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Lapis Properties

Lapis Properties LLC operates as a real estate construction company with a focus on premium residential developments shaped for long usage under freehold ownership. Lapis Properties has projects in Majan and in RAK Central, where studios begin near 599000 and 790000 AED and floor plans stretch from compact units to three-bedroom homes. Delivery dates in 2026 and 2028 and published environmental scores of 42 and 38.5 from 100 give a clear baseline when someone compares cost, site quality, and long-term holding under freehold ownership. Market figures in Dubai that circle around a 6 to 7 percent rental return help shape expectations, and Kotook shares the numbers in one place.

تأسست في 2013
48 Burj Gate Office 601 Downtown – Dubai -UAE
100 المشاريع
مقاييس الأداء
2
قيد الإنشاء
2
قيد التطوير
13
سنوات الخبرة

Investing in Lapis Properties

Lapis Properties delivers homes in Majan at Dubailand and in RAK Central near Al Nakheel with a focus on functional layouts, shared gardens, fitness facilities, and social spaces that shape daily living. 

The company plans each building around convenient access to city routes and around amenities that support residents through leisure decks, pools, outdoor screening areas, and indoor gyms. 

The mixed-use structure of RAK Central by Lapis Properties in Ras Al Khaimah shows a direction that brings homes, retail services, and workspaces together in one connected place and supports long-term value for buyers and investors.

Lazord by Lapis Majan Apartments for Sale | Provident Estate

Lapis History and Architecture Philosophy 

Lapis Group began operating as a real estate construction company in Dubai in 2013 under a structure led by Emad Mohareb as Chairman, Wisam Mohareb as Vice Chairman, and Khaled Owaidat as Chief Executive Officer. 

The company’s public records show a steady focus on sustainability as a design principle that guides decisions on materials, energy use, and the way shared spaces are shaped for residents. The architecture teams work with functional layouts, shaded outdoor areas, planned landscaping, and daylight access in order to enhance livability. 

In projects such as RAK Central by Lapis, the plans rely on mixed-use zoning that joins homes with retail and workplace needs within one site so that daily movement becomes shorter and more efficient. This history and method help buyers see how long-term value and community comfort act as the core direction behind each development.

Projects of Lapis Properties LLC

Lapis Properties LLC operates as a real estate construction company with a focus on premium residential developments shaped for long usage under freehold ownership. Kotook listings show how this luxury real estate developer places attention on sustainability, planned shared spaces, and mixed-use developments in exclusive residential communities.

Lazord Majan Project Data

Lazord in Majan presents the most direct entry path within the current list by posting a clear studio starting price of 599000 AED and a Q4 2026 delivery target. The record notes a Greenness Index of 42 from 100 and confirms residential layouts in studio, 1 BR, and 2 BR types with variable sizes. 

If you want to align these details with real rental patterns in the Dubailand corridor, you can contact Kotook to review verified plans and compare alternatives based on current data. 

Azure RAK Central Project Data

Azure in RAK Central takes a broader direction by displaying a larger set of residential choices along with limited retail space inside a mixed plan. The first figure appears at 790,000 AED for studios with handover in Q4 2028 and a Greenness Index of 38.5 from 100. 

The unit catalog lists studio, 1 BR, 2 BR, and 3 BR together with penthouse layouts, three-bed sky formats, and small retail areas. The wider mix reflects a model that can respond to different households and to end-user demand once the wider RAK Central district becomes active. 

Project Name

Starting Price (AED)

Handover Year

Greenness Index

Unit Mix

Lazord Majan

599000

2026

42/100

Studio, 1BR, 2BR

Azure RAK Central

790000

2028

38.5/100

Studio, 1BR, 2BR, 3BR

If you plan to invest in Lapis Properties off-plan projects for sale, the current figures support measured ROI estimates by aligning purchase cost with projected annual income and expected rental absorption in both Majan and RAK Central.

Lazord By Lapis at Majan, Dubailand - Lapis Properties

Lapis Development vs Other Developers

Lapis Development works alongside other active builders in Dubai such as Emaar, Damac, and Azizi. 

Current market reports show average apartment rental yields in Dubai close to 6 to 7 percent, and this benchmark helps measure return when you review prices at RAK Central by Lapis or when you plan to buy Dubai off-plan properties at early stages.
Lapis projects list entry costs between 599,000 and 790,000 AED for studios, while similar units by Damac or Azizi can start above 720,000 AED. 

Emaar stock often sits at higher ticket bands, which can increase exposure and slow yield cycles. The spread of layouts in Majan and RAK Central gives room to choose cost levels that match planned holding periods.

Lazord By Lapis by Lapis Properties

Conclusion on Lapis Properties

Available data for Lapis Properties shows confirmed delivery schedules and a recorded environmental scoring system that supports clearer analysis of long-term holding. 

When average rental yields in Dubai move near 6 to 7 percent, the ability to map price against expected rent becomes more structured for units offered by Lapis Properties in Dubai as well as the active site in RAK Central. 

This alignment creates a measurable base for investors who seek predictable targets rather than speculative assumptions. If you want a precise evaluation built on current records, contact Kotook to compare layouts, fees, and yield paths before choosing a unit.

Yes, listed units appear under freehold ownership, which lets foreign buyers have full ownership.