Dubai market evidence
Off-Plan vs Ready Property in Al Hebiah Fifth
How off-plan and ready (existing) prices compare inside Al Hebiah Fifth in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Al Hebiah Fifth — the numbers
Off-plan median
11,502 AED/sqm
1% of sampled sales
Ready (existing) median
11,897 AED/sqm
99% of sampled sales
Off-plan vs ready
-3%
Dubai overall: +65%
Sampled transactions
7,388
What the Al Hebiah Fifth gap means
Across 7,388 sampled sales in Al Hebiah Fifth, off-plan carries a median of 11,502 AED/sqm against 11,897 AED/sqm for ready stock — an off-plan median roughly 3% below ready units. Citywide the same comparison sits at +65%, so Al Hebiah Fifth runs 68 percentage points narrower than Dubai overall.
Comparing within a single area removes most of the location mix effect that distorts the citywide figure, but not all of it: off-plan launches inside Al Hebiah Fifth may still skew toward newer towers or larger layouts than the resale stock they are measured against. Narrow further by unit type before treating this as a like-for-like premium.
Off-plan (1% of sampled transactions here) is bought from a developer before or during construction, typically on a payment plan, carrying handover and delivery risk. Ready property (99%) is an existing unit that can be inspected and let immediately.
This is sales transaction evidence only and ends 2023-03-17. It is market reference, not valuation or investment advice.