Azizi Milan 30 Studio in City of Arabia, 9.7% Below Original Price

Property Overview

This off-plan studio in Azizi Milan building 30, part of Azizi Developments' Azizi Milan community in City of Arabia, Dubai, is offered at AED 525,000 for 354 sq ft, about AED 1,483 per sq ft. The asking price is AED 56,130, or 9.7%, below the agent-stated original purchase price of AED 581,130.

Property Highlights

• Property type: studio apartment
• Size: 354 sq ft (agent-stated)
• Asking price: AED 525,000
• Original purchase price: AED 581,130 (agent-stated)
• Saving: AED 56,130 (9.7%)
• Price per sq ft: about AED 1,483
• Building: Azizi Milan 30
• Developer: Azizi Developments

Why the Price Qualifies as Below OP

The agent states an original purchase price of AED 581,130 and an asking price of AED 525,000. The difference is AED 56,130, which is 9.7% of the original price and matches the agent's stated discount of about 9.7%.

The comparison is against the seller's own purchase price, not a dated DLD transaction or independent valuation. Buyers should confirm the original price, amount already paid to Azizi and outstanding balance from the SPA and statement of account.

About the Project, Developer and Community

Azizi Milan is a multi-building residential community by Azizi Developments in City of Arabia, Dubai, made up of mid-rise towers of around 24 to 25 storeys with podium-level amenities. It offers studios to 3-bedroom apartments and is planned around a central lagoon.

Project references list amenities including adult and children's pools, gyms, a children's play area, covered parking and security, with lagoon and landmark views from some units. Expected completion is listed around mid-2028.

Layout and Size

The agent states a 354 sq ft studio. Floor, view, parking and whether the unit has a balcony were not supplied. Request the floor plan and SPA unit details before an offer.

Payment Plan and Handover

The brief does not state this unit's handover date, the amount paid or the remaining instalments. Project references describe a plan with a balance due on handover and list expected completion around mid-2028. Confirm these, and Azizi's resale conditions, in the SPA.

Location and Connectivity

City of Arabia is in the Dubailand area off Sheikh Mohammed Bin Zayed Road, near Global Village and IMG Worlds of Adventure. DPF has not verified specific travel times for this building.

Verification Notes

• Agent-supplied: project and building number, unit type, size, original price and asking price.
• Calculated by DPF: AED 56,130 saving (9.7%) and about AED 1,483 per sq ft.
• Researched: developer, City of Arabia location, building heights, unit mix, amenities and expected completion from project references.
• Not supplied: floor, view, parking, amount paid, payment schedule and unit handover date.