I am 100% sure. The market is extremely overpriced and ppl are about to get shocks and horror stories infact they r already getting it. There will be a lot of bad publicity in the coming months for this market which will push the prices down.
I have a whole library of projects that the sellers want to sell at or below 0% premium. I can fwd it to you if you dont believe me. Not even a single buyer has shown interest in them even at 0% premium. These arent small developers but are companies like Emaar Nakheel UP etc. This means these projects are overpriced and only a price correction can regain investor interest.
Yes you can buy at 0% premium but only on the properties launched this year.
Why don’t you get a property with 0% premium in Springs.
All the fools who have bought this year will lose, but the rest are still making huge profits.
The market will stabilize the prices will correct and we will see one more peak before any crash is going to happen.
And crash is going to happen only if another Dubai appears on the planet and sack the Dubai’s cash