Dubai property developers have reported losses for Q2 this year Union Properties and Deyaar developments have both reported losses in Q2 2010 account filling, both developers are well established with union properties having sizable developments in the motor city Dubai Sports city and Deyaar concentrating activity on Jumeirah lake tower and Business District areas.

Un ion Properties reported a loss of 349m Aed and Deyaar a 243 million Aed loss both companies have remaining property developments to deliver and hopefully will see improved figures in Q3 and Q4.

Dubai biggest developer Emaar Properties as seen a boost in Profits for this year following a difficult 2009 with their flagship development Burj Khalifa being delivered this year, Emaar Properties and developments proof very popular with investors due to the prime spots and renowned quality of finishing.

Property investor and end user caution is the main problem at this time with many chosen to rent until property prices stable even though in the market property agents are seeing a boost in interest in High value properties from individuals who have been less effected by the crash and now see bargains potentially 50% cheaper than 2 years ago.

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