Dubai Property

Samir Salya on the Problems of Property Oversupply in Dubai

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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

Samir Salya on Key Influences for Dubai Property in 2018

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Dubai’s property market has seen a turbulent time in recent months, due to the fall in prices and slump in sales. Although the region remains an attractive city to investors, there are several factors that can influence the success of the market moving forward. Corporate consolidation Mergers of big businesses are still impacting the economy ... Read moreSamir Salya on Key Influences for Dubai Property in 2018

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 why office buildings are feeling the heat in Dubai

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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 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 looks at whether Dubai tenants are getting rent cuts

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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

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
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