To see a compass in your dream is a way of your subconscious to show you the way. The dream may be telling you to reconsider the direction in your life and to rethink the path you are taking.
To see or use a drafting compass in your dream represents your set path. You do not like to deviate from your plans, even if it becomes monotonous. Alternatively, a drafting compass symbolises your drive for perfection.