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2 June 2020

Surprise uptick in Dubai property prices as off-plan sales eclipse resale in April

Off plan accounted for 72.1 per cent of transactions in April compared to only 27.9 per cent for resale. Dubai property prices recorded a slight unexpected uptick in April as off-plan sales registrations eclipsed resale. According to Property Monitor data, prices in April stood at Dh866 per sq ft, 0.49 per cent higher than the Dh862 per sq ft recorded […]
19 May 2020

Managing lifecycle costs

Stakeholders must prioritise lifecycle costing from the inception stage of a project to reduce wastage and reap future cost efficiencies All project owners start out with the intention to achieve cost efficiency on their projects, not just at the time of development but across the project’s lifecycle. In some cases, however, efforts to estimate lifecycle costs are minimal and other […]
22 April 2020

Cavendish Maxwell’s Q1 2020 UAE Property Market Report Now Released

Dubai, United Arab Emirates Fewer launches and a slowdown in handovers may help cushion prices: Cavendish Maxwell Q1 2020 UAE Property Market Report  Apartment prices in Dubai declined 12% over the 12-month period from Q1 2019 to Q1 2020 whilst villa/townhouse prices were lower by 4% Average sales prices declined in Abu Dhabi’s major residential zones by 13.2% for apartments […]
30 March 2020

In these communities, accessibility is key

With Metro access and developed infrastructure, AI Barsha, Barsha Heights and The Greens are popular housing destinations Sitting right next to each other along Shaikh Zayed Road, Al Barsha, Barsha Heights (Tecom) and The Greens col­ lectively offer a mix of housing options that cater to a wide range of segments. The lo­ cation of the three communities close to […]
25 March 2020

Oman Property Market Report 2019 – 2020 now released

Dubai, United Arab Emirates Cautious real estate recovery in 2019 presented opportunities for buyers, tenants: Oman Property Market Report by Cavendish Maxwell Between December 2018 and 2019, the total expat population in Oman recorded a year-on-year decline of 2.9%, in turn impacting property prices and rents. Oman’s retail sector is currently witnessing the rapid construction of new malls adding further […]
4 March 2020

Why Dubai’s motor racing hub appeals to families, not just petrolheads

Self-contained suburban community offers pedestrian-friendly lifestyle and great prices. Not many neighbourhoods can boast of its own autodrome. At Dubai Motor City, the Dubai Autodrome, in fact, was the reason the community came to life. Completed in 2004, the Autodrome has become synonymous with the mixed-use community and the kind of lifestyle this motoring-themed suburban district has come to be […]
4 March 2020

House-hunters find big homes, bigger price cuts in Dubai Motor City

House prices to remain favourable to homebuyers and tenants this year, say analysts. It is a car aficionado’s dream community, but Dubai Motor City is just as popular among non-motoring enthusiasts judging by the number of families who have put down roots here. The clincher for these residents, according to property analysts, is a combination of price, size and amenities. […]
4 February 2020

UAE’s first WeWork officially opens in Abu Dhabi

Workspace launched as WeWork x Hub71 in Abu Dhabi Global Market Three-floor workspace offers 1,200 desks for members to innovate, collaborate and connect  Shared office space manager WeWork made its debut in the UAE with the official launch of WeWork x Hub71. The three-floor workspace offering 1,200 desks is located in the heart of the capital’s financial centre at Abu Dhabi Global Market. The […]
27 January 2020

2019 Industrial and Logistics Report now released

Dubai, United Arab Emirates Supply continues to outweigh demand, but landlords align price points with occupier budget: Cavendish Maxwell 2019 Industrial and Logistics Report General trading sector remained the most active, accounting for almost 35% of all enquiries Significantly more enquiries for facilities over 100,000 sq ft built-up-area in 2019 Vacancy levels expected to taper off in 2020 as demand […]
21 January 2020

Sharjah registers property transactions worth AED 24.2 billion in 2019

Total of 61,357 transactions recorded, up 13.4% from a year ago Most Sharjah city transactions recorded in Muwaileh Commercial, Al Khan, Al Nahda and Hoshi Sharjah recorded 61,357 real estate transactions in 2019, up 13.4% compared to 2018, according to data from the Sharjah Real Estate Registration Department (SRERD). The value of transactions at AED 24.2 billion also increased 7.3% […]

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