Samir Salya on the Problems of Property Oversupply in Dubai

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The Dubai property market is facing the threat of oversupply in the face of growing competition, according to Gulf General Investment Company (GGICO). The UAE-based developer’s forecasts for the future of the real estate sector come as the demand for property in Dubai begins to stabilize. With investment increasing and sales decreasing, the market is … Read moreSamir Salya on the Problems of Property Oversupply in Dubai

Samir Salya on the Reversal of London’s Property Prices

Big Ben Behind Underground Sign - Samir Salya
While London property prices have seen a rapid increase in recent years, 2017 saw a pricing drop for the first time since the banking crash of 2009. With the sharp slowdown in the market, the long-standing property boom in the capital has ended. Fall in prices The average price of a home in London fell ... Read moreSamir Salya on the Reversal of London’s Property Prices

Samir Salya on Key Influences for Dubai Property in 2018

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Dubai’s property market has seen a turbulent time in recent months, due to the fall in prices and slump in sales. Although the region remains an attractive city to investors, there are several factors that can influence the success of the market moving forward. Corporate consolidation Mergers of big businesses are still impacting the economy ... Read moreSamir Salya on Key Influences for Dubai Property in 2018

Samir Salya on Elements Influencing London Property in 2018

Busy London Street - Samir Salya
Moving on from the turbulent year of 2017, London’s property market looks set to move towards more stability and success. Though still trailing behind the UK’s upturn, recent changes have allowed more flexibility to the market. There are several factors that could help boost sales in the capital this year. Low-interest rates The interest rate ... Read moreSamir Salya on Elements Influencing London Property in 2018

Samir Salya on the rising demand for Dubai Property

There is a growing demand for real estate in Dubai. In fact, the Dubai Land Department (DLD) states so in its latest report. This increase comes as the area prepares for Expo 2020 Dubai, bringing in new investors and presenting real estate areas across all property sectors. Expo 2020 Dubai A global destination for millions, ... Read moreSamir Salya on the rising demand for Dubai Property

Samir Salya on prime London property market’s continued success

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With issues such as Brexit and previous stamp duty changes affecting interest, the London property market has slowed in recent months. But despite these concerns, property in prime areas of London have continued to show strength. With locations including Notting Hill, Chelsea, Knightsbridge and Marylebone, prime central London is seeing sales and price recovery. Prices ... Read moreSamir Salya on prime London property market’s continued success

Samir Salya on the Potential Rise in Dubai Property

Burj al Arab Sunset - Samir Salya
The price of prime residential property in Dubai is set to see a modest rise in 2018. Consultants Knight Frank predict a 1 per cent rise next year, with the upcoming Expo 2020 driving attention and a higher demand towards the region. Expo 2020 Expo 2020 is a Universal Exposition, being hosted by Dubai. Set ... Read moreSamir Salya on the Potential Rise in Dubai Property

Samir Salya on the Hopeful Signs in London’s Property Market

london-luxury-property - Samir Salya
The London property market is showing signs that the slump is easing for prime property. With interest returning to the capital’s three most expensive boroughs, a surge indicates that momentum is returning to London after a difficult year. An increase in sales Prime London property’s tough year looks to be starting 2018 on a positive ... Read moreSamir Salya on the Hopeful Signs in London’s Property Market

Samir Salya on the Fundamentals of Dubai Property

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Dubai’s property market continues to lead the region, with its solid foundations strong, despite market fluctuations. Looking at the macroeconomic picture, the sector is maintaining a positive and robust regulatory framework for its property market moving into 2018. Demand in the area According to research by the Khaleej Times, Dubai is still widely considered to ... Read moreSamir Salya on the Fundamentals of Dubai Property

Samir Salya on London’s Falling Housing Transactions

With recent changes to the stamp duty and mortgage rules in Britain, the London property market is feeling the effect with a plummet in housing transactions.  Transaction volumes, referring to the number of houses being bought and sold in the capital, show an 18 per cent drop since last year, according to figures released by ... Read moreSamir Salya on London’s Falling Housing Transactions