PropertyIndex

Azizi Gardens

Completed · Q4 2023|82 units · 1 building

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Azizi Gardens is a completed apartment development by AZIZI DEVELOPMENTS L.L.C in Meydan Racecourse Community, Nad Al Shiba First, comprising 82 registered units. 120 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,778 per sqft. At AED 1,778 per sqft, Azizi Gardens prices 14% below the Meydan Racecourse Community average of AED 2,070 per sqft on registered sales.

PIX© price · 6.3% YoY
884KAED
Typical
1,778AED
PSF
Gross yield
7.8%
PIX© rent ÷ PIX© price
Sale records
120
DLD · all time
Rent contracts
114
Ejari · all time
Azizi Gardens

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
407 – 814 sqft
82884K1,7786.3%69K7.8%
Residential
1 Bed · Apartment
423 – 661 sqft
46
2 Bed · Apartment
575 – 814 sqft
31
Commercial
Shop
407 – 647 sqft
5
Sales — Project-Wide120 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
28 Jul 20261 BedFloor 2436700,0001,607+15.4%StandardStandard Sale
17 Apr 20262 BedFloor 25891,165,0001,979+12.6%StandardLease-to-Own
24 Mar 20262 BedFloor 16861,085,0001,582+12.4%StandardStandard Sale
Rentals — Project-Wide114 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 97 rentals
Floors 1-2 · 49 rentals
Floors 3-4 · 48 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Aug 20261 BedFloor 343665,000149+8.3%Standardrenewal
1 Aug 20262 BedFloor 358870,000119-12.5%Entry Levelnew
31 Jul 20261 BedFloor 164268,000106-9.3%Premiumnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Meydan Racecourse Community

The closest-priced registered projects in Meydan Racecourse Community.

Common questions about Azizi Gardens

Answered from Dubai Land Department registered transactions.

How much does a property in Azizi Gardens cost?

Property in Azizi Gardens sells at a current PIX© price of AED 1,778 per sqft, or about AED 884,203 for a typical unit, based on 120 sales registered with the Dubai Land Department.

Is Azizi Gardens completed?

Yes. Azizi Gardens is recorded as completed in the Dubai Land Department project register (completed q4 2023).

Who is the developer of Azizi Gardens?

Azizi Gardens is developed by AZIZI DEVELOPMENTS L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Azizi Gardens?

Azizi Gardens yields 7.8% gross, calculated from current PIX© rent against current PIX© sale price, across 114 registered Ejari contracts.

How many units are in Azizi Gardens?

Azizi Gardens holds 82 registered units, per the Dubai Land Department unit register.

Have prices in Azizi Gardens gone up or down?

Price per sqft has risen +6.3% over the last 12 months, to AED 1,778, across 120 registered sales.