The UAE remains the No.1 construction market in the GCC, and is on track to deliver growth in 2018 in the lead-up to Expo 2020 while the overall sentiment across the region's building sector shows a steady improvement.
The UAE continues to top the charts when it comes to overall optimism and ease of doing business. An overwhelming majority (89 per cent) of respondents stated the UAE is the easiest GCC country to do business. Dubai, in particular, is viewed in a positive light with 71 per cent of respondents viewing the emirate as the most appropriate location to solve regional disputes.
According to a report by the UK-based construction services firm Turner & Townsend, Dubai has been ranked the 28th expensive place for construction and rated "lukewarm" for tendering conditions, characterized by rising prices and growing competition for projects.
The report revealed that the construction costs in the UAE is $1,455 per square metre as compared to $1,337 in Muscat, $2,416 in Doha, $3,900 in New York, $3,736 in San Francisco, $3,652 in Zurich, $3,617 in London and $2,629 in Paris.
QATAR
OMAN
SAUDI ARABIA
KUWAIT
BAHRAIN
OTHER MENA REGIONS
{{uae.ProjectLocation}}, {{uae.city}}, UAE.
{{uae.projectscope | removeHTMLTags | limitTo:200 }}...
PROJECT INTELL is the trusted provider of GCC construction project sales leads, market analysis, forecasting, and company intelligence.
Project intelligence network is the most comprehensive source of data and analysis on the GCC construction industry.
Projects Data
Countries
Sectors
News
Analytics/Reports