Abstract We calculate analytically the quantum and thermal fluctuations corrections of a dilute quasi-two-dimensional Bose-condensed dipolar gas. We show that these fluctuations may change their character from repulsion to attraction in the density-temperature plane owing to the striking momentum dependence of the dipole–dipole interactions. The dipolar instability is halted by such unconventional beyond mean field corrections leading to the formation of a droplet phase. The equilibrium features and coherence properties exhibited by such droplets are deeply discussed. At finite temperature, we find that the equilibrium density crucially depends on the temperature and on the confinement strength and thus, a stable droplet can exist only at ultralow temperature due to the strong thermal fluctuations.