In a recent study, 89% of the participants said that United Arab Emirates is the most suitable GCC country to do business. It makes UAE the #1 market in the GCC for construction companies. UK-based construction services firm Turner & Townsend has reported that Dubai rank at 28th position on the list of most expensive places for construction. They have rated Dubai as “lukewarm” for tendering conditions, exemplified by growing competition and rising prices of construction projects. The report has also revealed that the construction costs in the UAE are $1,455 per square metre as compared to:
$3,900 in New York
$3,736 in San Francisco
$3,652 in Zurich
$3,617 in London
$2,629 in Paris.
$2,416 in Doha
$1,337 in Muscat
The UAE government has heavily invested in global events like Expo 2020 Dubai. It has opened new windows of opportunities for private construction businesses that build hotels, leisure facilities, etc. Overall, it is fair to conclude that UAE is the best place to do construction business in GCC. But before making any decision, it is essential to know that the UAE construction market is highly competitive. You can use PROJECT INTEL to get construction intelligence in UAE and gain an unfair advantage.
Make Informed Sales Pitches with PROJECT INTEL
PROJECT INTEL is the only solution you ever need to get construction analytics in UAE and other GCC and Middle East countries. It is equipped with all the tools that you need to manage the sales pipeline and forecast with absolute confidence. PROJECT INTEL users have access to the contact details for key decision-makers of the 8,000 major projects in the GCC region. Switching to PROJECT INTEL means you never have to waste time to find the right people for your sales pitch. As a PROJECT INTEL user, you can always win new clients faster than your rivals.
PROJECT INTEL allows businesses to leverage the power of big data in the construction sector of the UAE. We provide all the tools to our users that help them to find sales opportunities quickly. The UI of our construction database is user-friendly and easy to use. You don’t need IT experts to use PROJECT INTEL to gain a competitive advantage. Architects, construction equipment companies, building material suppliers, contractors, and the other small and big players can use PROJECT INTEL to stay ahead of others.
You don’t have to burn your pocket to use our construction intelligence solution. Our pricing starts from US$ 249/ year. You can also request a trial and enjoy using PROJECT INTEL for one month for FREE.