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23 January 2019
Cavendish Maxwell secures a number of significant high-profile instructions in 2018 Firm’s valuation portfolio includes hotel and leisure establishments, mixed-use developments, grade A commercial space and industrial sector projects Adam Fitzpatrick appointed new Associate Partner for Business Development, with Khalil Alzadjali leading the operation Oman real estate market report to be launched in Q1 2019, highlighting key areas of growth […]
22 January 2019
· Rental and sales indices for Dubai’s real estate market in 2018 revealed· Report offers key insights into trends in the residential, office, retail and hospitality sectors· The firm casts outlook for real estate market in 2019, highlighting challenges and opportunities Cavendish Maxwell, a leading property consultancy and chartered surveying firm headquartered in Dubai, released its Property Market Report for […]
1 November 2018
Cavendish Maxwell weighs in on how Dubai’s residential real estate sector fared in Q3 of this year. Transacted prices for villas and townhouses settled lower than the 2017 average during Q3 2018, and the price gap between apartments and independent homes is narrowing. Prices for apartments are also shifting towards the lower end of the band, averaging $326,000 in Q3 2018. […]
1 October 2018
Jay Grant speaks to Jason Saundalkar about Cavendish Maxwell’s early days, real estate data platform Property Monitor and expanding into new territories. Independent property consultancy Cavendish Maxwell (CM) celebrates its tenth anniversary this month. The firm was founded by Jay Grant in October 2008, and he continues to be a driving force as chairman. Today, the firm has nine departments […]
16 August 2018
Cavendish Maxwell report provides an outlook for the Dubai hospitality real estate market segment as occupancy rates decline due to increased supply Overall occupancy rates increased by 0.5% in Dubai during 2017, predominantly due to expected supply not entering the market and an increase in recorded guest numbers. However, as of Q2 2018, increases in supply of 4% have outpaced […]
8 August 2018
Price and rent declines continued in the Dubai residential market during the second quarter of 2018. The latest data from the Property Monitor Index indicates that apartment and villa/townhouse prices have registered 12 month declines of 2.9% and quarterly declines of 1.1%. Buyers continue to be in the driving seat in the off-plan market. Developers are offering special incentives such […]
1 August 2018
Walker will be responsible for day-to-day management of the Project and Building Consultancy team supporting Head of Department, Craig Ross, to further develop the business line. Walker will add extensive international experience and knowledge which will strengthen the capabilities of the team. Walker brings over 13 years of building surveying and project management experience gained in both the UK and more […]
3 July 2018
Moe will be responsible for the continued development of Property Monitor, the real estate data platform, harnessing his extensive experience in software development and property and financial technology. Abeidat brings two decades of experience in technology leadership in Canada and the UAE, delivering world-class large-scale B2B and B2C solutions for various companies including NASDAQ listed ADP (NASDAQ: ADP) and Pelmorex […]
16 May 2018
Off-plan sales dominated the market in 2017 with attractive sales prices and payment plans for a wider base of buyers. During the same period, secondary market sales remained fairly consistent with traditional favourites Dubai Marina and International City leading the apartment tally and most recently Akoya Oxygen, Emirates Living and International City being the top performing areas for villas/townhouses. Since […]
2 March 2018
Ras Al Khaimah Residential Market Ras Al Khaimah’s real estate sector has seen a substantial increase in development activity and a change of demographics over the past 10-15 years. The emirate has witnessed rapid development of its tourism industry and increasing employment and economic activity in the manufacturing, industrial, retail, education and hospitality sectors. Additionally, the emirate offers wider freehold […]
