Property Monitor


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21 March 2021

How can buildings in UAE navigate insurance implications of fires?

Building fires were listed among the top ‘site risks’ by the United Nations’ International Labour Organisation (ILO) in 2019. Over the years, safety holds multiple definitions for the industry, but the question remains: how has the industry adapted to be better equipped to tackle fires?  The Sharjah Abbco Tower fire in May 2020, which gutted the “49-floor tower of 328 residential […]
21 March 2021

Should you rent or buy a home? UAE residents, experts offer six tips to help you decide!

Long-time UAE residents’ tips on how they decided whether to buy or rent in the UAE Dubai: The pandemic situation has created a high demand among the residents to upgrade the sizes of their homes for better living. Attractive property prices and favourable mortgage interest rates have further fueled people’s desire to move into a self-owned home instead of a […]
18 March 2021

Is there scope for building inspections to continue remotely?

The construction industry is not unfamiliar to a digitally-driven way of working. Technology has evidently been at the fore of construction, engineering and design processes. For different fragments of the sector, this forced acceleration of technology generated varied results. In some cases, processes were made more efficient and smooth, however, the switch to a remote way of working potentially posed […]
9 March 2021

Cavendish Maxwell boosts consulting team with four members

Middle Eastern property consultancy Cavendish Maxwell has added a quartet of new hires to its team. P.P. Varghese, Siraj Ahmed, Abbas Junejo and Shyam Panchal have all become part of Cavendish Maxwell’s strategy and consulting team, focused on providing real estate advisory services to clients across sectors including residential, commercial, industrial, retail, education, hospitality, and leisure and entertainment. Appointed a […]
4 March 2021

Has Dubai’s office market changed for the better or worse?

The ongoing pandemic has put a spanner in the works for Dubai’s office market. But, is the situation getting worse before it gets better? Perhaps, not, but what’s certain is that the office market is changing in response to the current situation. New work arrangements and workplace strategies induced by the ongoing pandemic have created the need for changes in […]
3 March 2021

Office space per employee: what is happening?

One of the most important—and often overlooked—space metrics is space-per-person . It is the measure of how much space an employee needs to work comfortably and productively. Back in 2012, architects and planners Gensler identified certain benchmarks according to type of firm and required square metre per employee.  For call centres, it ranged from 5-16 m2; for technology firms, between 11-14m2, […]
28 February 2021

UAE: What does a list price mean in real estate, and how do you make the most of it?

First-hand tips from buyers and sellers on how they got or fixed the best price on a house Dubai: The price tag of a house listed on property portals is one of the first things that draw homebuyers’ interest towards a real estate unit in the UAE. However, even when the potential home looks perfect, if the price doesn’t align […]
14 February 2021

Cavendish Maxwell marks key appointments amid expansion

The team brings experience covering real estate consulting, operations, and investment in key sectors As part of this, P.P. Varghese has been appointed as Partner and will lead Cavendish Maxwell’s strategy and consulting team. Varghese comes with over 17 years’ experience gained through advising government, private and institutional clients on single-use, mixed-use, standalone, and master planned projects. His expertise spans […]
13 February 2021

Dubai: Rent a villa for Dh37,000 to Dh85,000 in these areas

Latest trends indicate that Dubai tenants have been increasingly moving from apartments to villas and townhouses since the outbreak of the Covid-19 pandemic. The trend is driven by families’ need to have more space. Several residents continue to work from home and their children learn online. This change in tenants’ preference was reflected in data released by Chestertons, which suggested […]
8 February 2021

Abu Dhabi hotel performance ‘on par’ with Dubai says report

UAE capital city Abu Dhabi reported hotel occupancy rates ‘on par’ with Dubai by the end of 2020, according to a report from Cavendish Maxwell. Citing data from STR Global, the UAE Property Market Report hailed Abu Dhabi for its range of measures to stem the spread of COVID-19. Between 30 November and 6 December, Abu Dhabi had higher occupancy than neighbouring […]
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