Can I pay in euros, dollars or another currency?
Prices are set in AED, but you can send funds from an account in euros, dollars or another currency. Your bank converts the amount at its own rate, and Orven does not quote or guarantee any exchange rate.
Prices for units in Dubai are set and invoiced in AED, but that does not mean you need an AED account to pay. You can send the transfer from an account in euros, dollars or another currency, and your own bank handles the conversion at the point of transfer, applying its own rate and fees. Orven does not quote, fix or guarantee any exchange rate for you.
Why the price stays in AED regardless of your currency
The contract, the escrow account and the developer's records all reference the AED amount, since that is the currency of the transaction in Dubai. When you send a transfer in a different currency, your bank or the intermediary bank converts it, and the amount that lands in the escrow account is what matters for your payment schedule, not the amount you sent in your original currency. This is worth knowing before you initiate a large instalment, since a delay or a rate move on your bank's side does not change what is due under your contract. Our guide on sending money to Dubai for a property purchase covers the transfer mechanics in more detail.
What to check with your own bank
Ask your bank in advance what conversion rate and fees apply to an international transfer of this size, and whether they can guarantee the AED amount arriving on the other end matches what is due. Some banks offer to lock a rate for a large transfer; this is a service your bank provides, not something Orven arranges. If you are also managing source of funds documentation, our guide on source of funds and KYC for Dubai property is worth reading alongside this one.
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What Orven confirms on your payment schedule
We confirm the exact AED amount due at each stage of your payment plan, so you and your bank know what needs to arrive, regardless of the currency you are sending from. Write to us on WhatsApp at +971 52 776 1939 or at sales@orvenproperties.com before a transfer if you want to confirm the AED figure with your adviser first.
FAQ
Do I need to convert my funds to AED before sending them? No, you send the transfer in your own currency and your bank converts it; what matters is that the AED amount received matches what is due.
Does Orven guarantee an exchange rate? No, Orven does not quote or guarantee any rate; conversion is handled entirely by your own bank.
What happens if my bank's rate means less AED arrives than expected? Speak to your adviser as soon as possible, since the amount due under your contract is set in AED regardless of currency movements on your side.
Can I ask my bank to lock a rate in advance? Some banks offer this for large transfers; it is a service to discuss directly with your bank, separate from your purchase contract.
ORVEN PROPERTIES
Talk to an Orven adviser
Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.
Frequently asked questions
Do I need to convert my funds to AED before sending them?
No, you send the transfer in your own currency and your bank converts it; what matters is that the AED amount received matches what is due.
Does Orven guarantee an exchange rate?
No, Orven does not quote or guarantee any rate; conversion is handled entirely by your own bank.
What happens if my bank's rate means less AED arrives than expected?
Speak to your adviser as soon as possible, since the amount due under your contract is set in AED regardless of currency movements on your side.
Can I ask my bank to lock a rate in advance?
Some banks offer this for large transfers; it is a service to discuss directly with your bank, separate from your purchase contract.
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