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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 […]
2 February 2018
The Ajman residential property market has in the past primarily catered to residents looking for a cheaper alternative to neighbouring emirates of Sharjah and Dubai. During the market peak of 2011 and beyond, residential projects closer to the Sharjah border fulfilled the demand for affordable housing for expatriates who made up 83% of the total population in 2015 and have […]
31 January 2018
Declines in residential property prices averaged 1.8% for apartments and 2.4% for villas/townhouses across Abu Dhabi investment zones over 12 months Declines in residential property rents averaged 3.3% for apartments and 3.7% for villas/townhouses across Abu Dhabi investment zones over 12 months 2017 witnessed limited handovers in Abu Dhabi investment zones, amounting to 2,400 units Abu Dhabi, 31 January 2018: […]
21 January 2018
Residential property prices registered 12 month decline of 2% on average while rents declined by 4% Off-plan residential properties accounted for most of the total transfers during the year, with more than 24,900 transactions in 2017 Over 21,600 units were handed over in Dubai during 2017 Property Monitor Residential Survey reveals that for Q1 2018 the majority of agents are […]
2 January 2018
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
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
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
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
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, […]
