The value of buildings completed in Dubai during the past year, 2023, amounted to about 18.2 billion dirhams, achieved through 3,520 buildings, which varied between private villas, investment villas, industrial, public and multi-storey buildings, compared to 20.7 billion dirhams and 26.1 billion dirhams in 2022 and 2021 respectively. Respectively, according to Dubai Municipality data published by Dubai Digital.
Multi-storey buildings topped the first place in terms of value with 10.85 billion dirhams through 227 buildings, followed by private villas second with about 3.46 billion dirhams resulting from the completion of 1,585 units, then public buildings third with a value of 2.15 billion dirhams through 137 buildings, and investment villas came fourth with about 1.29 billion dirhams was achieved through 1,466 units, and finally industrial buildings came in fifth place with 406 million dirhams through 105 buildings.