Price from
AED 824K
Starting price for Raffi.

New Launch
Raffi by Azizi in Jabal Ali First opens at AED 824K for studios, with per-sqm pricing from AED 14,847 to AED 19,941 and a Q1 2028 handover target.
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Data coverage
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Price from
AED 824K
Starting price for Raffi.
Completion
Q1 2028
Tracked completion target for Raffi.
Related projects
65
Nearby launches and other Azizi projects.
Raffi is Azizi's compact residential launch in Jabal Ali First, priced from AED 824K for studios and targeting Q1 2028 completion. At AED 14,847 to AED 19,941 per sqm, it sits toward the upper end of new-launch pricing for this district, which makes developer execution history, payment plan structure, and area rental demand the three variables that determine whether it earns selection time. Buyers weighing off-plan against ready stock in this corridor must decide whether a two-year hold to completion justifies the entry price over what completed units in the same district offer today.
Raffi delivers 221 units across two bands. Studios — 110 units from AED 824K to AED 1.04M at 42.83 to 60.02 sqm — anchor the offering for single-occupant investors and first-time Dubai freehold buyers. One-bedrooms — 111 units from AED 1.02M to AED 1.33M at 55.24 to 89.65 sqm — sit immediately above. The overlap between the top of the studio range and the base of the one-bedroom range is a critical decision point: a 60 sqm studio at AED 1.04M and a 55 sqm one-bedroom at AED 1.02M price within AED 20,000 of each other, making a unit-type comparison on per-sqm rate essential rather than optional. Buyers financing the purchase must also account for a 7% buyer-side buyer-side fee — on a AED 1M transaction that adds AED 70,000 to the effective acquisition cost, a figure material enough to shift the yield calculation. With 18 recorded transactions logged against Raffi, early secondary market data is limited. Investors using transaction velocity as a demand signal should wait for a deeper dataset before drawing conclusions about absorption strength. Review the full off-plan buying process to confirm payment plan terms, Dubai Land Department registration costs, and escrow requirements before signing the SPA.
Jabal Ali First occupies Dubai's southwest corridor, with Sheikh Zayed Road providing northern connectivity and direct routes to Al Maktoum International Airport and Expo City Dubai via Emirates Road. The broader Jabal Ali district connects to the Red Line metro network, linking residents to Dubai Marina, JLT, and central Dubai without a car. Rental demand in Jabal Ali First is employment-led, anchored by the Jebel Ali Free Zone — one of the largest free zones globally — and the growing logistics and aviation workforce serving Dubai South. That employment base makes Jabal Ali First a more defensive rental market than pure lifestyle districts: occupancy tracks job growth rather than tourism cycles or short-term demand surges, which matters when underwriting a two-year off-plan hold. The trade-off is amenity density. Jabal Ali First is predominantly mid-rise residential with limited street-level retail; buyers expecting walkable retail streets or waterfront infrastructure should evaluate that gap honestly against alternatives in Al Furjan, Dubai Marina, or Dubai South before committing capital. Per-sqm pricing in Jabal Ali First runs well below Business Bay, Dubai Marina, and JVC for comparable new builds — which is precisely the yield argument underpinning Raffi's price band and the reason this district attracts yield-focused investors over lifestyle buyers.
Azizi is among Dubai's most active developers by unit count, with a live pipeline spanning Al Furjan, Dubai Healthcare City, MBR City, and the Venice master community in Dubai South. For buyers evaluating Raffi on developer strength rather than location alone, the Venice launches offer the clearest comparison. Azizi Venice 13, Azizi Venice 12, and Azizi Venice 16 sit within a large-scale master plan that includes a man-made canal, retail boulevard, and proximity to Al Maktoum International Airport — a macro growth driver that Jabal Ali First does not yet match in scale or planned infrastructure investment. Venice per-sqm pricing overlaps with Raffi's range, but the master community premium carries a longer capital growth argument tied to airport expansion and the institutional investment flowing into Expo City. Buyers choosing between Raffi and a Venice launch are effectively choosing between an established residential district with a proven tenant base and a greenfield master community with higher upside and higher execution risk. Azizi's delivery track record is a relevant variable across both decisions — the developer has completed substantial unit volumes but has experienced handover delays on select launches. Buyers should request current construction progress documentation and review the SPA handover clause before committing to any Azizi off-plan purchase, regardless of the project.
Three active launches in Jabal Ali First compete directly with Raffi for the same buyer profile. At 85 Residences, Casa Altia, and The Pinnacle offer comparable unit typologies in the same district, giving buyers three direct data points to run a side-by-side comparison on per-sqm rate, handover date, payment plan structure, and unit specification before making a selection decision. If any of those three launches delivers a tighter per-sqm rate at equivalent or earlier completion, Raffi requires a specification or location justification to hold its current pricing. For investors open to moving beyond Jabal Ali First, active projects in Dubai South, Al Furjan, and JVC offer larger unit counts, more developed community infrastructure, and deeper rental track records — factors that carry weight when underwriting yield assumptions on a two-year off-plan hold. The off-plan vs ready comparison is worth running specifically for Jabal Ali First: completed stock exists in this district and trades at prices that allow buyers to test directly whether Raffi's off-plan entry represents a genuine discount or whether new-launch demand has compressed that gap. If the price difference between Raffi off-plan and a comparable ready unit in the same district is under 10%, the two-year capital lockup and construction risk require a strong conviction on Q1 2028 delivery to justify the off-plan position over a ready alternative.

Raffi studios are listed at AED 14,847 to AED 19,941 per sqm before acquisition costs. A 7% buyer-side buyer-side fee adds AED 57,680 to AED 72,800 on an AED 824K to AED 1.04M studio. On the smallest unit — 42.83 sqm at AED 824K — the all-in cost rises to roughly AED 881,680, pushing the effective per-sqm rate to approximately AED 20,586. Buyers should test that figure against current achieved rental rates in Jabal Ali First to confirm whether gross yield at that entry cost remains viable.
Q1 2028 represents roughly a two-year off-plan hold from current market timing — a standard window for a launch of this scale. Buyers should compare that date directly against the handover timelines for [At 85 Residences](/projects/at-85-residences), [Casa Altia](/projects/casa-altia), and [The Pinnacle](/projects/the-pinnacle). A competing project in the same district at a similar per-sqm rate but with an earlier completion date reduces both opportunity cost and the rental income delay, which can shift the investment case materially. Azizi's delivery record across active projects is a relevant input when assessing whether Q1 2028 is realistic.
Jabal Ali First draws tenants primarily from the Jebel Ali Free Zone workforce, Dubai South logistics sector, and the Al Maktoum International Airport catchment — an employment-anchored demand base that sustains occupancy more defensively than tourism-dependent districts. Studios in this corridor have broadly achieved annual rents in the AED 45,000 to AED 65,000 range depending on specification and floor level, implying gross yields of approximately 5.5% to 7.9% at Raffi's AED 824K entry. Investors should verify current asking and achieved rents against live listings before building those figures into a business case, and must account for service charges reducing net yield below the gross figure.

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