Real estate developers in the UAE are going to have to negotiate creatively with investors during 2010 to avoid a rise in defaults, a local expert has warned.

'Clearly, there will be more investors who have decided not to pay for things that are never going to get delivered and if I was in that boat I would probably default as well,' Craig Plumb, head of research, Middle East and North Africa, at Jones Lang LaSalle told Arabian Business on the sidelines of an event on Monday.