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7 April 2021
The Royal Institution of Chartered Surveyors (RICS) has stated that reinstatement cost assessments (RCAs) must be conducted every three years. Ideally, this should be done every year, so that the “figures are updated and the correct levels of insurance are met,” Walker said. Explaining that RCAs have been made “mandatory” for jointly-owned properties by Dubai Real Estate Regulatory Agency (RERA), […]
7 April 2021
Cavendish Maxwell, the Dubai-based chartered surveying practice and property consultancy operating in the Middle East and Africa, has launched end-to-end property management services for the Oman market, it has been announced. According to a statement by the firm, the new service line will see the team provide bespoke, strategic property management services while overseeing the financial, leasing, marketing and maintenance […]
1 April 2021
The property market in Dubai is increasingly displaying signs of healthy demand and stabilisation with price increases recorded consistently over the past four months, providing further evidence that the market bottomed out in late 2020. For the three months ending February, prices increased 4.6 per cent, according to Property Monitor. The price recovery gained further momentum in February, with monthly […]
21 March 2021
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
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
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
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
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
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
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 […]
