News
Stay up to date with the latest market news
25 October 2024
Dubai currently has around 720 hotels with nearly 150,000 rooms between them. In H1 this year, 2,700 new rooms came to the market – and another 10,000 are set to delivered by the end of 2025. Our latest research shows that hotels in the 4-star category saw the biggest growth this year compared to 2023. There’s also been a surge […]
25 October 2024
Dubai– Leading real estate advisory and property consultants Cavendish Maxwell announces the appointment of Vidhi Shah MRICS as Partner and Head of Commercial Valuation. With more than 15 years’ experience and a robust track record in property valuations and financial modelling across the UAE, Vidhi specialises in advising financial institutions, corporations and government entities on valuations for a diverse range […]
9 October 2024
International real estate consultancy Cavendish Maxwell has made six promotions across its office footprint in the Middle East. Yousir Habib has been promoted to Associate Partner, focusing on Sharjah and the Northern Emirates. He has been with Cavendish Maxwell since 2014, growing the ranks within the Valuation practice. Over the years, Habib has developed extensive expertise across the residential and commercial sectors and […]
30 September 2024
More than 2,700 new hotels rooms were delivered in Dubai in the first half of 2024, with a further 10,100 set to come on to the market by the end of 2025, according to new research by leading real estate advisory group and property consultant, Cavendish Maxwell. Dubai added 12 hotels to its inventory between 1 January and 30 June […]
27 August 2024
The Middle East and North Africa is forecast to see a rapid increase in hotel construction over the next 12 months, led in particular by high-end properties in Saudi Arabia and Egypt, new industry data suggests. During the second quarter of 2024 there were 607 projects and 147,088 rooms in the overall regional pipeline at the end of June. This […]
20 August 2024
Cavendish Maxwell, a leading independent firm of chartered surveyors and property consultants operating across the Middle East, announces the appointment of Nick Witty as Group Chief Executive Officer. With over three decades of international real estate experience, Nick holds an impressive track record in strategic leadership, business development, and client service excellence. His vast real estate experience includes a background […]
25 March 2024
Cavendish Maxwell, a leading property consultancy firm in the Middle East, is pleased to announce the recent additions to its Commercial Valuation team, Pawel Banach and Jessica Price. Pawel joins as Partner, bringing over two decades of extensive experience in commercial and residential real estate, while Jessica joins as Associate Partner, with 11 years of experience in real estate valuation and advisory. Pawel, […]
14 March 2024
Cavendish Maxwell, a leading independent firm of chartered surveyors and property consultants in the Middle East, is pleased to announce the recent promotions of Jessica Taylor, Kamraan Khan, Siraj Ahmed and Zacky Sajjad, showcasing the company’s commitment to recognising and advancing talent within its ranks. In a significant move, Jessica Taylor has been promoted to the position of Group Chief Operating Officer. Since joining the company in […]
11 January 2024
Cavendish Maxwell, a leading independent firm of chartered surveyors and property consultants in the Middle East, is pleased to announce the appointment of Kieran Burley as the new Head of its Commercial Agency team. With over 17 years of experience in the UAE real estate market, Kieran brings a wealth of expertise from both developer and client-side perspectives. In his […]
5 December 2022
Cavendish Maxwell, the UAE’s leading real estate advisory and largest property valuation firm, has announced that it will be acquiring a majority stake in real estate technology and market intelligence specialists Property Monitor. This acquisition marks the first move from Cavendish Maxwell in establishing a real estate innovation hub aimed at bridging the gap between traditional expertise and artificial intelligence […]
