property news

Samir Salya looks at London’s property market prospects

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It’s difficult to ignore the headlines concerning London property at the moment. Depending on where you look, London’s property market is either growing much slower than the rest of the UK or decreasing at the fastest pace since 2009. Either way, there is plenty of evidence to suggest the market is stagnating. According to Bloomberg’s … Read moreSamir Salya looks at London’s property market prospects

Samir Salya on Norway’s Risky Backing of London Property

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Norway’s sovereign wealth fund – the largest of its kind in the world – is backing the London property market to survive the recent troubles to its market. Troubles plaguing the capital are still yet to be resolved, with the future remaining unclear. With the so-called Brexodus – the name given to the mass exodus ... Read moreSamir Salya on Norway’s Risky Backing of London Property

Samir Salya on the End of London’s Property Boom

London has seen unprecedented growth in recent years. Decades of runaway growth saw the average house price in the capital grow from £257,000 in 2006 to £474,000 in 2016. However, due to the rising problems facing the London property market, the property boom has finally come to an end. Moving away from growth Speaking in ... Read moreSamir Salya on the End of London’s Property Boom

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 rising Deposits for London’s First Time Buyers

While the London property market’s future remains uncertain, the future of house deposits looks to be more certain. According to a new report by L&C Mortgages, deposits for first-time buyers will continue to increase and could rise as high as £250,000 within the next 10 years. Deposits on the rise Over the past 5 years, ... Read moreSamir Salya on rising Deposits for London’s First Time Buyers

Samir Salya on London’s build-to-rent boom

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A new breed of hotel-style homes for renters in London are springing up due to the affordability crisis surrounding getting on the housing ladder. Property prices are fast outstripping wage increases in London, which has led to many people simply not being able to afford to rent. Developers have come up with a way to ... Read moreSamir Salya on London’s build-to-rent boom

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

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

All about Dubai’s mega project

  It’s not going to be completed until 2020, but Dubai’s newest multi-billion dirham development has been showcased in a sneak peek video. Costing Dh3.65 billion (£771 million), the Dubai Creek Harbour development was shown off by property developer Emaar in a video, which was titled ‘Fly Through Dubai Creek Harbour’. The idea of the ... Read moreAll about Dubai’s mega project

How Brexit is affecting investors in the UK property market

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If the polls are correct for the UK General Election on 8 June, Theresa May and the Conservative Party will win by a landslide. It’s assumed that a win will allow the Conservatives to negotiate a softer Brexit than first assumed. While the polls may be showing favour for the Tories, we all know that ... Read moreHow Brexit is affecting investors in the UK property market

Luxury real estate demand on the up in Dubai

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  So far in 2017, numbers show that properties valued at Dh1000 and above per square foot are up 35 per cent. This indicates that luxury real estate is back on top in Dubai, and it’s not just applying to off plan property. A report from consultants Reidin-GCP shows that while more expensive properties are ... Read moreLuxury real estate demand on the up in Dubai
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