Azizi Venice Studio Below OP with Lagoon View in Dubai South

Property Overview

This off-plan studio apartment at Azizi Venice in Dubai South is offered at AED 580,000 for 381 sq ft, against an agent-stated original purchase price of AED 630,000. That places the asking price AED 50,000 (7.9%) below the original price, with a lagoon view, a 40/60 payment plan and handover stated as Q2 2027.

Property Highlights

• Property type: Studio apartment (off-plan resale)
• Agent unit reference: 13A
• Size: 381 sq ft
• Asking price: AED 580,000
• Original purchase price (agent-stated): AED 630,000
• Saving versus original price: AED 50,000 (7.9%)
• Price per sq ft: approximately AED 1,522
• View: Lagoon view (agent-stated)
• Payment plan: 40/60
• Handover: Q2 2027 (agent-stated)

Why the Price Qualifies as Below OP

The agent brief states an original purchase price of AED 630,000 and a selling price of AED 580,000. The difference is AED 50,000, which works out to 7.9% below the original price. Dividing the asking price by the stated 381 sq ft gives roughly AED 1,522 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 market 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 to the developer and the 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 381 sq ft studio with a lagoon view. Floor level, bathroom configuration, balcony and parking allocation were not supplied and should be confirmed from the SPA and the official floor plan before purchase.

Payment Plan and Handover

The agent states a 40/60 payment plan and a Q2 2027 handover. In a resale of this kind, the buyer typically reimburses the seller for amounts already paid and takes over the remaining instalments, but the exact paid amount, remaining balance and schedule were not supplied. Confirm all payment terms, the handover date and any developer transfer or NOC fees directly against the SPA and with Azizi Developments.

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, payment plan, handover, 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 photographs or documents were supplied with this brief.