United Arab Emirates Archives

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

July 29, 2020March 19, 2018 by Samir Salya

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 more

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

July 29, 2020March 12, 2018 by 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 more

Samir Salya on The Continuing Rental Declines in Dubai

July 29, 2020March 1, 2018 by 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 more

Samir Salya on Dubai’s Oversupply Preventing Recovery

July 29, 2020February 22, 2018 by Samir Salya

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 more

Samir Salya on the Pressure Facing Dubai’s Property Market

July 29, 2020February 15, 2018 by Samir Salya

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 more

Samir Salya on the Slowing Momentum of Dubai’s Property Sales

July 29, 2020February 8, 2018 by Samir Salya

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 more

Samir Salya on Dubai’s 9-Year High for Off-Plan Property Sales

July 29, 2020January 31, 2018 by Samir Salya

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 more

Samir Salya on The Potential Recovery for Dubai’s Property Market

July 29, 2020January 25, 2018 by 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 more

Samir Salya on Dubai’s Falling Real Estate Investment Yields

July 29, 2020January 18, 2018 by Samir Salya

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 more

Samir Salya on the Problems of Property Oversupply in Dubai

July 29, 2020January 11, 2018 by Samir Salya

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