Dubai market evidence
Off-Plan vs Ready Property in Hadaeq Sheikh Mohammed Bin Rashid
How off-plan and ready (existing) prices compare inside Hadaeq Sheikh Mohammed Bin Rashid in the historical DLD transaction record, and how that gap differs from Dubai as a whole.
The numbers for Hadaeq Sheikh Mohammed Bin Rashid
Off-plan median
25,286 AED/sqm
67% of sampled sales
Ready (existing) median
22,936 AED/sqm
33% of sampled sales
Off-plan vs ready
+10%
Dubai overall: +31%
Sampled transactions
5,563
What the Hadaeq Sheikh Mohammed Bin Rashid gap means
Across 5,563 sampled sales in Hadaeq Sheikh Mohammed Bin Rashid, off-plan carries a median of 25,286 AED/sqm against 22,936 AED/sqm for ready stock. That puts the off-plan median roughly 10% above ready units. Citywide the same comparison sits at +31%, so Hadaeq Sheikh Mohammed Bin Rashid runs 21 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 Hadaeq Sheikh Mohammed Bin Rashid 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 (67% 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 (33%) is an existing unit that can be inspected and let immediately.
This is sales transaction evidence only and ends 2026-10-06. It is market reference, not valuation or investment advice.