News

Dubai – Dubai is set to deliver 415,000 square metres of new office space by the end of 2026, with the majority of new inventory in the A-grade category, according to new research from leading real estate advisory and property consultant, Cavendish Maxwell. 185,000 sqm of new space is due to come to market this year, with another 230,000 sqm in […]

Dubai’s office space inventory will expand by 415,000 square metres by the end of 2026, with most new developments falling into the A-grade category, according to research from Cavendish Maxwell. The property consultant reports that 185,000 square metres will enter the market this year, followed by 230,000 square metres in 2026. This expansion will increase Dubai’s total office space inventory to […]

Dubai – Leading real estate advisory group and property consultant, Cavendish Maxwell, has concluded the sale of Property Monitor in line with its business growth strategy. The sale to Dubizzle Group comes as Cavendish Maxwell enters a key phase in its Middle East expansion, which includes launching new service lines and venturing into new markets, such as KSA. Jay Grant, Founder, […]

Demand for homes in super tall towers being built in the UAE continues to increase, with developers expecting billions of dirhams in sales from a property boom in the Emirates. Dubai is already home to the world’s tallest tower, the 828-metre Burj Khalifa, and last year, Azizi Developments revealed plans for a Dh6 billion ($1.63 billion) tower called Burj Azizi, designed to stand 725 metres tall […]

Abu Dhabi property market pipeline looks strong as 38,700 new units are set to come to market by 2028, easing pressure on rising prices in the UAE capital, according to property consultant, Cavendish Maxwell. The residential real estate sector in the UAE capital is poised for further growth this year and beyond, fuelled by increased demand and strategic Government initiatives as around 10,800 new units […]

Demand for residential property is on the rise in Abu Dhabi, where 38,700 new units are set to come to market by 2028, according to Cavendish Maxwell. Following a strong performance in 2024, with 9,700 sales transactions worth a total AED26bn ($7.1bn), the residential real estate sector in the UAE capital is poised for further growth this year and beyond. Optimism […]

More than 11,300 new hotel rooms are to open across Dubai by 2027, with almost 4,620 coming to the market this year, according to a new study by Cavendish Maxwell. These new rooms are estimated to create thousands of new direct and indirect jobs across Dubai’s hospitality, retail, transport, F&B and other sectors over the next two years. “The addition of 11,300 […]

More than 11,300 new hotel rooms are set to open across Dubai by 2027, with almost 4,620 coming to the market this year, according to Cavendish Maxwell. Dubai added 4,255 rooms across 19 hotels to its inventory in 2024, representing year-on-year growth of almost 3 per cent. As of December, the city boasted 724 hospitality establishments, with 151,245 keys between them, according […]

Dubai: Dubai’s hotel sector is experiencing an impressive expansion, with over 11,300 new rooms expected to enter the market by 2027. Nearly 4,620 rooms are set to open in 2024 alone as the city continues to attract global attention, especially for a large group of high net-worth individuals (HNIs). Property consultant Cavendish Maxwell said the city added 4,255 rooms across […]

Dubai – More than 11,300 new hotel rooms are set to open across Dubai by 2027, with almost 4,620 coming to the market this year, says leading real estate advisory group, Cavendish Maxwell. Dubai added 4,255 rooms across 19 hotels to its inventory in 2024, representing year-on-year growth of almost 3%. As of December, the city boasted 724 hospitality establishments, with […]