While observers have focused most of their attention on Dubai’s property woes over the past year, developers in Abu Dhabi have quietly slipped into a similar imbroglio.

Half of the 90,000 homes that were expected to be finished by 2013 are stalled, a recent analysis by the property consultancy Jones Lang Lasalle says. For the other 45,000 homes, JLL estimates property developers need to come up with between Dh50 billion (US$13.61bn) and Dh60bn in financing.

The National