Abu Dhabi completes 1,104 buildings in Q3 2017

Posted on 27th December 2017

Abu Dhabi completes 1,104 buildings in Q3 2017
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According to *Constructionweekonline news report, a total of 1,104 buildings were completed in Q3 2017, marking a 16.7% increase from the second quarter of the year, according to data from the Statistics Centre – Abu Dhabi (SCAD).

Compared to 913 buildings completed in Q2 2017, 54% – or 595 buildings – were built in the Abu Dhabi region, while 44.5% were developed in Al Ain, Arabian Business reported.

According to SCAD figures, residential buildings accounted for 87% of completed structures, totalling 951 buildings.

Of the total figure, 33 were public facilities, 49 were industrial buildings and two were classified as agricultural buildings.

Mohamed bin Zayed City in Abu Dhabi came first in terms of completed buildings with 26.7%, compared to Beni Yas (10.9%). Al Shamkha (9.1%), and Khalifa City (7.4%).

The rough estimate of cost per square metre reached $720 (AED2,645) for buildings between 300 and 599 square-metres in Abu Dhabi, compared to $576 (AED2,118) for similarly sized buildings in Al Ain and $510 (AED1,876) in Al Dhafrah.

*News source: http://www.constructionweekonl...

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