1BR in Azizi Venice, Dubai South with Lagoon View – 9.4% Below OP

Property Overview

This one-bedroom apartment in Azizi Venice, Dubai South, is offered at AED 906,400 against an agent-stated original price of AED 1,000,000, about 9.4% below OP. The agent describes a lagoon view. Azizi Venice is a large waterfront community by Azizi Developments, built around lagoons and water features.

Property Highlights

• Property type: Apartment, 1 bedroom
• Asking price: AED 906,400 (agent-stated)
• Original price: AED 1,000,000 (agent-stated)
• Saving vs OP: AED 93,600, about 9.4% (calculated)
• View: Lagoon view (agent-stated)
• Developer: Azizi Developments
• Size: Not supplied

Why the Price Qualifies as Below OP

The agent states the original price was AED 1,000,000. The asking price of AED 906,400 is AED 93,600 lower, which DPF calculates as about 9.4% below OP. The original price comes from the agent's brief dated 5 October 2026, and buyers should confirm it against the seller's SPA before relying on the discount.

Because the size of the apartment was not supplied, DPF cannot calculate a price per square foot. Buyers should confirm the area from the SPA or floor plan to compare it with other one-bedroom units in the community.

About Azizi Venice and Azizi Developments

Azizi Venice is a master-planned waterfront community by Azizi Developments in Dubai South, which opened for sales in October 2023. Azizi announced a site of about 15 million sq ft and around 30,000 homes, making it the developer's largest project to date.

The Venice-inspired plan places water features throughout the community. Azizi's announced facilities include an opera house, an air-conditioned shopping boulevard, a water park, schools, a hospital and office space.

Unit Details and View

The agent lists the unit as a one-bedroom apartment with a lagoon view. The building, floor, size, bathroom count and parking were not supplied. These should be confirmed against the SPA and floor plan, and the view checked against the unit's position in the building.

Construction and Handover

The brief does not state whether this unit is still under construction or has been handed over. Azizi Venice is being delivered in stages across many buildings, so buyers should confirm the building, its current status, the handover date, the amount already paid and any balance still due with Azizi Developments.

Location: Dubai South

Dubai South is a master-planned district around Al Maktoum International Airport and Expo City Dubai. Travel times have not been independently verified for this unit and are not stated here.

Verification Notes

• Agent-stated facts: 1 bedroom, lagoon view, distress sale, original price AED 1,000,000, asking price AED 906,400.
• Calculated by DPF: saving of AED 93,600 (about 9.4%).
• External research: community facts from Gulf News reporting on Azizi Developments' Azizi Venice launch.
• Not supplied: size, building number, floor, construction or handover status, amount paid, payment plan, bathrooms and parking.