Depends on which side of the fence you are on.

Option 1 :- There are some investors who buy to rent. I happen to be one of them. With such a model as long as you are on positive cash flow which I reckon I will be, then one should not be worried. I would like rental income coming in every month. I have structured my investments in such a way that even if commercial rentals coupled with my residential rentals should fall to Dhs 100 psf which I forsee as unlikely. I would still have a positive cash flow of Dhs 10,000 per month, not forgetting the appreciation of the property during the construction period. There is nothing immature in this kind of investment.

Option 2 :- What you are saying is right for people who intend to flip which is another investment model. Here you buy and get out when you feel you have made enough. Nothing wrong with it for sure. Quick returns, no emotions involved.

Today Canal Hub @ sports city is selling at Dhs 950 to 1000 psf, I just bumped into a Falak stand today. When the full infra structure comes in place, you probably might be looking at Dhs 1500 psf if not more. If Diane H bought her property at Dhs 750 psf ( which were the rates some time back ). You are looking at a 100% yield on your investment by holding on for a few more years. isn't it worth it ?.

Real estate has proved benificial when you hold onto it. If you have entered at the right time, you can be assured of your returns even if the market corrects. If you have entered at an all time high then you should be worried. Sports city is still OK to buy I feel.

I am no expert. I just posted what I felt. It could be right....could be wrong. No offence meant.

Regards

Roshan