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

Dubai Skyline at Night - Samir Salya
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

Samir Salya on the Dwindling Optimism Surrounding for Dubai’s Property Market Rebound

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Following the downward spiral in the Dubai property market, there had been some hope of a recovery in 2017. The optimism surrounding the market has fallen off in recent months – and with no recovery in sight, new problems are arising for the sector. From falling prices to oversupply, Dubai’s property market is not showing ... Read moreSamir Salya on the Dwindling Optimism Surrounding for Dubai’s Property Market Rebound

Samir Salya on Global Investors Returning to Dubai’s Luxury Property

Dubai Buildings at Night - Samir Salya
The Dubai luxury property is experiencing a change in fortune. Global investors are once again renewing their interest in high-price prime properties in the area. With many high-end buyers finally purchasing some of the luxury properties built in the region, this could offer a solution to Dubai’s most prominent problem: oversupply. More interest Real estate ... Read moreSamir Salya on Global Investors Returning to Dubai’s Luxury Property

Samir Salya on The Continuing Rental Declines in Dubai

Dubai Buildings at Night - Samir Salya
Due to the current state of the rental market, there is no better time than now to be renting in Dubai. With factors such as increased competition, oversupply and poor market performance in general, rental prices are seeing continued declines. With situations unlikely to change, we can expect Dubai’s renter-friendly market to continue for the ... Read moreSamir Salya on The Continuing Rental Declines in Dubai

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 Potential Recovery for Dubai’s Property Market

Downtown Dubai at Night - Samir Salya
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