Dubai’s troubled property market
Major projects still on hold a year after emirate sought freeze on its debt repayments.
Published On 25 Nov 2010
Recovery in Dubai is still sluggish a year after the emirate was forced to delay repayments on its $20bn of debt.
Multi-billion dollar projects have stalled and there is an over-supply of luxury apartments.
Dan Nolan reports from the city-state.
Source: Al Jazeera