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 Continuing Rental Declines in Dubai

Dubai Buildings at Night - Samir Salya
Due to the current state of the rental market, there is no better time than now to be renting in Dubai. With factors such as increased competition, oversupply and poor market performance in general, rental prices are seeing continued declines. With situations unlikely to change, we can expect Dubai’s renter-friendly market to continue for the ... Read moreSamir Salya on The Continuing Rental Declines in Dubai

Samir Salya on The Potential of London’s Property Market

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While there’s no doubt that the London property market has been through tough times, there is still potential in the market that must not be overlooked. The biggest worth The London property market is the highest performing and valued area in the UK According to figures released by property evaluation company, Zoopla, the market is ... Read moreSamir Salya on The Potential of London’s Property Market

Samir Salya on Dubai’s Oversupply Preventing Recovery

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With signs of growth in the affordable property market, it seems like Dubai’s property market is starting to recover from its recent lull. However, a recent report by Phidar Advisory suggests that this recovery could take much longer than expected. With oversupply remaining as the main problem facing luxury properties, the oversaturation in the marketplace ... Read moreSamir Salya on Dubai’s Oversupply Preventing Recovery

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 the Big Discounts Being Seen on Top-End London Property

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With uncertainty in the London property, political and economic sphere being witnessed, top-end property prices are paying the price. High-end homes in central London are selling at the biggest discounts in more than a decade. This continues as sellers set ambitious prices despite the declining market. Confident buyers taking control As the property market shows ... Read moreSamir Salya on the Big Discounts Being Seen on Top-End London Property

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 Overseas Investment in London

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With recent changes to the London property market, sales in the region have dropped in recent months. The uncertainty of Brexit and recent changes to Stamp Duty are serving as main detractors, being particularly seen among local buyers. With the fall in competition and prices, more overseas investors are investing in the London property market. ... Read moreSamir Salya on Overseas Investment in London

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