"Reason I canceled my trip to London is that I am not a big fan of the Obama Administration having sold perhaps the best located and finest embassy in London for 'peanuts, ' only to build a new one in an off location for 1.2 billion dollars", Trump tweeted in January.
Daily Mail UK reports that the visit will help to improve relations between the two countries. Trump had been invited to come to London soon after he took over but it was put on hold due to fears of mass demonstrations.
The US ambassador to the UK, Woody Johnson, said the "thick-skinned" president would not be deterred by demonstrations.
Trump has not yet visited the United Kingdom during his time in office, and previously planned parlays were pushed off amid reports that he was afraid of being greeted with hostility across the pond.
Mr Trump's visit will follow a two-day North Atlantic Treaty Organisation summit in Brussels, and is seen as an opportunity to improve relations between the US President and Mrs May.
Mr Trump would have been treated to lavish ceremonies and a stay with the head of state at Buckingham Palace.
Despite the looming threats of protest, the US ambassador to Britain, Woody Johnson, insisted that Trump is "very thick-skinned" and can handle the tough crowds.
The White House said there are "no plans" for Mr Trump to visit Ireland at present. For a state visit, the Queen would act as the host. While the exact details of the trip remain under discussion, Trump could theoretically visit the Queen at Windsor Castle, and never see London at all.
"Most politicians don't weigh it out the way he does and so he is going to get a lot of criticism for that as people interpret where he is taking everything".
Under domestic pressure, May said that Trump's remarks were wrong, triggering the latter's retort demanding her not focus on him, but on anti-terrorism efforts in her own nation.