Property Monitor


Stay up to date with the latest market news

2 January 2018

Sharjah Economic and Residential Property 2017 Review

Sharjah, the third largest emirate with a total land area of around 2,600sqkm, borders Dubai to its south, Ajman and Umm Al Quwain to its north and Ras Al Khaimah to its east. Sharjah has become an alternative rental housing option to Dubai, due to the availability of lower-cost housing and regular migration between Sharjah and Dubai. Coupled with this, […]
3 December 2017

Dubai 2017: A Year in Review

The Dubai residential real estate market has seen a drastic shift in 2017 towards demand for off-plan properties and lower priced units and an upsurge in all transactions. According to the Dubai Land Department (DLD) over 50,000 transactions were completed from January to September. Other key factors that have affected the real estate market in 2017 include off-plan supply, innovative […]
18 November 2017

Standing out in the Middle East

A fast-growing company in a fast-growing city, both leading the way with disruptive ideas and technology. Cavendish Maxwell in Dubai, why does it stand out? Standing out means being disruptive. Being innovative. Identifying opportunities in markets that others haven’t fully tapped into. Forging an unconventional path through a continually changing real estate landscape by doing things differently. We are not […]
5 November 2017

Abu Dhabi Q3 Residential Market Review

Housing demand in Abu Dhabi is primarily a factor of job growth and resultant population growth, particularly of the white-collar labour force. According to the latest available data from the Statistics Centre Abu Dhabi, the total population for the emirate stood at 2.9 million in 2016, rising by nearly 9% since 2014, which was the last residential market peak. In […]
1 November 2017

Affordable Demand

Dubai Q3 residential market review In 2017 residential property transaction prices traded within a close range of AED 1.25 to 1.5 million for apartments and AED 1.7 to 2.1 million for villas/townhouses on average. The lower priced inventory continued to enter the market in locations such as Dubailand for villas and Dubai South, Jumeirah Village Circle and Al Furjan for apartments, […]
10 October 2017

Property Monitor to provide detailed real estate statistics and data to Bloomberg Investors Terminal

Property Monitor just became the only real estate data source in the United Arab Emirates (UAE) to provide a real-time real estate index to Bloomberg to display on their terminal. As of October 2016, there were 325,000 Bloomberg Terminal subscribers worldwide. The Bloomberg Terminal is a computer software system provided by the financial data vendor Bloomberg that enables professionals in […]
5 October 2017

Cavendish Maxwell releases Q3 2017 Dubai Residential Report

Marginal price declines continue, averaging 1.2% year on year for apartments and 1.4% for villas/townhouses in Dubai during Q3 2017 Average rents in Q3 2017 have declined at a faster pace than prices over the last twelve months Property Monitor Residential Survey reveals that for Q4 2017 the majority of agents are predicting apartment and villa/townhouse prices as well as […]
1 October 2017

Dubai Market Report

Manika Dhama, senior consultant at Cavendish Maxwell, comments on how Dubai’s residential market fared during Q2 and Q3 of this year. The number of transactions for off-plan properties on the first day of Cityscape in 2017 increased three times, from 37 to 106, year-on-year. This is a significant leap in activity compared to previous years. This wasn’t the only record […]
2 August 2017

Leading Middle East property consultancy Cavendish Maxwell opens first office in Oman

Cavendish Maxwell, the UAE-based property consultancy, is strengthening its Middle East presence with the opening of a new office in Muscat, Oman. It marks another key milestone for the firm following the successful relocation of its Abu Dhabi office in May 2017. Cavendish Maxwell’s founder and chairman, Jay Grant, said “the move is part of an ambitious yet sensible expansion […]
13 July 2017

Cavendish Maxwell releases Q2 2017 Dubai and Abu Dhabi Residential Reports

Marginal price declines continue, averaging 1% year on year for apartments and villas/townhouses in Dubai and 2% in Abu Dhabi during Q2 2017 Average rents in Q2 2017 have declined moderately compared to the fourth quarter of 2016 Cavendish Maxwell Residential Survey reveals that for Q3 2017 the majority of agents predict apartment and villa prices as well as rents […]
Quick Links
Follow us