Prices of main building materials recorded mixed performance during the first quarter of 2024 compared to the same period in 2023. While cement prices increased by a rate ranging between 2 and 8.6%, twisted rebar declined by about 1.8%, according to data from the Dubai Statistics Center.
Prices of salt-resistant cement with a capacity of 50 kilograms touched a margin of 15.66 dirhams, an increase of 2% in the first quarter of this year, compared to 14.53 dirhams, in the same period in 2023, and plain Portland cement with a capacity of 50 kilograms increased by 8.6% from 12.52 dirhams to 13.6 dirhams. .
As for rebar, brominated iron measuring (6-8) millimeters decreased by about 2% to 2775 dirhams per ton, declining from 2825.6 dirhams in the first quarter of 2023. Brominated iron measuring (10-25) millimeters also decreased by 0.07% from 2651.6 to 2649.5. Dirham per ton.
Lime and gypsum
Lime prices stabilized without change at 15.75 dirhams per bag of 30 kilograms, while gypsum recorded a decline of 4.3% from 8 dirhams to 7.7 dirhams per bag of 20 kilograms. On the other hand, the prices of 50 kg white cement increased by 1.9% from about 34 to 34.65 dirhams.
Gravel and sand
Crushed gravel group prices increased by rates ranging between 0.4 and 2.7% in the first quarter of 2024, reaching a level ranging between 1228.6 and 1420 dirhams per 20 cubic metres. Both white and black sand decreased by 0.4% and 1.2%, approaching 790 and 1,102.8 dirhams per 20 cubic metres, respectively, while red sand rose by 0.5% to reach 909.5 dirhams per 20 cubic metres.
Block set
The prices of all types of hollow cement blocks (4, 6, 8 cm) grew by rates ranging between 20 and 25%, reaching prices that touched 2.49, 2.66, and 2.91 dirhams per piece, respectively. As for solid cement bricks (4, 6, 8 cm), they increased by rates ranging between 5 and 17.6%, reaching 3.54, 3.58, and 3.96 dirhams per piece, respectively.
Ready Mixed Concrete
Ready mix concrete prices (Portland Plain Newton 40) jumped by 11.4% from 230 dirhams per cubic meter in the first quarter of 2023, to 256 dirhams per cubic meter during the first three months of this year. Ready-mix concrete (salt-resistant Newton 40) also increased by 7.4% from 240 to 258 dirhams per cubic meter.
Floor mesh
The prices of iron floor mesh recorded a decrease during the first quarter of 2024 compared to the same period in 2023, as sizes (6, 7 and 8 millimetres) declined by 4.5, 8.4 and 8.6%, respectively, to levels ranging between 63 and 111 dirhams per (816) feet.
