Dubai has shown amazing growth and expansion since the 1970s. And it shows no signs of stopping.
Many big malls have been built, infrastructure expanded and upgraded, high quality communication networks established, and most importantly, the standard of living has greatly improved.
Construction is a very important part of the economy in Dubai.
It is a major component in the GDP as well, and despite having grown consistently for many years now, it shows no signs of stopping.
This article briefly looks at construction projects in Dubai by BNC Network, and what urban construction companies in the city do.
Active Projects In Dubai Construction Sector
Estimates suggest that the city has more than 3000 active projects at the moment, with a value of more than $13 billion.
Due to the high number of projects currently underway, the segment is expected to see consistent performance during the year 2017.
Around 40% of the value and number of these active projects are in the pre-construction stages. These include those in the concept and design stage as well.
There are also many mega projects underway right now, many of which are introduced whenever there is an international important event taking place in the city.
For Expo 2020, the Metro Red Line is being expanded, and Dubai harbor is being given a large extension.
Urban Construction Companies In Dubai
The best construction companies have a healthy presence not just in the UAE, but in the Middle East as well.
The main aim is to give buyers in the region access to high quality properties, which fulfill an international standard.
They will also provide top drawer consultancy services for builders and clients. This includes:
- Planning and assessment of the project according to its scale
- Managing projects and providing supervision
- Providing architectural design
- Managing the process of bids, tenders, and pre-conception stage
- Creating a masterplan for urban properties
- Carrying out a feasibility study, which is especially important in large-scale projects and real estate construction
- Providing supervising at the different important stages of the construction
- Making sure the project is compliant with local and international standards, along with quality and cost control
- Designing international quality interiors for properties