Reign Holdings and the Covid-19 pandemic

Government actions being taken to deal with the pandemic, while vital, are proving costly to all economies. Each sector, to a greater or lesser extent, will experience some kind of slowdown and these are undoubtedly anxious times. How will Covid-19 affect property developers? The housing market is stablising. Looking at home buyers’ growing interest, we … Read moreReign Holdings and the Covid-19 pandemic

Huda Hotel adds 600 apartments to its Dubai portfolio

Reign Holdings subsidiary, Huda Hotel, has been appointed to manage 600 new units in Dubai – proof of its success and longevity, even in the midst of a global pandemic. Huda Hotel is a Dubai-based hospitality and short-let management company, established in 2017 by a group of sector professionals to offer a range of practical, … Read moreHuda Hotel adds 600 apartments to its Dubai portfolio

GIOVANNI celebrates the opening of its new Headquarters

GIOVANNI, a leading real estate development company, has moved its headquarters to the 11th floor of The Onyx Tower 1, Dubai. With a panorama of the world-famous skyline, these stylish, open-plan offices feature thoughtfully-designed co-working areas and spacious meeting rooms. CEO Samir Salya said of the move: “We are confident that our new headquarters will … Read moreGIOVANNI celebrates the opening of its new Headquarters

Samir Salya’s tips for buying or renting commercial property in Dubai

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There is an increasing demand for commercial property in Dubai in 2018. The growth of the sector has been further stimulated by investors actively searching out the right space in the best location at the most attractive price. Economic growth in Dubai has been driven by the ongoing preparations for Expo 2020. This, along with ... Read moreSamir Salya’s tips for buying or renting commercial property in Dubai

Samir Salya looks at the changes in Dubai’s real estate market over the last ten years

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Back in 2008, Dubai’s first off-plan property boom crashed to a halt with the onset of the global financial crisis. This proved a major problem for the local economy, which was subsequently shored up with a $20 billion emergency package from Abu Dhabi in 2009. Fast forward ten years and we’re seeing the quieter end ... Read moreSamir Salya looks at the changes in Dubai’s real estate market over the last ten years

Samir Salya on How Dubai is Embracing the Concept of Affordable Housing

For over a decade, Dubai has been known for luxury. From its high-end villas to its up-market apartments, the region was known for property prices that were comparable to some of the most expensive cities in Europe, Asia and North America. Due to this, Dubai often attracted high-net-worth individuals, looking to invest in the area’s ... Read moreSamir Salya on How Dubai is Embracing the Concept of Affordable Housing

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

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

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

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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