Azizi Mirage 1 in Dubai Studio City - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Azizi Mirage 1

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	33	15,570	507,208
1	58	14,255	831,772
2	79	15,063	1,183,363

Rents in Azizi Mirage 1

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	33	1,465	48,333

The cap rate (rental yield) of investments into Azizi Mirage 1 project is 9.8% on average.

The price of an apartment in Azizi Mirage 1 is 15,027 AED/sqm on average.

The long term rent of an apartment in Azizi Mirage 1 is 1,465 AED/sqm/year on average.

Price for off-plan Studio apartment in Azizi Mirage 1 is 507,208 AED or 15,570 AED/sqm.
Price for off-plan 1 bedroom apartment in Azizi Mirage 1 is 831,772 AED or 14,255 AED/sqm.
Price for off-plan 2 bedroom apartment in Azizi Mirage 1 is 1,183,363 AED or 15,063 AED/sqm.

Rent for Studio apartment in Azizi Mirage 1 is 48,333 AED or 1,465 AED/sqm.

About Azizi Mirage 1

'Azizi Mirage 1' in 'Dubai Studio City' area project description

Azizi Mirage 1 is an eye-catching residential development situated in the vibrant Dubai Studio City area. Known for its avant-garde architectural design, the development encapsulates modern living within one of Dubai's most creative hubs. Comprising of a combination of glass, metal, and concrete, the building presents a sleek, futuristic facade that stands out impressively in the Dubai skyline.

Spread over eight floors, Azizi Mirage 1 boasts a carefully curated selection of 186 units, which includes one, two, and three-bedroom apartments. The apartments are thoughtfully designed to offer optimal space utilization, allowing residents to enjoy spacious and comfortable living. These living spaces exude contemporary sophistication with high-quality finishes, large windows for ample natural light, and stylish, functional kitchens fully equipped with modern fittings.

One of the standout features of Azizi Mirage 1 is its commitment to delivering a range of top-tier amenities catering to a cosmopolitan lifestyle. The development is equipped with a state-of-the-art fitness center, offering residents access to the latest workout equipment. An expansive swimming pool, complete with a serene sun deck, allows for leisurely dips, while the lush landscaped gardens provide a tranquil retreat from the bustling city life.

Residents also benefit from dedicated parking spaces, 24/7 security, and concierge services, ensuring a seamless and secure living experience. Strategically located in Dubai Studio City, Azizi Mirage 1 enjoys close proximity to some of the city's major attractions and business hubs. This includes the renowned Dubai Autodrome, Dubai Sports City, and Motor City. Additionally, it offers easy access to major roads like Sheikh Mohammed Bin Zayed Road and Hessa Street, making commuting to other parts of Dubai extremely convenient.

The surrounding Dubai Studio City area itself is a dynamic and rapidly growing locality focused on the film and entertainment industry. This provides a unique neighborhood environment filled with creative energy, cultural events, and an array of dining, shopping, and recreational options. With international schools, supermarkets, and healthcare facilities just a short drive away, it effortlessly combines the advantages of urban living with the conveniences of suburban life.

Azizi Mirage 1, with its innovative design, high-end amenities, and prime location, offers a modern and luxurious living experience tailored for those seeking both comfort and convenience in one of Dubai's most promising areas. This project is a testament to Azizi Developments’ commitment to enhancing the city's real estate landscape by creating homes that stand out for their uniqueness and quality.

Q&A on Azizi Mirage 1

What are the advantages of 'Azizi Mirage 1' project in Dubai for property buyers? What are the disadvantages?

Advantages:

1. Prime Location: Azizi Mirage 1 is situated in Dubai Studio City, an area known for its vibrant media and entertainment industry. It provides easy access to key locations such as Dubai Marina, Al Sufouh, and Motor City.

2. Modern Architecture: The project boasts contemporary architectural design with aesthetically pleasing facades and a focus on high-quality finishes. This is attractive to both investors and end-users looking for a modern living environment.

3. Amenities: Azizi Mirage 1 offers a variety of amenities including swimming pools, fitness centers, landscaped gardens, and children's play areas, catering to the lifestyle needs of families and individuals alike.

4. Investment Potential: Given its prime location and the ongoing development in Dubai Studio City, properties in Azizi Mirage 1 have the potential for capital appreciation. Additionally, the area’s focus on the media industry gives it a unique appeal.

5. Developer Reputation: Azizi Developments has a strong reputation for delivering quality projects on time, which adds a layer of security for property buyers.

6. Connectivity: The project offers excellent connectivity with major highways such as Sheikh Mohammed bin Zayed Road (E311) and Al Khail Road (E44), facilitating easy commutes to other parts of Dubai.

Disadvantages:

1. Traffic Congestion: Being in a bustling area like Studio City, residents might face traffic congestion, especially during peak hours.

2. High Demand: The popularity of Dubai Studio City means there could be high demand, which might lead to higher property prices compared to other areas.

3. Construction Activity: The ongoing development in and around Studio City could mean prolonged construction activity, which might cause noise and inconvenience.

4. Limited Public Transport: While the area is well-connected by road, public transport options such as the Dubai Metro are not immediately accessible, necessitating the use of private vehicles for most commutes.

5. Competitive Market: The presence of multiple high-end projects in the area can lead to fierce competition, which might affect rental yields and resale value in the short term.

6. Urbanization: The rapid urbanization of Dubai Studio City might result in fewer open spaces and a more crowded living environment over time.

What projects are better than 'Azizi Mirage 1' project in Dubai which are located close by, and why?

1. Glitz Residences by Danube:
- Amenities: Offers state-of-the-art amenities such as a rooftop mini golf course, landscaped gardens, swimming pools, health clubs, and BBQ areas.
- Design: Known for its chic contemporary design and high-quality finishes.
- Community Feel: Focuses on creating a vibrant community with various social and recreational facilities.

2. Dubai Studio City Residential Complex:
- Proximity: Located right in the heart of Dubai Studio City, providing easy access to work locations for media and entertainment professionals.
- Lifestyle: Tailored specifically for a media-focused lifestyle with amenities supporting work-life balance, like fully-equipped gyms and communal spaces.

3. LIV Residence Dubai Studio City:
- Luxurious Features: Offers luxurious living spaces with meticulously designed interiors and premium fixtures.
- Smart Technology: Equipped with smart home technology for modern living convenience.
- Facilities: Includes infinity pools, sundecks, and dedicated children’s play areas.

4. Samana Golf Avenue:
- Unique Attributes: Built around a golf-centric lifestyle with a par-3 golf course on the rooftop.
- Leisure Facilities: High-end leisure facilities including a state-of-the-art gym, sauna, and infinity pool.
- Investment Opportunity: Known for its high rental yields due to unique features.

5. The Hive by AHS Properties:
- Affordability: Offers more affordable living without compromising on quality and amenities.
- Community Infrastructure: Features a well-planned infrastructure with retail spaces, green parks, and common areas for community interaction.
- Sustainability: Focused on sustainable living with eco-friendly construction methods and energy-efficient systems.

Each of these projects offers unique benefits such as advanced amenities, smarter living technologies, strategic locations, or affordability, making them strong contenders in comparison to the Azizi Mirage 1 project.

What are the closest schools to 'Azizi Mirage 1' project in Dubai?

Jebel Ali School is located in Damac Hills, approximately a 10-15 minute drive from 'Azizi Mirage 1'.

GEMS Metropole School is located in Motor City, around a 10-minute drive from 'Azizi Mirage 1'.

Victory Heights Primary School, located in Dubai Sports City, is about a 10-minute drive from 'Azizi Mirage 1'.

Nord Anglia International School Dubai is located in Al Barsha South, approximately a 15-20 minute drive from 'Azizi Mirage 1'.

What are the closest medical clinics to 'Azizi Mirage 1' project in Dubai?

1. Mediclinic Parkview Hospital
- Al Barsha South, Dubai, United Arab Emirates
2. Aster Clinic, Motor City
- Detroit House, Motor City, Dubai, United Arab Emirates
3. Emirates Hospital Day Surgery & Medical Center, Motor City
- Detroit Road, Motor City, Dubai, United Arab Emirates
4. Your Health Clinic (YHC)
- Apex Atrium Building, Motor City, Dubai, United Arab Emirates