Dubai market evidence
Off-Plan vs Ready Property in Al Hebiah Third
How off-plan and ready (existing) prices compare inside Al Hebiah Third in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Al Hebiah Third — the numbers
Off-plan median
13,105 AED/sqm
20% of sampled sales
Ready (existing) median
10,743 AED/sqm
80% of sampled sales
Off-plan vs ready
+22%
Dubai overall: +65%
Sampled transactions
4,124
What the Al Hebiah Third gap means
Across 4,124 sampled sales in Al Hebiah Third, off-plan carries a median of 13,105 AED/sqm against 10,743 AED/sqm for ready stock — an off-plan median roughly 22% above ready units. Citywide the same comparison sits at +65%, so Al Hebiah Third runs 43 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 Third 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 (20% 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 (80%) 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.