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Dubai property developers upbeat on India - Dubai Property. Dubai property developers upbeat on India Property developers from Dubai taking part in a real estate exhibition in Mumbai remained upbeat on India as a source market for buyers, despite factors including a weak rupee and slowing growth in Asia’a third-largest economy. “India and the UAE have a very close relationship traditionally,” said Sunil Gomes, the chief executive of Gemini Property Developers, based in Dubai. “The number of Indian buyers has grown dramatically in recent years.” The three-day annual Dubai Property Show, organised by the Dubai Land Department, which finishes today in India’s financial capital, is being held as forecasts suggest real estate prices in Dubai could be further subdued next year amid an expected surge in supply.
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