Construction & Real Estate

Abu Dhabi Construction & Real Estate 2013
After a period of rapid growth in 2008 and early 2009, the construction sector has settled into a more moderate pattern in recent years. However, 2012 began on a positive note; in January 2012 the Executive Council announced that it had approved a range of projects, including some that had previously been put on hold, covering housing, health care and education, in addition to major transport infrastructure development. In real estate, a number of commercial and residential projects have come onto the market, bringing prices down to a level more comparable with those in neighbouring Dubai. Abu Dhabi’s retail and industrial segments are also expanding; mall space is expected markedly by 2015, while industrial real estate has much potential for growth thanks to the government’s focus on establishing the emirates as a centre for industrial activities and transport. This chapter includes an interview with Majid Al Mansoori, Chairman, Department of Municipal Affairs (DMA).
Cover of The Report: Abu Dhabi 2013

The Report

This chapter is from the UAE: Abu Dhabi 2013 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Majid Al Mansoori, Chairman, Department of Municipal Affairs (DMA)
OBG talks to Majid Al Mansoori, Chairman, Department of Municipal Affairs (DMA)