Samir Salya

Samir Salya on the Pressure Facing Dubai’s Property Market

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While recent successes in the Dubai property market hint that it may be recovering from its 3-year downturn, there are still troubling times ahead for Dubai residential property. Although stabilising, worry still surrounds the market as oversupply, falling prices and slowing demand continue to pose a risk. Falling prices for buying property Prices for property ... Read moreSamir Salya on the Pressure Facing Dubai’s Property Market

Samir Salya on the Big Discounts Being Seen on Top-End London Property

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With uncertainty in the London property, political and economic sphere being witnessed, top-end property prices are paying the price. High-end homes in central London are selling at the biggest discounts in more than a decade. This continues as sellers set ambitious prices despite the declining market. Confident buyers taking control As the property market shows ... Read moreSamir Salya on the Big Discounts Being Seen on Top-End London Property

Samir Salya on the Slowing Momentum of Dubai’s Property Sales

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Although the market in Dubai is showing a turnaround as of late, January property sales fell. According to figures reported by The Gulf News, off-plan sales dropped by 28% in volume and 40% in value terms, based on a year-on-year evaluation. Despite some sales drop-offs forecast in January 2018, following an exceptionally strong 2017 for ... Read moreSamir Salya on the Slowing Momentum of Dubai’s Property Sales

Samir Salya on Overseas Investment in London

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With recent changes to the London property market, sales in the region have dropped in recent months. The uncertainty of Brexit and recent changes to Stamp Duty are serving as main detractors, being particularly seen among local buyers. With the fall in competition and prices, more overseas investors are investing in the London property market. ... Read moreSamir Salya on Overseas Investment in London

Samir Salya on Dubai’s 9-Year High for Off-Plan Property Sales

Despite recent dips in the Dubai property market, off-plan property is experiencing a sales boom. Showing the highest number of sales since 2008, figures from commercial real estate agency JLL reveal that a total of 25,600 off-plan properties were bought in Dubai throughout 2017. Off-plan property soars JLL’s report suggests that confidence is returning in ... Read moreSamir Salya on Dubai’s 9-Year High for Off-Plan Property Sales

Samir Salya on Luxury New-Build London Flats Failing to Sell

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With Brexit uncertainty on the horizon and the hike in stamp duty for second homes coming into place, many rich overseas investors are turning their backs on the UK. This is particularly affecting the London property market. According to property data experts Moloir London, more than half of the luxury apartments built in London last ... Read moreSamir Salya on Luxury New-Build London Flats Failing to Sell

Samir Salya on The Potential Recovery for Dubai’s Property Market

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After years of decline in the Dubai property market, prices are now showing promising signs of recovery. With new factors coming into play, such as population growth and Expo 2020, the future of the market looks to be moving towards stabilization this year. With this, further growth and strength are expected in the market moving ... Read moreSamir Salya on The Potential Recovery for Dubai’s Property Market

Samir Salya on rising Deposits for London’s First Time Buyers

While the London property market’s future remains uncertain, the future of house deposits looks to be more certain. According to a new report by L&C Mortgages, deposits for first-time buyers will continue to increase and could rise as high as £250,000 within the next 10 years. Deposits on the rise Over the past 5 years, ... Read moreSamir Salya on rising Deposits for London’s First Time Buyers

Samir Salya on Dubai’s Falling Real Estate Investment Yields

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With the real estate market in Dubai experiencing a fall in recent months, the rental market is set to experience a similar slump. As rents continue to decline in the region, yield compressions will be seen in many areas. With no upturn predicted over the next few months, the real estate market is expected to ... Read moreSamir Salya on Dubai’s Falling Real Estate Investment Yields

Samir Salya on the Stagnation of London House Prices

As the effect of Brexit begins to be felt, the move could dramatically hurt the UK economy. This is having a monumental impact on the London property market, as the weakening pound and the unstable future of the UK are leaving buyers uncertain about purchases. In Bloomberg News’ recent survey of 14 economists, 10 cited ... Read moreSamir Salya on the Stagnation of London House Prices
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