Azizi vs Sobha Realty

Azizi is the cheaper book per sqft, at AED 2,174 against AED 2,775 for Sobha Realty, so Sobha Realty is 28% dearer per sqft. On the typical unit that reads as AED 1.23M for a median 671 sqft home from Azizi, against AED 2.19M for a median 802 sqft home from Sobha Realty. Part of that gap is product, not premium: the two are not selling the same mix of unit.

Azizi sells mostly studios, 2,843 priced records at a median AED 2,325 per sqft and AED 796K a unit. Sobha Realty leans to 1 BR units, 2,732 records at AED 2,895 per sqft and AED 2.05M a unit.

Entry pricing: the lowest published starting price is AED 335K from Azizi and AED 800K from Sobha Realty.

Across 173 published plans from Azizi, the median asks 50% before handover, with 2% carrying instalments that run past the keys. Sobha Realty publishes 99 plans, a median of 60% before handover and 2% with a post-handover tail.

The heavy end matters more than the median when the plan is the reason to buy. 41% of Azizi plans want 60% or more before keys, against 87% of Sobha Realty plans. At the light end, 59% of Azizi plans and 13% of Sobha Realty plans ask 50% or less.

Azizi builds in Dubai, across 19 communities, most of it in Meydan, Dubai South, Al Furjan. Sobha Realty builds in Dubai, Umm Al Quwain, Abu Dhabi, across 25 communities, concentrated in Umm Al Quwain Marina, Bukadra, Mohammed Bin Rashid City.

Azizi peaks in 2027, when 36 of its 60 tracked projects are scheduled to hand over. Sobha Realty peaks in 2029 with 32 of 97. Published handover dates move, so read them as developer intent rather than a delivered date.

50% of the Azizi projects tracked are listed as sold out or out of stock, against 25% for Sobha Realty. That is the share of each book no longer taking new bookings at listed prices, which reads as demand on the way in and as scarcity on the way out.