Dubai market evidence
Off-Plan vs Ready Property in Nad Al Shiba First
How off-plan and ready (existing) prices compare inside Nad Al Shiba First in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Nad Al Shiba First — the numbers
Off-plan median
14,759 AED/sqm
11% of sampled sales
Ready (existing) median
10,805 AED/sqm
89% of sampled sales
Off-plan vs ready
+37%
Dubai overall: +65%
Sampled transactions
1,737
What the Nad Al Shiba First gap means
Across 1,737 sampled sales in Nad Al Shiba First, off-plan carries a median of 14,759 AED/sqm against 10,805 AED/sqm for ready stock — an off-plan median roughly 37% above ready units. Citywide the same comparison sits at +65%, so Nad Al Shiba First runs 28 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 Nad Al Shiba 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 (11% 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 (89%) 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.