Azizi Venice 2-Bedroom at Original Price with Lagoon View, Dubai South

Property Overview

This 1,089 sq ft two-bedroom apartment at Azizi Venice in Dubai South is offered as an off-plan resale at AED 1,650,000, which is the same as the agent-stated original purchase price. The agent describes the unit as having a lagoon view and the building as more than 80% constructed. The price is not below the original price.

Property Highlights

• Property type: 2-bedroom apartment (off-plan resale)
• Agent unit reference: 3B
• Size: 1,089 sq ft
• View: Lagoon view (agent-stated)
• Construction progress: 80%+ (agent-stated)
• Asking price: AED 1,650,000
• Original purchase price (agent-stated): AED 1,650,000
• Price per sq ft: approximately AED 1,515

Why This Listing Is Classified as Off-Plan Distress

The agent submitted this unit as a distress sale, but the stated selling price and original purchase price are both AED 1,650,000, so there is no discount against the original price. DPF lists it as an off-plan distress resale because the seller is exiting before completion, not because of a price reduction. Dividing the asking price by 1,089 sq ft gives approximately AED 1,515 per sq ft.

Buying at the original price on a resale can still matter to some buyers, for example entering a project late in construction without paying a resale premium. However, no market comparison, DLD transaction or seller incentive such as covered DLD fees was supplied, so DPF makes no claim that the unit is priced below market. Buyers should confirm the original price, amount paid and outstanding balance against the Sales and Purchase Agreement (SPA) and the developer's statement of account.

About the Project, Developer and Community

Azizi Venice is a master-planned waterfront community in Dubai South developed by Azizi Developments, which acts as master developer for the buildings, roads and infrastructure. The community is planned around a large, swimmable crystal lagoon with multiple beaches, surrounded by mid-rise apartment buildings, villas and mansions.

Announced plans for the community include a temperature-controlled pedestrian boulevard with retail and dining, an opera venue known as Azizi Opera, hotels, schools and a hospital. These are project-level plans published at launch; delivery timing for individual facilities should be checked with the developer.

Layout, Floor and View

The agent describes this unit as a 1,089 sq ft two-bedroom apartment with a lagoon view. Floor level, bathroom count, balcony and parking allocation were not supplied and should be confirmed from the SPA and the official floor plan.

Payment Plan and Handover

The agent states that construction is more than 80% complete. The payment plan, expected handover date, amount already paid and remaining balance were not supplied. Confirm construction progress with the developer or the DLD project status, and verify all payment terms and any developer transfer or NOC fees against the SPA.

Location and Connectivity

Azizi Venice sits within Dubai South, the district that surrounds Al Maktoum International Airport and lies along Dubai's southern growth corridor near Emirates Road (E611). Specific travel times to nearby destinations have not been verified for this listing.

Verification Notes

• Unit facts (type, unit reference, size, view, construction progress, original and asking price) come from the agent brief received on 13 October 2026.
• The price per sq ft is a DPF calculation based on those supplied figures.
• The asking price equals the stated original price; no discount, market benchmark or DLD-fee incentive was supplied.
• Project and community information reflects published launch announcements for Azizi Venice.
• No payment plan, handover date, photographs or documents were supplied with this brief.