diff --git a/source/dub/dependency.d b/source/dub/dependency.d
index 2c3a3d9..315ff52 100644
--- a/source/dub/dependency.d
+++ b/source/dub/dependency.d
@@ -259,8 +259,11 @@
 			json = Json(this.versionSpec);
 		} else {
 			json = Json.emptyObject;
-			json["version"] = this.versionSpec;
-			if (!path.empty) json["path"] = path.toString();
+			if (!path.empty) {
+				json["path"] = path.toString();
+			} else {
+				json["version"] = this.versionSpec;
+			}
 			if (!repository.empty) json["repository"] = repository.toString;
 			if (!selections && optional) json["optional"] = true;
 			if (!selections && default_) json["default"] = true;
@@ -285,6 +288,12 @@
 		assert(dependency.toJson() == expected, "Failed: " ~ dependency.toJson().toPrettyString());
 	}
 
+	@trusted unittest {
+		Dependency d = Dependency(NativePath("dir"));
+		Json expected = Json([ "path": Json("dir") ]);
+		assert(d.toJson() == expected, "Failed: " ~ d.toJson().toPrettyString());
+	}
+
 	/** Constructs a new `Dependency` from its JSON representation.
 
 		See `toJson` for a description of the JSON format.