Fawad Azizi Residences
1 BR · Apartment
About the building
20-storey residential building in Healthcare City Phase 2, completed in 2024. Developer — Azizi Developments. Architect — 360 Degrees Architectural Design Consultancy.
Specifications for Fawad Azizi Residence per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
The pin is placed by project — accurate to the development, not the door.
Al Jaddaf
A creekside district between Downtown and the airport: new towers, a healthcare cluster, and a metro station.
- central location at mid-market prices
- metro access
- healthcare and airport tenants
What to check: Al Jaddaf is still developing and towers continue to complete. Check what is under construction on the adjacent plots and what your outlook will be once those buildings top out.
Full district guide →Questions and answers about lot NP1-476887
How much is this 1-bedroom apartment in Fawad Azizi Residences?
Lot NP1-476887 is priced at AED 1 099 000, about $299 000. The listing does not state a size, so no price per square foot is given.
How much has the price of this lot been cut?
The price before the cut was AED 1 122 000; it is now AED 1 099 000 — AED 23 000 less, or 2%.
What are prices like in Al Jaddaf?
The database holds 19 lots in Al Jaddaf, starting from AED 700 740. The area median is AED 2 107 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 4 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Al Jaddaf area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2024 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 220 000; a loan of AED 879 000 over 25 years at 3.75–4.99% a year comes to roughly AED 4 500–5 100 a month. A non-resident puts down from 40% (AED 440 000) and pays about AED 3 400–3 900 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 43 960 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 901 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Fawad Azizi Residences?
The building has 20 floors and 587 units. The developer is Azizi Developments. Completion year: 2024. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP1-476887 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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