Dubai market evidence

Off-Plan vs Ready Property in Mirdif

How off-plan and ready (existing) prices compare inside Mirdif in the historical DLD transaction record — and how that gap differs from Dubai as a whole.

Mirdif — the numbers

Off-plan median

13,402 AED/sqm

6% of sampled sales

Ready (existing) median

9,640 AED/sqm

94% of sampled sales

Off-plan vs ready

+39%

Dubai overall: +65%

Sampled transactions

893

What the Mirdif gap means

Across 893 sampled sales in Mirdif, off-plan carries a median of 13,402 AED/sqm against 9,640 AED/sqm for ready stock — an off-plan median roughly 39% above ready units. Citywide the same comparison sits at +65%, so Mirdif runs 26 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 Mirdif 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 (6% 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 (94%) 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.

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