Dubai market evidence
Off-Plan vs Ready Property in Palm Jumeirah
How off-plan and ready (existing) prices compare inside Palm Jumeirah in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Palm Jumeirah — the numbers
Off-plan median
32,479 AED/sqm
41% of sampled sales
Ready (existing) median
17,773 AED/sqm
59% of sampled sales
Off-plan vs ready
+83%
Dubai overall: +65%
Sampled transactions
6,861
What the Palm Jumeirah gap means
Across 6,861 sampled sales in Palm Jumeirah, off-plan carries a median of 32,479 AED/sqm against 17,773 AED/sqm for ready stock — an off-plan median roughly 83% above ready units. Citywide the same comparison sits at +65%, so Palm Jumeirah runs 18 percentage points wider 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 Palm Jumeirah 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 (41% 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 (59%) 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.