8 February 2021
Supply of new residential property units in Abu Dhabi is expected to see a big spike in Abu Dhabi this year, keeping prices and rentals also under pressure though a few established residential districts witnessed green shoots of recovery in the last quarter of 2020, say analysts
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6 February 2021
Dubai South, International City, Sports City and Town Square are the most economical areas to rent an apartment in Dubai
The latest data released by real estate consultancy Cavendish Maxwell showed that Dubai South is the most economical area to rent a studio and...
3 February 2021
Consultants Cavendish Maxwell have stated that the occupancy rates needed to break-even in the Dubai hospitality market have lowered In its UAE Property Market Report, it found that a range of cost-cutting measures introduced by hoteliers last year amid the pandemic have caused a market shift
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2 February 2021
Selective improvements in some communities, a global economic recovery and rising oil prices all provide signs for optimism for the UAE’s property market for the year ahead, a new Cavendish Maxwell report states
“Investors in real estate markets throughout the UAE have three good...
31 January 2021
(Reuters) – Dubai’s house prices are expected to fall at a slower pace this year and next than previously thought as hopes for a successful vaccine rollout and an economic recovery boost confidence in the sector, a Reuters poll showed
After declining 35% in...
20 January 2021
Although there was a slowdown in performance at the beginning of the year in the UAE, the second half saw a revival of activity as lockdown measures eased and pent-up demand filtered through the residential market in both Abu Dhabi and Dubai The Property Monitor monthly market...
17 June 2020
Dubai, United Arab Emirates
Residential sector drives real estate price increase in Q1 but recovery may face headwinds: 2020 Saudi Arabia Property Market Report• In Q1 2020, residential property prices rose 21% year-on-year, whilst commercial real estate declined 05% during the same period• Some...
11 June 2020
Ajman absorbs biggest rent drop at 19% annually
As average apartment rents across the Northern Emirates remained under pressure during the first quarter, falling by 12 per cent year-on-year, analysts expect the trend to continue amid the coronavirus pandemic According to data from Cavendish...
4 June 2020
Property Monitor Dynamic Price Index revealed prices are down almost 30% since peak of 2014
Property prices in Dubai are down almost 30 percent from the market peak in September 2014 and are just 104 percent away from the trough of April 2009, according...
3 June 2020
Prices in April stood at Dh866 per square foot, according to Cavendish Maxwell’s Property Monitor
Dubai property prices in April rose 049 per cent from a month ago, helped by a rise in off-plan transactions, a new report found
Prices in...
2 June 2020
The volume of transactions went down 47% in April compared to March
Dubai property prices experienced an “unexpected” uptick in April, with prices increasing 049 percent from the previous month, according to new data from Property Monitor
In its monthly market...
2 June 2020
Off plan accounted for 721 per cent of transactions in April compared to only 279 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...
