Lazord by Lapis Phases 1 and 2

Lazord by Lapis, developed by Lapis Properties in Majan, is a single residential building across two phases delivering 24 semi-furnished apartments, with completion scheduled for Q4 2026.

# The building and its position in Majan

Majan sits within the broader Dubailand corridor, bounded by Sheikh Mohammed Bin Zayed Road to the front and within reach of Al Ain Road, giving it arterial connections to Sharjah, Al Ain and Abu Dhabi. The district is still filling in, which is precisely the condition that attracts investors who watched earlier Dubailand sub-communities appreciate as infrastructure matured around them.

Lazord is a single building across two phases, compact by Dubai standards at 24 units total. That scale is a deliberate quality: fewer residences, shared facilities that do not feel diluted across hundreds of owners, and a quieter communal atmosphere than the mega-developments that dominate nearby plots. Construction is at 8 per cent completion against a Q4 2026 delivery target.

# Residences, layouts and sizing

The project covers studios and one- and two-bedroom apartments, ranging from approximately 501 sq ft to 1,184 sq ft. Studios are priced from AED 999,147 and extend to around 881 sq ft at AED 1,303,973, suggesting the larger studio configurations are closer to conventional one-bedroom proportions. One-bedroom units start at AED 1,445,047 for 672 sq ft and reach AED 2,229,373 for the largest at 1,184 sq ft. Two-bedroom residences at 1,117 sq ft are priced at AED 2,089,807 to AED 2,122,807.

All apartments are semi-furnished. The developer's specification references equipped kitchens and smart home systems.

Service charge is fixed at AED 16 per sq ft per year. Escrow account number 019000084536 is registered with the relevant Dubai authority.

# Amenity provision across the two phases

The amenity list covers both wellness and leisure without relying solely on a pool deck. An indoor gym sits alongside an outdoor gym and a jogging track for those who prefer movement outside. The leisure pool deck includes a Jacuzzi. There is also a steam room and sauna.

Social infrastructure runs to a billiards room, lounge area, barbecue area and outdoor cinema. A kids' play area and dancing fountains address families directly. For a building of 24 units, the breadth of the offering is considerable.

# Distances and daily convenience

Majan Public Park is 0.9 km away. Miles of Smiles Nursery and the Midtown Central Majan retail and dining strip are each within 1 km on foot. These distances matter for buyers with young children or those who prefer to walk daily errands rather than drive them.

For wider movement, Downtown Dubai is 20.6 km, Dubai International Airport 26.1 km, and Sufouh Beach 24 km. None of these is close, but all are within a standard 25-to-35-minute drive on a clear road, which in Dubai qualifies as accessible rather than remote.

# The buyer this project is designed for

Lazord fits a specific kind of purchase decision. The entry price around AED 999,000 for a studio in a low-density building in a developing district makes a case for capital growth rather than yield from day one. Majan's rental rates currently sit below those of established coastal or central neighbourhoods, which the developer's own background material acknowledges. That gap narrows as district infrastructure fills in, and buyers pricing off today's rents will undervalue the asset.

For owner-occupiers, particularly those relocating from European cities where 800 sq ft in a well-specified building with a pool deck, gym and outdoor cinema would carry a markedly higher price tag, the value per square foot holds up as a serious argument. The semi-furnished specification reduces the friction of moving in, and the building's compact size means management and community feel are likely to remain coherent in ways that larger schemes sometimes fail to sustain.