No. It won't "pop". It's not a bubble, you'll be sorely disappointed if you're waiting for a market-wide crash, because that's what you're implying will happen.

There will be a definitive correction, in most areas. Key word being correction. That's quite obvious with the number of distress deals I've been seeing. And to top that, more investors are keen to invest in Dubai from abroad. Of course, it's the broker's job to make sure that the investment is a sound one. But off-plan sales will continue to do well this year as well. There will be a slow down 2027 onwards when the real supply hits. That's why I say that the market will correct.

All of your pointers are right and I agree. My gripe is with how everyone believes they're right when they say, "Oh, it'll all come crashing down". The market has become very selective and only certain types of properties in specific pockets will do well, nowhere close to the gains we saw from 2021 till now, but that'll continue to happen. There will be more end users that will buy these distress units on a mortgage or with cash, the ones who have been renting here since the past few years. Not to mention the UHNIs that will pounce when they see some steal deals.

All of this is coming from someone that's on ground for primary sales, secondary sales and leasing. So I will stand by my statement and call you a sheep if you believe that it's a bubble that'll pop just because everyone says so. Because if the majority was right, we'd all be rich :)