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Dubai house prices, already off some 60% from their peaks, are set to fall a further 10% in 2010, a Reuters poll showed, as the emirate'??s debt crisis will likely delay a property sector recovery to 2012. Dubai rocked the financial world on November 25 when it said it would ask creditors of Dubai World, the conglomerate behind its rapid expansion, and Nakheel, builder of its palmshaped islands, to agree to a standstill on billions of dollars of debt as a first step to restructuring. More than 500 projects have been suspended or canceled in the United Arab Emirates, with Dubai the most severely affected of the seven emirates that make up the federation, Dubai-based research firm Proleads said in September. '??The recent woes of Dubai World have further sapped the prospects of a recovery in real estate,'?� said Fabio Scacciavillani, an economist at the Dubai International Financial Center. '??On a long term (view) we expect the crisis will limit the supply of properties in the market due to the decrease in liquidity and financing,'?� said Sajeer Babu, an equity analyst at National Bank of Abu Dhabi.