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Definition
Rising construction costs in UAE driven partly by poor job-level cost visibility. 80% of companies expect disputes due to unclear cost allocations and design changes. Material and labor cost increases compound when budget tracking is manual or fragmented.
Key Findings
- Financial Impact: 2-5% cost overruns annually (AED 3.8-9.5 billion across UAE market of AED 189.59 billion); typical project: AED 500,000-2,000,000 per project overage
- Frequency: Continuous (monthly cost escalations during 2025)
- Root Cause: Manual job costing, lack of real-time budget tracking, contractor fragmentation, material price volatility
Why This Matters
This pain point represents a significant opportunity for B2B solutions targeting Residential Building Construction.
Affected Stakeholders
Project Managers, Site Engineers, Cost Controllers, Finance Managers
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Evidence Sources:
- https://www.businesswire.com/news/home/20251118628415/en/United-Arab-Emirates-Construction-Industry-Report-2025-Market-to-Grow-by-4.2-to-Reach-AED189.59-Billion-this-Year
- https://www.dynamicssmartz.com/blog/construction-industry-challenges-in-uae-middle-east/
- https://firstbit.ae/blog/guides/construction-in-the-middle-east-challenges-predictions-for-2025/
Related Business Risks
تأخير السداد والتحقق البطيء من الفواتير
تكاليف الامتثال والعقوبات الضريبية
أخطاء القرار بسبب نقص الرؤية في تكاليف الوظائف
خسارة الاستحقاق بسبب عدم الامتثال لفترة الإخطار بالتغييرات (Loss of Entitlement Due to Variation Notice Non-Compliance)
تأخير الموافقة على أوامر التغيير يؤدي إلى تمديد الجدول الزمني والتكاليف الإضافية (Change Order Approval Delays Causing Schedule Extension & Cost Overruns)
تسريب الإيرادات من أوامر التغيير غير المسجلة والفواتير المفقودة (Revenue Leakage from Untracked Change Orders and Lost Invoices)
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