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 Dubai’s Oversupply Preventing Recovery

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With signs of growth in the affordable property market, it seems like Dubai’s property market is starting to recover from its recent lull. However, a recent report by Phidar Advisory suggests that this recovery could take much longer than expected. With oversupply remaining as the main problem facing luxury properties, the oversaturation in the marketplace ... Read moreSamir Salya on Dubai’s Oversupply Preventing Recovery

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 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 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 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

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 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 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