High-Floor 1 Bedroom Apartment in Azizi Venice, Dubai South at 19.7% Below OP, 50% Paid

Property Overview

This is a 1 bedroom apartment in Azizi Venice, Dubai South, offered at AED 1,100,000. The unit measures 725 sq ft and is priced AED 270,000 (19.7%) below the seller's stated original purchase price of AED 1,370,000. The agent describes it as a high-floor unit with 50% already paid and handover expected in Q4 2026.

Property Highlights

• Asking price: AED 1,100,000
• Original purchase price (agent-stated): AED 1,370,000
• Saving vs OP: AED 270,000 (19.7%)
• Size: 725 sq ft
• Rate: approx. AED 1,517 per sq ft
• Floor: high floor (agent-stated)
• Paid to date: 50% (agent-stated)
• Handover: Q4 2026 (agent-stated)

Why the Price Qualifies as Below OP

The agent brief states an original purchase price of AED 1,370,000 and an asking price of AED 1,100,000. The difference is AED 270,000, which is 19.7% of the original price and matches the agent's stated figure of about 19.7%. At the asking price the apartment works out at about AED 1,517 per sq ft, compared with about AED 1,890 per sq ft at the original price.

The agent states 50% of the original price has been paid, which would be about AED 685,000. The asking price is therefore well above the amount paid, and the buyer would also take on the remaining instalments. Buyers should confirm the exact split between payment to the seller and the balance due to the developer.

The comparison is against the seller's own purchase price only. It is not a claim that the apartment is below current market value, and buyers should confirm the original price against the SPA.

About the Project, Developer and Community

Azizi Venice is a large waterfront master development by Azizi Developments in Dubai South, set along Emirates Road. Market sources describe a plan of around 100 mid-rise apartment buildings and several hundred villas arranged around a crystal lagoon, with a climate-controlled boulevard, a planned opera house, a waterpark, sports and fitness facilities, schools, healthcare and retail.

These project details come from secondary market sources rather than an Azizi project page, and buyers should check specifications against Azizi's sales documents.

Building, Floor and Layout

The agent states the apartment is on a high floor. Azizi Venice contains many separate buildings, and the specific building, unit number, view, bathroom count and parking were not supplied. Request the building number, unit number and floor plan before committing.

Payment Plan and Handover

The agent states that 50% has been paid and handover is expected in Q4 2026, which matches the estimate reported by secondary sources for the community. Confirm the amount paid, outstanding balance, Azizi's resale transfer conditions and the handover date for this specific building against the SPA and a developer statement of account.

Location and Connectivity

Azizi Venice is in Dubai South beside Emirates Road, in the wider area around Al Maktoum International Airport. Specific travel times were not verified from an official source and are not quoted here.

Verification Notes

• Agent-supplied: bedrooms, size, original price, asking price, 19.7% claim, high floor, 50% paid and Q4 2026 handover.
• Calculated by DPF: AED 270,000 saving, 19.7% below OP, AED 1,517 per sq ft and an estimated AED 685,000 paid.
• External research: master plan, lagoon, amenities and handover estimate from secondary market sources.
• Not yet supplied: building number, unit number, exact floor, view, bathrooms, parking, service charge and photographs.