Azizi Venice Studio 14% Below OP on 15th Floor, Dubai South

Property Overview

This 379 sq ft studio apartment on the 15th floor at Azizi Venice in Dubai South is offered at AED 540,000, against an agent-stated original purchase price of AED 628,000. The asking price is AED 88,000 (14.0%) below the original price, and the agent describes the unit as having a partial lagoon view.

Property Highlights

• Property type: Studio apartment (resale)
• Agent unit reference: 12A
• Size: 379 sq ft
• Floor: 15th floor
• View: Partial lagoon view (agent-stated)
• Asking price: AED 540,000
• Original purchase price (agent-stated): AED 628,000
• Saving versus original price: AED 88,000 (14.0%)
• Price per sq ft: approximately AED 1,425

Why the Price Qualifies as Below OP

The agent brief states an original purchase price of AED 628,000 and a selling price of AED 540,000. The difference is AED 88,000, or 14.0% below the original price, which matches the agent's description of roughly 14% below OP. Dividing the asking price by the stated 379 sq ft gives approximately AED 1,425 per sq ft.

The benchmark is the seller's original purchase price as supplied in the agent brief received on 13 October 2026. It is not a DLD transaction record or an independent valuation, so it shows the discount against what the seller paid rather than a claim about current market value. Buyers should confirm the original price, the amount already paid and any 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 379 sq ft studio on the 15th floor with a partial lagoon view. Bathroom configuration, balcony and parking allocation were not supplied and should be confirmed from the SPA and the official floor plan. Because the view is described as partial, a site visit or view confirmation from the unit is advisable.

Payment Plan and Handover

The payment plan, handover date, amount already paid and construction status were not supplied with this brief. Buyers should confirm all of these, along with any developer transfer or NOC fees, directly against the SPA and with Azizi Developments before committing.

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, floor, view, original and asking price) come from the agent brief received on 13 October 2026.
• The saving, percentage and price per sq ft are DPF calculations based on those supplied figures.
• Project and community information reflects published launch announcements for Azizi Venice and may change as the master plan is delivered.
• No payment plan, handover date, photographs or documents were supplied with this brief.