Property developers in Dubai expect price declines of about 15 per cent this year but are confident there will be no return to the days when huge projects were abandoned half-finished. Photo: Reuters

Dubai property developers unfazed despite drop in prices

Property companies in the Gulf emirate still churning out huge projects even as real estate values have fallen and are expected to slide further

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Property developers in Dubai expect price declines of about 15 per cent this year but are confident there will be no return to the days when huge projects were abandoned half-finished. Photo: Reuters
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