Dubai market evidence
Off-Plan vs Ready Property in Al Hebiah First
How off-plan and ready (existing) prices compare inside Al Hebiah First in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Al Hebiah First — the numbers
Off-plan median
11,338 AED/sqm
2% of sampled sales
Ready (existing) median
7,170 AED/sqm
98% of sampled sales
Off-plan vs ready
+58%
Dubai overall: +65%
Sampled transactions
1,180
What the Al Hebiah First gap means
Across 1,180 sampled sales in Al Hebiah First, off-plan carries a median of 11,338 AED/sqm against 7,170 AED/sqm for ready stock — an off-plan median roughly 58% above ready units. Citywide the same comparison sits at +65%, so Al Hebiah First runs 7 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 First 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 (2% 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 (98%) 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.