Azizi Azure
✓ Resale Available

Azizi Azure

From AED 2.10M·Completed Handed Over· Payment
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AED 2.10M
Starting Price
Handed Over
Handover
Payment Plan
1 Bedroom · 2 Bedroom
Type

Project Overview

Azizi Azure is a fully completed luxury residential development in Meydan — one of Dubai's most central and fast-appreciating districts, home to the iconic Meydan Racecourse and the Mohammed Bin Rashid City masterplan. Offering spacious 1 to 4-bedroom apartments with contemporary interiors and a full lifestyle amenity offering, Azure is positioned just 10 minutes from Downtown Dubai, DIFC, and Business Bay — delivering strong rental yields and high occupancy rates driven by demand from professionals and families seeking quality living close to the city's core. Meydan is surrounded by premium residential communities, a growing retail and dining scene, and excellent connectivity across Dubai. Available now for immediate resale or rental, Azizi Azure is a compelling trophy asset in one of Dubai's highest-growth residential corridors.

Meydan is a prestigious mixed-use district in Dubai anchored by the iconic Meydan Racecourse — venue of the Dubai World Cup, the world's richest horse race. Forming part of the Mohammed Bin Rashid City (MBR City) masterplan, Meydan is surrounded by premium gated communities, a crystal lagoon, cycling and running tracks, and is undergoing rapid infrastructure development that continues to drive capital appreciation.

Project Specifications
DeveloperAzizi Developments
LocationMeydan, Dubai
Unit Types1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom
AreaMeydan
Buildings1
OwnershipFreehold
Est. ROI7-9%

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
5.7%
NOI AED 119,280 / year
Cash-on-Cash
5.1%
Levered cashflow AED 49,980
Base-Case IRR
11.6%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 168,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Azizi Azure launch basis2,000AED 2.10MCurrent launch / asking basis
Meydan ready-stock comps1,700AED 1.78MIndicative resale benchmark
Meydan premium peer launches2,100AED 2.21MNew-launch peer set
Trophy alternative proxy2,600AED 2.73MHigher-end anchor for negotiation context

Gallery

Azizi Azure — View 2
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Payment Structure

Flexible Payment

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Amenities & Lifestyle

Community Swimming Pool
Fully Equipped Gymnasium
Smart Home Technology
24/7 Security & Concierge
Covered Parking
Children's Play Area
Landscaped Gardens
Retail Podium
Racecourse Views
Co-working Space

Location

Nearby Destinations

Meydan Racecourse — 2 min
Downtown Dubai & Burj Khalifa — 10 min
DIFC — 10 min
Business Bay — 8 min
Dubai Mall — 10 min
Dubai International Airport DXB — 15 min
Sheikh Zayed Road — 12 min
Dubai Frame — 12 min
Meydan, DubaiMeydanDubai, UAE

Developer Track Record

01

1 to 4-bedroom luxury apartments fully completed and available now

02

Prime Meydan location — 10 minutes from Downtown Dubai and DIFC

03

Strong rental yields of 7–9% from high professional demand

04

Community pool, gym, co-working space, and landscaped gardens

05

Meydan Racecourse — 2 minutes

06

Mohammed Bin Rashid City masterplan — high capital appreciation zone

07

Freehold — 100% foreign ownership

08

Dubai Mall — 10 minutes

09

Business Bay — 8 minutes

10

Dubai International Airport — 15 minutes

11

Azizi Developments — 10,000+ units delivered across Dubai

12

Fully completed — available for immediate move-in or rental

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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