The Cavendish Maxwell UAE Property Market Report also found that villa and townhouse prices dropped by 14.7 per cent in the same period, while rental declines in Dubai averaged 12.5 per cent.
Dubai house price declines by 14.5 per cent annually in May 2019 - Property Monitor House
Real estate data platform Property Monitor has released its Dubai House Price Index for May 2019, revealing an annual decline of 14.5 per cent and 1.5 per cent month-on-month.
Cavendish Maxwell has released its first Kuwait Property Market Report for 2018-2019, revealing growth in the country's retail sector throughout the past 12 months.
Abu Dhabi hotels record 16 per cent increase in revenues in Q1 2019 on the back of successful events
Events such as the AFC Asian Cup, International Defence Exhibition and Conference (IDEX), and Special Olympics World Games are believed to have contributed to rise in revenues for Abu Dhabi hotels in Q1 2019.
Soft demand and pressure on prices continue in Q1 2019 - Cavendish Maxwell
Property consultancy Cavendish Maxwell has released its UAE Market Report for Q1 2019, containing key property data and trends for Dubai, Abu Dhabi and the northern emirates.
Developers turning to innovation to counter softening market, says Chestertons
Developers in Dubai’s residential property market are targeting a new buyer and tenant segment by offering innovative co-living and licensed co-working concepts, according to research from international real estate services firm, Chestertons.
