A report on the secondary market

Off-plan sales dominated the market in 2017 with attractive sales prices and payment plans for a wider base of buyers. During the same period, secondary market sales remained fairly consistent with traditional favourites Dubai Marina and International City leading the apartment tally and most recently Akoya Oxygen, Emirates Living and International City being the top […]

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Ras Al Khaimah Residential Market Overview

Ras Al Khaimah Residential Market   Ras Al Khaimah’s real estate sector has seen a substantial increase in development activity and a change of demographics over the past 10-15 years. The emirate has witnessed rapid development of its tourism industry and increasing employment and economic activity in the manufacturing, industrial, retail, education and hospitality sectors. […]

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The Problem of Existing Building Stock

A noticeable shift in trend in the construction sector during 2017 has been a growing awareness amongst clients and consultants of the ageing building stock in the region. Words like refurbishment, retrofit and re-use have become commonplace in meetings, conferences and debates, and the ‘existing building problem’ is the elephant in the room that is […]

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Ajman Residential Market Overview

The Ajman residential property market has in the past primarily catered to residents looking for a cheaper alternative to neighbouring emirates of Sharjah and Dubai. During the market peak of 2011 and beyond, residential projects closer to the Sharjah border fulfilled the demand for affordable housing for expatriates who made up 83% of the total […]

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Abu Dhabi 2017 – A Year in Review Report: Cavendish Maxwell and Property Monitor

Declines in residential property prices averaged 1.8% for apartments and 2.4% for villas/townhouses across Abu Dhabi investment zones over 12 months Declines in residential property rents averaged 3.3% for apartments and 3.7% for villas/townhouses across Abu Dhabi investment zones over 12 months 2017 witnessed limited handovers in Abu Dhabi investment zones, amounting to 2,400 units […]

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2017 – A Year in Review Report: Cavendish Maxwell and Property Monitor in partnership with Dubai Land Department

Residential property prices registered 12 month decline of 2% on average while rents declined by 4% Off-plan residential properties accounted for most of the total transfers during the year, with more than 24,900 transactions in 2017 Over 21,600 units were handed over in Dubai during 2017 Property Monitor Residential Survey reveals that for Q1 2018 […]

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Progression of Fire Safety in the UAE

Prior to 2010, the UAE had limited fire regulations, the design of towers being dependent on the Building Code, and designer adoption of the National Fire Protection Association (NFPA) and International Building Contracting (IBC) guidelines. Due to recent tower fires, Dubai has been working towards adopting tougher fire regulations. The revisions in the UAE’s 2013 […]

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Homeowners Get Smart

Smart Homes Over the past few decades, technology has gradually developed and become more integrated into the built environment, influencing the way we live and work in our buildings.  “Smart Home” is the term commonly used to define a residence that has installations such as lighting, air conditioning, audio, video and security systems that are […]

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