{"id":59972,"date":"2021-03-15T10:39:18","date_gmt":"2021-03-15T06:39:18","guid":{"rendered":"https:\/\/blog.dubaicityguide.com\/site\/?p=59972"},"modified":"2024-06-11T10:39:59","modified_gmt":"2024-06-11T06:39:59","slug":"construction-cost-index-of-dubai-drops-by-1-72-in-2020","status":"publish","type":"post","link":"https:\/\/blog.dubaicityguide.com\/site\/construction-cost-index-of-dubai-drops-by-1-72-in-2020\/","title":{"rendered":"Construction Cost Index of Dubai Drops by 1.72% in 2020"},"content":{"rendered":"<p>\u200bThe Construction Cost Index dropped by 1.72% during 2020, as the Construction Cost Index was 105.75 during 2020, compared to 107.60 in the previous year. The Construction Cost Index of non-residential buildings prices dropped by 1.50% and residential buildings prices dropped by by 1.79%, compared to the previous year.<\/p>\n<p>The main reason for the decline in the Construction Cost Index is the price drop of materials and raw materials used in construction operations by 2.89% due to the drop of prices of Mining and Quarrying by 3.98% and Manufacturing by 2.83%\u00a0 due to the drop of prices of Refined Petroleum Products by 11.59%, Computers, Electronic and Optical products by 5.52%, Non-Metallic Mineral Products by 4.46%, Electrical Equipment by 2.27%, Manufacture of Basic Metals by 1.73%, Furniture by 1.58%, Wood and Wood Products, Except Furniture by 1.08%, Machinery and Equipment N.E.C. by 0.16, and Chemicals and Chemical Products by 0.06%.<\/p>\n<p>Whereas the prices of Hiring of Equipment, Labour Wages and Other Costs were stabilized and remained at their previous proportions during 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u200bThe Construction Cost Index dropped by 1.72% during 2020, as the Construction Cost Index was 105.75 during 2020, compared to 107.60 in the previous year. The Construction Cost Index of non-residential buildings prices dropped by 1.50% and residential buildings prices dropped by by 1.79%, compared to the previous year. The main reason for the decline [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":59946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-59972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/59972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=59972"}],"version-history":[{"count":1,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/59972\/revisions"}],"predecessor-version":[{"id":59973,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/59972\/revisions\/59973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/59946"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=59972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=59972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=59972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}