Azizi Mirage 1
HandoverDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityDubai Studio City
AreaAl Hebiah Second
Started
7 years 11 months ago01-02-2018
Handover
8 months ago30-04-2025
Status
88% BuiltIn Progress
Project Description
Tower 1: G + 9F + R ? Residential Building Tower 2: G + 8F + R ? Residential Building Shared (Ground & 2 Basement): 2B+G+R
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 1,393/sqft
Last 12M:AED 1,379/sqft
Momentum: Last 12Mvs Prior Year
Stable+1%
GrowthLast 12M:AED 1,379/sqft
Prior Year:AED 1,362/sqft
Community Compare: Last 90DDubai Studio City
Discount-10%
Below AvgProject:AED 1,393/sqft
Community:AED 1,554/sqft
Liquidity: Last 12MExit Speed
High58%Turnover
439Sold (Last 12M)
Supply & Demand Matrix
Azizi Mirage 1 averaged 58% liquidity over the last 12 months, which is considered high. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
Studio
508 units
294 sold214 left
58%
Velocity
1 Bedroom
218 units
125 sold93 left
57%
Velocity
2 Bedrooms
36 units
20 sold16 left
56%
Velocity
Layouts & Units (762)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-9 | Inventory 508units 53 layouts · Typically 1 parking 4-12 sqm balcony | Size Range 266-560sqft | Price Range AED 397K - AED 888K | Avg PSF 1,415 | Sales 541 | Trend — | |
Asset Class 1 Bed FlatFloors 1-9 | Inventory 218units 48 layouts · Typically 0.9 parking 7-31 sqm balcony | Size Range 271-939sqft | Price Range AED 610K - AED 950K | Avg PSF 1,304 | Sales 235 | Trend — | |
Asset Class 2 Bed FlatFloors 1-8 | Inventory 36units 11 layouts · Typically 1 parking 10-51 sqm balcony | Size Range 784-1,601sqft | Price Range AED 950K - AED 1.6M | Avg PSF 1,256 | Sales 33 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 79,573-79,573sqft | Price Range AED 21.1M - AED 21.1M | Avg PSF 265 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 69,852-69,852sqft | Price Range AED 18.5M - AED 18.5M | Avg PSF 265 | Sales 1 | Trend — |
Grouped into 5 asset classes covering 762 units