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Dubai developers' quality declines during downturn

by Shane McGinley on Sep 6, 2010

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Experts say developers have been cutting costs by hiring cheaper contractors. Photo for illustrative purposes only.
Experts say developers have been cutting costs by hiring cheaper contractors. Photo for illustrative purposes only.

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The quality of finishes in new Dubai properties has dropped substantially since the downturn as developers increasingly strive to cut costs and hire cheaper contractors, a Dubai-based British firm of chartered surveyors told Arabian Business.

“Since the downturn there has been a decline in standards due to cost cutting and rushing work to complete on deadlines,” said Youcef Betraoui, managing director of Land Sterling, a property valuations firm based in Dubai.

The company specialises in inspecting the quality of building work prior to a property being handed over by the developer to the owner, commonly known as snagging.

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During their previous golden tenure itself they have cheated many investors like us on the quality of hidden building ma

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Betraoui said cost cutting by developers and the use of cheaper contractors has led to a drop in the quality of finishes and this is reflected in its reports.

The quality of finishes in new Dubai properties has dropped substantially since the downturn as developers increasingly strive to cut costs and hire cheaper contractors, a Dubai-based British firm of chartered surveyors told Arabian Business.

“Since the downturn there has been a decline in standards due to cost cutting and rushing work to complete on deadlines,” said Youcef Betraoui, managing director of Land Sterling, a property valuations firm based in Dubai.

The company specialises in inspecting the quality of building work prior to a property being handed over by the developer to the owner, commonly known as snagging.

Betraoui said cost cutting by developers and the use of cheaper contractors has led to a drop in the quality of finishes and this is reflected in its reports.
 




Readers' Comments


Menon,AIQS (Sep 7, 2010)
DXB
United Arab Emirates

Dubai Developers Compromising on Quality - SM 07.09.2010
During their previous golden tenure itself they have cheated many investors like us on the quality of hidden building materials/design considerations/decorative elements in most of their developments. They all were showing just the shell finish as first class to the world. The core construction was very feeble and not planned for a long tenure. Now they are trying even to negotiate on the shell means, this will turn as a total mishap on the security / credibility / cost evaluation aspects of these gimmick structures. In my opinion, UAE construction industry as well as the government is adding more risks with this new plans. All the best. Menon, AIQS


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