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Currency risk in property investment

Why the currency of purchase, rental income, and eventual repatriation can matter as much as headline yield.

Editorial guide · CoreSpaces Global Property Research

01You are long the asset currency whether you notice or not

Buying Dubai property in AED while earning in INR, GBP, or EUR creates a currency exposure on both rental cash flows and exit proceeds. A strong yield in local terms can be muted — or amplified — by moves in the funding currency.

02Match the liability, not the brochure

If the mortgage is in AED but income arrives in another currency, rate moves affect affordability directly. Investors remitting under India's LRS should also model the 20% TCS cash-flow hit on amounts above ₹10 lakh — recoverable, but not instant.