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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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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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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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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Dubai 2017: A Year in Review

Dubai 2017: A Year in Review The Dubai residential real estate market has seen a drastic shift in 2017 towards demand for off-plan properties and lower priced units and an upsurge in all transactions. According to the Dubai Land Department (DLD) over 50,000 transactions were completed from January to September. Other key factors that have […]

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