Steel prices in Dubai recorded a significant decline during the first quarter of this year, while some other building materials saw slight increases, reflecting the variability in the local construction market, according to data from the Dubai Statistics Center, part of Digital Dubai.
📉 Decline in Rebar Prices
The price of a ton of twisted Rebar (6-8 mm) decreased by AED 216 to AED 2,559, compared to AED 2,775 during the same period in 2024. The price of twisted Rebar (10-25 mm) also decreased by approximately AED 212 to AED 2,438, compared to AED 2,650 previously.
Some manufactured steel products recorded mixed performance, as follows:
The price of 7 mm floor steel mesh decreased by 9% to AED 76.
In contrast, 6mm floor steel mesh prices rose by 4% to AED 65.72.
8mm floor steel mesh prices also jumped by 11.3% to AED 112.54.
📈 Limited Increases in Concrete and Cement
Ready-mix concrete prices saw an annual increase in the first quarter, as follows:
The price of 40 Newton Ordinary Portland Concrete rose by 2% to AED 261/m³.
Salt-resistant concrete also rose by 3.2% to AED 266.8/m³.
As for cement prices:
The price of salt-resistant cement rose by 0.3% to AED 15.71 per bag (50 kg).
The price of white cement increased by the same percentage to AED 34.77 per bag.
🧱 Other Building Materials: Massive Declines in Sand and Bricks
Sand and brick prices saw annual declines, most notably:
White sand to AED 771 (compared to AED 790).
Black sand to AED 1,038 (compared to AED 1,103).
The price of solid and hollow concrete blocks of all sizes decreased, reaching a minimum of AED 2.48 per piece for a 4 cm hollow block.
These indicators reflect the resilience of the construction market in Dubai and the reduced pressure on heavy materials such as steel, due to the stability of project volumes and the balance of supply and demand. The slight increases in concrete and cement prices reflect the continued balanced demand in the real estate and infrastructure sectors.
