OffplanIndex
Developer benchmark · July 2026

Mirfa IBC off-plan projects: AED 1,799/sqft

Mirfa IBC has 3 off-plan projects in our July 2026 dataset across 4 communities (most in Jumeirah Village Circle, Mohammed Bin Rashid City, Meydan).

Across 31 priced unit records the median asking price is AED 1,799 per sqft (11% below the Dubai-wide off-plan median), with the middle half between AED 1,640 and AED 1,993.

The median unit is AED 12.0M for 6,670 sqft.

Mirfa IBC payment plans typically ask 11% on booking and 96% before handover.

#192 of 391 developers by projects#101 of 208 by AED/sqft3 projects31 priced unitsDubai 5

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Developer portal
Median AED/sqft
1,799
p25 1,640 to p75 1,993
Median asking price
AED 12.0M
for a median 6,670 sqft unit, in the Above AED 10M band
Paid before handover
96%
median of 5 payment plans
Communities
4
Jumeirah Village Circle, Mohammed Bin Rashid City
0 of 6 measures have the evidence to publish

Scorecard

Completions on record
2
2025 to 2025, 1 handover year
Live off-plan
3
3 communities, 31 priced units
Price against neighbours
not measured
needs 5 comparable projects
Payment plan discount
not measured
needs 5 priced schedules
MeasureThis developerBaseWhat it says, and does not
Completions on record23 off-plan2 on record, below the 3 needed to describe a span or a cadence.

Not measured here: delivery span and cadence; share past stated handover; price against neighbours; payment plan discount; community footprint; listing completeness. Each of those needs a base this developer does not reach in the corpus, and a thin number is worse than none.

The scorecard does not measure whether Mirfa IBC hands over on time. Every project in this corpus carries one handover date, the date its listing stated when we read it. There is no separately recorded original announced date and no earlier reading of the same project to compare against, so no on-time rate can be computed, and we publish none rather than a proxy. The completions column is also bounded by what the corpus can see: 1,034 of the 1,087 delivered buildings on record handed over in 2020 or later (96%), and the corpus only sees projects that were listed on the portals we read, so an absent completion is an absence of evidence rather than evidence of absence. Full definitions, queries and limitations: methodology.

Distribution of asking price per sqft

Where the prices sit

p25median 1,799p751,4041,5221,6401,7571,8751,993
Min
1,300
p25
1,640
Median
1,799
Mean
1,795
p75
1,993
Max
1,993

0 of the 31 records are individual units with a listed price and size; the rest are unit-type starting prices. See methodology.

Price, size and AED/sqft

By bedroom count

TypeUnitsMedian AED/sqftp25 to p75Median priceMedian sizeEntry (p25 price)
5 BR281,7991,799 to 1,993AED 12,000,0006,670 sqftAED 12,000,000

By property type (median AED/sqft): Villa 1,799 (28), Apartment 1,474 (3).

From 5 published plans

Payment plan norms

Median Mirfa IBC structure
85%
Dubai-wide median structure
20%
40%
30%
On bookingDuring constructionOn handoverPost-handover

Medians are computed stage by stage, so bars may not sum to exactly 100. Plans with a stated total outside 90 to 110% are excluded.

On booking
11%
range 10% to 11%
Before handover
96%
range 35% to 97%
Post-handover plans
0%
share of plans
50% or less pre-handover
40%
share of plans
Scheduled handovers by quarter

Delivery pipeline

1
Q1 '25
1
Q4 '25
2
Q4 '26
1
Q1 '28

By year: 2025 (2), 2026 (2), 2028 (1). Construction status: under construction 3, completed 2.

4 communities

Where Mirfa IBC builds

3 tracked

Every Mirfa IBC off-plan project

Open in the index
ProjectCommunityTypeFromMedian AED/sqftPre-handoverHandoverStatus
Numa ReserveMohammed Bin Rashid CityVillaAED 12.0M1,79935%Q4 2026Booking Started
StoriesDubai SouthApartmentAED 580K1,474n/aQ1 2028Sold out
Ashton ParkJumeirah Village CircleApartmentAED 649Kn/a96%Q1 2025Sold out
Ashton Park Residences The SecondJumeirah Village CircleApartmentAED 689Kn/an/aQ4 2025Booking Started
Numa VillasMeydanVillaAED 12.0Mn/a35%Q4 2026Might Be Sold Out

Project facts (name, community, starting price, handover, payment plan) are as published by the developer. Median AED/sqft is our computation over that project's priced units.

Compare on AED/sqft

Developers at a similar price point

DeveloperProjectsPriced unitsMedian AED/sqftvs Mirfa IBCPre-handover
Kingdom1331,787-1%60%
ICT5681,812+1%45%
Yas1301,814+1%40%
Urban Venture1441,820+1%30%
Object 1581,1221,772-2%60%
Avelon1341,772-2%55%
FAQ

Questions this data answers

What is Mirfa IBC's average off-plan price per sqft?+

Across 31 priced units in 5 Mirfa IBC projects (July 2026), the median asking price is AED 1,799 per sqft, with the middle half between AED 1,640 and AED 1,993.

Where is Mirfa IBC building off-plan?+

Mirfa IBC has projects in 4 communities. The largest concentrations are Jumeirah Village Circle (2), Mohammed Bin Rashid City (1), Meydan (1), Dubai South (1).

What payment plan does Mirfa IBC usually offer?+

Across 5 published Mirfa IBC payment plans the median structure is 11% on booking, 85% during construction and 4% on handover, so 96% before keys. 0% of plans include post-handover instalments.

When are Mirfa IBC's off-plan projects handing over?+

Scheduled handovers by year: 2025: 2, 2026: 2, 2028: 1. Dates are as published by the developer and can move.

How much does a Mirfa IBC off-plan unit cost?+

5 BR: median AED 12,000,000 for 6,670 sqft.

The notes behind the numbers on this page

Read next

Dubai Off-Plan Q3 2026

The full report: every community, every developer, ranked.

Mirfa IBC in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.

Source: OffplanIndex derived analytics, built 2026-09-02 from developer-published project facts and unit inventories aggregated from public portals (latest observation 2026-07-30). All statistics are computed by OffplanIndex; no third-party database is reproduced. See the methodology and data policy. Not investment advice.