Dubai market evidence
Off-Plan vs Ready Property in Madinat Dubai Almelaheyah
How off-plan and ready (existing) prices compare inside Madinat Dubai Almelaheyah in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Madinat Dubai Almelaheyah — the numbers
Off-plan median
18,790 AED/sqm
84% of sampled sales
Ready (existing) median
18,661 AED/sqm
16% of sampled sales
Off-plan vs ready
+1%
Dubai overall: +65%
Sampled transactions
658
What the Madinat Dubai Almelaheyah gap means
Across 658 sampled sales in Madinat Dubai Almelaheyah, off-plan carries a median of 18,790 AED/sqm against 18,661 AED/sqm for ready stock — an off-plan median roughly 1% above ready units. Citywide the same comparison sits at +65%, so Madinat Dubai Almelaheyah runs 64 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 Madinat Dubai Almelaheyah 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 (84% 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 (16%) 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.