Building Amenities
9 on-site · 0 min walk
- Swimming poolIn building
- Landscaped gardensIn building
- On-site retailIn building
- Covered parkingIn building
- Waterfront promenadeIn building
Azizi Wasel
by Azizi Developments
Starting price
AED 1,060,000
Handover
Apr 2027
On Track
Payment plan
10/40/50
Bedrooms
Studio · 1BR · 2BR · 3BR
Type
Apartment, Penthouse
The Advisory Read
What we'd actually tell a client about this one.
Verdict · Consider
Expected yield5-7% net
Among Azizi's developments, Wasel is situated somewhere in the middle of the price spectrum; pricier than the Azizi Venice branch in Dubai South, but cheaper than the flagship Burj Azizi in Sheikh Zayed Road. The Wasel development rests on three main pillars: its location on Dubai Island's waterfront, which is still in its early development phase; its proximity to Dubai International Airport; and its location within Dubai Island's master plan.
Waterfront apartments in Dubai Island offer competitive rental yields between 5% and 7%. Most of the residents who rent apartments in Dubai Island are tourists and business travelers who pass through Dubai International Airport. As Dubai Island is still in its early development phase compared to other areas in Dubai like Dubai Marina, the property's appreciation is likely to outpace other real estate projects in Dubai.
The payment plans for Wasel require customers to pay 20% of the apartment's value upon booking, 40% of the value during the construction phase of the apartment, and the remaining 40% of the value at the apartment's handover in Q2 2027. However, payment plans after handover are available for select units.
Al Ranim Properties · RERA ORN 31846 · Last updated June 2026
About this project
Azizi Wasel is a mid-range residential project that is being developed by Azizi Developments on Dubai Island. Dubai Island is a carefully planned residential area that features a waterfront location on the northern side of Dubai. Within Dubai Island there are properties with studios, one-bedroom, two-bedroom, three-bedroom apartments and four-bedroom penthouses for sale that start at AED 1.06 million each. Therefore, this property is a mid-range entry level development within Dubai Island.
Dubai Island is located adjacent to Deira, which is the entrance to Dubai Creek and features a waterfront property and views of the Arabian Gulf. Additionally, the area is close to Dubai International Airport, as well as to the old commercial areas of both Deira and Dubai itself. Dubai Island is a tourist destination that includes marinas, beach clubs, and retail areas along the waterfront.
Properties within the Azizi Wasel development will include features such as swimming pools, gymnasiums, gardens, parking facilities, and access to the beach clubs along Dubai Island. Azizi Wasel will be handed over by the second quarter of 2027 and construction is ongoing.
Amenities
- Swimming pool
- Landscaped gardens
- On-site retail
- Covered parking
- Waterfront promenade
- Retail strip
- Fully equipped gym
- Concierge service
Around the Address
Built around the way Dubai actually moves.
Azizi Wasel sits inside an already-knit neighbourhood, with metro stations, malls, schools and waterfront destinations woven into daily life rather than tacked on later.
Dubai Island, Dubai Island, Dubai, Dubai
Parks
1 nearby
- Burj Nahar Park~7 min drive
Beaches
1 nearby
- Dubai Islands Beach~5 min drive
Malls & Entertainment
1 nearby
- One Deira Mall~8 min drive
Schools
1 nearby
- The Primary Nursery~7 min drive
Other Landmarks
2 nearby
- Dubai International Airport~12 min drive
- Downtown Dubai~30 min drive
Street-level check
Drop into Street View and walk the entrance. The five minutes spent there will tell you more than any brochure photo.
Street ViewThe minute counts are from the project plot, not the community boundary. Driving estimates assume normal Dubai traffic (not 7am rush or empty Friday morning).
Trusted Developer
Delivered by Azizi Developments, one of Dubai's recognised developers
Near-Term Handover
Expected Apr 2027
Low Down Payment
Just 10% down to secure your unit
Luxury Living
Premium amenities and concierge-level service
Buyer questions
The points buyers raise most often.
Studios from around AED 1.06M, one-bedroom from around AED 1.92M, two-bedroom from around AED 3.46M, three-bedroom from around AED 4.7M. Off-plan property prices rise as construction advances, so booking earlier provides the advantage of buying at lower prices. Buyers are advised to inquire about the latest pricing list from the developer.
The planned handover of Azizi Wasel is projected for Q2 2027 according to Azizi Developments' official launch date. At present, construction is progressing normally. Handover dates of Dubai Island off-plan projects can be revised based on several factors, but buyers can consider handover by Q2 2027 with a little buffer.
Azizi Wasel's payment schedule is in line with the company's usual 20/40/40 scheme. The initial installment of 20 percent is made during booking; 40 percent is paid in installments during construction; and the final 40 percent is made upon handover. Buyers should check further details on post-handover payment possibilities from Azizi Developments.
Investing in Azizi Wasel makes sense if you're looking for mid-range investments in Dubai Island waterfront properties. With prices beginning at AED 1.06 million, it will offer a comfortable mid-point choice between Dubai South entry-level projects and central waterfront properties. Typically, the net rental return on investment for Dubai Island ranges from 5 to 7 percent, and short-term rentals are promising due to tourism in the area. A 4 to 6-year investment horizon seems realistic for capital appreciation.
