Home / Construction Companies in UAE / Construction Companies in Dubai : List of the Top Construction Companies in Dubai with Contact Details
Construction Companies Dubai : List of the Construction Companies with Contact Details & Location Map. Top Construction Companies in Dubai.
Construction Companies Dubai : List of the Construction Companies with Contact Details & Location Map. Top Construction Companies in Dubai.

Construction Companies in Dubai : List of the Top Construction Companies in Dubai with Contact Details

Construction Companies Dubai : List of the top construction companies in Dubai with company names, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Dubai leading online business yellow pages directory provides the listings of construction companies in Dubai with their contact details, emails and websites. The process of general building construction in Dubai includes various professionals. Engineers, architects, and contractors work together to design, build, and inspect the building.

Construction companies in Dubai hire professionals to do masonry, carpentry, and concrete work. Permits are obtained in order to start building a residential home, industrial facility, or commercial office building. Some remodeling jobs in Dubai require a permit, such as when one builds a home addition. Inspectors must inspect how construction is progressing to make sure everything is up to code. In order to develop a safe housing development, such as multifamily homes or apartment buildings, experienced contractors are hired for each process, including installing plumbing and electricity throughout the home. Contractors are also available for foundation and roof work.

Top Construction Companies in Dubai

Top Construction Companies in Dubai UAE : List of the best construction companies in Dubai yellow pages online directory with contact details including company names, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Top construction companies in Dubai UAE. Dubai yellow pages online directory providing business listings of building construction companies in Dubai, United Arab Emirates.

1. Hi-tech Steel Industries LLC
Company Location & Address: Near Jotun Paints, Opp Bartawi, Al Quoz 2, Dubai
Area: Al Quoz Dubai
Company Telephone Number: +971 4-3384433
P.O.Box: 8054 Dubai UAE
Website: Click Here To View Company Website
Category: Construction Companies

2. Dubai Walls Constructions LLC
Company Location & Address: 102, Pharmacy Building, Al Nahda 2, Al Qusais, Dubai
Area: Al Qusais Dubai
Company Telephone Number: +971 4-2207844
P.O.Box: 87917 Dubai UAE
Website: Click Here To View Company Website
Category: Construction Companies

3. Capriole Construction Company LLC
Company Location & Address: 1607, Concord Bldg, Dubai Media City, Dubai
Area: Dubai Media City
Company Telephone Number: +971 4-4364022
P.O.Box: 81103 Dubai, United Arab Emirates
Website: Click Here To View Company Website
Category: Construction Companies

4. Charminar Contracting LLC
Company Location & Address: 109, Al Ansari Bldg, Al Khabeesi St, Port Saeed, Deira, Dubai
Area: Deira Dubai
Company Telephone Number: +971 4-2327326
P.O.Box: 56449 Dubai UAE
Website: Click Here To View Company Website
Category: Construction Companies

5. Tinka Contracting LLC
Company Location & Address: 402, Bin Soughat Bldg, Salahuddin St, Near Reef Mall, Deira, Dubai
Area: Deira Dubai
Company Telephone Number: +971 4-2506633
P.O.Box: 99064 Dubai, United Arab Emirates
Website: Click Here To View Company Website
Category: Construction Companies Dubai

6. 888 Repairing & Rental Bldg Machinery
Company Location & Address: Al Aweer, Dubai
Area: Al Aweer Dubai
Company Telephone Number: +971 4-3331016
P.O.Box: 6388 Dubai, United Arab Emirates
Category: Construction Companies Dubai

7. A B Building Contg Company LLC
Company Location & Address: 22 & 23, Sheikha Fatima Bldg, Al Dhiyafa St, Satwa, Dubai
Area: Al Satwa Dubai
Company Telephone Number: +971 4-3312545
P.O.Box: 24882 Dubai, United Arab Emirates
Category: Construction Companies in Dubai

8. A Ccrdfied Company
Company Location & Address: Concord Tower, Dubai Media City, Dubai
Area: Dubai Media City
Company Telephone Number: +971 4-4409800
P.O.Box: 17439 Dubai, United Arab Emirates
Category: Construction Companies in Dubai

9. A F G Middle East FZE
Company Location & Address: Dubai Silicon Oasis, Dubai
Area: Dubai Silicon Oasis
Company Telephone Number: +971 4-3724042
P.O.Box: 341070 Dubai, United Arab Emirates
Category: Construction Companies, Civil Engineering Companies

10. Abaj Cont LLC
Company Location & Address: Al Fahidi Bldg, Al Qusais, Dubai
Area: Al Qusais Dubai
Company Telephone Number: +971 4-2632255
P.O.Box: 119037 Dubai, United Arab Emirates
Category: Construction Companies, Civil Engineering Companies

11. Dubai Walls Constructions LLC
Company Location : 102, Pharmacy Building, Al Nahda 2, Al Qusais, Dubai
Area: Al Qusais Dubai
Company Telephone Number : +97142207844, 055-1056456/1056445
Fax : +971442207843
P.O.Box: 87917 Dubai UAE
Category: Construction Companies, Civil Engineering Companies

12. Capriole Construction Company LLC
Company Location : 1607, Concord Bldg, DMC, Dubai, United Arab Emirates
Area: DMC Dubai
Company Telephone Number : +97144364022
Fax : +97144364021
P.O.Box: 81103 Dubai UAE
Category: Construction Companies, Construction Contractors

13. ACT Construction Team
Company Location : Al Kazim Group Bldg, Bhnd Al Tayer Motors, Garhoud, Dubai, United Arab Emirates
Area: Garhoud Dubai
Company Telephone Number : +97142825352
Fax : +97142825356
P.O.Box: 5153 Dubai UAE
Category: Construction Companies, Civil Engineering Companies

14. Action Builders Construction LLC
Company Location : Dubai, United Arab Emirates
Area: Dubai
Company Telephone Number : +97144477981
Fax : +97144477982
P.O.Box: Dubai UAE
Category: Construction Engineering Companies

15. Al Maten Building Contracting LLC
Company Location : Phase-2, Dubai Investments Park, Jebel Ali, Dubai, United Arab Emirates
Area: Jebel Ali Dubai
Company Telephone Number : +97148858033
Fax : +97148858034
P.O.Box: 56991 Dubai UAE
Category: Construction Companies, Civil Engineering Companies

16. Amana Conta and Steel Buildings
Company Location : Opp Choitram Supermarket, Dubai Investment Park, Jebel Ali, Dubai, United Arab Emirates
Area: Dubai Investment Park
Company Telephone Number : +97148854448
Fax : +97148859030
P.O.Box: 27444 Dubai UAE
Category: Construction Engineering Companies

17. Dutco Construction Company LLC
Company Location : Dutco Complex, Jebel Ali Industrial Area 2, Jebel Ali, Dubai, United Arab Emirates
Area: Jebel Ali Industrial Area 2
Company Telephone Number : +97148801010
Fax : +97148801515
P.O.Box: 233 Dubai UAE
Category: Construction Companies, Civil Engineering Companies, Turnkey Projects

18. Sudan Reconstruction and Dev FZCO
Company Location : Jebel Ali Free Zone, Jebel Ali, Dubai, United Arab Emirates
Area: Jebel Ali Free Zone
Company Telephone Number : +97148871667
Fax : +97148871667
P.O.Box: 18058 Dubai UAE
Category: Construction Engineering Companies

19. Al Ataya Construction & Engineering
Company Location : Deira, Dubai, United Arab Emirates
Area: Deira Dubai
Company Telephone Number : +97143436300
Fax : +97143436302
P.O.Box: Dubai UAE
Category: Construction Engineering Companies

20. Construction and Building Engineering LLC
Company Location : Ghusais Industrial Area 3, Dubai, United Arab Emirates
Area: Al Ghusais Industrial Area
Company Telephone Number : +97142670670
Fax : +97142670771
P.O.Box: 11222 Dubai UAE
Category: Building Construction Companies

21. Civil Construction Center
Company Location : Oud Metha Rd, Bur Dubai, Dubai, United Arab Emirates
Area: Bur Dubai
Company Telephone Number : +97143368287
Fax : +97143378431
P.O.Box: 23669 Dubai UAE
Category: Building Construction Companies

22. Al Habtoor Engineering Ent Company LLC
Company Location : Near Khansaheb Bldg, Airport Rd, Rashidiya, Dubai, United Arab Emirates
Area: Al Rashidiya Dubai
Company Telephone Number : +97142857551
Fax : +97142857551
P.O.Box: 320 Dubai UAE
Category: Building Construction Companies

23. Al Mashriq Architecture Construction Company LLC
Company Location : Near Al Naboodha Engg, 3rd I/Change, Al Quoz, Dubai, United Arab Emirates
Area: Al Quoz Dubai
Company Telephone Number : +97143395090
Fax : +97143395090
P.O.Box: 50745 Dubai UAE
Category: Building Construction Companies

24. Al Nawras Building Construction
Company Location : Ras Al Khor, Dubai, United Arab Emirates
Area: Ras Al Khor Dubai
Company Telephone Number : +97143331425
Fax : +97143331425
P.O.Box: 60345 Dubai UAE
Category: Building Construction Companies

25. Al Nekhreh Contracting Company LLC
Company Location : 4th I/Change, Al Quoz Industrial Area, Al Barsha, Dubai, United Arab Emirates
Area: Al Quoz Industrial Area
Company Telephone Number : +97143400004
Fax : +97143400344
P.O.Box: 11072 Dubai UAE
Category: Construction Companies

26. Al Quoz Contracting LLC
Company Location : 12-A, 07, Damac Executive Heights, Tecom, Dubai, United Arab Emirates
Area: Tecom Dubai
Company Telephone Number : +97144534541
Fax : +97144534540
P.O.Box: 66554 Dubai UAE
Category: Construction Companies

27. Al Watan Construction Establishment
Company Location : 2nd Flr, Sultan Palace Bldg, Al Diyafah Rd, Satwa, Dubai, United Arab Emirates
Area: Satwa Dubai
Company Telephone Number : +97143985099
Fax : +97143985744
P.O.Box: 7610 Dubai UAE
Category: Construction Companies

28. Aman Construction Engineering LLC
Company Location : Dubai, United Arab Emirates
Area: Dubai
Company Telephone Number : +97143345222
Fax : +97143377122
P.O.Box: 185958 Dubai UAE
Category: Construction Companies

29. Arabtec Construction LLC
Company Location : Al Quoz, Dubai, United Arab Emirates
Area: Al Quoz Dubai
Company Telephone Number : +97143474772
Fax : +97143479255
P.O.Box: 3399 Dubai UAE
Category: Construction Companies

30. Arcade Star Construction LLC
Company Location : Dubai, United Arab Emirates
Area: Dubai
Company Telephone Number : +97143370611
Fax : +97143370612
P.O.Box: 11567 Dubai UAE
Category: Construction Companies Dubai

31. Associated Constructions and Investments Company LLC (ASCON)
Company Location : Al Quoz Industrial Area 4, Dubai, United Arab Emirates
Area: Al Quoz Industrial Area 4
Company Telephone Number : +97145118011
Fax : +97143470397
P.O.Box: 5238 Dubai UAE
Category: Construction Companies in Dubai

32. B R M Construction LLC
Company Location : 208, Al Safena Bldg, Near Lamcy Plaza, Karama, Dubai, United Arab Emirates
Area: Al Karama Dubai
Company Telephone Number : +97143366112
Fax : +97143377764
P.O.Box: 29808 Dubai UAE
Category: Construction Companies Dubai

33. Best Building Company WLL
Company Location : Al Quoz, Dubai, United Arab Emirates
Area: Al Quoz Dubai
Company Telephone Number : +97143478259
Fax : +97143478259
P.O.Box: Dubai UAE
Category: Construction Companies in Dubai

34. Bharti Construction LLC
Company Location : G09, DBC Building, Al Khabeesi, Deira, Dubai, United Arab Emirates
Area: Deira Dubai
Company Telephone Number : +97142666931
Fax : +97142666934
P.O.Box: 22533 Dubai UAE
Category: Construction Companies Dubai

35. Biston Construction Co
Company Location : Near Nico Intl, I/Change 3, Al Quoz, Dubai, United Arab Emirates
Area: Al Quoz Dubai
Company Telephone Number : +97142734738
Fax : +97143992586
P.O.Box: Dubai UAE
Category: Construction Companies in Dubai

36. Bonanza Construction Company LLC
Company Location : Jotun Paint Bldg, Al Mina Rd, Bur Dubai, Dubai, United Arab Emirates
Area: Bur Dubai
Company Telephone Number : +97143937845
Fax : +97143937846
P.O.Box: 103938 Dubai UAE
Category: Construction Companies in Dubai

37. Buildup Contracting Company LLC
Company Location : 803, Khalid Al Attar Tower, Maktoum Road, Deira, Dubai, United Arab Emirates
Area: Deira Dubai
Company Telephone Number : +97142212210
Fax : +97142211229
P.O.Box: 25275 Dubai UAE
Category: Construction Companies in Dubai

38. Canadian Gulf Construction LLC
Company Location : 107, Bu Ameen Bldg, Oud Metha Road, Dubai, United Arab Emirates
Area: Oud Metha Dubai
Company Telephone Number : +97143371040
Fax : +97143353798
P.O.Box: 26050 Dubai UAE
Category: Construction Companies Dubai

39. Capsian Building Contracting LLC
Company Location : Dubai, United Arab Emirates
Area: Dubai
Company Telephone Number : +97142661678
Fax : +97142661687
P.O.Box: 184798 Dubai UAE
Category: Construction Companies Dubai

31. Castle Construction
Company Location : Near Seven Seas Trdg, 4th I/Change, Al Quoz, Dubai, United Arab Emirates
Area: Al Quoz Dubai
Company Telephone Number : +97143479919
Fax : +97143479116
P.O.Box: 42 Dubai UAE
Category: Construction Companies Dubai

Construction Companies Dubai Location Map

Top Construction Companies in Dubai

Top Construction Companies in Dubai UAE : List of the top construction companies in Dubai business directory with company names, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Dubai leading online business yellow pages directory provides the listings of construction companies in Dubai with their contact details, emails and websites. Construction is not a simple process. It can be said that it is a blend of several different activities. When it comes to construction there come many activities which need coordination, if one wants ones construction to be successful and according to ones desires. The Construction can be of your dream house, your dram project, your office etc. In case you want a flawless building you must hire the services of any of the professional construction companies in Dubai UAE.

Top Construction Companies in Dubai UAE : List of the top construction companies in Dubai with company names, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Dubai leading online business yellow pages directory provides the listings of construction companies in Dubai with their contact details, emails and websites.

Top Construction Companies in Dubai UAE : Customers that are interested in building a new single family home or office building are able to hire the engineer, architect, and contractors they want for the project. While some companies have general contractors that are available for many different construction jobs, others specialize in certain areas. One construction company may only provide green construction; another exclusively excavates land, while another concentrates on plumbing needs. Buying the necessary materials is necessary for both construction of a new building and a remodeling job. Windows, wood, carpet, and doors are a few examples of what is commonly needed. Builders can discuss the best types of material to use, then allow the customer to choose which they want to use with their budget in mind. Construction of a new building or a remodeling job both includes buying the necessary materials for the job. Windows, wood, carpet, and doors are a few examples of what is commonly needed. Builders can discuss the best types of material to use, then allow the customer to choose which one they want to use with their budget in mind.

From home remodelling assignments to office renovation projects, people seek the expertise and work of construction companies to accomplish several tasks. But, there are many construction companies in the town. How do you manage to choose the one that best suits your requirements? This is a dilemma that several people face when it comes to choosing construction companies. From checking the project history to analysing the market reputation, you have to go through several details prior to hiring a construction company.

There are several construction companies in Dubai that claim to be experts at handling projects. But, we strongly recommend you to crosscheck these claims by verifying the credentials of the company. You can ask for the paperwork and design samples in order to analyse the abilities of the firm. If they are as professional as they claim, your request will be gladly obliged. If the construction company that you are talking to is currently working on a home renovation or remodelling project, ask for their approval to see it. In case your request is accepted, you will get an excellent opportunity to witness their way of working, ability to handle situations, coordination as a team, etc.

You wouldn’t want to hire a construction company in Dubai that is always too busy to return your calls, would you? If you have been calling the company and getting no return phone calls, it clearly indicates their lack of professionalism and therefore hiring their services is not worth the effort. When you are planning to hire a construction company in Dubai, make sure that you convey your requirements accurately. This will enable the construction company to clarify the list of deliverables and you can accordingly set your expectations.

Top Construction Companies in Dubai UAE : List of the top construction companies in Dubai with company names, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Dubai leading online business yellow pages directory provides the listings of construction companies in Dubai with their contact details, emails and websites

During the initial phase of interviewing prospective construction companies in Dubai, ensure that you ask for a rough project estimate to understand the expenditures involved. You can also do a cost comparison by asking for estimates from several companies and accordingly choose the best possible option that meets your expectations as well as the budget. Once you are clear on the deliverables, it is best advised to enter into a legal contract with the company so that you have proof in writing in case things get ugly in the future. This legal contract will also carry details about the amount to be charged.

Top Construction Companies in Dubai UAE – It is true that future construction projects cannot be achieved without the assistance of contractors who supply construction companies with excellent equipment and manpower. And if you are planning to construct your own building project and choosing suppliers for construction companies, you have to choose a company in Dubai that can assist you complete the project that can either match or surpass the existing structures. Below are some important things you must take into consideration.First, you have to check for the quality as well as the modernity of construction equipment used. Leading construction companies are capable of completing the most difficult projects by using the most innovative range of equipment. Contracting companies in Dubai that have delivered as well as completed a wide range of projects from massive infrastructures to marine constructions in and all around the world would mean great results for your own huge project.

Secondly, choose a company that has commitment to health and safety. Ensuring health and safety is the key and heart of each and every project delivered and completed on time and within budget. Illnesses as well as accidents among workers can delay construction, and delays for any project may mean additional costs. You have to make sure that your construction partner passed the health and safety standards within the industry. From periodic reviews of quality policies and objectives towards providing safe working environment along with safety standards are followed to the letter.

Thirdly, examine the company’s work within the construction industry. Apart from health and safety compliance, you also have to choose a supplier for construction companies that can work on any kind of project. From highways and roads to marine ports and areas, you have to choose a contracting company that can do all these. Fourth, know how the company communicates with their clients by trying to call them and observe if your calls are returned immediately. You have to choose a company in Dubai that is readily available when you need them. Apart from that, you also have to look at their specialty. You can ask them if they have accomplished a project that is similar to what you want them to construct. Try to gauge their experience on the type of job you are asking them to do prior to signing a contract with them.

Dubai construction companies in Dubai yellow pages online directory providing business listings of building construction companies in Dubai with contact details. Find Construction Companies in Dubai and get directions and maps for local businesses in United Arab Emirates. List of best Construction Companies in Dubai UAE

You may have observed that plenty of buildings these days are well-designed and constructed by various construction companies all around the world. Oftentimes, these buildings are made up of concrete and steel. In fact the rise of towering structures as well as vital infrastructures mark or signify the success of any place. The construction of complexes, roads, bridges, skyscrapers, and buildings is greatly associated with the upward trajectory of the place’s economy. This would further mean that the establishment of a world-class city implies the construction of man-made monuments that will prove to its development. Indeed, it is. An increasing number in building constructions mean more capital, more investment, and more finances that are being spent and earned.

You can actually see this phenomenon in emerging global hot-spots. Construction within these places equated bigger with better. Construction companies continue to build towering hotels, sky-high rises, as well as mammoth shopping complexes. These establishments are all regarded the icons of the place’s wealth as well as stature within the International economy. These buildings likewise serve as business, leisure, and residential venues for its guests, tourists, residents and the expat population.

One of the characteristics of a reputable and excellent construction company is its commitment to environmental safety. The most reliable construction companies implement rigid health and safety measures in terms of transportation, storage, treatment, collection, as well as disposal of hazardous wastes. They actually ensure that management processes are in accordance with all the local regulations and international standards in order to make sure that their project will pose no harmful impact on their employees, the future building residents, the general public, the community, as well as the environment.

Another characteristic of leading construction companies is competence and excellent customer support. Leading construction firms these days guarantee that their approaches with their projects are within its tradition. This would further mean that event the most ordinary buildings are built in accordance with the highest standards, from the concept, to the materials and equipment utilized, to the entire construction process, to the quality and safety control.

Construction Companies Dubai : List of the Construction Companies with Contact Details & Location Map. Top Construction Companies in Dubai.

Top construction companies in Dubai yellow pages online directory including construction companies in Dubai Airport Free Zone, Dubai Cars and Automotive Zone, DUCAMZ, Dubai Auto Zone, Dubai Design District, Dubai Healthcare City, Dubai International Academic City, Dubai Internet City, Dubai International Financial Centre, Dubai Knowledge Village, Dubai Media City, Dubai Gold and Diamond Park, Dubai Multi Commodities Centre DMCC, Dubai Silicon Oasis DSO, International Media Production Zone, Jebel Ali Free Zone, Dubai Production City, Dubai World Central (Dubai South), Dubai Studio City and more. Find all construction companies listed in Dubai yellow pages online directory.

Find all construction companies listed in different neighbourhoods and communities in Dubai including: Deira, Al Dhagaya, Al Garhoud, Al Karama, Al Nahda, Al Qusais, Al Ras Al Rashidiya, Al Rigga, Dubai International Airport, Hor Al Anz, Mirdif, Nad Al Hammar, Bur Dubai, Al Barsha, Al Karama, Al Quoz, Al Wasl, Business Bay, Dubai Marina, Emirates Hills, Dubai International City, Jebel Ali, Jumeirah, Jumeirah Islands, Jumeirah Lake Towers, Nad Al Sheba, Oud Metha, Port Rashid, Ras Al Khor, Ras Al Khor Industrial Area, Trade Centre, Umm Suqeim and Zabeel Dubai.

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Construction Companies in Dubai UAE : List of the Top Construction Companies in Dubai with Contact Details

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Construction Companies Dubai : List of the top Construction Companies in Dubai with contact details including company names, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Top Construction Companies in Dubai UAE.

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Online Business Directory UAE : UAE Yellow Pages Online Directory – Online business directory in UAE where all businesses across the UAE are listed and can be searched. Find local businesses and companies in the UAE online business directory with company names, company profile, contact details, telephone numbers, email addresses, websites, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Online local search & business directory for UAE providing best information on all products and services. AllUAE.ae is your tool to search for your favorite destinations ‎either for business or pleasure. AllUAE.ae is the local search engine; it collects, filters, classifies and presents local business information to the market. A smart shortcut to what you need, no matter where you are located in UAE.

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  1. How To Look For The Right Construction Company in Dubai UAE

    How To Look For The Right Construction Company in Dubai UAE – Among the many industries in the United Arab Emirates, one that is considered to be always a huge operation is construction. With different structures involved, be it residential or commercial, it would take a lot of time and money, not to mention, effort in completing the job. It is also a risky job so expertise is a must to any firm that would take on this kind of work.

    Because this industry is in demand today, many companies in Dubai are venturing into this business. They all possess different qualities and capabilities necessary to complete any construction project. However, experts share that there are certain qualifications that one should look for when hiring a company to ensure the project is in good hands. Some of the qualities are listed below.

    1. Experience. This quality can say a lot about how a construction company in Dubai is knowledgeable about the industry. With experience, they would know the rules and regulations that should govern all construction projects. Any client would be confident knowing the construction firm they got has already proven their skill in the number of years they have been in the construction industry in Dubai UAE.

    2. Reputation. An ideal firm is one that has been referred to by many clients. This is a manifestation that the firm has done a great job when handling their projects. Many clients would vouch for the workmanship of any firm so long as they are satisfied with their job. Searching online for construction companies in Dubai including the testimonials of their clients can be a good start to look for the right company.

    3. Scope. What clients should know about construction firms in Dubai is that some of them may only offer a limited scope when it comes to construction services. However, there are others who offer a lot of services such as landscaping, installation, and even interior design. It is recommended to opt for companies that offer a wide range of services to avoid any hassle during the entire construction process. It would save a lot of time rather than hiring other companies for other construction services in Dubai UAE.

    4. Fees. This is something any client should consider before agreeing to anything. There are construction companies in Dubai that offer reasonable fees. Don’t just stop and stick to one company. Make sure everything including the budget is in line with the planned cost for the project.

    5. Portfolio. To make sure you are on the right track, it would be ideal to check the previous projects handled by the construction firm. Firms usually compile them in a portfolio for their future clients to see. Checking their portfolio is also the best time to decide whether their services would fit your needs.

  2. Top Construction Companies in Dubai

    Top Construction Companies in Dubai UAE – Under the field of civil engineering and architecture, construction is a method that consists of assembling or building infrastructure. Usually, this work is managed by a project manager and supervised by a construction engineer, construction manager, project architect or design engineer. There are several types of construction projects such as industrial construction, building construction and heavy or civil construction.

    Building construction is a process of adding small or big structures to land or real property. Most of the building construction jobs are small reconstructions like adding bathroom or reconstruction of a room. Often times, the titleholder of the property acts as a designer, paymaster and laborer for the entire job. However, all the building construction jobs include several elements in legal consideration, financial and usual design.

    Building constructions are procured publicly or privately using different delivery methodologies such as management contracting, hard bid, construction management at risk, design & build bridging, and negotiated price.

    Residential construction technologies, resources and practices should conform to the codes of practice and local building authority regulations. The materials used are widely accessible in the market. The common materials used are timber, stone and brick. The cost of construction is on a “per square foot” basis. This is since homes can vary significantly on local site considerations, conditions, and economies of scale.

    Heavy or civil construction is a procedure of adding infrastructure to the environment of a building. The builders are usually government agencies both at the local or national level. These also have legal and financial considerations. This project primarily serves the public interest. They are undertaken and supervised by some large private corporations such as power companies, golf courses and whoever oversees the construction of access dams, roads and railroads.

    Industrial construction requires highly specialized skill in construction, planning and design. Holders of this project are normally industrial, for profit or large corporations. This corporation can be found in industries such as chemical, medicine, power generation and petroleum manufacturing.

  3. What to Look For When Hiring Construction Companies in Dubai

    What to Look For When Hiring Construction Companies in Dubai UAE – If you’re about to begin a building project, you’re going to need qualified builders. There are many types and sizes of construction companies available for hire, so to determine the best option you should consider your individual building needs and preferences. In addition to keeping your personal preferences in mind, you should look for specific features in your building candidates to ensure your project’s success. Use this guide to clearly define your project needs and to aid in locating the company that best fits those needs.

    First, consider the size and expected cost of your project. When comparing construction companies, select a firm that specializes in the type of construction work you need completed. If you’re remodeling your kitchen, a small company is probably sufficient; however, if you’re planning to build or refit a large structure, you’ll want to hire a larger firm that is capable of handling big projects. Determine a cost estimate before beginning your search as this will help you narrow your possible choices. Price is certainly a determining factor, but it isn’t always wise to go with the lowest bid. If a company offers to do the same work for much less than the average, the quality of materials is most likely poor and the firm may cut corners to save cash.

    Second, it’s usually safer to hire an established firm rather than an individual to manage your project. Construction projects in Dubai can take anywhere from six months to a year to complete. Hiring only one individual with a few employees to complete all contracted work is risky. Choosing a construction firm with multiple qualified project managers and established policies and procedures alleviates this risk.

    Third, you should make sure your project manager has experience with your project type. For example, if you’re constructing a brand new facility, you need a manager with an architectural background, along with building and design experience. Ask that your project be assigned a senior project manager and make sure you have a contact number for this person. Although you do want an appropriate construction company for your specific type of work, you never know what issues and requirements will arise, so try to hire a firm with various other kinds of experience as well.

    Fourth, only consider Dubai construction companies that employ a cohesive approach. Successful projects take many different types expertise. To be successful, your team needs a projects manager and a designer, as well as multiple core workers and coordinators. Some construction outfits will allow you to bring outsiders onto your team, but typically they’ll assign a team for you. Meet all your team members and stay present throughout the process. This way the building will be completed to your specifications, and developing a relationship with your team will encourage them to do good work.

    Finally, it is very important to do your research and take your time when making your decision. If you hire a place before doing your research, you could end up overpaying. Building projects are very expensive, and if the work is done poorly you’ll end up paying another firm to fix it anyway. You can avoid these and other issues, such as incomplete work or poor customer service, by meeting with multiple choices and comparing prices and services. You can find companies in Dubai by doing on online search and asking friends and acquaintances for suggestions.

  4. Construction Companies in Dubai Yellow Pages Online Directory

    Some Characteristics Of Excellent And Reputable Construction Companies in Dubai – You may have observed that plenty of buildings these days are well-designed and constructed by various construction companies all around the world. Oftentimes, these buildings are made up of concrete and steel. In fact the rise of towering structures as well as vital infrastructures mark or signify the success of any place. The construction of complexes, roads, bridges, skyscrapers, and buildings is greatly associated with the upward trajectory of the place’s economy. This would further mean that the establishment of a world-class city implies the construction of man-made monuments that will prove to its development. Indeed, it is. An increasing number in building constructions mean more capital, more investment, and more finances that are being spent and earned.

    You can actually see this phenomenon in emerging global hot-spots. Construction within these places equated bigger with better. Construction companies continue to build towering hotels, sky-high rises, as well as mammoth shopping complexes. These establishments are all regarded the icons of the place’s wealth as well as stature within the International economy. These buildings likewise serve as business, leisure, and residential venues for its guests, tourists, residents and the expat population.

    One of the characteristics of a reputable and excellent construction company is its commitment to environmental safety. The most reliable construction companies implement rigid health and safety measures in terms of transportation, storage, treatment, collection, as well as disposal of hazardous wastes. They actually ensure that management processes are in accordance with all the local regulations and international standards in order to make sure that their project will pose no harmful impact on their employees, the future building residents, the general public, the community, as well as the environment.

    Another characteristic of leading construction companies is competence and excellent customer support. Leading construction firms these days guarantee that their approaches with their projects are within its tradition. This would further mean that event the most ordinary buildings are built in accordance with the highest standards, from the concept, to the materials and equipment utilized, to the entire construction process, to the quality and safety control.

  5. Construction Companies in Dubai Yellow Pages

    Consideration When Choosing Construction Companies in Dubai Yellow Pages Online Directory – It is true that future construction projects cannot be achieved without the assistance of contractors who supply construction companies with excellent equipment and manpower. And if you are planning to construct your own building project and choosing suppliers for construction companies, you have to choose a company that can assist you complete the project that can either match or surpass the existing structures. Below are some important things you must take into consideration.

    First, you have to check for the quality as well as the modernity of construction equipment used. Leading construction companies are capable of completing the most difficult projects by using the most innovative range of equipment. Contracting companies that have delivered as well as completed a wide range of projects from massive infrastructures to marine constructions in and all around the world would mean great results for your own huge project.

    Secondly, choose a company that has commitment to health and safety. Ensuring health and safety is the key and heart of each and every project delivered and completed on time and within budget. Illnesses as well as accidents among workers can delay construction, and delays for any project may mean additional costs. You have to make sure that your construction partner passed the health and safety standards within the industry. From periodic reviews of quality policies and objectives towards providing safe working environment along with safety standards are followed to the letter.

    Thirdly, examine the company’s work within the construction industry. Apart from health and safety compliance, you also have to choose a supplier for construction companies that can work on any kind of project. From highways and roads to marine ports and areas, you have to choose a contracting company that can do all these.

    Fourth, know how the company communicates with their clients by trying to call them and observe if your calls are returned immediately. You have to choose a company that is readily available when you need them.

    Apart from that, you also have to look at their specialty. You can ask them if they have accomplished a project that is similar to what you want them to construct. Try to gauge their experience on the type of job you are asking them to do prior to signing a contract with them.You also have to check what their liability level is. Above all, choose a reputable construction company who has excellent reputation.

  6. UAE Yellow Pages Online Directory

    Construction sector will be key driver of Dubai growth in 2017 – Private sector companies in Dubai signalled their “most upbeat” business outlook for 2017 since June 2015, driven by a rebound in construction activities in the run up to Expo 2020, according to Emirates NBD. Earlier this month, the bank’s purchasing managers’ index said growth momentum in the UAE’s private sector non-oil activity gained traction in December 2016 on back of improving economic conditions.

    Dubai’s 2017 budget has increased the emirate’s infrastructure spend by 27 percent with a government entity beginning the year with the launch of “Dubai Harbour”, a multi-billion-dollar tourism project. Consultancy firm Deloitte has estimated projects worth $2 trillion are in the pipeline in the Gulf countries despite a 17 percent decline in the forecast of contract awarded last year. The “strongest” activity is forecast in Saudi Arabia and the UAE, it said.

    “The degree of positive sentiment picked up to its highest since June 2015. Stronger business optimism was recorded across all three key sectors, led by travel and tourism,” the bank said. Overall, the seasonally adjusted Dubai economy tracker index averaged 55.9 in December – the highest reading since July – and up from 55.2 in November, signalling marked month-on-month improvement.

    Travel and tourism remained the best performing sub-category followed by wholesale and retail and as construction firms registered a “positive” shift in growth momentum at the end of 2016. Job creation remained “marginal”, as all three key sectors recording “subdued” rates of employment growth. Construction companies saw the fastest rise in staffing levels, with job creation rallying to its strongest level since May, driven by “greater workloads and improving confidence regarding the business outlook”.

    Khatija Haque, head of MENA Research at Emirates NBD, said the bank expected construction to be the “key driver” of growth in Dubai in 2017 as preparations for Expo 2020 move up a gear. New work continued to expand at a sharp rate in December, with the rise termed as “one of the fastest since early-2015.”
    The bank said “this reflected strong contributions from travel and tourism, wholesale and retail and an acceleration in construction sector new order growth which is the steepest since May”.

  7. UAE Yellow Pages Online Directory

    During the last real estate boom in 2006, Dubai was home to 30,000 cranes, 24% of the world’s total. Although many of these came to a halt as the local economy was hit by the global financial crisis, the city looks set to reclaim its title as the crane capital of the world, according to Simon Gray, the managing director of Chesterton MENA.

    It is not difficult to see why. Dubai’s real estate market has been brought back to life, residential sales prices have risen steeply and once-pessimistic developers have revived mothballed projects. Add to this Dubai’s victory in securing the right to host the World Expo in 2020 – an announcement that will bring with it a raft of infrastructure projects and investments – and it is easy to see why the local construction industry is in a buoyant mood.

    There are several positive signs for the future of the sector. The construction industry’s share in the economy of Dubai stood at about 8% in 2013, substantially below the 2008 level of 14%. This is largely seen as a positive sign that the sector has recovered without falling prey to the excesses that led to a hard landing in 2008 and the years that followed. The industry is regaining confidence as contractors get their cash flows in order and are awarded more jobs. The banking sector, itself badly hit by its exposure to the real estate and construction industry, has now offered a vote of confidence – in December 2013 construction loans increased by 40.1%, the biggest rise since June 2009.

    Most importantly, the pipeline of work has begun to swell. According to EC Harris, a built-asset consultancy firm, the volume of announced and planned projects in the UAE as a whole was valued at $315bn for 2014. When projects currently under construction are included, the figure for the full year could reach $730bn. As such, the order books of major contractors should be filling up for some time to come.

    The most important catalyst for future growth will be the Expo 2020, which is expected to draw 25m visitors to Dubai during the six-month hosting period. Furthermore, in the six years leading up to 2020 an additional 277,000 jobs will be created to help prepare for the event.

    The authorities believe the Expo will have a beneficial economic and demographic impact. For example, urban planners have forecast a mid-range population growth scenario of 4.5% per year leading up to 2020, meaning a population of 2.8m. In a high-growth scenario, the emirate’s population could reach 3.4m by 2020. This suggests that there will be substantial demand for residential and commercial real estate as well as infrastructure development. Indeed, the government has already calculated that these development plans will necessitate a 25, 000-ha land release, bringing the total area of developed land in the emirate to 118,000 ha.

    Expo 2020 infrastructure alone will cost more than $9bn, even before taking into account supporting projects aimed at meeting this growing demand. The Expo site in Jebel Ali, covering 438 ha and designed to host up to 300,000 visitors at peak times, will cost between $2bn and $4bn. Infrastructure development, including the $1.36bn expansion of the metro’s red line to the exhibition site, has been allocated a further $2bn-4bn. These projects alone will offer an enormous stimulus to the construction industry.

    One of the biggest beneficiaries of the Expo announcement will be the city’s tourism industry. Consequently, there is likely to be a substantial pipeline of construction projects in the hospitality segment of the market. Tourism represented 20% of Dubai’s GDP in 2013 and is set to grow at a rate between 7% and 9% until 2020. As such, the supply of hotel rooms is expected to nearly double by the time the Expo commences.

    By the end of 2013, the market already had over 87,000 rooms in 611 graded hotel establishments, according to a report by Jones Lang LaSalle. The four- and five-star segment dominates the market, accounting for 69% of the current inventory. However, the market will require additional volume closer to 2020, while the focus of developers may shift. “Many developers are moving into hotel apartments and serviced apartments as many view this segment to be considerably less volatile over a long-term investment horizon,” Saeed Mohammed Al Qatami, the CEO of real estate developer and services company Deyaar, told OBG.

    Even without the demands of hosting Expo 2020, Dubai has set ambitious tourism targets for the next decade. According to the Department of Tourism and Commerce Marketing (DTCM) targets, which are part of the Tourism Vision 2020 plan, Dubai hopes to attract 20m tourists per year by 2020, a 100% increase on the 2010 level. With 11m visitors entering the emirate in 2013 and a major spike in entrants expected for the Expo, policy planners are focused on accommodating rising numbers of tourists.

    “Winning the right to host World Expo 2020 only escalates the scale and urgency of what remains to be accomplished,” Helal Saeed Almarri, the director-general of DTCM, told the local press in early 2014.

    The government has already taken significant steps to support the construction. Moreover, there are plans to supply land grants to developers for three-and four-star hotels, as well as to reduce the approval process for hotel construction to two months. An exemption is also planned for three- and four-star hotels from the 10% municipal fee levied on occupancy for a defined period after opening.

    This should support a substantial hotel-building programme. Even so, the hotel industry will not be the only beneficiary of Dubai’s ambitious growth plans and Expo award. The emirate’s transportation sector is also primed for substantial investment. “Connectivity to the Expo site is of course a major priority and is a collaborative effort between the Roads and Transport Authority (RTA), Dubai Municipality, Dubai Airports and other key Expo stakeholders,” Almarri told local press. The two major projects preoccupying planners over the next decade will be the expansion of Al Maktoum International Airport in the south of the city, close to Jebel Ali and the Expo site, and the expansion of the city’s metro network. The former will require an investment of $32bn, bringing the annual capacity up from the current level of 5m passengers to 120m passengers per year by 2022. This could be extended further to a capacity of 200m passengers per year by 2050. To be built in a period of six to eight years over two phases, the project should bring a host of small and large contracts to the construction market and supplement the expansion plans at Dubai’s current main airport, Dubai International, where capacity will be increased to 100m passengers per year by 2020.

    The other planned major infrastructural project in the transport field will be the metro network expansion. Expected to begin in 2015, the RTA will oversee an extension to both the red and green lines. The former will connect to the Expo through a dedicated station at the site. The RTA is currently studying four options for the 15-km red line extension, which will be completed by 2019. This is part of plans to add more than 35 km of track and 33 stations to the metro network as a whole.

    The terms and details of financing for this programme have not yet been finalised. However, the RTA is considering public-private partnership (PPP) options. The existing network is run under a contract management arrangement with the British firm Serco. Any move towards a PPP model is unlikely to include infrastructure development, but rather bring in private capital for the rolling stock and operating systems. Khaled Adel Al Monayyer, the manager of the Commercial and Investment Department at the RTA, told OBG, “Infrastructure is a huge risk that private investors do not want to take. They get the return from the rolling stock.”

    Nonetheless, Dubai is continuing with its plans to introduce the PPP model as a means of bringing expertise and capital to the development of the city. A draft PPP law is expected to be released in early 2015 and will be the second of its kind in the Gulf. Such a move could have a substantial impact on the construction industry moving forward. “It will be extremely important for the economy of Dubai in terms of private sector investment,” Al Monayyer told OBG. One area where the model could be adopted in the near future is in residential and mixed-use developments tied to the city’s public transit system.

    The RTA is now looking to promote transit-oriented development (TOD) projects throughout the city. The term, which refers to the concept of constructing housing density around transport stations, was first coined in the US and helped promote public transit and reduce car usage in North America. While the US market norms of building within 800 metres of a transit station may not be appropriate considering the often overbearing heat in Dubai, the TOD concept should help meet the increasing housing needs of the city.

    The first project in this regard will be around the Union Square station. In December 2013 the RTA announced that it is looking to develop 19,000 sq metres in the vicinity of the station on a PPP basis.

    Mattar Al Tayer, the chairman of the board and the executive director of the RTA, told the local press, “The project focuses on providing [a] high-class residential and office environment characterised by pedestrian-friendly roads, green spaces, vital utilities, retail outlets among others. The high population density in the project will contribute to supporting RTA’s drive towards encouraging the residents to use public transport means, besides providing an enjoyable avenue for residents and visitors alike.” The RTA has engaged consultancy EY to work on a study for the project, with a final report due by end-2014. The project, which is known as the Union Oasis, is expected to be tendered in the first quarter of 2015, followed by six months for financial close and then a 24-month construction period.

    Although the precise financial arrangements have not yet been established, they will be run on a revenue-sharing basis. In many ways, the agreement will therefore be like a simple lease. The RTA will take a fixed sum from the private developer within a certain revenue band. If revenue exceeds a certain ceiling, the RTA will be entitled to an additional share. The model should not only support the development of public transit in the emirate, but also support housing supply, in addition to boosting private-sector investment from the construction industry.

    Whether they are built on a PPP basis, by government-owned developers, or else by private firms, these mixed-use developments are likely to remain a staple of the construction industry in the coming years. As of April 2014, mixed-use projects accounted for 36% of the construction spend throughout the federation of the UAE, according to regional projects data tracker MEED Projects. Such developments had the biggest share in the total spend, followed by commercial projects. “Lifestyle sectors – retail, hospitality and high-end residential – are the most active construction segments,” Christopher Seymour, head of property for the UAE at ARCADIS, told OBG.

    Dubai’s high-end real estate sector is once more feeding the construction industry. According to the “GCC Powers of Construction 2014” report by Deloitte, $12bn worth of stalled projects have been restarted over the last 18 months. The government has also intervened to help kickstart what was an ailing real estate sector. In September 2011 the Real Estate Investment Promotion and Management Centre of the Dubai Land Department launched the Tanmia programme, an initiative to match potential investors with abandoned real estate projects. By September 2014, the initiative had helped relaunch 37 projects worth a combined value of $2.5bn.

    “There remain a great number of stalled projects sitting idle in the local market which could offer respectable returns on investment for private developers,” Irfan Godil, the CEO of Texture Holdings, told OBG. Alongside the reinvigoration of the real estate market, megaprojects are beginning to come back onto the agenda. One such project is the Dh2bn ($544.4m) Dubai Water Canal, which has been revived and is now scheduled for completion in 2016. The project involves drilling a canal from Dubai Creek to the Gulf, as well as plans for marine transit stations, hotels, parks, footpaths and luxury housing. The contract for the Dh802m ($218.3m) third phase of the project was awarded to the Dubai-based Belhasa Six Construct in June 2014.

    The local developer Nakheel has also brought one of its flagship projects back to the market with the October 2013 launch of Deira Islands. Originally conceived as Palm Deira, one of three palm projects by the company, the relaunched project is expected to see the development of four linked islands with 40 km of coastline, apartments, retail space and tourism resorts. When completed, the 4.5m-sq-metre project will have 50,000 hotel rooms and be home to 280,000 residents.

    Dubailand, a district of entertainment venues, theme parks and residential developments in the east of the city, is another significant example of project revival in recent years. Although the concept being developed by Dubai Properties Group was put on hold during the economic downturn, with US entertainment firms such as DreamWorks and Universal Studios pulling out, a number of residential developments within the district have been relaunched in the last two years. With good access to both Dubai International Airport and Al Maktoum International Airport, Dubailand is likely to be of great interest to secondary developers, particularly as it is within a master development. As such, infrastructure costs may be an issue, as there has been some uncertainty as to whether the government or the developer will bear responsibility for certain infrastructure costs.

    Beyond these showpiece real estate developments, infrastructure projects in the country also bring the promise of major construction contracts. The value of infrastructure contracts awarded in the UAE in 2014 is expected to increase by more than five times, to $15.2bn. While much of this, particularly outside the transport field, will be awarded by Abu Dhabi’s energy sector, there are substantial opportunities in Dubai beyond the metro and the airport. For example, the government currently has ambitious plans to construct a 1000-MW combined solar park. If completed, the $3bn project would be the biggest of its kind in the world, according to Deloitte.

    The large inventory of projects that have been brought to the market in the last 24 months should swing the pendulum back in favour of contractors. However, the uptick in the local sector also brings with it a number of challenges. The improved conditions in the region’s premier construction market, for instance, are generating additional interest from foreign firms.

    “Competition among subcontractors in the construction industry has continued to grow as more regional players enter the market, but many lack the technical sophistication to service the larger segments of the market,” Talal Saeed, a managing partner at Dubai-based interior design and construction company Fino International, told OBG. Whether all these players can compete for large contracts may be questionable, but the general interest in Dubai is ensuring that the tendering process remains highly competitive. The additional competition in the market is therefore creating price pressures within certain segments. “Rates and fees for engineering and project consulting firms have fallen to their lowest levels in over a decade as a result of heightened competition from new market entrants,” Mohammed Sadiyyah, an area general manager at Consultant Khatib & Alami, told OBG.

    Across all market segments, participants are adjusting to a new reality of price pressure during an upward movement in the cycle. “We haven’t really seen margins in the construction sector improve,” Zeina Tabari, the chief corporate affairs officer at contractor Drake & Scull, told OBG. “We don’t believe we’re going to get back to the margins of 2007.” At the height of the previous real estate cycle, contractors enjoyed gross margins well beyond 15% in some cases, a situation that is unlikely to return. However, Tabari concedes that margins are now higher than the norm after the real estate collapse.

    However, not everybody is as concerned about the pressure on contractors. “The construction market has matured a bit now and it doesn’t allow super profits,” said Seymour. Despite some pressure on contractors, tender prices have been rising moderately for the last three years. According to a report by EC Harris, tender prices are forecast to increase 3.7% in 2014, following similar growth of 2.9% and 3.2% in 2012 and 2013, respectively. This comes at a time when material costs have been falling. The company’s Construction Cost Index estimates that construction prices in the UAE will rise approximately 6% in 2015.

    However, while contractors are conscious of the 7.5% drop in tender prices in 2011 alone, the general trend in markets across the region is margin pressure. According to Global Investment House, gross margins across the GCC contracting sector declined to 11% in the first quarter of 2014, down from 11.5% in the same quarter of 2013. The research firm thus concluded that the regional sector “would continue to witness declining margins as rising construction costs and stiff competition eat into the profits of GCC contractors”.

    Construction Costs – While contractors have not had to worry about rising material costs, inflationary pressures are still having an impact on input expenses. Cost-of-living adjustments and a shortage of workers are pushing up labour costs for contracting firms. “When considering the amount of public infrastructure and mega-projects currently in the pipeline, the labour market could be under significant pressure at times as it attempts to keep pace with demand,” Al Qatami told OBG.

    In April 2014 a survey commissioned by Dubai International Academic City (DIAC) and carried out by Deloitte found that the emirate is likely to have a shortage of 500,000 workers by 2015. “As the construction industry continues to rebound across the region, there is a GCC-wide shortage of engineers forming which will likely require firms to begin pushing their recruitment efforts further afield to the Philippines, India and other countries,” Sadiyyah told OBG. These developments are likely to make labour costs rise even higher. According to EC Harris, labour rates increased by 3% in 2013 and are forecast to grow by a further 6% in 2014.

    This has been causing a range of difficulties for contractors, especially considering that labour costs, unlike material costs, are not usually covered under escalation clauses in contracts. “The challenge with the construction industry is always labour costs, not procurement. However, material prices can always be hedged, which assists you in managing your risk,” Tabari said. “Procurement affects sectors differently, from civil to engineering to oil and gas.” In the civil engineering sub-sector, for example, procurement costs would usually constitute about 20% of the total costs of a project, according to Tabari. Further to this, most contracts in the Dubai market are laid out as a lump sum and as a result, do not account for sharp changes in market conditions, placing more risk on the contractors’ books.

    Construction Financing – Aside from the rising labour costs that are squeezing margins, the biggest challenge for contractors is managing cash flows. While the banking sector has begun lending to the construction industry and preferred developers once more, revenue collection remains an issue. This is partly a legacy of the financial crisis, with some contractors still awaiting payment for work on projects that were foreclosed, although this is becoming less of an issue. Industry estimates suggest that fewer than 2% of private developers still have outstanding debt issues with contractors. However, despite the uptick in work and capital flowing into real estate and infrastructure, the prevalence of late payments remains a concern. The market norm for payment terms is usually 90-120 days, but there is no penalty for late payment. With revenue collection still an issue, contractors are having to turn to term loans and bank overdraft facilities to fund their work.

    “The payment situation for contractors hasn’t improved since the beginning of 2013,” Taher Safieddine, an analyst at SHUAA Capital, told Bloomberg in August 2014. “Working capital is continuously under pressure, which is forcing contractors to go to the banks to cover the shortfall.”

    Local contractor Arabtec, for instance, reported that money owed by clients increased to Dh8.8bn ($2.4bn) in the first six months of 2014, up from Dh7.2bn ($1.96bn) at the end of 2013. The company’s debt climbed by Dh329m ($253.7m) in the second quarter of the year to Dh1.29bn ($351.1m). Another large contractor, Drake & Scull, has taken two term loans worth Dh199m ($54.17m) to meet the rapid growth in its backlog and address the issue of delayed payments, according to Bloomberg.

    Nonetheless, while there will be significant implications for profitability and project delivery as a result of the additional cost of borrowing, the general outlook for large-scale contractors remains positive. In the first quarter of 2014, for example, Arabtec saw profits increase by 120.7% year-on-year, while in the same period its net profit margin grew to 6.4% from 4% in the first quarter of 2013.

    While Arabtec has been one of the leading drivers of growth across the regional construction sector, reporting a gross margin of 15.3% in the first quarter of 2014, its performance is still a reflection of a buoyant local industry. The pipeline of projects across a range of segments – from residential real estate and hotels to transport infrastructure – should offer plenty of tenders for contractors as well as support a growing pipeline of work.

    While cost pressures are affecting the market, margins have improved and are putting the sector on a more sustainable path. The focus for the sector over the coming years will be on building developments to accommodate the visitors expected in 2020. Even beyond the Expo, the fundamentals of the market look solid for a sustained period of growth.

  8. UAE Yellow Pages Online Directory

    Dubai’s Expo 2020 infrastructure spending to boost UAE construction sector – The UAE construction market remains on course to grow at a faster pace than the wider economy, fuelled by infrastructure spending in Dubai, according to one analyst.

    BMI Research is forecasting growth of 6.6 per cent for the UAE construction market this year, considerably ahead of the IMF’s forecast of 2.6 per cent growth for the wider economy.

    The value of the UAE’s construction industry is set to increase to Dh181 billion next year from about Dh162bn this year, the company said. BMI Research also predicts growth of more than 6 per cent for the following three years as Dubai ramps up spending ahead of Expo 2020, but a fall-off of 2 to 3 per cent a year after 2020.

    It said that Dubai’s planned projects in real estate and energy are “progressing well”, but said that Abu Dhabi had been more exposed to the downturn in commodities as government and private sector spending were more reliant on the oil and gas market.

    Using remittances from the emirate to Pakistan as a proxy for construction activity (because so many labourers in Abu Dhabi come from the country), it said there was a slowdown in activity for most of last year.

    Despite this, BMI Research said that major projects such as the Route 2020 Metro extension on the Red Line in Dubai, the expansion of Jebel Ali Port and Al Maktoum Airport would continue to drive activity. It said that even the postponed Etihad Rail phase two – the link to Dubai and Abu Dhabi – is likely to be built, as it has been assured funding by the Federal Government and there remains a solid business case for the UAE to build its own network, regardless of the wider GCC project.

    “The UAE would gain a major competitive advantage over regional peers with the introduction of a rail service,” the report said. “Congestion on the UAE’s road networks has become a major issue, so removing significant volumes of freight traffic would be of benefit to businesses and the population.”

    William Bodie, an executive vice president at the US-based building consultancy Parsons, agreed with the report’s assertion that Dubai is likely to drive growth in the near future. “In our work as a consultant, we’re seeing a heavier volume of proposals and work orders in Dubai as compared with Abu Dhabi.”

    Yet Patrick McKinney, the head of Gulf States for the contractor BAM International, said that BMI Research’s 6 per cent growth figure was “very optimistic”. “The real estate sector in Dubai is holding up for now, but generally I don’t think anyone is saying it is growing at 6 per cent. A lot of stuff has been … pushed back and delayed,” Mr McKinney said.

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