Average Cost Of Building A Garage Apartment Complex In Dubai

Average Cost of Building a Garage Apartment Complex in Dubai

Garage apartment complexes are popular in Dubai due to their cost-effectiveness and flexibility. They are a smart investment for those looking to generate additional income or provide housing for their extended family.

The average cost of building a garage apartment complex in Dubai varies depending on factors such as the size, location, and amenities included. However, a general range is approximately AED 2,500 to AED 4,000 per square meter. This includes the cost of materials, labor, permits, and finishing.

For example, a 200-square-meter garage apartment complex with one bedroom, one bathroom, and basic amenities will cost roughly AED 500,000 to AED 800,000 to construct. If you plan to add additional bedrooms, bathrooms, or amenities, the cost will increase accordingly.

There are several ways to reduce the cost of building a garage apartment complex in Dubai. Here are a few tips to consider:

Choose a smaller size complex.
Select a location that is less expensive to build.
Use less expensive materials.
Hire a contractor who offers a competitive price.
Avoid adding unnecessary amenities.

Once you have determined the estimated cost of building your garage apartment complex, you can secure financing to cover the expenses.

There are several financing options available in Dubai, including bank loans, government subsidies, and private investors. The best option will depend on your individual circumstances and the size of your project.

Garage apartment complexes can be a rewarding investment, providing additional income or housing for your family. By carefully planning and considering the factors discussed above, you can build a garage apartment complex that meets your needs and budget.