What renovation really costs in Dubai.
Published quarterly from March 2027: real cost bands by element and community, from tendered projects priced on one BOQ by verified contractors. The number everyone else keeps to themselves.
The bands, by element and by community.
Cost per square metre by scope level
Refresh, full interior, structural. The first published measurement of what a villa renovation costs here.
Bands by element
Joinery, MEP, finishes, wet areas, external works. Where the money actually goes.
By community, by zone
Jumeirah Park is not Emirates Hills. Villas by community; offices by zone.
Variations and programme
What a typical change really costs, how long each scope really takes, and how late it usually runs.
Your own number, this week
Until the index publishes, the brief and target cost module gives you the same figures for your own property: a target cost by element for your scope, in five working days, AED 3,500, included in Principal.
When is the first Vakeel Cost Index published?
March 2027, covering the first quarter, then every quarter.
Where does the data come from?
Tendered Dubai projects on the Vakeel platform, priced by verified contractors on one BOQ, plus fifteen years of historical project data used to seed the rate engine. Figures are anonymised and published as bands by element and community.
Can I get my own target cost before then?
Yes. The brief and target cost module produces a target cost by element for your property and scope from the same rate engine, within five working days.
Who is the index for?
Owners deciding whether a quote is fair, brokers advising buyers, banks lending against renovation, and developers and community managers who want to know what their owners are spending.