Ready property
Also called: secondary market, completed property
Ready property is a completed home that exists and can be occupied immediately, bought from its current owner rather than from a developer.
It is often called the secondary market. The buyer sees the actual unit, the actual view and the actual building condition, and can begin letting it at once.
Against off-plan, ready property usually trades at a different price per square foot in the same community, and the gap is effectively the price of a handover date.
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Dubai Diligence is an independent property-data service built on official Dubai Land Department records. We are not a brokerage and no developer pays us. This is general information, not legal, financial or tax advice.
