We investigate dipolar Bose-Einstein condensates in a complex external double-well potential that features a combined parity and time-reversal symmetry. On the basis of the Gross-Pitaevskii equation we study the effects of the long-ranged anisotropic dipole-dipole interaction on ground and excited states by the use of a time-dependent variational approach. We show that the property of a similar non-dipolar condensate to possess real energy eigenvalues in certain parameter ranges is preserved despite the inclusion of this nonlinear interaction. Furthermore, we present states that break the PT symmetry and investigate the stability of the distinct stationary solutions. In our dynamical simulations we reveal a complex stabilization mechanism for PT-symmetric, as well as for PT-broken states which are, in principle, unstable with respect to small perturbations.