In a press statement to Al Bayan Newspaper,
Arif Al Muhairi, Executive Director of Dubai Statistics Center (DSC) stated
that the number of buildings and villas in Dubai achieved a growth rate by 12.3%
by the end of 2018 compared to 2017. “The number of completed units in Dubai by
the end of 2018 was 150,605 compared to 134,081 units in 2017.”
Comparison
Al Muhairi added:
“Investment villas were placed first by a total number of 70,885 in 2018
compared to 58,013 villas in 2017 by an increase of 22.2%. The increase in the
number of investment villas was mainly in the Sixth Sector in the areas of Wadi
Al Safa 5, Wadi Al Safa “6”, 3rd Al Hebiah Third, Al Barsha South “4” and Al
Barsha South “5”.” He pointed out that such an increase in number of villas
shows that the real estate investment in these areas witnesses a significant
development.
He indicated that
the number of multi-storey buildings amounted to 13,753 buildings in 2018
compared to 12,775 buildings in 2017, i.e. by an increase of 6.2%. “The
increase in the number of this type of buildings is concentrated in the Third Sector
in the areas of Al Barsha First, Thaniya First ad Thaniya Fifth which indicates
that there is an increase in the real estate and economic activity in these
areas.”
He stated that
reports also show that the number of facilities stood at 10,388 in 2018
compared to 9,276 in 2017 by an increase of 8.2%. The number of facilities
constructed concentrated in the Third Sector in the areas of the Al Souk Al
Kabir, Jaddaf and Al Quoz Industrial “2” and “3”. Al Muhairi stressed that this
increase is another indication that Dubai has an upward line of development in terms
of economic and trade activities.
Al Muhairi also
underlined that DSC is so keen to provide its clients with the best services
and make all statistical data and information related to the Emirate of Dubai accessible
for all users. “We do believe that the statistical data and information is a
fundamental pillar for planning and decision-making processes adopted by all government
officials and business community. We are committed to provide all the society
segments with the relevant statistics of Dubai.”
Statistics
Al Muhairi
highlighted the role of DSC in making all types of statistics accessible by all
segments of the society saying that “DSC provides comprehensive and cohesive statistics
on buildings and residential units in Dubai classified by type and location,
whether completed or under construction, in addition to the data related to construction
permits issued and licensed areas, engineering inspection services and traded real
estates by type of transaction (sale, mortgage, land development lease, endowment ... etc.),”
said
A Study
Al Muhairi
added: “The importance of studying these topics lies in the fact that they
represent a fundamental pillar in the comprehensive and development planning of
the Emirate of Dubai. Roads, transportation, communications, schools, health
centers, hospitals and other major services rely heavily on accurate
statistical information on the population and residential units. Such data also
play a key role in identifying the current status of urban realities in any
geographical area. It reflects a crystal-clear image of the urban development taking
place in a certain region and gives a comprehensive perspective of the general
direction of that development.”
An Increase
He went on to
say: “Dubai is one of the cities that has experienced a huge increase in the
number of buildings and residential units, so it was necessary to draw
attention to such massive increase and turn it into statistical data accessible
to all planners, policy makers and decision makers. This will help in keeping
them informed about the great urban development and the consequent enormous
pressure on the key and basic services (water, electricity, sewage, … etc.) on
the one hand, and the contribution of this sector to the revenues and estimated
values of Dubai’s GDP on the other hand.”