21 June 2017

Commercial insurance

Commercial insurance is vital for businesses to be fully insured and protected should the worst-case scenario happen. The commercial insurance plans can vary, however generally they cover the cost of rebuilding or repairing equipment, machinery, business premises and replacing stock. The risks facing businesses include fire, theft, weather damage, flooding, burst pipes and overall damage. This type of insurance essentially […]
6 June 2017

Cavendish Maxwell bolsters UAE presence with new office and head of Abu Dhabi

Cavendish Maxwell continues its ambitious growth by appointing Sohail Raja as head of its Abu Dhabi office, which has recently relocated to Abu Dhabi Mall. Sohail joins Cavendish Maxwell from Chestertons where he spent three years as director and branch manager of Abu Dhabi and head of valuations. Sohail is a qualified chartered surveyor with a proven track record of […]
4 June 2017

Capital Property

Property Monitor saw price declines continue in Abu Dhabi during Ql of 2017. Apartments in Al Ghadeer, Al Reef Downtown, and villas in Al Raha Gardens and Al Reef all experienced annual declines of more than 1.0% on average. Downward pressure on housing demand is expected to continue in Abu Dhabi, due to job uncertainty resulting from high-profile mergers of […]
31 May 2017

Cavendish Maxwell appoints new partner Fast growing real estate firm expands their machinery and business assets department

Cavendish Maxwell announced today that Patrick Ditcham has joined the firm as a partner and joint head of their machinery and business assets department. Patrick Ditcham joins Cavendish Maxwell from the UK where he was a director working for Lambert Smith Hampton. Patrick is a chartered surveyor with over 28 years’ valuation and auctioneering experience in many locations around the […]
18 May 2017

IASB finalises fundamental overhaul of insurance accounting

Alert by IFRS The International Accounting Standards Board (the Board) has today issued IFRS 17 Insurance Contracts. This first truly international IFRS® Standard for insurance contracts will help investors and others better understand insurers’ risk exposure, profitability and financial position. IFRS 17 replaces IFRS 4, which was brought in as an interim Standard in 2004. IFRS 4 has given companies […]
10 April 2017

Cavendish Maxwell releases Q1 2017 Dubai and Abu Dhabi Residential Reports

Marginal price declines continue, averaging 1.0% year on year for apartments and villas in Dubai and Abu Dhabi in Q1 2017 Average rents in Q1 2017 have declined moderately compared to the fourth quarter Cavendish Maxwell Residential Survey reveals that for Q2 2017 the majority of agents predict apartment and villa prices as well as rents to remain unchanged Cavendish […]
6 April 2017

Q1 2017 Abu Dhabi Residential Market Report

This complimentary report provides analysis and summary of apartment and villa properties in Abu Dhabi. The report highlights macro-economic factors impacting the residential market. The report also covers price and rent performance, transaction overview and residential supply in key communities for Q1 2017.
6 April 2017

Q1 2017 Dubai Residential Market Report

This complimentary report provides analysis and summary of apartment and villa properties in Dubai. The report highlights macro-economic factors impacting the residential market and introduces the Dubai House Price index, which tracks average prices since 2008. The report also covers price and rent performance, transaction overview and residential supply in key communities, as well as results from the recent Residential […]
13 March 2017

The Building Reserve Fund Study

The Real Estate Regulatory Authority (RERA) sets specific guidelines and legislation concerning the management of jointly owned properties in Dubai. Defined as ‘the whole or part of a building or land, divided into units intended for separate ownership’1, jointly owned properties include apartments, villas, and whole communities sharing common areas. The overall building or land is typically managed by a […]
13 March 2017

Mortgage of Movable Assets – a new Federal Law in the UAE

In a move that will be welcomed by financial institutions across the UAE, Federal Law No. 20 of 2016 concerning the Mortgage of Movable Assets to Secure a Debt (“Law”) has been passed. We are not aware as yet when the Law will be published (if not already), however the Law will come into force 90 days from publication. The […]
15 December 2016

Q4 2016 Abu Dhabi Residential Market Report (Arabic)

This complimentary report provides analysis and summary of apartment and villa properties in Abu Dhabi investment zones. The report highlights price movements, rents and yield scenarios, residential supply as well as the macro-economic factors impacting this segment.
15 December 2016

Q4 2016 Abu Dhabi Residential Market Report

This complimentary report provides analysis and summary of apartment and villa properties in Abu Dhabi investment zones. The report highlights price movements, rents and yield scenarios, residential supply as well as the macro-economic factors impacting this segment.
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