Dubai market evidence

Off-Plan vs Ready Property in Dubai

How off-plan and ready (existing) property prices compare in the historical DLD transaction record — and what the difference means when you are pricing or buying.

Off-plan vs ready — the numbers

Off-plan median

16,323 AED/sqm

44% of sampled sales

Ready (existing) median

9,905 AED/sqm

56% of sampled sales

Off-plan vs ready

+65%

Median AED/sqm difference

Sampled transactions

208,134

What the gap means

In the sampled DLD records, off-plan sales carry a median of 16,323 AED/sqm against 9,905 AED/sqm for ready (existing) units — an off-plan median roughly 65% aboveready stock. A higher off-plan median does not automatically mean off-plan is “more expensive”: off-plan launches skew toward newer towers and prime communities, so part of the difference reflects what is being sold, not a like-for-like premium.

Off-plan (44% of sampled transactions) is bought from a developer before or during construction, typically on a payment plan, with handover and delivery risk. Ready property (56%) is an existing unit you can inspect and rent out immediately. For a fair comparison, always narrow to the same area and unit type rather than relying on citywide medians.

This is sales transaction evidence only and ends 2023-03-17. It is market reference, not valuation or investment advice.

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