Dubai

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 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 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 Dubai property in 2017

Dubai Buildings at Night - Samir Salya
  In 2017 we’ve witnessed a great deal of change in Dubai’s property market. Shifting from high price properties and rentals to off-plan sales, lower rents and lower priced houses surging in popularity. This transformation is helping to revive what was a flagging market. The Dubai Land Department (DLD) has noted upsurges and declines throughout ... Read moreSamir Salya on Dubai property in 2017

Samir Salya on the increasing demand across Dubai’s real estate sector

Property in Dubai is always an attractive real estate investment, but the intensity of demand is increasing, considerably over the past year. Its continuing growth is seeing numbers rise across all property categories, attracting a wide range of investors. A wide range of property sectors The total value of real estate transactions in Dubai for ... Read moreSamir Salya on the increasing demand across Dubai’s real estate sector

Samir Salya on why office buildings are feeling the heat in Dubai

Dubai Buildings - Samir Salya
It seems that mid-valued office buildings in Dubai are feeling the pressure, as local business owners choose to stay put. This is particularly true for small business owners who are not willing to risk a move to new premises. As landlords of new stock are holding out against cutting rents, these offices are simply staying ... Read moreSamir Salya on why office buildings are feeling the heat in Dubai

Samir Salya looks at Dubai Land Management’s Blockchain initiative

Dubai Skyline at Night - Samir Salya
To help promote more public-private partnerships, Dubai Land Management (DLD) has teamed up with various partners to create a Blockchain database for all properties in Dubai. The idea is that the Blockchain will then be available to all customers of the DLD. The partners include wasl Asset Management Group (one of the biggest real estate ... Read moreSamir Salya looks at Dubai Land Management’s Blockchain initiative

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 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 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
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