Azizi Venice 5

1. Is it on schedule?45% built in July 2026, 9 months past its registered October 2025 handover · DLD project register, Jul 202645%Context
2. Is my money protected?Payments go to an escrow account at بنك الشارقة, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,661/sqft, 0.2% above the Dubai South off-plan median across 79 projects+0.2%Context
4. Is it selling?192 off-plan sales registered in the last 12 months, of 468 units; the latest on 9 Oct 2026192Context
5. Who is building it?Azizi Developments, licence no. 1002; 10 of its 42 dated live projects are past their registered dates24%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك الشارقة

Developer, as licensed

AZIZI DEVELOPMENTS L.L.C (no. 1002)

Master developer

Dubai Aviation City Corporation

Registered start

October 2023

Configuration

3B+G+16 Residential.The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Azizi Venice 5 be completed?

The developer registered handover for October 2025; that date has passed with no completion recorded, 9 months on, and the project was 45% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Azizi Venice 5 cost per square foot?

AED 1,661 per sqft, the median of 192 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 640,000. That is 0.2% above the Dubai South off-plan median across 79 projects.

Is Azizi Venice 5 in escrow?

Yes: the Land Department register names بنك الشارقة as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Azizi Venice 5?

AZIZI DEVELOPMENTS L.L.C, licence no. 1002, by the register’s own licence number; the master developer that owns the land is Dubai Aviation City Corporation. Dubai Land Department project register as of July 2026.

How many units does Azizi Venice 5 have?

468 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.