Azizi Venice

Yes there are some alternatives in the same price bracket; Nshama Town Square (buildings around the park from the second developer by Emaar’s founder) Azizi Riviera in Meydan (mostly ready, stable community) Dubai South Masterproject from Dubai South Properties Azizi Venice (soon to be handed over, waterfront living, better than Riviera) Azizi projects coming on the strip of land called Jebel Ali Downtown (hidden gem - lowest supply, highest demand, highest ROI) Other similar communities but with smaller number of buildings than Midtown by Deyaar.

The brokers are who spread it initially and aggravated it. Quality is solid, if not unspectacular only now, after they have shifted to in-house development rather than external contracting. However, they quite simple dont deliver what they promise. Whether thats on-time commissions, or "beach front living". You could argue of course, that they still generate ROI and ROE, but thats because they have construction in some very good areas. Meydan is in the heart of dubai, and furjan has 2 metro stations only within itself. However, only a developer of the status of emaar or nakheel can get away with cancelling a project or backing out of something. Other developers dont get those chances. Hence, all eyes on Azizi Venice and whether they can actually deliver what they have promised, or are we in for Azizi Riviera part 2 in terms of commitments.

If it’s Azizi Venice (Dubai South) studio, it’s generally better to hold rather than sell right now. Studios in that area tend to have strong rental demand and good yield potential, and since Dubai South is still developing, most of the value is expected closer to handover. At the moment, there are many distress sellers, which is putting slight pressure on prices. Selling only makes sense if you need immediate liquidity or have a buyer offering a good premium,otherwise, exiting now could mean taking a loss. I would suggest hold on to it if you are not in rush as the location Is good and area backed by dubai govt

If I were you I would be upset at the agent for suggesting you Azizi Venice, even if the war were never to happen the project is scrap with no regulations on number of units. The project is flooded with studios and 1 bedrooms with not much of a rental market. With the war now happening things are very uncertain, any smart individual should wait and not commit to an investment, especially because all this is very fresh/new, just before the smoke clears is when you should be looking to invest. Ive been an agent in Dubai for 3+ years and have helped alot of my clients make decent returns. I recently had an investor who was eager to deploy capital somewhere and it was originally going to be Dubai, with whats been happening the past 2 weeks with no inclination of things getting better, I have now asked him to hold off Dubai and we are in the process of buying property in Thailand.