Homeowners are trying to sell at significantly discounted prices to offload their properties amid a stuttering market.

Posing as a prospective buyer of a two-bedroom apartment in Dubai and Abu Dhabi, a reporter was immediately able to knock about 10% off several advertised prices.

One broker selling a Dh2.6m apartment at Jumeirah Beach Residence refused to offer more than a Dh200,000 discount as he said the price had already been slashed by more than Dh1m since the summer.

The National