Perfect Time to Buy?

Property Monitor’s Moe Abeidat discusses buying property in Dubai and the factors that influence purchasing decisions. One thing that stood out, amidst our last sprint to publish Cavendish Maxwell and Property Monitor’s Q3 2018 Residential Market Report for Dubai, is how today’s average prices for a villa/ townhouse and apartment, $517,000 and $327,000 respectively, are […]

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Q3 Dubai Real Estate in Focus

Cavendish Maxwell weighs in on how Dubai’s residential real estate sector fared in Q3 of this year. Transacted prices for villas and townhouses settled lower than the 2017 average during Q3 2018, and the price gap between apartments and independent homes is narrowing. Prices for apartments are also shifting towards the lower end of the band, […]

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Further Lessons from Tragedy

Cavendish Maxwell’s Craig Ross discusses developments in fire safety standards in the UK and UAE. Following my article in August 2017 on the subject of building fires in Dubai, and following the Grenfell fire tragedy in the UK, there have been several interesting developments in both the UK and the UAE, in terms of fire safety […]

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Acting on Intuition

Jay Grant speaks to Jason Saundalkar about Cavendish Maxwell’s early days, real estate data platform Property Monitor and expanding into new territories. Independent property consultancy Cavendish Maxwell (CM) celebrates its tenth anniversary this month. The firm was founded by Jay Grant in October 2008, and he continues to be a driving force as chairman. Today, […]

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DUBAI HOSPITALITY MARKET FOCUS: 2018-2020

Cavendish Maxwell report provides an outlook for the Dubai hospitality real estate llUlU”ket segment as occupancy rates decline due to increased supply Overall occupancy rates increased by 0.5% in Dubai during 2017, predominantly due to expected supply not entering the market and an increase in recorded guest numbers. However, as of Q2 2018, increases in […]

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Q2 2018 Dubai residential market overview

Price and rent declines continued in the Dubai residential market during the second quarter of 2018. The latest data from the Property Monitor Index indicates that apartment and villa/townhouse prices have registered 12 month declines of 2.9% and quarterly declines of 1.1%. Buyers continue to be in the driving seat in the off-plan market. Developers […]

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Cavendish Maxwell appoints Benjamin Walker MRICS, Associate Partner in Project and Building Consultancy.

Walker will be responsible for day-to-day management of the Project and Building Consultancy team supporting Head of Department, Craig Ross, to further develop the business line. Walker will add extensive international experience and knowledge which will strengthen the capabilities of the team. Walker brings over 13 years of building surveying and project management experience gained in […]

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Delivering a new economic future

Moe Abeidat, CTO at Property Monitor, analyses what sort of impact the latest amendments to residency laws in the UAE will have on the country’s real estate market This May, the UAE Cabinet announced a number of amendments to current residency laws, a move that has created a stir in the country’s real estate market, […]

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Property Monitor appoints Moe Abeidat, Chief Technology Officer(CTO)

Moe will be responsible for the continued development of Property Monitor, the real estate data platform, harnessing his extensive experience in software development and property and financial technology. Abeidat brings two decades of experience in technology leadership in Canada and the UAE, delivering world-class large-scale B2B and B2C solutions for various companies including NASDAQ listed […]

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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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