Dubai market evidence
Off-Plan vs Ready Property in Al Warsan First
How off-plan and ready (existing) prices compare inside Al Warsan First in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Al Warsan First — the numbers
Off-plan median
9,011 AED/sqm
13% of sampled sales
Ready (existing) median
4,778 AED/sqm
87% of sampled sales
Off-plan vs ready
+89%
Dubai overall: +65%
Sampled transactions
5,169
What the Al Warsan First gap means
Across 5,169 sampled sales in Al Warsan First, off-plan carries a median of 9,011 AED/sqm against 4,778 AED/sqm for ready stock — an off-plan median roughly 89% above ready units. Citywide the same comparison sits at +65%, so Al Warsan First runs 24 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 Warsan 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 (13% 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 (87%) 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.