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Azizi Mirage 1

A studio in Azizi Mirage 1 costs a median AED 500,000, rents long-let for AED 46,000/yr (9.2% gross), and returns 20.0% short-term at the assumed 70% occupancy.

Satellite view of Azizi Mirage 1, Dubai Studio City, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

Studio · typical price

500,000AED

AED 1,426/sqft · +1.6% on a year

Rent a year
AED 46,000
Yield after service charge
8.0%
vs Dubai Studio City
10% below the median
Cost to buy, all inAED 534,700
Price
AED 500,000
DLD fee 4%
AED 20,000
Agent 2% + VAT
AED 10,500
Trustee
AED 4,200

Fees repaid by net rent10 months

Against this building’s registered sales of the same type.

Ask about Azizi Mirage 1 →

Is Azizi Mirage 1 a good investment?Pays above the Dubai median and fees repaid within a year; lots of new supply is coming; no record of the rent trend

  1. Does it pay a good rent?9.2% gross, 8.0% after the service charge (Dubai median 6.8%)9.2%Strength
  2. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
  3. Are prices going up?Studio: AED 1,405/sqft a year ago, 1,427 now+1.6%Fair
  4. How fast do fees pay back?AED 34,700 in fees to buy a studio; net rent covers it in 0.9 years0.9 yrsStrength
  5. Can I sell easily?228 sales in 12 months (175 the year before)228
  6. Is a lot being built nearby?1,080 apartments are planned in Dubai Studio City from 2026 to 2028, equal to 53% of the 2,040 homes let there today. A further 1,060 are past their planned date. Dubai Studio City supply by year →53%Watch
  7. Did earlier buyers gain?Launch buyers still 3% down, before fees-2.6%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Azizi Mirage 1 prices and rents by unit typeA studio costs about AED 500,000 and rents for about AED 46,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 500,0001,427/sqftlaunch 1,449 -1.6%9.2%+1.0 ptsAED 46,000387 contracts+1.6%154
1 bedAED 801,5701,286/sqftlaunch 1,471 -12.5%8.1%+0.2 ptsAED 65,000168 contracts+1.8%63
2 bedAED 1.21M1,350/sqft7.3%-0.5 ptsAED 87,50022 contracts+8.0%11
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Dubai Studio City · area median AED 1,586/sqft

3 years
-1.9% · -0.6%/yr
vs area median
-10.0%
Rank by price per sqft
16th of 21

Rental income

Studio · Dubai Studio City

Median new rent
AED 46,000/yr
Yield vs area median
+1.0 pts
Yield vs Dubai (6.8%)
+2.4 pts

Short-term income

Studio · 70% occupancy · 7-night stays

Median nightly rate
AED 491
Net revenue
AED 100,130/yr
vs long-let rent
2.2×
Listings seen
7+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, Studio, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, Studio: May 2023, AED 473,680; latest, Sep 2026, AED 525,000; peak, Apr 2026, AED 547,825. Rent on new leases: Dec 2025, AED 48,000 a year; latest, Oct 2026, AED 39,750.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,412 · before fees

Launch, 2023–26
1,449
−3%
3 years ago
1,448
−3%
Previous 12 months
1,382
+2%
Last 12 months
1,412
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

206 resales in the last 12 months, against 153 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
30 Sept 2026Studio356AED 550,0001,547
31 Aug 2026Studio356AED 500,0001,406
25 Aug 20261 bed614AED 750,0001,222
25 Aug 2026Studio362AED 500,0001,380
18 Aug 20261 bed592AED 791,7001,338
18 Aug 2026Studio321AED 451,2001,407
3 Aug 2026Studio321AED 583,1101,818
27 Jul 2026Studio355AED 498,1501,402
22 Jul 20261 bed595AED 915,0001,537
20 Jul 20261 bed592AED 790,0001,335

Showing the 120 most recent of 206 resales in the last 12 months.

Short-term rates around Azizi Mirage 1

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
Studio7+ listings seen4911.40/sqftAED 100,130AED 46,0002.2×20.0%
1 bed500 m cluster · 7+ listings seen5700.91/sqftAED 112,604AED 65,0001.7×14.0%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Dubai Studio City

Every Dubai Studio City building with a page, ranked by price per sqft over the same 12 months, all unit types. Azizi Mirage 1 places 15th of 25; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
11Beach Oasis 2 - Tower B6% · Q2 2026 · off-plan 1,509/sqftAED 563,0001,523+7.9%—+1.8%163
12Arisha Terraces - 18% · Q4 2027 · off-plan 1,552/sqftAED 1.30M1,515+7.3%—-2.7%18
13Arisha Terraces - 28% · Q4 2027 · off-plan 1,537/sqftAED 1.10M1,510+6.9%—-5.1%24
14Laya Courtyard-B51% · Q4 2026 · off-plan 1,477/sqftAED 1.03M1,468+4.0%—-3.4%58
15Azizi Mirage 1 · this buildingCompleted 2025 · off-plan 1,394/sqftAED 522,0001,4129.4%+2.2%228
16AZIZI Mirage 1 - TOWER 2Completed 2025 · off-plan 1,368/sqftAED 519,5801,387-1.7%9.4%+1.7%158
17Samana SantoriniCompleted 2026 · off-plan 1,259/sqftAED 657,8211,367-3.1%7.2%+10.1%20
18Azizi VistaCompleted 2025 · off-plan 1,394/sqftAED 1.13M1,345-4.8%4.6%-2.9%56
19Ghaff Land Residence64% · Q2 2026 · off-plan 1,200/sqftAED 829,7781,245-11.8%—+4.6%63

Rank 1 is the dearest per square foot. Differences are against Azizi Mirage 1 (AED 1,412/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, Azizi Mirage 1 has registered sale prices 10% below the Dubai Studio City median price per square foot of 1,586 AED, across 21 eligible buildings. It ranks 16th of 21 by price per square foot in Dubai Studio City.

Market context in Dubai Studio City

Registered sales activity

499 ready apartment sales in the 12 months to 2026-10-12.

+17.4% in median AED/sqft versus the preceding year, supported by 499 current and 177 prior price observations.

Explore sales activity

Planned apartment projects

666 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.

3 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

1,080 apartments are planned in Dubai Studio City from 2026 to 2028, equal to 53% of the 2,040 homes let there today.

New-lease rents fell in 77% of 13 buildings (counted once per bedroom type) with leases in both years; the typical one moved −4.5%.

How these are counted
Find service-charge budget evidence for Azizi Mirage 1

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The Azizi Mirage 1 towers

2 towers in Azizi Mirage 1, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
Azizi Mirage 1 · this buildingAED 500,000154 sales1,427AED 46,000387 contracts9.2%
AZIZI Mirage 1 - TOWER 2AED 500,000100 sales1,407AED 46,000project pool9.2%
Dubai Studio City: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
Arisha Terraces4 towers—noneAED 767,00043 sales1,784—
Azizi Mirage 1 · this development2 towersAED 46,000387 contractsAED 500,000254 sales1,4239.2%
Beach Oasis 22 towers—noneAED 554,265266 sales1,580—
Glitz Residence 32 towers · rent filed for the projectAED 45,00013 contractsAED 560,0003 sales1,2888.0%
Laya Courtyard2 towers—noneAED 710,62814 sales1,598—
All of Dubai Studio Cityevery building, in a project or notAED 46,000711 contractsAED 560,000841 sales1,5598.2%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at studio. A median needs 3 rows; a dash with a count means fewer.

About Azizi Mirage 1

Azizi Mirage 1 is an apartment building completed in 2025 by Azizi Developments in Dubai Studio City. 545 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
AED 17.87/sqft a year · 2026 budget
Master developer
Azizi Developments

Drive times · typical

Downtown
25 min · 24 km
DXB Airport
26 min · 32 km
DIFC
22 min · 27 km
Dubai Marina
19 min · 17 km
Palm Jumeirah
25 min · 21 km

Nearest, as registered

Metro
Dubai Internet City
Landmark
Motor City

Azizi Mirage 1: AED 1,412 per sq ft, 6% below the median Dubai Studio City building, and a 9.4% gross yield, above the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Azizi Mirage 1AED 1,412
  2. Dubai Studio City, readyAED 1,393
  3. Dubai Studio City, off-planAED 1,560
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Azizi Mirage 1Dubai Studio City median building

  1. Dubai Studio City9.4% vs 8.2%
Line: the 10th to 90th percentile of 12 buildings in Dubai Studio City. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Dubai Studio City, by handover quarter

More from Azizi Developments

Nearby in Dubai Studio City

Prices per sq ft around Azizi Mirage 1, on the map
Pills show median sale price, AED. 17 buildings pinned from Google place records and Apple geocoding · Azizi Mirage 1 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Azizi Mirage 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
2,223AED
4.5% over 25 years
Monthly rent
3,833AED
AED 46,000 a year
Cash needed at purchase
142,700AED
20% down plus AED 42,700 in fees

Owning costs AED 184,730 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Azizi Mirage 1

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Common questions

What is the rental yield in Azizi Mirage 1?
Azizi Mirage 1 returns 9.2% gross: a median new-contract rent of AED 46,000 a year (387 Ejari contracts in 12 months) over a price benchmark of AED 500,000 (median of 154 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
How much does a studio in Azizi Mirage 1 cost?
The median registered sale price is AED 500,000 (1,427 AED/sqft), from 154 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Azizi Mirage 1 selling for right now?
Registered sales of ready units in Azizi Mirage 1 over the last 12 months have a median of 1,426 AED/sqft, across 139 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Azizi Mirage 1 risen or fallen?
Median price per square foot moved +1.6% over the last 12 months against the 12 before it, on 154 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Azizi Mirage 1 compare with Dubai Studio City?
Its 9.2% gross yield sits +1.0 pts against the Dubai Studio City median of 8.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Azizi Mirage 1 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
154 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/dubai-studio-city/azizi-mirage-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Azizi Mirage 1 sale prices and yield.” Dubai Studio City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-studio-city/azizi-mirage-1

Stable dataJSON