Dubai Property Market Archives

Samir Salya examines recent transaction figures for Dubai real estate sector

July 30, 2020April 23, 2018 by Samir Salya

Investors from Britain, Pakistan and India continue to head up foreign investment in Dubai’s real estate market. And it’s looking good for the future of the sector, according to industry experts. Recently released figures by the Dubai Land Department (DLD) show a drop in the number of real estate transactions recorded during Q1 2018. This ... Read more

Samir Salya on confidence being restored to the Dubai property market

July 30, 2020April 16, 2018 by Samir Salya

After a troubling few years for the Dubai property market, it appears the region is beginning to find its feet once more. Following on from promising signs in the market, from an upturn in the demand for affordable housing to the value for money given by prime property, the market is on track for recovery. ... Read more

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 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 discusses the rise in new home handovers in Dubai

September 12, 2017 by 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 more

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

August 22, 2017 by 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 more

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

July 10, 2017 by 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 more