5 Off-Plan 1-Bedroom Apartments in Azizi Venice, Dubai South, 12.4% Below Original Price

Property Overview

Five off-plan 1-bedroom apartments in Azizi Venice, Dubai South, are offered at AED 920,000 each for approximately 700 sq ft of built-up area per unit, or about AED 1,314 per sq ft. Each asking price is AED 130,000 below the agent-stated original purchase price of AED 1,050,000 per apartment, an 12.4% reduction. Handover is expected in Q1 2027. Apartments can be bought individually or together.

Property Highlights

• Property type: Apartment (1 bedroom)
• Units available: 5 (agent-stated)
• Built-up area: approximately 700 sq ft each
• Asking price: AED 920,000 per apartment
• Original price (agent-stated): AED 1,050,000 per apartment
• Saving versus original price: AED 130,000 (12.4%) per apartment
• Asking rate: approximately AED 1,314 per sq ft
• Status: off-plan, expected handover Q1 2027
• Developer: Azizi Developments

Why the Price Qualifies as Below OP

Each apartment is classified as Below OP because the asking price of AED 920,000 is lower than the original purchase price of AED 1,050,000 stated in the agent's brief. The difference is AED 130,000 per unit, or 12.4% of the original price. Across all five apartments, the combined asking price would be AED 4,600,000 against a combined original price of AED 5,250,000.

The original prices come from the agent's brief received on 26 October 2026 and have not yet been checked against the SPAs, Oqood or DLD records. The comparison reflects what the seller originally paid; it is not a claim that the units are below current market value.

About the Project, Developer and Community

Azizi Venice is a residential project by Azizi Developments in Dubai South, planned around a large swimmable lagoon. Dubai South is a master-planned district next to Al Maktoum International Airport and the Expo City Dubai site.

Layout, Floor and View

The agent confirms five 1-bedroom apartments of approximately 700 sq ft each. Floors, views, unit numbers, furnishing and parking were not supplied, and these may differ between units. Ask the DPF team for the floor plan, exact sizes and unit list.

Payment Plan and Handover

Handover is expected in Q1 2027, according to the agent. No payment plan, amount paid or outstanding balance was supplied. Confirm these for each unit, along with transfer and NOC fees, against the SPAs and Azizi's statements of account before making an offer.

Location and Connectivity

Dubai South has road access to Sheikh Mohammed Bin Zayed Road, Emirates Road and the Expo Road, close to Al Maktoum International Airport. Travel times vary with traffic and are not quoted here.

Verification Notes

• Agent-supplied facts: Azizi Venice, Dubai South, five 1-bedroom apartments of approximately 700 sq ft each, Q1 2027 handover, original price AED 1,050,000 and asking price AED 920,000 per apartment.
• DPF-calculated figures: AED 130,000 (12.4%) below the original price per apartment, approximately AED 1,314 per sq ft and combined totals for five units.
• Not yet verified: SPAs or DLD records, unit numbers, floors, views, payment status and service charges.