Worth 13.4 billion dirhams

1615 new buildings completed in Dubai during the first half

Private villas accounted for 43.7% of the total number of completed buildings. Archives

Data revealed by the Dubai Statistics Center, issued by Dubai Municipality, showed that the total number of completed buildings in the emirate reached 1615 new buildings, with a value of 13 billion and 480 million dirhams during the first half of this year, at a rate of 269 buildings per month.

The data obtained by Emirates Today indicated that the completed "multi-storey" buildings, numbering 196, topped the list in terms of value, recording 10 billion and 116 million dirhams, while private villas accounted for about 43.7% of the total number of buildings completed during First half.

In detail, data disclosed by the Dubai Statistics Center issued by Dubai Municipality indicated that the total value of buildings completed in the emirate, which reached 1615 new buildings, reached 13 billion and 480 million dirhams during the first half of 2020.

According to the data, the completed "multi-storey" buildings, numbering 196, topped the list in terms of value, registering 10 billion and 116 million dirhams during the first six months of this year, followed by the completed "private villas", which numbered 705 buildings with a value of one billion and 480 million Dirhams.

"Public buildings" came in third place, with 810 million dirhams registered with a total of 62 buildings, then "investment villas", which number 562 buildings, with a value of 608 million dirhams, while the total value of completed "industrial buildings" reached 466 million dirhams, and the number of 90 buildings.

The "multi-storey" buildings acquired about 75% of the total value of the completed buildings during the first six months of this year, indicating that the type of buildings "floor ratio" and "multi-storey" were merged in the new statistics, followed by the buildings of "private villas". », By about 11% of the total value.

The share of "public buildings" was about 6%, and investment villa buildings 4.5%, compared to 3.4% for industrial buildings.

Private villas accounted for about 43.7% of the total number of buildings completed during the first half, compared to 34.7% for investment villas, while the share of multi-storey buildings reached 12%, compared to 5.6% for industrial buildings, and 3.8% for public buildings.

The total number of buildings completed during the first quarter of this year reached 951 with a value of eight billion and 507 million dirhams, compared to 664 buildings in the second quarter, with a total value of four billion and 973 million dirhams.

growth

The number of completed buildings in Dubai reached 6665 new buildings last year, with a growth rate of 10.2% over the year 2018, with a total value of 36 billion and 114 million dirhams, an increase of about 6%.

• The completed "multi-storey" buildings, which number 196, topped in terms of value.

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