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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 the financial service sector and other industries to access the service through which users can monitor and analyse real-time financial market data and place trades on the electronic trading platform. Most large financial firms have subscriptions to the Bloomberg Professional service.
Property Monitor is a product of Cavendish Maxwell, one of the UAE’s leading property and construction consultancies and was developed in response to a need for greater market transparency.
Property Monitor offers more comprehensive house price data, both public and proprietary, than anyone else in the market. The data is sourced from Cavendish Maxwell, the UAE’s largest residential valuation business, and from a growing network of reputable real estate brokers who provide data exclusively to them.
Property Monitor is in a unique position to provide meaningful insight by way of access to the valuations, research, investment and development advisory teams of Cavendish Maxwell. In addition, its project and building consultancy team is one of few companies approved by RERA for property inspection handover reports and reserve fund studies.
Property Monitor data and insight are available to the market in a fast-growing set of products and solutions, online and offline, out-of-the-box and customisable.
Cavendish Maxwell is a highly respected independent firm of chartered surveyors and property consultants, focusing on property services throughout the Middle East and Africa. Established in 2008, Cavendish Maxwell is now one of the region’s most influential property consultancies, employing over 70 people from offices in Dubai, Abu Dhabi and Muscat.
As a fully qualified member firm of the Royal Institution of Chartered Surveyors (RICS), and with extensive knowledge of the region, Cavendish Maxwell has the necessary experience, expertise and insight to deliver property advice of the highest standard. The company’s reports are used for loan security, audit, insurance reinstatement, dispute resolution, risk management, debt recovery and performance analysis.
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