Property Monitor
4 September 2017

The Challenge Ahead

Nick Constantine, senior surveyor in the Project and Building Consultancy department at Cavendish Maxwell, says that while green building legislation is a welcome development in the UAE, there is still plenty of work to do. Green building put simply, is the development of high quality buildings that have as minimal of an effect on the environment as possible, both during […]
4 September 2017

Opportunity in the shifting sands

With the region mulling high-speed transport options, machinery companies and dealers stand to gain from supplying the technology and maintenance that will go into keeping the projects running in a sandy environment, says Patrick Ditcham, head of machinery and business assets at Cavendish Maxwell. Recently, there has been a lot of interest in the press and on social media about […]
3 August 2017

Identify and audit – lessons from a tragedy

In response to the Tamweel Tower fire back in 2012 there was a revision of legislation in Dubai regarding the combustibility of cladding and provision of fire stops in voids, two major sources of fire spreading. Since the Tamweel fire, Dubai has seen further fires break out exposing similar cladding issues including Torch and Salafa towers in Dubai Marina, and the Address […]
3 August 2017

Value your worth

The top five reasons to get your machinery and business assets valued Do you know what your business and machinery assets are worth? As we are now in the thick of the hot, quiet summer months, this quite often leads to a period of inactivity. Therefore, this is just the right time to start looking at those tasks which tend […]
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 […]
27 April 2017

Real Estate Development Consulting in the UAE

The key profit drivers for a real estate development project occur in the initial project stages. It is a saying in the development industry that the later you discover a problem, the more expensive it is to fix it – for example, revising an electrical design is less costly than re-doing electrical work on a construction site. A development project […]
13 March 2017

Underinsurance Part 2 – Protecting your business and personal assets.

 Formal business entities provide additional liability coverage So, clearly, in order to fully protect your business and personal assets, you need more than insurance. You need to take steps to place assets beyond the reach of your creditors. One of the most important steps to take is to conduct your business in a manner that separates business assets from your […]
13 March 2017

Underinsurance Part 1 – Why you’re not as protected as you think you are

As a business owner, you face two perils that your employees do not face. First, you run the risk of having your personal assets seized to pay off your business creditors, whether the threat comes in the form of vendors demanding payment or lawsuits arising from your business. And, conversely, you also run the risk of having your business destroyed […]
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 […]
7 March 2017

Tips for first time home buyers in Dubai

If you’re sitting on the fence about purchasing versus renting this year, begin with doing your homework. Here are some handy tips to make your decision easier: When purchasing completed properties for self-use: Identify 2-3 locations to look at based on your budget and key needs, such as actual unit size requirement (which varies from one project to another even […]

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