About Lazord

Private swimming pool in each residence for ultimate comfort
Extensive recreational facilities including a jacuzzi, sauna and outdoor cinema
Modern architecture with high-quality finishes and premium materials
Conveniently located just 5 minutes from the Burj Khalifa
Flexible payment plan with only 20% due during the construction period

Lazord at Majan (Dubai): Luxury apartments by Lapis

Lazord, developed by Lapis Properties in the prestigious Majan area of Dubai, promises a unique living experience that sets it apart from traditional real estate projects. This project combines refined architecture with high-quality finishes, making it an ideal choice for both investors and future residents. The residences range in size from 35.49 to 103.96 m2 and are available as studios, 1-bedroom and 2-bedroom apartments. Handover is scheduled for the fourth quarter of 2026, providing ample time for careful investment planning. With prices starting from AED 499,000, Lazord is an affordable option in Dubai’s luxury real estate market. The project focuses on a lifestyle of comfort and convenience, with amenities such as private swimming pools, a jacuzzi and an outdoor cinema. Furthermore, the location is perfect for those seeking quick access to the city’s main landmarks, such as the Burj Khalifa and Dubai Marina.

Residences and Types

Lazord offers a diverse range of residences, suitable for various needs and budgets. The studios are ideal for individuals or young couples looking for a compact yet stylish home. With an area starting from 35.49 m2, these units provide sufficient space for comfortable living. The 1-bedroom apartments are perfect for small families or professionals who desire more space. These units combine functionality with elegance, thanks to the careful attention to detail in their design. The 2-bedroom apartments, with an area of up to 103.96 m2, are suitable for larger families or those who appreciate extra space for guests. All residences are equipped with high-quality materials and modern amenities, such as a private swimming pool and premium kitchen appliances. This makes Lazord not only an attractive investment but also a pleasant place to live.

About the developer Lapis and the Lazord design

Lazord is a project by Lapis Properties, a developer known for its attention to quality and innovation. The building itself is a masterpiece of modern architecture, with a striking facade that is both stylish and functional. The careful planning of the spaces ensures an optimal balance between privacy and a sense of community. The communal facilities, such as the indoor swimming pool, sauna and outdoor cinema, are designed to enrich the lives of residents. Lapis Properties has chosen to use only the finest materials, resulting in a durable and low-maintenance building. The developer is known for its reliability and has a track record of successful projects in Dubai. This gives investors the confidence that Lazord will meet all expectations and be a valuable addition to their portfolio.

Prime location in Majan (Dubai) near key Dubai destinations

The location of Lazord in Majan is one of the project’s greatest assets. Majan is a rapidly growing district in Dubai, known for its tranquil environment and excellent connections to the rest of the city. The project is located just a 5-minute drive from the Burj Khalifa, the symbol of Dubai, and 10 minutes from Dubai Marina. This makes it perfect for those who wish to live close to the vibrant city life, yet still appreciate the calm of a residential area. Furthermore, Dubai International Airport is reachable within 20 minutes, which is ideal for frequent travellers. In the immediate vicinity, you will find numerous shops, restaurants and entertainment options, such as Global Village, which is just 5 minutes away. The combination of a favourable location and a high-quality living environment makes Lazord an excellent choice for both expatriates and local residents.

Flexible payment plan for Lazord apartments

The payment plan for Lazord is designed to offer investors maximum flexibility. During the construction period, you only need to pay 20% of the purchase price, which significantly reduces the financial pressure. The remaining 54% is due upon the project’s handover, which is scheduled for the fourth quarter of 2026. This staged payment plan allows you to spread your investment and plan more effectively. For questions regarding the payment plan or other details, you can always contact our property advisor in Dubai. We are ready to guide you through every step of the process, from initial interest to the final purchase. With prices starting from AED 499,000 and a favourable payment plan, Lazord is an excellent opportunity to invest in Dubai’s dynamic real estate market.

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Monthly payments and your own funds

How much do you need for Lazord, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE? No, non-resident Yes, UAE resident

Purchase price AED 650,000 Finance at handover 40% Maximum 40%: 40% is due at handover, and banks generally finance no more than 50% for non-residents. Interest rate 3.6% Term 25 years

Monthly payments after handover

AED 1,316

≈ € 320 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan: AED 390,000≈ € 93,600
Your funds at handover: AED 0≈ € 0
Mortgage at handover: AED 260,000≈ € 62,400
Purchase costs4% DLD fee and mortgage costs: AED 30,120≈ € 7,200
Total funds required: AED 420,120≈ € 100,800

Request finance guidance for Lazord

How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)	Maximum mortgage
First home up to AED 5m	80%
First home above AED 5m	70%
Second home or investment	60%
Off-plan, before handover	50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

About Lapis

Lapis offers a diverse portfolio of off-plan property projects, ranging from luxury apartments to modern villas and commercial spaces. These projects are located in high-demand areas in Dubai, such as Downtown, Dubai Marina and Palm Jumeirah. Each project is characterised by carefully designed architecture and high-quality finishes. Investors can choose from various unit types, with sizes starting from 50 m2 to over 300 m2. Prices start from AED 1,200,000, with flexible payment plans that suit diverse investment strategies. Due to the focus on quality and location, Lapis's off-plan projects are popular with both local and international buyers.

Since its establishment, Lapis has developed into a leading name in Dubai's property development. With a history spanning more than a decade, the company has built a solid reputation for delivering projects on time and to high standards. Iconic projects such as the award-winning "Azure Residences" and the luxurious "Pearl Towers" demonstrate Lapis's expertise in creating property that holds its value. The developer has won multiple awards for innovative design and customer satisfaction, strengthening its position as a reliable partner. This experience now translates into a new offering of off-plan projects, where investors can benefit from proven quality.

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