Dubai market evidence
Off-Plan vs Ready Property in Jumeirah First
How off-plan and ready (existing) prices compare inside Jumeirah First in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Jumeirah First — the numbers
Off-plan median
22,513 AED/sqm
64% of sampled sales
Ready (existing) median
17,223 AED/sqm
36% of sampled sales
Off-plan vs ready
+31%
Dubai overall: +65%
Sampled transactions
1,710
What the Jumeirah First gap means
Across 1,710 sampled sales in Jumeirah First, off-plan carries a median of 22,513 AED/sqm against 17,223 AED/sqm for ready stock — an off-plan median roughly 31% above ready units. Citywide the same comparison sits at +65%, so Jumeirah First runs 34 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 Jumeirah 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 (64% 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 (36%) 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.