Lazord by Lapis
- Under construction · 28% built · handover Q4 2026
- 18 floors
- 6 lifts
- 288 parking bays
- 1 pool
- Master developer Lapis
A studio in Lazord by Lapis costs a median AED 588,750.
Studio · typical price
588,750AED
AED 1,492/sqft · -9.6% on a year
- vs Majan
- 0% below the median
Cost to buy, all inAED 628,864
- Price
- AED 588,750
- DLD fee 4%
- AED 23,550
- Agent 2% + VAT
- AED 12,364
- Trustee
- AED 4,200
Is Lazord by Lapis a good investment?Easy to sell; few units are let, prices are slipping and lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?Too few leases or sales to divide one by the otherNo record
- Is it easy to let?2% of units signed a yearly lease in 12 months; the typical Majan building manages 7%2%Watch
Majan median 7% · top tenth from 53%Lazord by Lapis · 2% Across 30 Majan buildings with 40 or more units, the median signed annual leases on 7% of units in 12 months and the top tenth on 53% or more; Lazord by Lapis is at 2%.
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- Are prices going up?Studio: AED 1,651/sqft a year ago, 1,492 now-9.6%Watch
- How fast do fees pay back?AED 40,114 in fees to buy a studio: DLD 4%, agent 2% plus VAT, trusteeAED 40,114
- Can I sell easily?64 sales in 12 months, 21% of the tower (184 the year before)64Strength
- Is a lot being built nearby?6,735 apartments are planned in Majan from 2026 to 2028, equal to 2.3 times the 2,913 homes let there today. A further 279 are past their planned date. Majan supply by year →231%Watch
- Did earlier buyers gain?Launch buyers still 4% down, before fees-3.9%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
Lazord by Lapis prices and rents by unit typeA studio costs about AED 588,750
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Majan · area median AED 1,494/sqft
- 12-month change
- -9.6%
- vs area median
- -0.2%
- Rank by price per sqft
- 15th of 28
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, Studio: Feb 2025, AED 638,256; latest, Oct 2026, AED 598,234; peak, Jun 2025, AED 689,362.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,451 · before fees
- Launch, 2025–26
- 1,510
- −4%
- 205 sales
- Previous 12 months
- 1,501
- −3%
- 184 sales
- Last 12 months
- 1,451
- today
- 64 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Majan
Every Majan building with a page, ranked by price per sqft over the same 12 months, all unit types. Lazord by Lapis places 14th of 49; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Lazord by Lapis (AED 1,451/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, Lazord by Lapis has registered sale prices 0% below the Majan median price per square foot of 1,494 AED, across 28 eligible buildings. It ranks 15th of 28 by price per square foot in Majan.
Market context in Majan
Registered sales activity
886 ready apartment sales in the 12 months to 2026-10-12.
-6.9% in median AED/sqft versus the preceding year, supported by 886 current and 455 prior price observations.
Explore sales activityPlanned apartment projects
4,418 known registered units across 10 pending projects planned within one year of the 2026-07-06 register.
2 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
6,735 apartments are planned in Majan from 2026 to 2028, equal to 2.3 times the 2,913 homes let there today.
Ready prices per sqft fell in 53% of 15 buildings (counted once per bedroom type) in Majan with sales in both years; the typical one moved −0.4%.
The pooled median moved −6.9%: 6.5 points less than the typical building, because different buildings traded in each year.
New-lease rents fell in 50% of 12 buildings (counted once per bedroom type) with leases in both years; the typical one moved −0.4%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Lazord by Lapis
Lazord by Lapis is an under-construction (28% built) apartment building by Lapis in Majan. 248 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 18
- Lifts
- 6
- Parking bays
- 288
- Pools
- 1
- Master developer
- Lapis
Drive times · typical
- Downtown
- 23 min · 22 km
- DXB Airport
- 20 min · 26 km
- DIFC
- 19 min · 23 km
- Dubai Marina
- 22 min · 25 km
- Palm Jumeirah
- 28 min · 29 km
Nearest, as registered
- Landmark
- IMG World Adventures
Lazord by Lapis: AED 1,451 per sq ft, 15% above the median Majan building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Lazord by LapisAED 1,451
- Majan, readyAED 893
- Majan, off-planAED 1,552
- Dubai, readyAED 1,421
Nearby in Majan
Prices per sq ft around Lazord by Lapis, on the mapPrices per sq ft around Lazord by Lapis, on the map
Samana Barari Heights
Majan · 411 sales, 12 months
824,394
AED, resale median · 1,822/sqft
Paradise View 1
Majan · 164 sales, 12 months
720,000
AED, resale median · 911/sqft
Tulip Oasis 10
Majan · 85 sales, 12 months
1.26M
AED, resale median · 1,263/sqft
Tulip Oasis 11
Majan · 69 sales, 12 months
1.19M
AED, resale median · 1,287/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Lazord by Lapis’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Lazord by Lapis?
- No gross yield is published for Lazord by Lapis as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 34 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Majan median is 8.7% gross.
- How much does a studio in Lazord by Lapis cost?
- The median registered sale price is AED 588,750 (1,492 AED/sqft), from 34 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Lazord by Lapis risen or fallen?
- Median price per square foot moved -9.6% over the last 12 months against the 12 before it, on 34 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How many apartments change hands in Lazord by Lapis?
- 34 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
For agents
Send this page to a client as a branded report
Lazord by Lapis sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 34 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/majan/lazord-by-lapis
Cite as: Dubai Wealth Index. “Lazord by Lapis sale prices and yield.” Majan, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/majan/lazord-by-lapis
Stable dataJSON