Dubai market evidence
Off-Plan vs Ready Property in Al Yelayiss 2
How off-plan and ready (existing) prices compare inside Al Yelayiss 2 in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Al Yelayiss 2 — the numbers
Off-plan median
10,124 AED/sqm
41% of sampled sales
Ready (existing) median
8,647 AED/sqm
59% of sampled sales
Off-plan vs ready
+17%
Dubai overall: +65%
Sampled transactions
4,021
What the Al Yelayiss 2 gap means
Across 4,021 sampled sales in Al Yelayiss 2, off-plan carries a median of 10,124 AED/sqm against 8,647 AED/sqm for ready stock — an off-plan median roughly 17% above ready units. Citywide the same comparison sits at +65%, so Al Yelayiss 2 runs 48 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 2 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 (41% 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 (59%) 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.