Dubai market evidence
Off-Plan vs Ready Property in Al Yelayiss 1
How off-plan and ready (existing) prices compare inside Al Yelayiss 1 in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Al Yelayiss 1 — the numbers
Off-plan median
9,028 AED/sqm
18% of sampled sales
Ready (existing) median
7,022 AED/sqm
82% of sampled sales
Off-plan vs ready
+29%
Dubai overall: +65%
Sampled transactions
843
What the Al Yelayiss 1 gap means
Across 843 sampled sales in Al Yelayiss 1, off-plan carries a median of 9,028 AED/sqm against 7,022 AED/sqm for ready stock — an off-plan median roughly 29% above ready units. Citywide the same comparison sits at +65%, so Al Yelayiss 1 runs 36 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 Yelayiss 1 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 (18% 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 (82%) 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.