Lazord by LAPIS

P3 — Under Development Off-Plan Primary
Developer LAPIS Properties
Community Majan
Property type Apartment
Data updated Feb 11, 2026

Lazord by LAPIS is a Under Development development by LAPIS Properties in Majan. 215 units across Studio (60%), 1 Bedroom (24%), 2 Bedroom (15%). Over the trailing 12 months, 215 sales at a median of AED 711,868.

Key Metrics
Median Price
Value
AED 711,868
Change
5.3% YoY
Transactions
Value
215
Change
120 in period
Price / sqft
Value
AED 1,461
Handover Status
Value
P3
Change
Under Development
Median Price
AED 711,868
↑ 5.3% YoY
Transactions
215
↑ 120 in period
Price / sqft
AED 1,461
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
5.1%
Community avg
Holding Period
Value
4.7 yrs
Community avg
Ready Market Mix
Value
60.0%
Community avg
Capital Return
5.1%
Community avg
Holding Period
4.7 yrs
Community avg
Ready Market Mix
60.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 130 units · 60%
1 Bedroom 52 units · 24%
2 Bedroom 33 units · 15%

Transaction Breakdown

All time — 215 transactions
Off-Plan Primary
215

Price History

Median Price — Lazord by LAPIS

Median prices in Lazord by LAPIS have risen sharply, up 18% from AED 912K to AED 1.1M over the past 11 months.

Recent Transactions

Showing last 10 of 215
Date Type Price (AED) Size (sqft) AED/sqft
Feb 11, 2026 OP Primary 1,419,275 1,112 1,275
Feb 11, 2026 OP Primary 1,593,629 948 1,680
Feb 11, 2026 OP Primary 613,165 396 1,544
Feb 04, 2026 OP Primary 726,792 389 1,866
Jan 27, 2026 OP Primary 1,285,185 943 1,362
Jan 23, 2026 OP Primary 500,000 356 1,401
Jan 23, 2026 OP Primary 550,000 389 1,412
Jan 23, 2026 OP Primary 525,000 396 1,322
Jan 23, 2026 OP Primary 525,000 396 1,322
Dec 30, 2025 OP Primary 1,075,188 660 1,627

This project is in Majan

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