Dubai market evidence
Off-Plan vs Ready Property in Um Suqaim Third
How off-plan and ready (existing) prices compare inside Um Suqaim Third in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Um Suqaim Third — the numbers
Off-plan median
21,155 AED/sqm
86% of sampled sales
Ready (existing) median
24,497 AED/sqm
14% of sampled sales
Off-plan vs ready
-14%
Dubai overall: +65%
Sampled transactions
1,793
What the Um Suqaim Third gap means
Across 1,793 sampled sales in Um Suqaim Third, off-plan carries a median of 21,155 AED/sqm against 24,497 AED/sqm for ready stock — an off-plan median roughly 14% below ready units. Citywide the same comparison sits at +65%, so Um Suqaim Third runs 79 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 Um Suqaim Third 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 (86% 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 (14%) 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.