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Construction Companies in Abu Dhabi Are Counting Dollars

Posted On : Jul-15-2011 | seen (670) times | Article Word Count : 605 |

Article contains information over construction companies Know about the changes in real estate rules and factor for growth in companies of abu dhabi.
Abu Dhabi is the capital of UAE and is also the second largest revenue earning city after Dubai. The city has experienced a good economic development because of recent construction projects coming up in the past few years. These projects have provided the city with luxurious hotels, spas, convention centers, golf courses, theatres and museums, while many projects are under planning. These construction projects can prove to be a magical stick for people who want to double their money overnight.
Change in real estate rules
Such construction projects have affirmed growth and stability of property business in the country, giving the investors and builders a reason to invest. Not only local investors, but also International investors have come up with a plethora of projects. The increased investments have led to creation of laws pertaining to construction and property's sell, purchase and rent in UAE.
The formation of construction laws has also boosted construction in Abu Dhabi. There has also been modification in laws related to buying a property in UAE, making everyone eligible to buy property in Abu Dhabi and have a freehold ownership in the properties. This condition has also enabled foreign buyers to have ownership of the properties without any chaos.
Factors for growth
The increasing population of the city also demands an increase in the residential and commercial properties. It is speculated that recent investment in real estate and properties in Abu Dhabi will mark an increase of a growth rate of 20-30%, which is among the fastest in the world.
Tourism has also been a prime factor driving increasing number of construction companies in UAE. The increased number of tourists has led to immediate and rapid construction of various hotels, shopping malls, and other recreational centers in Abu Dhabi. Such companies play a vital role in UAE's economy, thus the existence of construction companies have been a boon for the country’s economy.
UAE has also experienced an increase in the businesses and jobs, posing a desperate need for buildings to accommodate the employees and employers. However, the construction companies in UAE have efficient work force, which are committed to finish the projects on a war scale. It’s the specialty of the construction companies in Abu Dhabi to complete their projects in the stipulated time.


Efficiency to complete work on time
The efficiency of the workforce is complemented by modular slab formwork designs, which are readily available in the market, especially for commercial and residential purposes. The availability of the designs saves the time and cost for the companies, which is required in designing new projects.
The construction companies in Abu Dhabi work on three types of formwork designs, which include traditional slab formwork, metal beam slab formwork and modular slab formwork.

1. Traditional slab formwork mainly made of wood and has wood planks.
2. Metal beam slab formwork designs are made of steel. This formwork make finer concrete surface, and are reusable.
3. Modular slab formwork designs are made up of both timber and steel, and alike traditional slab formwork and metal beam slab form, these are also available in ready-made designs.

One of the other reasons why construction companies are earning a good profit because of readily available and cheap labor from other Asian countries such as Pakistan, India, Bangladesh, Afghanistan, etc.
With stabilizing real estate market, the demand for commercial and residential properties is also started to increase steadily. This condition is ideal for the growth of real estate companies in the city, and has pushed the construction companies to start the construction works on a big scale.

Article Source : http://www.articleseen.com/Article_Construction Companies in Abu Dhabi Are Counting Dollars_66767.aspx

Author Resource :
Rashmi Karan writes on behalf of NaukriGulf.com, a leading job portal for Gulf jobs Region, Jobs in Middle East and jobs in Abu Dhabi, Middle East jobs. Info Edge foray into the Middle East is an endeavour to provide established client base with services that best meet their international requirements as well a

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Category : Business : Careers

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