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10 March 2025
Rents in Dubai South and communities along Sheikh Mohammed bin Zayed Road saw the highest increase in 2024, jumping up to 30 per cent, according to the latest data released by Cavendish Maxwell. Average rents were up in most Dubai residential areas during 2024, the data revealed. For apartments, the biggest hikes were in Dubai South, where rents were 30 […]
7 March 2025
A Dubai real estate report has identified the neighbourhoods with the largest price and rent increases, the fastest growing areas and which districts have the best rental returns for investors. Dubai’s residential property market soared to new heights in 2024, with a record-breaking 169,000 sales – an increase of 42 per cent on 2023, according to Cavendish Maxwell. Prices saw […]
7 March 2025
Dubai’s residential property market supply looks strong, with 243,000 new units in the pipeline for delivery. This will stabilise prices and rents and ease pressure on tenants. According to real estate advisory and property consultancy Cavendish Maxwell, these units will be delivered by the end of 2027, with apartments accounting for 80 per cent of the future inventory. It noted […]
6 March 2025
Dubai – Dubai’s residential property market soared to new heights in 2024, with a record-breaking 169,000 sales – an increase of 42% on 2023, says leading real estate advisory and property consultant, Cavendish Maxwell. Prices saw sustained increases during the year, ending 0.9% up month-on-month in December, and 3.1% higher than the previous quarter. Year-on-year, prices rose 16.5%, with the cost […]
19 February 2025
Kuwait is gradually opening its real estate market to foreign ownership. It has now updated its law to allow entities licensed by the Kuwait Direct Investment Promotion Authority (KDIPA), companies listed on the Kuwaiti stock exchange and licensed real estate funds and investment companies to own property in the country for their operations or for employee housing. While limited in […]
26 January 2025
A series of recent initiativesunveiled by the UAE are set to improve the country’s property sector and attract more investment to a market that has already seen major growth last year. Earlier this month, the Dubai Land Department launched a smart rental index with a classification and a rating system from one to five stars for residential buildings, while the UAE Central […]
10 December 2024
Hotels in Dubai and Saudi Arabia are so good they deserve more than a five-star rating and are superior to properties in the US and Europe, according to new research. Hotel ratings across the globe are at risk of becoming outdated and no longer fit for purpose, according to Dubai-based real estate advisory group Cavendish Maxwell. The company is calling for […]
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 […]