Dubai market evidence
Off-Plan vs Ready Property in Al Safouh Second
How off-plan and ready (existing) prices compare inside Al Safouh Second in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Al Safouh Second — the numbers
Off-plan median
26,055 AED/sqm
89% of sampled sales
Ready (existing) median
23,367 AED/sqm
11% of sampled sales
Off-plan vs ready
+12%
Dubai overall: +65%
Sampled transactions
570
What the Al Safouh Second gap means
Across 570 sampled sales in Al Safouh Second, off-plan carries a median of 26,055 AED/sqm against 23,367 AED/sqm for ready stock — an off-plan median roughly 12% above ready units. Citywide the same comparison sits at +65%, so Al Safouh Second runs 53 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 Safouh 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 (89% 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 (11%) 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.