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Azizi Park Avenue

A 1 bed in Azizi Park Avenue costs a median AED 1.04M, rents long-let for AED 74,000/yr (7.25% gross), and returns 16.40% short-let at the assumed 80% occupancy — +0.7 pts vs Meydan's 6.54% and +0.3 pts vs Dubai's 6.97% — from 20 sales and 64 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
4 in 12 months
Rental contracts · 1 bed
22 in 12 months
Buy
1.04MAED
AED 1,430/sqft
Long-let
7.25%
AED 74,000/yr
Short-let
16.40%
AED 740/night · 1.02/sqft

Priced off the last 5 sales — most recent March 2026.

Yield spread
+0.7 pts
vs the Meydan median for this unit type
AED/yr/sqft
AED 104
Sales
20
Rental contracts
64
Renewal rent
AED 73,000/yr
12 months
-7.5%
3 years
-3.4%-1.1%/yr

Based on 20 sales and 64 rental contracts in the last 24 months.

Azizi Park Avenue is an apartment building in Meydan, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2023 to 2026, 272 registered sales in all — the 20 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
1 bedAED 1.04M14307.25%
+0.7 pts
-7.5%20
2 bedAED 1.20M13377.50%
+1.5 pts
3

Deltas compare each yield with the Meydan 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.
  • 2 bed: Priced off the last 5 sales — most recent March 2025.

Short-let rates around Azizi Park Avenue

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
1 bed500m7401.02AED 170,405AED 74,0002.3×16.40%3+

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 Park Avenue itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Azizi Park Avenue between 2023 and 2024 went for a median of AED 1,382/sqft (AED 1.02M). The same building resells today at AED 1,398/sqft (AED 1.04M) — an uplift of +2.3%.

Based on 112 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.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20261 bed725AED 63,00087New
30 Aug 20261 bed756AED 70,00093Renewal
25 Aug 20262 bed896AED 90,000100New
1 Aug 20261 bed698AED 84,000120New
29 Jul 20262 bed920AED 83,00090New
22 Jul 20261 bed713AED 67,63695Renewal
21 Jul 20262 bed906AED 95,000105Renewal
20 Jul 20261 bed715AED 72,000101New
18 Jul 20261 bed698AED 73,000105Renewal
15 Jul 20261 bed756AED 64,82686Renewal
15 Jul 20261 bed715AED 75,000105New
7 Jul 20261 bed695AED 65,00094New
26 Jun 20261 bed696AED 73,000105Renewal
15 Jun 20261 bed696AED 69,490100Renewal
10 Jun 20262 bed896AED 100,000112New
9 Jun 20261 bed711AED 100,000141Renewal
3 Jun 20262 bed914AED 82,00090Renewal
3 Jun 20262 bed907AED 95,000105Renewal

18 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.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
6
Lifts
4
Parking bays
130
Swimming pools
1

Nearby

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Meydan, on the same figures over the same window.

Common questions

What is the rental yield in Azizi Park Avenue?
Azizi Park Avenue returns 7.25% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 64 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Azizi Park Avenue cost?
The median registered sale price is AED 1.04M (1,430 AED/sqft), from 20 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Azizi Park Avenue risen or fallen?
Median price per square foot moved -7.5% over the last 12 months against the 12 before it, on 20 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Azizi Park Avenue compare with Meydan?
Its 7.25% gross yield sits +0.7 pts against the Meydan median of 6.54%, computed at the same bedroom grain over the same 24-month window.
Does Azizi Park Avenue earn more short-let than long-let?
A night asks a median of AED 740, which models to 16.40% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.25% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

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 Park Avenue sale record

Record type
Building-level property market record
Data date
Evidence base
20 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/meydan/azizi-park-avenue
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Azizi Park Avenue sale prices and yield.” Meydan, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/meydan/azizi-park-avenue.

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.