Lagoon View Studio in Azizi Venice Building 03B, Dubai South

Property Overview

This is a studio apartment in Azizi Venice, Building 03B, Dubai South, offered at AED 750,000 for 357 sq ft, or approximately AED 2,101 per sq ft. The agent describes it as a below-market hot deal, referencing comparable studios at AED 800,000 and above, with a full lagoon view on the 8th or 9th floor and handover expected soon.

Property Highlights

• Project: Azizi Venice, Building 03B, by Azizi Developments
• Community: Azizi Venice, Dubai South
• Property type: Studio apartment
• Size: 357 sq ft
• Asking price: AED 750,000
• Calculated rate: approximately AED 2,101 per sq ft
• Agent's market reference: AED 800,000 and above for comparable studios
• View: full lagoon view (agent-stated)
• Floor: 8th–9th floor (agent-stated)
• Handover: described by the agent as soon; no date supplied

Why the Price Is Listed as Below Market

The agent states that comparable studios are trading at AED 800,000 or more. Against that reference, the AED 750,000 asking price is AED 50,000 lower, or about 6.3% below. This comparison is the agent's own market figure; it was not supplied with dated transactions, so DPF has not independently verified it.

Buyers should request recent registered transactions for studios in Azizi Venice and the seller's SPA, including the original purchase price, before relying on the below-market description.

About the Project, Developer and Community

Azizi Venice is a large waterfront masterplan by Azizi Developments in Dubai South, planned around an artificial lagoon and water channels, with residential buildings, retail, hotels and a cultural centre. Its buildings offer studios alongside one- and two-bedroom apartments.

Project materials for the masterplan describe swimming pools, gyms, landscaped gardens, children's play areas and dining. Buyers should confirm the amenities serving Building 03B with Azizi.

Floor and View

The agent describes a full lagoon view from the 8th or 9th floor. The exact floor, unit number and view orientation were not supplied and should be confirmed against the floor plan and SPA.

Payment Plan and Handover

The agent states handover is coming soon but did not give a date. The amount paid and outstanding balance were not supplied. Buyers should obtain Azizi's statement of account and current handover notice before making an offer.

Location and Connectivity

Dubai South lies near Al Maktoum International Airport and Expo City Dubai, with road links to Sheikh Mohammed Bin Zayed Road and Emirates Road. Specific travel times from Building 03B have not been verified for this listing.

Verification Notes

• Agent-supplied facts: project, building, community, studio type, size, asking price, AED 800,000+ market reference, full lagoon view, 8th–9th floor and near-term handover.
• DPF-calculated figures: approximately AED 2,101 per sq ft, and AED 50,000 (6.3%) below the agent's AED 800,000 reference.
• External research: developer and masterplan context checked against public project information.
• Not supplied: exact floor, unit number, parking, original purchase price, amount paid, outstanding balance and handover date.