Samir Salya – how Brexit and the General Election are already affecting London’s real estate market

Big Ben Behind Underground Sign - Samir Salya
It’s fair to say that the London real estate market is remarkably resilient. And it’s had to be in recent months, as the twin shocks of the Brexit vote and now a surprise UK general election result could reasonably be expected to have hit industry confidence hard. Standing firm Political and economic uncertainty are never ... Read moreSamir Salya – how Brexit and the General Election are already affecting London’s real estate market

Samir Salya on why the Dubai property market has seen such a positive start to 2017

Dubai Skyline at Night - Samir Salya
Back in 2016, the outlook for the Dubai property market was mixed. Research from real estate consultancy Cluttons showed that average residential property prices in Dubai dipped by 2.6 per cent in the third quarter of 2016, bringing the annual rate of decline down to 7.4 per cent. Looking ahead to 2017, Cluttons suggested a ... Read moreSamir Salya on why the Dubai property market has seen such a positive start to 2017

Samir Salya on London’s popularity for build-to-rent investment

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  An interesting report from Knight Frank has concluded that London is the most popular city for investing on the build-to-rent sector. As a whole, the rented sector in the UK (which includes the build-to-rent market) is set to be worth £70 billion by 2021. And the capital city is set to absorb 65 per ... Read moreSamir Salya on London’s popularity for build-to-rent investment

Samir Salya looks at Dubai’s landlord legislation

In many countries around the globe, annual rent increases are generally accepted as completely normal due mainly to inflation. In Dubai, it’s rather different thanks to specific legislation that determines whether or not a landlord can ask for an annual rental increase from his tenants. For tenants with a contract renewal coming up, it’s certainly ... Read moreSamir Salya looks at Dubai’s landlord legislation

Samir Salya looks at overseas investment in London real estate

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A new report shows that overseas investors own 13 per cent of homes in London. That equates to just over one in ten of all properties sold in the city. The report was commissioned from the London School of Economics and York University, by the Mayor of London and uses data from all property sales ... Read moreSamir Salya looks at overseas investment in London real estate

Samir Salya looks at new wellness venture in Dubai

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The current global trend for wellness has reached Dubai real estate, with the announcement of a themed residential development. It’s a joint venture between Dubai Healthcare City Investments (DHCI) and specialist developer Swiss Property. Together they intend to bring wellness themed residential units, shops, entertainment and facilities to Al Jaddaf. The new units will sit ... Read moreSamir Salya looks at new wellness venture in Dubai

Samir Salya on UK house prices

In the UK house prices have started falling for the first time since 2009. The reasons are many and varied, ranging from the fallout from the Brexit vote last June to the shock result of this month’s General Election. Based on data collected by Rightmove just before the election, it’s clear that there has been ... Read moreSamir Salya on UK house prices

Samir Salya discusses plan for two new islands in Dubai

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As part of an ongoing drive to boost tourism in Dubai, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai has announced a tourism project called Marsa Al Arab. The project includes developing two islands, on either side of the Burj Al Aran Jumeirah, attached ... Read moreSamir Salya discusses plan for two new islands in Dubai

How will the UK’s General Election affect the property market?

  The snap election is affecting all kinds of industries, with economic predictions more uncertain than ever. House price growth is definitely slowing, but is this because of the General Election on 8 June 2017, or down to something else? The housing crisis is a political hotspot, and a key issue for the politicians now ... Read moreHow will the UK’s General Election affect the property market?

What does an owner’s association in Dubai do?

Dubai Buildings at Night - Samir Salya
  An owner’s association (OA), in basic terms, looks after the common areas of a development, building or site on behalf of the owners. This includes dealing with security, maintenance, liaising with statutory authorities and enforcing rules. As it’s such a varied role, an OA management company needs to have lots of different skill bases. ... Read moreWhat does an owner’s association in Dubai do?
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