
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.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Lazord by Lapis launch basis | 1,416 | AED 1.27M | Current launch / asking basis |
| Majan ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Majan premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |
















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Astraterra Properties
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Majan
Lazord by Lapis by LAPIS Properties
Located in Majan
Starting from AED 1,274,076
Unit mix includes Studio, 1 BR, Apartments
Expected handover: Dec 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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