and the Middle East. 

Email me now, and I will ask them to give you a call or send you an introductory email so you can start saving money immediately. 

If you can save between 1% and 3% each time you transfer money, then it all helps to improve the return on Investment with your property.