losses continue for Dubai Home builders with announcement of major losses announced for Developers Union properties and Deyaar all Property developers have seen major starain on margins since the crash of the property market mid 2008.

Only recently did Dubai top developer Emaar bucked the trend announcing strong profits a few weeks back, Emaar underwent a strong cost cutting policy which has helped figures also with the delivery of Burj kahlifa final units can be handed over and revenues increased from final payments from property developers.

Investors consider Emaar units to be of the highest finishing and are still very much sought after whilst being one of the highest priced units per sq ft are significantly lower than 2008 compared to other developers.

Both Union properties and Deyaar have further developments to hand over this year so will improve performance with final payments coming in for apartments.

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