Samir Salya on why Dubai’s office units still command high rents

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If you’re looking for a cheap option for rent in among Dubai’s many office skyscraper buildings, then you are fresh out of luck. There simply aren’t any around. In fact, Dubai’s best high-rise commercial buildings charge the 18th most expensive rental amounts in the world. Rents remain flat this year According to a report from ... Read moreSamir Salya on why Dubai’s office units still command high rents

Samir Salya discusses London luxury property prices

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Brexit uncertainty, along with tax changes introduced by the government will lead to a fall in prices of luxury homes in central London, according to Savills. The property experts forecast that the market will remain fragile among all of the uncertainty, and that the prices will fall 4% by the end of 2017. Further, Savills ... Read moreSamir Salya discusses London luxury property prices

Samir Salya discusses most popular areas of Dubai

Dubai Skyline at Night - Samir Salya
Consumers in Dubai are benefitting sharply from the rise in new communities. While the city centre is always popular, new housing developments further inland are gaining traction with savvy buyers looking for a better deal. It’s part of a general move for residents to becoming smarter in the way they use their money when leasing ... Read moreSamir Salya discusses most popular areas of Dubai

Samir Salya on the latest price drop for London’s luxury real estate

There has been a 7% slump in the luxury housing market for the UK’s capital, thanks to high stamp duty and the uncertainty cast by Brexit. However, there are signs that the market is bottoming out and better times could like ahead. Average cost down According to real estate experts Knight Frank, the average cost ... Read moreSamir Salya on the latest price drop for London’s luxury real estate

Samir Salya discusses the rise in new home handovers in Dubai

Downtown Dubai at Night - 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 moreSamir Salya discusses the rise in new home handovers in Dubai

Samir Salya discusses London property prices

Official statistics show that London is losing people from every age group, apart from those in their twenties. People from all other age groups are leaving the capital due to the extremely high property prices becoming unsustainable. Five-year high Last year, up to June 2016, people leaving London (net outward migration) reached 93,000 people. This ... Read moreSamir Salya discusses London property prices

Samir Salya looks at a new start-up in Dubai

Finding a niche in the property market isn’t easy, but a new Dubai start-up has done exactly that. The company, called SellAnyHome.com, promises to sell your home within half an hour – a strong claim but one that could be music to many sellers’ ears. An idea borne of experience Founder Omar Chihane tried to ... Read moreSamir Salya looks at a new start-up in Dubai

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

Red Phone Box - Samir Salya
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 explains why UAE investors are turning to London

London Street and Red Bus - Samir Salya
It seems that not all UAE based investors are concentrating on snapping up off-plan realty in Dubai. Quite a number are heading to London to look out for bargains in the UK. According to research from Cluttons, since Eid there has been a surge of interest in London homes from investors based in Sharjah, Oman ... Read moreSamir Salya explains why UAE investors are turning to London

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

Burj al Arab Sunset - 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 moreSamir Salya on the new permit strategy to boost Dubai realty sector