Dubai market evidence
Off-Plan vs Ready Property in Wadi Al Safa 5
How off-plan and ready (existing) prices compare inside Wadi Al Safa 5 in the historical DLD transaction record — and how that gap differs from Dubai as a whole.
Wadi Al Safa 5 — the numbers
Off-plan median
9,468 AED/sqm
66% of sampled sales
Ready (existing) median
7,591 AED/sqm
34% of sampled sales
Off-plan vs ready
+25%
Dubai overall: +65%
Sampled transactions
8,254
What the Wadi Al Safa 5 gap means
Across 8,254 sampled sales in Wadi Al Safa 5, off-plan carries a median of 9,468 AED/sqm against 7,591 AED/sqm for ready stock — an off-plan median roughly 25% above ready units. Citywide the same comparison sits at +65%, so Wadi Al Safa 5 runs 40 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 Wadi Al Safa 5 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 (66% 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 (34%) 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.