Market data

The market in numbers

Building asset costs

Construction costs vary by asset type, scale, specification and complexity. The ranges below show typical costs across key building types in the UAE.

Figures are as of 31 August 2026, in AED and USD. Exchange rate to USD 1: AED 3.67.

Hotel

Commercial

Residential

Retail

Schools


Unit rates

A current benchmark for construction costs

Current unit rates provide a snapshot of construction costs across key structural, architectural and MEP elements in the UAE. They provide a consistent benchmark for comparing costs across the market.

Figures shown are average market rates on 31 August 2026, in AED and USD. Exchange rate to USD 1: AED 3.67.

Budgets and contingency allowances should be tested regularly against current market conditions.
Previous page
Next page