Building costs rise by 10-15 pct in the UAE

Building costs rise by 10-15 pct in the UAE
Published: 19 April 2006

Building and construction contractors have increased their quotations for contracts by 10 to 15 per cent in view of the increase in the prices of building materials. Cement prices are also expected to rise soon.   According to a report in the Gulf Today, prices of building materials have gone up by between 3.3 per cent and 20 per cent, with steel topping the list of materials of increased prices.