Property Overview
A studio apartment in Azizi Grand, Dubai Sports City by Azizi Developments at AED 535,000 for 373 sqft, equalling AED 1,434 per sqft. Essentially at the original price of AED 536,000, saving AED 1,000 (0.2%). 1 covered parking. 50/50 payment plan. Off-plan with agent-stated handover Q4 2026.
Property Highlights
- Type: Studio apartment
- Size: 373 sqft
- Asking price: AED 535,000
- Original price: AED 536,000
- Saving: AED 1,000 (0.2%)
- Rate: AED 1,434 per sqft
- Parking: 1 covered
- Payment: 50/50 (50% construction, 50% handover)
- Handover: Q4 2026 (agent stated; see delays below)
Not a Distress Price
The AED 1,000 saving (0.2%) from the OP is effectively zero. This is a break-even resale, not a distress deal. The agent labels this as distress, but the pricing does not support the classification.
Cheaper Studios in the Same Building
Active listings for studios in Azizi Grand are available at significantly lower prices:
- AED 489,000 for 376 sqft (AED 1,301 per sqft) on Property Finder
- AED 518,000 for 403 sqft (AED 1,285 per sqft) on Bayut
- AED 520,000 for 388 sqft (AED 1,340 per sqft) on Bayut (motivated seller)
- AED 550,000 for 388 sqft (AED 1,418 per sqft) on Bayut
At AED 535,000, this listing is AED 15,000 to AED 46,000 more expensive than cheaper alternatives in the same building. Buyers should review all available units in Azizi Grand before committing.
DLD Transaction Data (Studios, Azizi Grand)
206 total sales recorded. Recent studio transactions:
- AED 587,100 for 351 sqft (6 Oct 2026, AED 1,671 per sqft)
- AED 570,400 for 402 sqft (5 Oct 2026, AED 1,420 per sqft)
- AED 521,600 for 393 sqft (1 Oct 2026, AED 1,328 per sqft)
- AED 516,000 for 385 sqft (1 Oct 2026, AED 1,341 per sqft)
- AED 628,800 for 424 sqft (30 Sep 2026, AED 1,485 per sqft)
- AED 556,800 for 374 sqft (30 Sep 2026, AED 1,490 per sqft)
Note: these DLD transactions are primarily developer-to-buyer registrations, not resales. The range is AED 1,328 to AED 1,671 per sqft. The asking price of AED 1,434 per sqft is within this range but not at the low end. The two cheapest recent transactions (AED 1,328 and AED 1,341 per sqft) are below this listing's price.
OP Assessment
The OP of AED 536,000 for 373 sqft (AED 1,437 per sqft) is credible. DLD primary sales for similar-sized studios show AED 556,800 for 374 sqft (AED 1,490 per sqft) and AED 568,460 for 381 sqft (AED 1,492 per sqft). An early-phase purchase at AED 1,437 per sqft is within the developer's pricing band.
Handover Delays
Azizi Grand has experienced significant construction delays:
- DLD registered completion: 2 February 2025 (missed)
- Developer Q1 2026 target (stated at 57% completion milestone): likely missed
- Last reported construction: 67% complete (developer press release)
- Some agents claim 80% complete (unverified)
- Current estimate: Q4 2026 to Q1 2027
The project is approximately 20+ months behind the original DLD completion date. While Azizi's overall portfolio shows 89% on-time delivery, Azizi Grand falls into the significantly delayed category. Buyers should factor in potential further delays of 3 to 6 months beyond the Q4 2026 agent estimate.
Payment Plan
The agent states 50/50 (50% construction, 50% on handover). The developer's original payment plan was 10/30/60. Other listings show 40/60. The 50/50 split may be a resale-specific arrangement. The buyer needs to confirm what the seller has paid and what obligation transfers. With handover potentially within 3 to 6 months, the 50% handover payment (approximately AED 268,000) would become due soon after purchase.
About Azizi Grand
A residential tower by Azizi Developments in Dubai Sports City. 1 basement, ground floor, 3 podium levels and 14 residential floors with 431 apartments (approximately 230 studios, 120 one-bedroom and 61 two-bedroom). Amenities include swimming pools, gymnasium, sauna, jacuzzi, steam room, BBQ deck, children play area, covered parking, high-speed elevators and 24-hour security. Freehold ownership.
About Dubai Sports City
A master-planned community off Sheikh Mohammed bin Zayed Road (E311). Features Dubai International Cricket Stadium, the Els Club golf course, a canal promenade, sports parks and a football centre. A sports-themed mall with 1.2 million sqft of leasable space is planned. Access via E311 and Al Khail Road. No metro within walking distance. The area offers affordable entry points relative to core Dubai locations. Drive times: Mall of the Emirates 15 to 20 minutes, Downtown Dubai 20 to 25 minutes, Dubai Marina 15 to 20 minutes.
Verification Notes
The asking price, OP, size, parking, 50/50 plan and Q4 2026 handover are from the agent brief. The OP of AED 536,000 at AED 1,437 per sqft is consistent with DLD primary transactions. The 0.2% saving is verified (1,000 divided by 536,000). DLD data shows the building has 206 recorded transactions, confirming active primary sales. The project is delayed from its original February 2025 DLD completion date. Competing studios in the same building are listed from AED 489,000. The distress classification is not supported by the pricing.
