New Built G+11 Residential Tower – Dubai

Client: Instone Developments

Location: Dubai Silicon Oasis

Project Value: Confidential

Purpose: Snagging inspection and report

Project Background

Our client was acquiring a new build tower located in Dubai Silicon Oasis and instructed the Project and Building Consultancy team at Cavendish Maxwell to undertake a snagging inspection of the property prior to conclusion of the deal. Snagging inspections are essentially detailed condition surveys which follow the completion of construction works. They are undertaken to ensure that the works have been completed in accordance with the contract documentation, statutory requirements and good practice.

Our Services

We Our scope of work included a detailed inspection of all apartment units in the tower as well as all common areas, service rooms and external areas.

Our surveyors inspected the tower over a three-day period inspecting all areas in a methodical manner. This involved surveying each apartment on a room-by-room basis and inspecting each element, such as ceiling, walls, floor finishes, joinerywork, sanitaryware, lighting, small power and finishes, and recording any snagging items or defects using tablets and our bespoke in-house software.

Following issuance of our report to the client, they instructed the contractor to remedy all snagging items prior to acquisition. We inspected the building again once snagging works had been completed to check all items in our report had been remedied.

Following our final inspection, we reported back to the client that the snagging works had been completed and they were reassured that they were receiving a building in a good condition that was ready for occupation.

Paul has 20 years of experience in valuation and consultancy services and has worked in leading international practices across the UAE, Oman, Europe and the UK.

His professional knowledge encompasses all property asset classes including large, complex master plan developments of mixed-use properties in office, retail, industrial, leisure, hospitality and residential sectors. Paul is professionally qualified to value minerals, waste and recycling properties as well as environmental land considerations.

Paul’s client portfolio includes international and local banks, lending institutions, developers, investors, owner occupiers as well as accountants, legal firms and insolvency practitioners. As joint head of the Commercial Valuation department he is responsible for valuations of all property types. He ensures quality assurance and provides timely RICS Red Book/International Valuation Standard Council (IVSC) standard reports.

Sarah-Jane joined Cavendish Maxwell in January 2020 as Head of Marketing and is responsible for the development of the marketing strategy and execution across the Middle East region. An energetic and results driven marketer, Sarah-Jane possesses a wealth of multi-channel marketing experience, within both B2B and B2C environments which she has gained over a 25 year career. Prior to joining Cavendish Maxwell, Sarah-Jane held senior marketing positions for major developers in Dubai including Emaar, Dubai Properties and Dubai Sports City. She also worked for IWG as the Regional Marketing Director responsible for the MEA and APAC regions. Before relocating to the UAE in 2005, Sarah-Jane held various management roles in public and private sector companies in the UK including ten years at Royal Mail and seven years at the Bank of America.

Sarah-Jane is a member of the Chartered Institute of Marketing and has a BA(Hons) Degree in Business and Marketing

P P Varghese leads Cavendish Maxwell’s strategy and consulting team. Varghese comes with over 17 years’ experience gained through advising government, private and institutional clients on single-use, mixed-use, standalone, and master planned projects. He has been exposed to consulting and operations functions with his expertise spanning development planning and strategy, cost-benefit analysis, operational reviews and monitoring, hotel operator search and negotiations, as well as arbitration support and dispute resolution for hotel management agreements.

In his previous role, Varghese served as Partner - Real Estate Strategy and Consulting at Knight Frank Middle East. There he was responsible for advising clients on real estate development strategy, optimising department processes to enhance revenue, and developing client acquisition and retention strategies.

At Cavendish Maxwell, Varghese will lead an expert team that provides development advisory, feasibility, portfolio analysis and real estate research for all real estate asset classes and will identify new growth opportunities for the business.

Varghese is a Master of Management in Hospitality, majoring in real estate investments and finance from the Cornell School of Hotel Administration, Cornell University, New York.