| DUBAI LAND AND BUILDING | |
New Building Project
1995 |
1996 |
% Change |
|
| New Building* | 1,225 | 1,170 | -4.5 |
| Figures exclude government
building and low-cost housing Source: Dubai Municipality |
Dubai Average Current Rentals per Annum
1995 |
1996 |
% Change |
|
| Factory (per sq.m.) | 108 | 133 | 23.1 |
| Office - Central (per sq.m.) | 656 | 727 | 10.8 |
| Office - Non Central (per sq.m.) | 495 | 539 | 8.9 |
| Apartment (3 bedrooms) | 60,000 | 68,000 | 13.3 |
| Villa (3 bedrooms) | 97,000 | 100,000 | 3.1 |
| Source: Selected real
estate agents in Dubai |
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