Dubai

Samir Salya discusses most popular areas of Dubai

Dubai Skyline at Night - Samir Salya
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

Samir Salya discusses the rise in new home handovers in Dubai

Downtown Dubai at Night - Samir Salya
Figures show that Dubai’s developers have become more committed to faster handover schedules in 2017. The first half of this year shows that 13,315 homes were delivered, against just 5,039 in the corresponding time period in 2016. Data from Reidin-GCP shows that the first half of 2015 was slightly more than 2016 at 8,714 units. ... Read moreSamir Salya discusses the rise in new home handovers in Dubai

Samir Salya looks at a new start-up in Dubai

Finding a niche in the property market isn’t easy, but a new Dubai start-up has done exactly that. The company, called SellAnyHome.com, promises to sell your home within half an hour – a strong claim but one that could be music to many sellers’ ears. An idea borne of experience Founder Omar Chihane tried to ... Read moreSamir Salya looks at a new start-up in Dubai

Samir Salya on the new permit strategy to boost Dubai realty sector

Burj al Arab Sunset - Samir Salya
It looks like investors and developers alike will benefit from the new strategy in Dubai for allocating building permits. The plan is expected to speed up the general approval system needed for securing building permits and therefore boost the real estate sector. Analysts report that they expect the new strategy to simplify the process of ... Read moreSamir Salya on the new permit strategy to boost Dubai realty sector

Samir Salya discusses further rental drops in Dubai

Although it’s difficult to accurately pinpoint, it looks as though a recovering in the rental sector in Dubai could take until next year. Even then it seems the rental recovery will only be relevant to a few, select, locations. It’s projected that there will be further declines in rents across the freehold clusters in Dubai ... Read moreSamir Salya discusses further rental drops in Dubai

Samir Salya on Dubai rental bargains

It seems that it could be worthwhile for tenants in Dubai to scout around the brand- new homes arriving in the city to find bargains. This is particularly the case if their own landlords won’t budge on rental negotiations, as it’s likely that they’ll find something within their budget in the new lists. For example, ... Read moreSamir Salya on Dubai rental bargains

Samir Salya looks at the popularity of financial and tech clusters in Dubai

Dubai Buildings - Samir Salya
The strength of the Dubai International Finance Centre (DIFC) has been further improved by the Emirates Tower Business Park project next door. This is thanks mostly to the fact that there is such a strong demand from tech, media and finance companies for premium, expensive and exclusive office space in Dubai. The DIFC was set ... Read moreSamir Salya looks at the popularity of financial and tech clusters in Dubai

Samir Salya looks at whether Dubai tenants are getting rent cuts

Dubai Buildings at Night - Samir Salya
With property experts agreeing that Dubai’s housing costs have fallen across the board, reports show that not many tenants are enjoying correspondingly lower rental costs. In fact, only around 10 per cent of the tenants polled are reporting that they are getting any kind of help with their high accommodation costs. Recent survey contradicts market ... Read moreSamir Salya looks at whether Dubai tenants are getting rent cuts
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