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AZIZI Mirage 1 - TOWER 2

A studio in AZIZI Mirage 1 - TOWER 2 costs a median AED 497,070, rents long-let for AED 46,000/yr (9.05% gross), and returns 25.38% short-let at the assumed 80% occupancy — +0.6 pts vs Dubai Studio City's 8.47% and +2.1 pts vs Dubai's 6.98% — from 150 sales and 345 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
99 in 12 months
Rental contracts · Studio
345 in 12 months
Buy
497,070AED
AED 1,431/sqft
Long-let
46,000AED
AED 133/sqft · 9.05%
Short-let
25.38%
AED 536/night · 1.50/sqft

Price per sqft: Median of 12 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 12 sales in the last 3 months.

Yield spread
+0.6 pts
vs the Dubai Studio City median for this unit type
AED/yr/sqft
AED 133
Sales
150
Rental contracts
345
Short-let listings seen
6+

Based on 150 sales and 345 rental contracts in the last 24 months. Rental data covers the whole Azizi Mirage 1 project, not this tower alone.

AZIZI Mirage 1 - TOWER 2 is an apartment building in Dubai Studio City, Dubai, one of the towers in the Azizi Mirage 1 development. The closest metro station is Dubai Internet City and the nearest landmark Motor City. Land Department records for it run from 2023 to 2026, 776 registered sales in all — the 150 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 46,0001339.05%
+0.6 pts
345
1 bedAED 65,0001058.00%
-0.1 pts
149
2 bedAED 87,5001028.46%
+0.9 pts
20

Deltas compare each yield with the Dubai Studio City median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around AZIZI Mirage 1 - TOWER 2

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio5361.50AED 126,149AED 46,0002.7×25.38%6+
1 bed500m5900.92AED 134,876AED 65,0002.1×16.89%7+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because AZIZI Mirage 1 - TOWER 2 itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

119 resales in the last 12 months, against 108 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
17 Aug 2026Studio352AED 619,2001,761
17 Aug 20261 bed594AED 800,0001,348
27 Jul 20261 bed133AED 180,0001,357
24 Jul 20261 bed668AED 900,0001,348
23 Jul 2026Studio360AED 541,8001,503
21 Jul 20261 bed594AED 700,0001,179
17 Jul 20261 bed663AED 825,0001,244
6 Jul 2026Studio354AED 492,8001,390
2 Jul 2026Studio355AED 508,4001,431
1 Jul 20261 bed668AED 1,017,0001,523
30 Jun 2026Studio356AED 540,0001,519
23 Jun 2026Studio356AED 498,4001,402
22 Jun 20261 bed595AED 735,2001,235
17 Jun 2026Studio356AED 495,2001,393
15 Jun 20261 bed609AED 868,3201,427
8 Jun 2026Studio355AED 510,8601,438
8 Jun 2026Studio355AED 510,8601,441
3 Jun 2026Studio356AED 495,2001,393
3 Jun 2026Studio356AED 495,2001,393
2 Jun 2026Studio355AED 508,4001,432

20 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
Dubai Internet City
Landmark
Motor City

Compare with nearby buildings

The most-traded buildings in Azizi Mirage 1, on the same figures over the same window.

Common questions

What is the rental yield in AZIZI Mirage 1 - TOWER 2?
AZIZI Mirage 1 - TOWER 2 returns 9.05% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 345 rental contracts registered in the last 24 months.
How much does a studio in AZIZI Mirage 1 - TOWER 2 cost?
The median registered sale price is AED 497,070 (1,394 AED/sqft), from 150 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in AZIZI Mirage 1 - TOWER 2 selling for right now?
Registered sales of ready units in AZIZI Mirage 1 - TOWER 2 over the last 3 months have a median of 1,431 AED/sqft, across 12 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in AZIZI Mirage 1 - TOWER 2 risen or fallen?
Median price per square foot moved +1.6% over the last 12 months against the 12 before it, on 150 registered sales. On a sample this size, read the direction rather than the exact figure.
How does AZIZI Mirage 1 - TOWER 2 compare with Dubai Studio City?
Its 9.05% gross yield sits +0.6 pts against the Dubai Studio City median of 8.47%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

AZIZI Mirage 1 - TOWER 2 rental record

Record type
Building-level property market record
Data date
Evidence base
345 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/dubai-studio-city/azizi-mirage-1-tower-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “AZIZI Mirage 1 - TOWER 2 rents and yield.” Dubai Studio City, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-studio-city/azizi-mirage-1-tower-2.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.