With an annual growth of more than 12% despite the challenges of "Corona"

40.5 billion dirhams are the value of buildings completed in Dubai during 2020

The "multi-storey" buildings acquired 80.2% of the total value of the completed buildings.

Photography: Patrick Castillo

Data published by the Dubai Statistics Center, issued by Dubai Municipality, showed that the total value of buildings completed in the emirate, which reached 3227 new buildings, reached 40 billion and 530 million dirhams during the past year, compared to 36 billion and 114 million dirhams in 2019, with a growth rate It reached more than 12.2%, despite the challenges posed by the Corona pandemic.

The data, a copy of which was obtained by Emirates Today, indicated that the completed "multi-storey" buildings, numbering 463, topped the list in terms of value during the past year, recording 32 billion and 504 million dirhams, followed by the 1,527 private villas. At a value of three billion and 164 million dirhams.

"Public buildings" came in third place with 150 buildings, recording three billion and 85 million dirhams. Then came the "investment villas", which number 941 buildings, with a value of one billion and 107 million dirhams, while the total value of the completed industrial buildings, numbering 146 buildings, reached 670. One million dirhams during the year 2020.

The "multi-storey" buildings accounted for about 80.2% of the total value of the completed buildings during the past year, followed by the "private villas" buildings with 7.8%, while the share of "public buildings" was about 7.6%, and investment villas 2.73% compared to 1.65% for buildings. Industrial.

The total value of buildings completed during the first quarter of last year reached eight billion and 507 million dirhams, compared to four billion and 973 million dirhams in the second quarter, rising to 10 billion and 538 million in the third quarter, then recording 16 billion and 512 million during the last quarter of 2020 .

Monthly achievement

January of last year recorded the completion of 271 buildings, compared to 327 buildings in February, 353 buildings in March, and 229 buildings in April, while May recorded 214 buildings, June 221 buildings, and July 252 buildings, bringing the number to 237 new buildings in August.

The number increased to 375 buildings in September, compared to 319 buildings last October, and 258 buildings in November, compared to 171 buildings in December.

1527

Private villa completed, worth 3.1 billion dirhams.

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