Samir Salya

Samir Salya discusses the London luxury flat market

Despite a flat market due to the uncertainty surrounding Brexit, it looks as though there is life in the luxury apartment sector in London. Billionaire developers, the Reuben brothers, are demonstrating their faith in the luxury flats market in central London. They have sold 45 luxury flats based in Paddington in less than two months. ... Read moreSamir Salya discusses the London luxury flat market

Samir Salya on the Middle East’s overseas buying

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In 2015, the wealthy investors of the Middle East spent a record $30 billion. This year, it’s dipped to $16 billion, and looks likely to stay at this level. Investors have cut their overseas spend nearly in half since 2015. This is down to the unpredictability of oil prices and the slowdown in economic growth. ... Read moreSamir Salya on the Middle East’s overseas buying

Samir Salya looks at who is investing in Central London

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The latest figures from London Central Portfolio show that homebuyers of luxury property represent 45% of all sales in prime central London. This is three time as many as the previous 12 months, due to the increasing discounts available. This has resulted in an increase of transaction numbers in luxury sales. There was a 23% ... Read moreSamir Salya looks at who is investing in Central London

Samir Salya discusses rental values in Dubai

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Depending on the specific area, it’s clear that many rents in Dubai have seen some kind of correction during the last year. This is linked with locations that have seen new properties and developments coming onto the market, and therefore putting pressure on landlords to lower their rents. Over the first nine months of 2017, ... Read moreSamir Salya discusses rental values in Dubai

Samir Salya discusses investment in London property

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Residential property prices in many boroughs of London have dropped year-on-year from September 2016 to 2017. Many of the areas that are seeing falling prices are the traditional premium strongholds. For example, the Royal Borough of Kensington and Chelsea has seen prices fall by more than 10% year-on-year. Furthermore, the price drop has almost solely ... Read moreSamir Salya discusses investment in London property

Samir Salya on why Dubai’s office units still command high rents

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If you’re looking for a cheap option for rent in among Dubai’s many office skyscraper buildings, then you are fresh out of luck. There simply aren’t any around. In fact, Dubai’s best high-rise commercial buildings charge the 18th most expensive rental amounts in the world. Rents remain flat this year According to a report from ... Read moreSamir Salya on why Dubai’s office units still command high rents

Samir Salya discusses London luxury property prices

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Brexit uncertainty, along with tax changes introduced by the government will lead to a fall in prices of luxury homes in central London, according to Savills. The property experts forecast that the market will remain fragile among all of the uncertainty, and that the prices will fall 4% by the end of 2017. Further, Savills ... Read moreSamir Salya discusses London luxury property prices

Samir Salya discusses most popular areas of Dubai

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Consumers in Dubai are benefitting sharply from the rise in new communities. While the city centre is always popular, new housing developments further inland are gaining traction with savvy buyers looking for a better deal. It’s part of a general move for residents to becoming smarter in the way they use their money when leasing ... Read moreSamir Salya discusses most popular areas of Dubai

Samir Salya looks at one Dubai developer with designs on London

Dubai-based Sobha Group is planning to diversify its portfolio and take on developments in London and the Philippines. This will be in addition to its large-scale plans in Saudi Arabia through a partnership with a US based firm. Drive for overseas developments The Sobha Group is known for its premium projects in Dubai, along with ... Read moreSamir Salya looks at one Dubai developer with designs on London

Samir Salya on a new floating development in Dubai

An ambitious developer is planning to recreate Venice just off the coast of Dubai, with plans for a floating hotel. The Dh2.5 billion development will have an underwater floor and is the brainchild of the Kleindienst Group. Plans unveiled The company announced its plans on the first day of Cityscape Global 2017. The project is ... Read moreSamir Salya on a new floating development in Dubai
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