International Property Investment » luxury property in dubai http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Mon, 30 Apr 2012 18:28:08 +0000 en hourly 1 admin admin International Property Investment Blog No No Deyaar Development in Dubai Suffering 60 Percent Default Rate http://internationalpropertyinvestment.com/deyaar-development-in-dubai-suffering-60-percent-default-rate http://internationalpropertyinvestment.com/deyaar-development-in-dubai-suffering-60-percent-default-rate#comments Wed, 18 Mar 2009 15:04:16 +0000 admin http://internationalpropertyinvestment.com/?p=2104 Deyaar developments in Dubai has admitted to a default rate of 60% on works-in-progress, and has agreed to reduce prices in an effort to bring defaults down to a manageable level. "Around 60 per cent of our customers came back to us saying they were unable to pay up on their property." said Markus Giebel, CEO Deyaar.

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