Dubai market evidence
Off-Plan vs Ready Property in Al Hebiah Second
How off-plan and ready (existing) prices compare inside Al Hebiah Second in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Al Hebiah Second — the numbers
Off-plan median
12,145 AED/sqm
73% of sampled sales
Ready (existing) median
6,701 AED/sqm
27% of sampled sales
Off-plan vs ready
+81%
Dubai overall: +65%
Sampled transactions
565
What the Al Hebiah Second gap means
Across 565 sampled sales in Al Hebiah Second, off-plan carries a median of 12,145 AED/sqm against 6,701 AED/sqm for ready stock — an off-plan median roughly 81% above ready units. Citywide the same comparison sits at +65%, so Al Hebiah Second runs 16 percentage points wider 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 Second 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 (73% 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 (27%) 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.