Master developers on Reem Island, an 864-hectare area that will house up to 200,000 people by 2017, are powering ahead with infrastructure to ensure their projects progress in the slowdown.

The assurances from the developers comes as prices for apartments on Reem Island have dropped by between 15-50% on the secondary market, according to property brokers. Direct sales from developers have all but stopped and construction has stalled on some projects.

The National