Dubai market evidence
Off-Plan vs Ready Property in Al Kifaf
How off-plan and ready (existing) prices compare inside Al Kifaf in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Al Kifaf — the numbers
Off-plan median
13,727 AED/sqm
6% of sampled sales
Ready (existing) median
17,631 AED/sqm
94% of sampled sales
Off-plan vs ready
-22%
Dubai overall: +65%
Sampled transactions
945
What the Al Kifaf gap means
Across 945 sampled sales in Al Kifaf, off-plan carries a median of 13,727 AED/sqm against 17,631 AED/sqm for ready stock — an off-plan median roughly 22% below ready units. Citywide the same comparison sits at +65%, so Al Kifaf runs 87 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 Kifaf 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 (6% 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 (94%) 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.