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Real Estate Briefing - Categorized | Emerging Trends, Market Moves, Middle East and Africa more

Fears grow over Dubai market as projects hit delays

Posted on 31 October 2008

From Building.co.uk: Three schemes by state-owned developer are behind schedule as reports of a slowdown gather pace. Cracks have started to appear in the Dubai construction market as it emerged several projects by one of the emirate’s biggest developers have been hit by delays.

Three schemes from Dubai Properties, the state-owned firm behind some of the region’s grandest developments, are behind schedule – at least one as a result of market concerns….. Full Article: Source


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