Reign Holdings and the Covid-19 pandemic

Government actions being taken to deal with the pandemic, while vital, are proving costly to all economies. Each sector, to a greater or lesser extent, will experience some kind of slowdown and these are undoubtedly anxious times. How will Covid-19 affect property developers? The housing market is stablising. Looking at home buyers’ growing interest, we … Read moreReign Holdings and the Covid-19 pandemic

Huda Hotel adds 600 apartments to its Dubai portfolio

Reign Holdings subsidiary, Huda Hotel, has been appointed to manage 600 new units in Dubai – proof of its success and longevity, even in the midst of a global pandemic. Huda Hotel is a Dubai-based hospitality and short-let management company, established in 2017 by a group of sector professionals to offer a range of practical, … Read moreHuda Hotel adds 600 apartments to its Dubai portfolio

GIOVANNI celebrates the opening of its new Headquarters

GIOVANNI, a leading real estate development company, has moved its headquarters to the 11th floor of The Onyx Tower 1, Dubai. With a panorama of the world-famous skyline, these stylish, open-plan offices feature thoughtfully-designed co-working areas and spacious meeting rooms. CEO Samir Salya said of the move: “We are confident that our new headquarters will … Read moreGIOVANNI celebrates the opening of its new Headquarters

Samir Salya looks at the new residency visas for investors in the UAE

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In sweeping changes to the visa system for the UAE, new residency visas will be issued to investors and specialists including engineers and doctors, that are valid for ten years. Families of the ten-year visa recipients will also receive the same benefits. Others eligible for the new scheme include top performing students. His Highness Sheikh … Read moreSamir Salya looks at the new residency visas for investors in the UAE

Samir Salya’s tips for buying or renting commercial property in Dubai

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There is an increasing demand for commercial property in Dubai in 2018. The growth of the sector has been further stimulated by investors actively searching out the right space in the best location at the most attractive price. Economic growth in Dubai has been driven by the ongoing preparations for Expo 2020. This, along with ... Read moreSamir Salya’s tips for buying or renting commercial property in Dubai

Samir Salya looks at the changes in Dubai’s real estate market over the last ten years

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Back in 2008, Dubai’s first off-plan property boom crashed to a halt with the onset of the global financial crisis. This proved a major problem for the local economy, which was subsequently shored up with a $20 billion emergency package from Abu Dhabi in 2009. Fast forward ten years and we’re seeing the quieter end ... Read moreSamir Salya looks at the changes in Dubai’s real estate market over the last ten years

Samir Salya examines recent transaction figures for Dubai real estate sector

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Investors from Britain, Pakistan and India continue to head up foreign investment in Dubai’s real estate market. And it’s looking good for the future of the sector, according to industry experts. Recently released figures by the Dubai Land Department (DLD) show a drop in the number of real estate transactions recorded during Q1 2018. This ... Read moreSamir Salya examines recent transaction figures for Dubai real estate sector

Samir Salya on confidence being restored to the Dubai property market

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After a troubling few years for the Dubai property market, it appears the region is beginning to find its feet once more. Following on from promising signs in the market, from an upturn in the demand for affordable housing to the value for money given by prime property, the market is on track for recovery. ... Read moreSamir Salya on confidence being restored to the Dubai property market

Samir Salya on How Dubai is Embracing the Concept of Affordable Housing

For over a decade, Dubai has been known for luxury. From its high-end villas to its up-market apartments, the region was known for property prices that were comparable to some of the most expensive cities in Europe, Asia and North America. Due to this, Dubai often attracted high-net-worth individuals, looking to invest in the area’s ... Read moreSamir Salya on How Dubai is Embracing the Concept of Affordable Housing

Samir Salya on Dubai’s Growing Affordability for Prime Property

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With recent falls in the Dubai property market, the sector is seeing lower prices across the board. In particular, Dubai’s prime residential property prices are softening due to high supply and relatively low demand in recent years. This is making the emirate more economical than most of its global peers, becoming one of the most ... Read moreSamir Salya on Dubai’s Growing Affordability for Prime Property