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Property Monitor
27 April 2021

Property prices in Dubai record first yearly increase in six years

Property prices in Dubai have started to increase on the back of strong demand, with values in March rising by 13 percent compared to 2020, the first yearly increase since 2015, Property Monitor said on Tuesday “Property prices have increased, confirming the strong reversal...
27 April 2021

Buoyancy returns to Dubai realty

The Dubai property market continued to strengthen in Q1 2021 to record the first yearly price increases since 2015 while displaying new and promising markers for growth each month In March, with a rise of 13 per cent to Dh873 per sqft, realty prices...
22 April 2021

UAE: Best way to buy property – via your developer’s payment plans or bank mortgage EMIs?

Dubai: The UAE real estate market currently presents the most attractive prices and deals, making 2021 the best time to invest in property You would either want to purchase property to build your investment portfolio or live in the unit as an end-user The...
7 April 2021

What are the insurance implications associated with property in the UAE?

https://wwwyoutubecom/watch?v=RHeQXVJ0KrM 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...
7 April 2021

Cavendish Maxwell launches property management services in Oman

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...
1 April 2021

Dubai property price rise reflects healthy demand

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 46...
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?  ...
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...
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...
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 PP 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...
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...
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...
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