Studio in Azizi Grand, Dubai Sports City, 2.6% Below Original Price, 40% Paid

Property Overview

This studio apartment in Azizi Grand, Dubai Sports City, is offered at AED 560,000 for 384 sq ft of built-up area. The asking price is AED 15,000 below the agent-stated original purchase price of AED 575,000 (excluding DLD), a discount of 2.6%, or about AED 1,458 per square foot. The agent states 40% has been paid, with handover expected within about two months.

Property Highlights

• Property type: studio apartment
• Building: Azizi Grand, Dubai Sports City
• Developer: Azizi Developments
• Built-up area: 384 sq ft
• Asking price: AED 560,000
• Original purchase price (agent-stated, excluding DLD): AED 575,000
• Discount to OP: AED 15,000 (2.6%)
• Price per sq ft: approx. AED 1,458
• Amount paid (agent-stated): 40% of original price
• Handover (agent-stated): within about two months of 7 October 2026

Why This Studio Qualifies as Below OP

DPF classifies this listing as Below OP because the asking price is lower than the original purchase price supplied in the agent brief. The agent confirms the AED 575,000 figure excludes the DLD fee. AED 575,000 minus AED 560,000 equals AED 15,000. Divided by the original price, that is a 2.6% reduction.

The discount is small. Because the seller also paid the DLD fee at purchase, their total loss is larger than the AED 15,000 shown here. The benchmark is the seller's original purchase price as stated by the agent on 7 October 2026. It is not a comparison with current market value or recent DLD transactions, so this page does not claim the studio is priced below market.

About Azizi Grand and Dubai Sports City

Azizi Grand is a residential project by Azizi Developments in Dubai Sports City. Dubai Sports City is a mixed-use community built around sporting venues, including a cricket stadium, academies and a golf course, with residential towers, schools, shops and everyday services.

Layout

The agent describes the unit as a 384 sq ft studio. The floor, view, balcony and parking allocation were not supplied and should be confirmed from the SPA and floor plan.

Payment Plan and Handover

The agent states that 40% of the original price has been paid. On the AED 575,000 original price, that is about AED 230,000 paid to the developer and about AED 345,000 outstanding. With handover expected within about two months, much of the remaining balance is likely to fall due at or around handover. The buyer typically reimburses the seller's paid portion, adjusted for the discount, and takes over the remaining balance. That split was not supplied, so buyers should confirm the exact amounts and due dates on Azizi's statement of account.

Location and Connectivity

Dubai Sports City sits off Sheikh Mohammed Bin Zayed Road and Umm Suqeim Street, near Motor City, Jumeirah Golf Estates and Al Barsha South. Travel times depend on route and traffic, so buyers should check commutes to their own key destinations.

Verification Notes

• Agent-supplied facts: property type, size, original purchase price excluding DLD, asking price, 40% paid, handover within two months and genuine distress description.
• DPF-calculated figures: discount amount, discount percentage, price per sq ft, and the paid and outstanding amounts.
• External research: general facts about Dubai Sports City. Building-level details were not confirmed from an official Azizi source.
• Not supplied: floor, view, parking, exact handover date, and who pays the penalty and NOC. These must be verified before purchase.