Samir Salya Archives

New affordable housing scheme in London

June 6, 2017 by Samir Salya

Could a ‘no frills’ housing scheme with a shot of investment from the Mayor of London be the answer to the city’s housing crisis? Naked House is a not-for-profit property developer and will be providing 22 houses in London by 2020. The affordable housing scheme has had a cash injection in the form of ... Read more

All about Dubai’s mega project

July 29, 2020June 5, 2017 by Samir Salya

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 more

How Brexit is affecting investors in the UK property market

May 24, 2017 by Samir Salya

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 more

Luxury real estate demand on the up in Dubai

May 23, 2017 by Samir Salya

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 more

Dubai’s property market on road to recovery

May 22, 2017 by Samir Salya

It looks set to be a slow year for Dubai’s real estate market, according to expert analysts. Recently there has been a lot of noise in the industry about how it seems the market has finally reached the end of its down cycle. Now, there appears to be a general consensus that prices are ... Read more

Dubai’s middle market property under pressure?

July 29, 2020May 22, 2017 by Samir Salya

In a break from the general consensus from industry experts, rating agency Finch predicts that it will be mid-market properties in Dubai, rather than luxury, that will be subject to rental and price declines. Prevailing thought in recent Dubai residential property forecasts has concentrated on the impact likely to be felt by high end ... Read more

Report shows Dubai as leading retail hub

May 15, 2017 by Samir Salya

Dubai’s retail sector has been growing for the last few years, as part of the specific economic diversification strategy for the region. The Dubai Chamber of Commerce has been vocal about its support of the business community as retail and tourism is key to sustained economic growth. And a report by retail giant Emaar ... Read more

How hotel developers are mixing strategies in Dubai

May 4, 2017 by Samir Salya

Flexibility is key when it comes to hotels in Dubai, with many developers recognising the need for bespoke options. In 2017, there are many more different kinds of potential hotel guests, ranging from those wanting absolute high end luxury to people who want short term lettings. While the rise of Airbnb could have been ... Read more

What’s in store for London’s luxury property market in 2017?

July 29, 2020May 3, 2017 by Samir Salya

There’s no denying that Brexit has led to uncertainty in the UK property market. The initial effects can be seen with a certain amount of hesitancy among investors, and while it may be that many continue to wait out 2017, it’s interesting to see the current status of the London luxury property market. So ... Read more