21 August 2016
Website provides open access to real estate sales and rental trends for Dubai and Abu Dhabi's major communities

Web application provides subscribers with access to exclusive house price data

UAE - Cavendish Maxwell, one of the region's leading property and construction consultancies, has announced that its real estate data platform, Property Monitor, has today launched a new website and major upgrade to its paid web application. Property Monitor v2.0 incorporates more sophisticated analytics and an updated interface for a stronger user experience.

Property Monitor, established in 2014, is the only real-time data platform in the UAE real estate market, with access to sales and rent prices that are collected as soon as contracts are signed. Property Monitor also contains the most detailed property information, identifying specific location, floor level, view and layout type. In addition, Property Monitor incorporates transfers, listings, and valuation data from most major areas throughout Dubai and Abu Dhabi.

Ian Magwood, who has been leading the development said "We are in a unique position to increase transparency in the UAE real estate market; we have the most comprehensive data available and the ability to provide meaningful insight. We have an ambitious and diverse product development plan, and to say we are excited to take this next step would be an understatement."

Chris Whitehead, Managing Director of Gulf Sotheby's International Realty welcomes the new product and interactive website to the market: "Property Monitor is a welcome solution in a market where access to reliable pricing data is limited. Our consultants appreciate the real time data it provides, and consistently draw on the market comparables to educate vendors and purchasers alike. The service enhances our consultants' knowledge, ensures we market sellable properties and in turn produces stronger and quicker results across our company."

About Cavendish Maxwell
Launched in Dubai in 2008 and a fully qualified member of the Royal Institution of Chartered Surveyors (RICS), Cavendish Maxwell is now one of the highest profile consultancies in the region, employing 60 people across eight departments. In the past year, Cavendish Maxwell has valued in excess of AED 40 billion worth of property, represented clients such as Yahoo!, Vodafone, Roche and General Electric, and provided strategic advice to support financial and risk management decisions for a range of clients across the Middle East and Africa, including leading banks, developers and investors.

-Ends-

Cavendish Maxwell
2205 Marina Plaza,
Dubai Marina
Dubai, UAE 

Cavendish Maxwell
1006 Corniche Bakery Building
Al Firdous Street
Tourist Club Area
Abu Dhabi, UAE
www.cavendishmaxwell.com
www.propertymonitor.ae

© Press Release 2016