A total of 1,104 buildings were completed in the third quarter of 2017, according to data from the Statistics Centre – Abu Dhabi (SCAD).
Arabiab Business reported that the total number of developments during the quarter were a 16.7 percent increase from the second quarter of the year, in which 913 buildings were completed. Of the buildings, 54 percent – or 595 buildings – were established I the Abu Dhabi region, compared to 44.5 percent in Al Ain.
According to SCAD figures, residential buildings accounted for 87 percent of completed structures, totaling 951 buildings. Of the total figure, 33 were public facilities, 49 were industrial buildings and two were classified as agricultural buildings.
Mohamed bin Zayed City in Abu Dhabi came first in terms of completed buildings with 26.7 percent, compared to Beni Yas (10.9 percent). Al Shamkha (9.1 percent), and Khalifa City (7.4 percent).
The rough estimate of cost per square metre reached AED 2,645 for buildings between 300 and 599 square-metres in Abu Dhabi, compared to AED 2,118 for similarly sized buildings in Al Ain and AED 1,876 in Al Dhafrah.
However, the Council on Tall Buildings and Urban Habitat (CTBUH) yearly report revealed that the Middle East saw numbers of tall buildings stagnate this year with nine completions, down one from 2016, and representing 6.3% of the global total in 2017. Read full article here.
According to CTBUH, 2017 also saw the highest number of built skyscrapers than any other year.