Dubai – Mubasher: The value of completed buildings in Dubai rose 3% in the first quarter of 2017, according to recent data released by the Dubai Statistics Center.
The completed buildings were valued at AED 8.1 billion in Q1-17, compared to AED 7.9 billion in Q1-16.
A total of 593 private villas worth AED 1 billion were completed in Q1-17, while 1,817 investment villas worth AED 1.8 billion were finalised in the same period.
The first three months of 2017 saw the completion of 45 industrial buildings worth AED 423 million and 34 general buildings valued at AED 706 million.
