Azizi Wasel: Waterfront Apartments on Dubai Islands, Deira

Azizi Wasel is a waterfront apartment project from Azizi Developments on Dubai Islands, the four-island waterfront district taking shape off the coast of Deira. Some portals list the same project as "Azizi Wasl" — Property Finder's own listing title drops the middle e — but it is the same building, the same site and the same developer; this page uses "Wasel", the spelling confirmed in Azizi's Arabic-language marketing, and flags the variant once here so either search lands you on the right page.

The building is planned around studio-to-three-bedroom waterfront apartments, with reported entry pricing from AED 1,060,000 (about US$272,000) — the figure Arabian Business published when the project was announced. That sits toward the lower end of what is currently listed across Dubai Islands as a whole, where portal data shows asking prices spanning roughly AED 1.1 million to AED 67.5 million with a median near AED 3.5 million. Handover is targeted for June 2027, a multi-year construction runway typical of an early-stage island launch rather than a near-ready building.

Wasel comes from a developer with an actual delivery record behind it: Azizi Developments, founded in 2007 by Mirwais Azizi, has delivered upwards of 45,000 homes worth close to $15 billion, with more than 150,000 further units currently under construction, valued at an estimated $50 billion. That track record matters most on a project like this one, where the wider destination around it — three beachfront hotels already trading, a large retail and market district still under construction — is being built out in real time, not already finished and proven.

The one number most people searching for this project actually want, plus the two other financial facts already public:

Wasel's real selling point is where it sits. Here is what is actually documented about Dubai Islands as a destination:

Property listings for the building describe the following amenities; confirm the final specification with our sales line before booking:

Buying at Wasel today means buying before Dubai Islands' hospitality and retail build-out is finished — earlier timing than buying once the destination is fully established, which is exactly the trade-off behind any growth-corridor purchase. Like every Dubai property open to foreign buyers, Wasel is freehold and registers with the Dubai Land Department (DLD), giving owners full legal title regardless of nationality or UAE residency status — no local partner, no leasehold structure, no expiry date on ownership.

The UAE's federal Golden Visa programme grants long-term residence to buyers whose freehold property is registered at AED 2 million or more, under rules set by the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP) — a freehold-titled purchase at or above that mark may qualify. Wasel's reported entry price of AED 1,060,000 sits below that threshold, so an entry-level studio would not, by itself, secure it; that is worth knowing before you book, not after. Buyers targeting Golden Visa eligibility specifically should ask our sales line which unit types and floors clear the AED 2 million mark.

Dubai's rental market is regularly cited by international property consultancies as one of the stronger-yielding gateway-city markets, helped by zero personal income tax and no annual property tax on owned residential real estate. A district as new as Dubai Islands does not have its own multi-year rental track record the way Dubai Marina or JBR do yet — that history is still being written, alongside the hotels and retail going up around it. What is fixed is the construction runway: June 2027 for handover, giving buyers time to plan financing, or a resale, before keys change hands.

Get live pricing by unit type, the current payment plan, and a straight answer on Golden Visa eligibility from a consultant who covers Wasel and the rest of the Azizi portfolio.

WhatsApp us or dial +971 56 723 3519 — our sales line gives the fastest reply during business hours, and you pay the same price Azizi publishes, with nothing added by us.