Dubai

Samir Salya on the Pressure Facing Dubai’s Property Market

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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 moreSamir Salya on the Pressure Facing Dubai’s Property Market

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

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

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

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

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

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

Samir Salya on Dubai’s Falling Real Estate Investment Yields

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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 moreSamir Salya on Dubai’s Falling Real Estate Investment Yields

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 the rising demand for Dubai Property

There is a growing demand for real estate in Dubai. In fact, the Dubai Land Department (DLD) states so in its latest report. This increase comes as the area prepares for Expo 2020 Dubai, bringing in new investors and presenting real estate areas across all property sectors. Expo 2020 Dubai A global destination for millions, ... Read moreSamir Salya on the rising demand for Dubai Property

Samir Salya on the increasing demand across Dubai’s real estate sector

Property in Dubai is always an attractive real estate investment, but the intensity of demand is increasing, considerably over the past year. Its continuing growth is seeing numbers rise across all property categories, attracting a wide range of investors. A wide range of property sectors The total value of real estate transactions in Dubai for ... Read moreSamir Salya on the increasing demand across Dubai’s real estate sector

Samir Salya looks at Dubai Land Management’s Blockchain initiative

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To help promote more public-private partnerships, Dubai Land Management (DLD) has teamed up with various partners to create a Blockchain database for all properties in Dubai. The idea is that the Blockchain will then be available to all customers of the DLD. The partners include wasl Asset Management Group (one of the biggest real estate ... Read moreSamir Salya looks at Dubai Land Management’s Blockchain initiative

Samir Salya on the Middle East’s overseas buying

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In 2015, the wealthy investors of the Middle East spent a record $30 billion. This year, it’s dipped to $16 billion, and looks likely to stay at this level. Investors have cut their overseas spend nearly in half since 2015. This is down to the unpredictability of oil prices and the slowdown in economic growth. ... Read moreSamir Salya on the Middle East’s overseas buying
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