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Dubai project data

LAZORD BY LAPIS: sale prices and rents

لازورد باي لابيس

Registered sales and rent contracts for the project LAZORD BY LAPIS in Majan, from Dubai Land Department open data.

LAZORD BY LAPIS (Majan): 61 registered sales in the 12 months to September 2026, median AED 1,461 per sq ft. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
61
−67.6% vs previous 12 months
Median price per sq ft
AED 1,461 per sq ft
−3.3% vs previous 12 months
Median sale price
AED 727,425
Off-plan share of sales
100%
Registered rent contracts
under 3
Median annual rent
under 3 rent contracts
Gross rental yield
under 3 sales
Mortgage registrations
under 3
Units in the register
313

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in LAZORD BY LAPIS

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan61AED 1,461 per sq ft1,341 – 1,677
Readyunder 3under 3under 3

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in LAZORD BY LAPIS

Registered rent contracts
under 3
Median annual rent
under 3 rent contracts
Median annual rent per sq ft
under 3 rent contracts
Gross rental yield
under 3 sales

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in LAZORD BY LAPIS

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio33AED 1,489 per sq ftunder 3 rent contractsunder 3 sales
1 bedroom12AED 1,424 per sq ftunder 3 rent contractsunder 3 sales
2 bedrooms13AED 1,362 per sq ftunder 3 rent contractsunder 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in LAZORD BY LAPIS

MonthSalesMedian per sq ftRent contracts
Jan 202510AED 1,322 per sq ftunder 3
Feb 202549AED 1,626 per sq ftunder 3
Mar 202526AED 1,616 per sq ftunder 3
Apr 202518AED 1,484 per sq ftunder 3
May 202518AED 1,409 per sq ftunder 3
Jun 20256AED 1,346 per sq ftunder 3
Jul 20258AED 1,593 per sq ftunder 3
Aug 202531AED 1,459 per sq ftunder 3
Sep 202522AED 1,542 per sq ftunder 3
Oct 20254AED 1,439 per sq ftunder 3
Nov 20257AED 1,494 per sq ftunder 3
Dec 202512AED 1,671 per sq ftunder 3
Jan 20265AED 1,362 per sq ftunder 3
Feb 20264AED 1,545 per sq ftunder 3
May 202613AED 1,466 per sq ftunder 3
Jun 20265AED 1,233 per sq ftunder 3
Jul 20263AED 1,370 per sq ftunder 3
Sep 20266AED 1,287 per sq ftunder 3
Sales per calendar year
YearSalesMedian per sq ft
2025211AED 1,521 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

LAZORD BY LAPIS is a project in the DLD area Wadi Al Safa 3.

Figures for Majan

Names as in the registered transactions and rent contracts; company names are not shown.

Buildings in LAZORD BY LAPIS

  • LAZORD BY LAPIS 61 registered transactions and rent contracts in 12 months.

More projects in Majan

Questions about LAZORD BY LAPIS

How many sales were registered in LAZORD BY LAPIS?
61 sales were registered in LAZORD BY LAPIS in Oct 2025 – Sep 2026.
What is the median price per sq ft in LAZORD BY LAPIS?
The median price of registered sales in LAZORD BY LAPIS was AED 1,461 per sq ft in Oct 2025 – Sep 2026.
Which DLD area is LAZORD BY LAPIS in?
LAZORD BY LAPIS is registered in the Dubai Land Department area Wadi Al Safa 3 (Majan).

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae