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Azizi Mirage 1

A studio in Azizi Mirage 1 costs a median AED 495,000, rents long-let for AED 46,000/yr (9.20% gross), and returns 23.29% short-let at the assumed 80% occupancy — +0.7 pts vs Dubai Studio City's 8.47% and +2.2 pts vs Dubai's 6.97% — from 310 sales and 345 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
205 in 12 months
Rental contracts · Studio
345 in 12 months
Buy
495,000AED
AED 1,420/sqft
Long-let
9.20%
AED 46,000/yr
Short-let
23.29%
AED 491/night · 1.41/sqft

Price per sqft: Median of 14 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 14 sales in the last 3 months.

Yield spread
+0.7 pts
vs the Dubai Studio City median for this unit type
AED/yr/sqft
AED 133
Sales
310
Rental contracts
345
Short-let listings seen
7+
12 months
+1.4%
3 years
-2.1%-0.7%/yr

Based on 310 sales and 345 rental contracts in the last 24 months.

Azizi Mirage 1 is an apartment building in Dubai Studio City, Dubai. The closest metro station is Dubai Internet City and the nearest landmark Motor City. Land Department records for it run from 2023 to 2026, 1,084 registered sales in all — the 310 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 495,00014179.20%
+0.7 pts
+1.4%310
1 bedAED 801,57012688.07%
+0.0 pts
+1.0%121
2 bedAED 1.20M13017.22%
-0.3 pts
+8.2%19

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

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
Studio4911.41AED 115,290AED 46,0002.5×23.29%7+
1 bed500m5700.90AED 130,040AED 65,0002.0×16.22%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 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Azizi Mirage 1 between 2023 and 2026 went for a median of AED 1,395/sqft (AED 510,245). The same building resells today at AED 1,398/sqft (AED 512,110) — an uplift of +1.9%.

Based on 338 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

204 resales in the last 12 months, against 152 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
25 Aug 2026Studio362AED 500,0001,380
25 Aug 20261 bed614AED 750,0001,222
18 Aug 2026Studio321AED 451,2001,407
18 Aug 20261 bed592AED 791,7001,338
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
17 Jul 2026Studio357AED 500,0001,399
17 Jul 2026Studio321AED 459,8201,434
15 Jul 2026Studio356AED 495,2001,393
13 Jul 2026Studio321AED 470,0001,464
9 Jul 2026Studio356AED 495,0001,392
7 Jul 20261 bed669AED 827,1301,236
6 Jul 2026Studio321AED 540,0001,683
2 Jul 2026Studio321AED 520,0001,621
24 Jun 20262 bed1,199AED 1,560,0001,301
17 Jun 2026Studio355AED 650,0001,829
12 Jun 20261 bed595AED 820,0001,377
10 Jun 2026Studio355AED 510,0001,435
3 Jun 2026Studio356AED 500,0001,406

21 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 2026Studio322AED 39,500123New
1 Sept 20262 bed846AED 80,00095New
1 Sept 2026Studio356AED 40,000113New
1 Sept 2026Studio356AED 38,000107New
1 Sept 20261 bed663AED 55,00083New
1 Sept 20261 bed616AED 80,000130New
1 Sept 2026Studio321AED 39,000122New
1 Sept 2026Studio357AED 42,000117New
1 Sept 20261 bed668AED 59,00088New
25 Aug 2026Studio355AED 37,000104New
24 Aug 20261 bed607AED 59,83999New
24 Aug 20261 bed594AED 60,000101New
24 Aug 2026Studio355AED 36,000101New
21 Aug 2026Studio357AED 38,000106New
20 Aug 20261 bed591AED 59,839101New
18 Aug 20261 bed608AED 68,000112New
15 Aug 20261 bed615AED 55,00090New
15 Aug 20261 bed668AED 60,00090New
15 Aug 2026Studio355AED 38,000107New
12 Aug 20261 bed664AED 58,00087New
10 Aug 2026Studio321AED 35,000109New
10 Aug 20261 bed595AED 62,500105New
10 Aug 2026Studio356AED 36,000101New
9 Aug 2026Studio321AED 35,000109New
8 Aug 2026Studio352AED 37,797107New
4 Aug 20261 bed613AED 59,83998New
4 Aug 20261 bed613AED 59,83998New
1 Aug 20261 bed614AED 55,00090New
1 Aug 2026Studio354AED 40,000113New
1 Aug 20261 bed616AED 58,00094New
1 Aug 2026Studio356AED 48,000135New
1 Aug 20262 bed846AED 84,00099New
1 Aug 2026Studio356AED 42,000118New
30 Jul 20261 bed591AED 60,000101New
29 Jul 20261 bed610AED 60,00098New
29 Jul 2026Studio356AED 60,000169New
28 Jul 20261 bed665AED 60,00090New
26 Jul 20261 bed595AED 60,000101New
21 Jul 2026Studio355AED 45,000127New
20 Jul 20261 bed595AED 55,00092New
20 Jul 20261 bed602AED 55,00091New
17 Jul 20261 bed668AED 63,00094New
15 Jul 20261 bed566AED 55,00097New
15 Jul 20262 bed846AED 75,00089New
12 Jul 2026Studio355AED 39,000110New
10 Jul 2026Studio355AED 40,000113New
10 Jul 20261 bed592AED 55,00093New
9 Jul 2026Studio357AED 40,000112New
6 Jul 20261 bed621AED 53,00085New
4 Jul 20261 bed619AED 57,00092New
1 Jul 2026Studio355AED 40,000113New
1 Jul 20261 bed595AED 58,00098New
1 Jul 2026Studio322AED 38,000118New
1 Jul 20261 bed595AED 59,00099New
1 Jul 2026Studio356AED 46,000129New
1 Jul 20261 bed592AED 55,00093New
30 Jun 20261 bed663AED 54,00081New
30 Jun 20261 bed595AED 58,00097New
29 Jun 20261 bed572AED 60,000105New
29 Jun 20261 bed663AED 68,000103New

Showing the 60 most recent of 93 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

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?
Azizi Mirage 1 returns 9.20% 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 cost?
The median registered sale price is AED 495,000 (1,417 AED/sqft), from 310 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 selling for right now?
Registered sales of ready units in Azizi Mirage 1 over the last 3 months have a median of 1,420 AED/sqft, across 14 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 risen or fallen?
Median price per square foot moved +1.4% over the last 12 months against the 12 before it, on 310 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Azizi Mirage 1 compare with Dubai Studio City?
Its 9.20% gross yield sits +0.7 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 sale record

Record type
Building-level property market record
Data date
Evidence base
310 registered sales 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
/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 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-studio-city/azizi-mirage-1.

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.