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30 September 2024

Dubai delivered over 2,700 new hotel rooms in H1 2024, with 75% in high end category

More than 2,700 new hotels rooms were delivered in Dubai in the first half of 2024, with a further 10,100 set to come on to the market by the end of 2025, according to new research by leading real estate advisory group and property consultant, Cavendish Maxwell ...
27 August 2024

Mena hotel construction to focus on Saudi Arabia and Egypt

The Middle East and North Africa is forecast to see a rapid increase in hotel construction over the next 12 months, led in particular by high-end properties in Saudi Arabia and Egypt, new industry data suggests During the second quarter of 2024 there were...
11 June 2020

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...
14 January 2020

2019 UAE Property Market Report now released

Dubai, United Arab Emirates Prices and rents extend decline but select communities buck the trend:Cavendish Maxwell 2019 UAE Property Market Report  Average apartment prices in Dubai declined by 15% between Q4 2018 and Q4 2019 and...
16 October 2019

Cavendish Maxwell’s Q3 UAE Property Market Report Now Released

Dubai, United Arab Emirates Affordable properties spur transactions in a relatively soft market: Cavendish Maxwell Q3 UAE Property Market Report  Average apartment prices in Dubai declined 165% in Q3 2019 from Q3 2018, and villa/townhouse ...
15 July 2019

Challenging market conditions continue in Q2 2019: Cavendish Maxwell UAE Property Market Report

Rental declines for apartments in Dubai averaged 125% and rents for villas/ townhouses similarly fell 126% in Q2 Average apartment prices in Dubai declined 151% in Q2 2019 from Q2 2018, and villa/townhouse prices declined by 147% during the same period   Rental declines for apartments in Dubai averaged 125% and rents for villas/ townhouses similarly fell 126% in Q2...
16 May 2019

New freehold investment opportunities signal change in real estate market in the northern emirates

One of the key developments over the past year has been the increasing diversity of asset types available for investment in real estate in the northern emirates Previously, areas like Sharjah, Ras Al Khaimah and Ajman offered limited options for freehold properties open to all nationalities, while...
2 May 2019

Ras Al Khaimah aims to boost tourist numbers from Europe with new deals

Emirate aims to attract 15 million visitors by 2021 New deal to promote RAK’s famous beaches, forts and other sights Deal was signed by RAK TDA and the ECTAA Ras Al Khaimah Tourism Development Authority (RAK TDA) and...
2 March 2018

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...
2 January 2018

Sharjah Economic and Residential Property 2017 Review

Sharjah, the third largest emirate with a total land area of around 2,600sqkm, borders Dubai to its south, Ajman and Umm Al Quwain to its north and Ras Al Khaimah to its east Sharjah has become an...

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