AZIZI Mirage 1 - TOWER 2
- Completed 2025
- Master developer Azizi Developments
A studio in AZIZI Mirage 1 - TOWER 2 costs a median AED 500,000, rents long-let for AED 46,000/yr (9.2% gross), and returns 21.9% short-term at the assumed 70% occupancy.
Studio · typical price
500,000AED
AED 1,408/sqft · +2.0% on a year
- Rent a year
- AED 46,000
- Yield after service charge
- 7.9%
- vs Dubai Studio City
- 11% 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 rent11 months
Is AZIZI Mirage 1 - TOWER 2 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
- Does it pay a good rent?9.2% gross, 7.9% after the service charge (Dubai median 6.8%)9.2%Strength
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- Are prices going up?Studio: AED 1,380/sqft a year ago, 1,407 now+2.0%Fair
- 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
- Can I sell easily?158 sales in 12 months (79 the year before)158
- 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
- Did earlier buyers gain?Up 1% for launch buyers, before fees+1.0%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
AZIZI Mirage 1 - TOWER 2 prices and rents by unit typeA studio costs about AED 500,000 and rents for about AED 46,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Dubai Studio City · area median AED 1,586/sqft
- 12-month change
- +2.0%
- 3 years
- +1.4% · +0.5%/yr
- vs area median
- -11.3%
- Rank by price per sqft
- 17th of 21
- Off-plan price gain, 2023–2025
- +1.9% · +0.9%/yr
Rental income
Studio · Dubai Studio City
- Gross yield
- 9.2%
- 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 536
- Net revenue
- AED 109,653/yr
- vs long-let rent
- 2.4×
- Listings seen
- 6+
Read with care
- Rental data covers the whole Azizi Mirage 1 project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, Studio: Nov 2023, AED 493,200; latest, Oct 2026, AED 527,703; peak, Aug 2026, AED 539,205.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,387 · before fees
- Launch, 2023–26
- 1,373
- +1%
- 162 sales
- 3 years ago
- 1,391
- 0%
- 9 sales
- Previous 12 months
- 1,365
- +2%
- 79 sales
- Last 12 months
- 1,387
- today
- 158 sales
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.
127 resales in the last 12 months, against 108 a year on average over 2023–2025.
Showing the 120 most recent of 127 resales in the last 12 months.
Short-term rates around AZIZI Mirage 1 - TOWER 2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly 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 - TOWER 2 places 16th of 25; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against AZIZI Mirage 1 - TOWER 2 (AED 1,387/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, AZIZI Mirage 1 - TOWER 2 has registered sale prices 11% below the Dubai Studio City median price per square foot of 1,586 AED, across 21 eligible buildings. It ranks 17th 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 activityPlanned 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 supplySupply 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 countedDirect 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.
Dubai Studio City: every development at this typeDubai Studio City: every development at this type
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 - TOWER 2
AZIZI Mirage 1 - TOWER 2 is an apartment building completed in 2025 by Azizi Developments in Dubai Studio City. 398 sales are registered with the Dubai Land Department.
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 - TOWER 2: AED 1,387 per sq ft, 8% 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
- AZIZI Mirage 1 - TOWER 2AED 1,387
- Dubai Studio City, readyAED 1,393
- Dubai Studio City, off-planAED 1,560
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
AZIZI Mirage 1 - TOWER 2Dubai Studio City median building
- Dubai Studio City9.4% vs 8.2%
More from Azizi Developments
Azizi Venice 15 - Building B
Dubai South · 677 sales, 12 months
703,000
AED, resale median · 1,718/sqft
Azizi Venice 11
Dubai South · 461 sales, 12 months
676,000
AED, resale median · 1,670/sqft
Azizi Venice 14-Building G
Dubai South · 442 sales, 12 months
655,000
AED, resale median · 1,725/sqft
Azizi Venice 13 - Building B
Dubai South · 435 sales, 12 months
655,000
AED, resale median · 1,676/sqft
Nearby in Dubai Studio City
Prices per sq ft around AZIZI Mirage 1 - TOWER 2, on the mapPrices per sq ft around AZIZI Mirage 1 - TOWER 2, on the map
Azizi Mirage 1
Dubai Studio City · 228 sales, 12 months
522,000
AED, resale median · 1,412/sqft
Azizi Vista
Dubai Studio City · 56 sales, 12 months
1.13M
AED, resale median · 1,345/sqft
Laya Heights
Dubai Studio City · 29 sales, 12 months
690,000
AED, resale median · 1,547/sqft
Samana Santorini
Dubai Studio City · 20 sales, 12 months
657,821
AED, resale median · 1,367/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioRead with care
- Service chargeAED 17.87/sqft a year, 2026 owners-association budget; 7.9% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
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 rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from AZIZI Mirage 1 - TOWER 2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer 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.
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Common questions
- What is the rental yield in AZIZI Mirage 1 - TOWER 2?
- AZIZI Mirage 1 - TOWER 2 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 100 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a studio in AZIZI Mirage 1 - TOWER 2 cost?
- The median registered sale price is AED 500,000 (1,407 AED/sqft), from 100 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 - TOWER 2 selling for right now?
- Registered sales of ready units in AZIZI Mirage 1 - TOWER 2 over the last 12 months have a median of 1,408 AED/sqft, across 85 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 - TOWER 2 risen or fallen?
- Median price per square foot moved +2.0% over the last 12 months against the 12 before it, on 100 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 - TOWER 2 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.
For agents
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AZIZI Mirage 1 - TOWER 2 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 100 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-tower-2
Cite as: Dubai Wealth Index. “AZIZI Mirage 1 - TOWER 2 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-tower-2
Stable dataJSON