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31 May 2021

Abu Dhabi, Dubai, Sharjah and Ajman record Dh68.6bn of property deals in Q1 amid bounce back

Four out of seven emirates in the UAE recorded Dh686 billion ($1852bn) of real estate transactions in the first quarter of this year, a sign the property market in the Arab world’s second-largest economy is bouncing back from a pandemic driven- slowdown Property deals...
21 March 2021

How can buildings in UAE navigate insurance implications of fires?

Building fires were listed among the top ‘site risks’ by the United Nations’ International Labour Organisation (ILO) in 2019 Over the years, safety holds multiple definitions for the industry, but the question remains: how has the industry adapted to be better equipped to tackle fires?  ...
18 March 2021

Is there scope for building inspections to continue remotely?

The construction industry is not unfamiliar to a digitally-driven way of working Technology has evidently been at the fore of construction, engineering and design processes For different fragments of the sector, this forced acceleration of technology generated varied results In some cases, processes were made more efficient...
9 March 2021

Cavendish Maxwell boosts consulting team with four members

Middle Eastern property consultancy Cavendish Maxwell has added a quartet of new hires to its team PP Varghese, Siraj Ahmed, Abbas Junejo and Shyam Panchal have all become part of Cavendish Maxwell’s strategy and consulting team, focused on providing real estate advisory services to...
14 February 2021

Cavendish Maxwell marks key appointments amid expansion

The team brings experience covering real estate consulting, operations, and investment in key sectors As part of this, PP Varghese has been appointed as Partner and will lead Cavendish Maxwell’s strategy and consulting team Varghese comes with over 17 years’ experience...
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...
22 April 2020

Cavendish Maxwell’s Q1 2020 UAE Property Market Report Now Released

Dubai, United Arab Emirates Fewer launches and a slowdown in handovers may help cushion prices: Cavendish Maxwell Q1 2020 UAE Property Market Report  Apartment prices in Dubai declined 12% over the 12-month period from Q1 2019 to Q1 2020 whilst villa/townhouse...
21 January 2020

Sharjah registers property transactions worth AED 24.2 billion in 2019

Total of 61,357 transactions recorded, up 134% from a year agoMost Sharjah city transactions recorded in Muwaileh Commercial, Al Khan, Al Nahda and Hoshi Sharjah recorded 61,357 real estate transactions in 2019, up 134% compared to 2018, according to data from the Sharjah Real Estate Registration Department (SRERD) ...
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 ...
25 September 2019

In Sharjah, developers are doing just fine for now

Dubai: Developers putting up prices on new releases; investors able to sell in the secondary market at rates higher than what they bought for — it’s all happening in Sharjah And yes, at a time when other property sub-markets in the UAE continue to see a contraction...
16 July 2019

Sharjah records property deals worth AED 14.7 billion in first six months of 2019

In all, 27,588 deals were recorded in the emirateResidential transactions accounted for 697% of the total transactionsGCC nationals were the biggest investors spending AED 118 billion Sharjah generated transactions worth AED 147 billion in the real estate market in the first six months of...

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