Lazord by Lapis — project image
Off-Plan

Lazord by Lapis

From AED 1.27M·Handover Dec 2026·20% down payment Payment
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AED 1.27M
Starting Price
Dec 2026
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Lazord by Lapis is a residential development by Lapis Properties. The building comprises a basement level, ground floor, three podium levels, twelve residential floors, and a rooftop. The contemporary architectural style, highlighted by a striking façade, panoramic glazing, and geometric shapes, emphasizes the elegance and premium character of the project. The development offers studios, as well as one- and two-bedroom apartments. The spacious interiors are designed in a light color palette using high-quality materials, soft textures, and thoughtful details that create a cozy atmosphere and visual harmony. The complex features extensive amenities: a relaxation area with a swimming pool and jacuzzi, an open-air cinema, a billiards room, a children's playground, BBQ zones, dancing fountains, and a waterfall. For active lifestyles, residents can enjoy indoor and outdoor gyms, a jogging track, a spa area with a steam room and sauna, and air-conditioned family lounges. Strategically located, Lazord offers excellent connectivity — just 20 minutes to Burj Khalifa, Dubai Mall, Palm Jumeirah, Dubai Marina, and Dubai International Airport, and only 5 minutes to Global Village.

Project Specifications
DeveloperLAPIS Properties
LocationMajan
Unit TypesStudio, 1 BR, Apartments
AreaMajan
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 54,976 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,932
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 586,075 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from LAPIS Properties.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Children’s pool
Concierge Service
Jogging tracks
Kids Play Area
Landscaped park
Lift
Lobby
Open air gym
Outdoor cinema
Parking
Recreational areas
Sauna
Shared Jacuzzi
Shared Pool
Shared gym
Shared gym & fitness
Sports ground

Location

Majan

Nearby Destinations

Majan

Developer and Project Facts

01

Lazord by Lapis by LAPIS Properties

02

Located in Majan

03

Starting from AED 1,274,076

04

Unit mix includes Studio, 1 BR, Apartments

05

Expected handover: Dec 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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