Opinion
Hear our experts’ take on the latest developments and trending topics
6 March 2019
Healthy macroeconomics: What ought to distinguish an economic from a purely market perspective on real estate is as close a focus as possible on why market variables are performing the way they are, as a guide to how much they are likely to change in the future. The starting point, as ever, is macroeconomics. Studies in OECD countries, which now date back […]
31 January 2019
A market in perspective: Economists are a sober lot, generally. Facts alone do not satisfy us. At a macro-economic level, our interests lie predominantly in the relationships between economic indicators, market performance and policy-based decision-making. We are generally wary of speculation, preferring to base our analysis on the links between economic data wherever possible. Identifying the reasons behind the performance […]
1 November 2018
Property Monitor’s Moe Abeidat discusses buying property in Dubai and the factors that influence purchasing decisions. One thing that stood out, amidst our last sprint to publish Cavendish Maxwell and Property Monitor’s Q3 2018 Residential Market Report for Dubai, is how today’s average prices for a villa/ townhouse and apartment, $517,000 and $327,000 respectively, are approximately the same as in […]
1 October 2018
Cavendish Maxwell’s Craig Ross discusses developments in fire safety standards in the UK and UAE. Following my article in August 2017 on the subject of building fires in Dubai, and following the Grenfell fire tragedy in the UK, there have been several interesting developments in both the UK and the UAE, in terms of fire safety standards. While the Grenfell enquiry […]
10 July 2018
Moe Abeidat, CTO at Property Monitor, analyses what sort of impact the latest amendments to residency laws in the UAE will have on the country’s real estate market This May, the UAE Cabinet announced a number of amendments to current residency laws, a move that has created a stir in the country’s real estate market, with a number of […]
2 March 2018
A noticeable shift in trend in the construction sector during 2017 has been a growing awareness amongst clients and consultants of the ageing building stock in the region. Words like refurbishment, retrofit and re-use have become commonplace in meetings, conferences and debates, and the ‘existing building problem’ is the elephant in the room that is conveniently avoided when looking at […]
9 January 2018
Prior to 2010, the UAE had limited fire regulations, the design of towers being dependent on the Building Code, and designer adoption of the National Fire Protection Association (NFPA) and International Building Contracting (IBC) guidelines. Due to recent tower fires, Dubai has been working towards adopting tougher fire regulations. The revisions in the UAE’s 2013 Fire and Life Safety Code […]
5 December 2017
Smart Homes Over the past few decades, technology has gradually developed and become more integrated into the built environment, influencing the way we live and work in our buildings. “Smart Home” is the term commonly used to define a residence that has installations such as lighting, air conditioning, audio, video and security systems that are capable of communicating with one […]
3 December 2017
The Rise of the Online Auction Most people in the GCC are fully aware of what an auction is nowadays, with regular sales of contractors’ plants, number plates, vehicles, camels and fine art held across the region. However, the online auction is a relatively new concept to the region. Online auctions are carried out similarly to traditional auctions, with the […]
2 November 2017
Recently while I was looking through one of the news feeds that often ping into my inbox, I came across news that a Komatsu HD 605-7 dumper truck which is currently been used in a quarry in Switzerland, is now being converted to a fully electric machine which the owners state will be the world’s biggest electric vehicle. This comes […]
1 October 2017
Nick Constantine, senior surveyor at Cavendish Maxwell, looks at how advancements in building material technology are changing how we view the fundamentals of construction. As many of the world’s leading technological hubs maintain focus on transforming into smart cities that use information communication technology (ICT) and the internet of things [loT] to integrate city-wide infrastructure, the buildings we live and work in […]
4 September 2017
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 […]