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Saudi housing: A wicked problem?

The characteristics of ‘wicked’ problems certainly apply to the conundrum of developing housing policy for the growing population of Saudi Arabia. Read more in the latest article by our Chief Economist Julian Roche.

How will Covid-19 impact hotel valuation?

Banks and developers are pondering the extent of the impact of Covid-19 on hospitality assets and how value will be determined in light of the increased uncertainty. Anticipating these concerns, we have calibrated our valuation reports to stay ahead of the market and provide a deeper analysis of the evolving situation.

The Residential Investor Jigsaw Part Two: Capital Values

After exploring yields in Part One of our three-part series to analyse total returns, we now look at capital values as a measure that drives investment portfolios.

2020 Saudi Arabia Property Market Report

In our latest report we take a look at the performance of Saudi Arabia’s real estate market with a focus on the measures introduced to mitigate the economic impact of the COVID-19 contagion.

Yields and Recovery: Four major questions

What determines yields? Real estate yields are usually defined as net income receivable over transaction price paid. Both terms are subject to varying definitions, whilst yields themselves apply to initial investments on exit or over a given lifetime. A standard yield model uses three independent variables: the risk-free rate, the expected rent, and the risk premium[1], all of which assume […]

Property Price Indexes for the UAE

Why build a price index? Real estate market participants want to know what is happening to key market indicators. Amongst these indicators, prices are the most important. Construction, investment, sales and portfolio forecasts and decisions all rest on which way prices have moved, and by how much. The recent history of a real estate market’s performance is a collection of […]

Latest News

GCC’s education sector: Paving the way ahead

In the aftermath of the Covid-19 pandemic, amid a perennial pursuit of digitisation to empower education, how bright is the outlook for the GCC’s education sector? Benjamin Franklin said: “An investment in knowledge pays the best interest.” Recognising education as a fundamental stepping stone to economic and social development, several nations worldwide have invested heavily in their academic spaces. Effective […]

Real estate prices in Saudi Arabia continue recovery

One-bedroom apartment prices averaged 875,000 riyals in Jeddah Real estate prices in Saudi Arabia rose 1.2 per cent year-on-year during the first quarter, largely driven by residential property prices as government initiatives to promote home ownership among its citizens underpin activity. Residential property prices, which had been falling due to a decline in the number of expats, rose 2.1 per […]

Residential property prices rose 2.1% y-o-y in Q1 2020

Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the Middle East, released its Saudi Arabia Property Market Report for 2020 comprising key property data and trends for the country’s real estate sector. The industry report was compiled by the firm’s in-house strategic consulting and research team, and covers key data and overviews into the residential, office, retail, […]

2020 Saudi Arabia Property Market Report now released

Dubai, United Arab Emirates Residential sector drives real estate price increase in Q1 but recovery may face headwinds: 2020 Saudi Arabia Property Market Report • In Q1 2020, residential property prices rose 2.1% year-on-year, whilst commercial real estate declined 0.5% during the same period. • Some hotels have been transformed into quarantine centres to curb the spread of COVID-19, raising […]

Rents continue soft slide in Northern Emirates

Ajman absorbs biggest rent drop at 19% annually As average apartment rents across the Northern Emirates remained under pressure during the first quarter, falling by 12 per cent year-on-year, analysts expect the trend to continue amid the coronavirus pandemic. According to data from Cavendish Maxwell, average annual rents in Sharjah range from Dh16,500 for a studio to Dh42,000 for three-bedroom […]

Dubai property prices are just 10.4% away from 2009 levels

Property Monitor Dynamic Price Index revealed prices are down almost 30% since peak of 2014. Property prices in Dubai are down almost 30 percent from the market peak in September 2014 and are just 10.4 percent away from the trough of April 2009, according to the latest Property Monitor Dynamic Price Index. Prices in the emirate saw a marginal increase […]
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