Studio in Azizi Arian Near the Metro, 5.9% Below OP

Property Overview

This studio apartment in Azizi Arian is offered as a distress resale at AED 535,000 against an agent-stated original purchase price of AED 568,420, which is AED 33,420 or 5.9% below OP. The studio measures 339 sq ft, approximately AED 1,578 per sq ft. The agent describes it as near the metro, with a 50/50 payment plan and handover in Q4 2026.

Property Highlights

• Property type: Apartment (studio)
• Built-up area: 339 sq ft
• Asking price: AED 535,000
• Original purchase price: AED 568,420 (agent-stated)
• Saving vs OP: AED 33,420 (5.9%)
• Price per sq ft: approx. AED 1,578 (calculated)
• Payment plan: 50/50 (agent-stated)
• Handover: Q4 2026 (agent-stated)
• Location note: Near the metro (agent-stated)
• Developer: Azizi Developments

Why the Price Qualifies as Below OP

The agent states an original purchase price of AED 568,420 and an asking price of AED 535,000. The difference is AED 33,420, which is 5.9% of the original price.

Calculation

• AED 568,420 minus AED 535,000 = AED 33,420
• AED 33,420 / AED 568,420 = 5.9% below OP
• AED 535,000 / 339 sq ft = approx. AED 1,578 per sq ft

The original price comes from the agent's resale brief. DPF has not reviewed the seller's SPA.

About the Project, Developer and Community

Azizi Arian is a residential project by Azizi Developments in the Downtown Jebel Ali area, next to Al Furjan. The agent's brief places it in Al Furjan; buyers should confirm the registered location in the SPA. The area offers access to the Dubai Metro Red Line and is close to Expo City Dubai, Discovery Gardens and Ibn Battuta Mall.

Layout

The agent confirms a 339 sq ft studio. The floor, view, bathroom, parking and furnishing details were not supplied and should be confirmed from the SPA and floor plan.

Payment Plan and Handover

The agent lists a 50/50 payment plan and Q4 2026 handover, which is close. The amount paid to date was not supplied. Buyers should confirm the remaining balance due on handover, the handover date and Azizi's resale NOC requirements against the seller's SPA.

Location and Connectivity

The project is close to Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road, with Dubai Metro Red Line access nearby. Exact walking distances to the metro were not supplied.

Verification Notes

• Agent-supplied facts: project, studio, 339 sq ft BUA, OP AED 568,420, asking price AED 535,000, near metro, 50/50 payment plan, Q4 2026 handover and Al Furjan as the stated location.
• Calculated by DPF: savings amount, savings percentage and price per sq ft.
• External context: developer and area overview; location aligned with DPF's existing Azizi Arian taxonomy.
• Not supplied: floor, view, parking, furnishing, amount paid and service charge.