Overview

Lapis Properties is a Dubai-based luxury real estate developer known for crafting modern, design-focused residential communities across the United Arab Emirates. The company places a strong emphasis on architectural quality, sustainability, and lifestyle-oriented living spaces, combining innovation with refined aesthetics to deliver long-term value for homebuyers and investors alike.

With over a decade of experience in the Middle Eastern real estate market, Lapis Properties has built a reputation for thoughtful project conceptualization and contemporary design that caters to both local residents and global investors.

Key Facts & Numbers 

• Founded: 2014 — established to deliver modern and sustainable residential projects in the UAE.

• Headquarters: Dubai, United Arab Emirates

• Experience: 10+ years in real estate design and development across the UAE and regional markets.

• Project Focus: Residential towers and boutique lifestyle communities

• Design Philosophy: Elegant, functional architecture with sustainability principles and contemporary finishes.

Project — Ras Al Khaimah (RAK Central / Al Marjan Island)

🏙️ Azure by Lapis

Azure by Lapis is the company’s signature residential tower in RAK Central / Al Marjan Island, combining coastal living with urban convenience.

📍 Project Details

• Location: RAK Central (near Al Hamra Mall) and Al Marjan Island, Ras Al Khaimah, UAE — a rapidly developing mixed-use district.

• Building Type: 40-storey luxury residential tower featuring panoramic views and coastal design inspiration.

• Unit Mix: Studios, 1–3 bedroom apartments, penthouses, and sky villas — offering a range of lifestyles from urban to upscale waterfront living.

• Amenities: Infinity pool, sky gardens, rooftop deck, indoor/outdoor gyms, spa & sauna, jogging paths, outdoor cinema, landscaped parks, and waterfront leisure spaces.

• Ownership & Investment: Freehold ownership and flexible payment plans (e.g., 75/25 with post-handover options).

• Handover: Q4 2028 (estimated).

• Price Range: Starting from approximately AED 750,000–899,000+ depending on unit type.

Azure by Lapis is positioned as a premium investment and lifestyle property with strong appeal for both expatriate investors and families seeking a balanced urban-coastal environment in RAK.

Other Key Projects & Portfolio

🏢 Lazord Residences — Majan (DuBiLand), Dubai

• A boutique residential tower in Majan featuring studios, 1–2-bedroom apartments.

• Focused on modern design, lifestyle amenities, and smart layouts, Lazord embodies Lapis’ commitment to quality urban living.

(Lazord demonstrates the company’s design capabilities and ability to deliver premium living options in Dubai’s competitive market.)

Presence Outside RAK & National Footprint

Lapis Properties primarily operates within the United Arab Emirates, with developments in both Dubai and Ras Al Khaimah. The company’s experience spans urban and coastal contexts, showcasing adaptability and diversified delivery:

✔ Dubai: Boutique residential offerings like Lazord Residences in Majan, catering to families and city demand.
✔ Ras Al Khaimah: Premium waterfront living through Azure by Lapis in RAK Central/Al Marjan Island.

As of now, Lapis Properties does not have widely publicized developments outside the UAE, with its portfolio focused on strengthening its presence within the country’s vibrant real estate landscape.

Market Position & Strength

Lapis Properties is distinguished by:

✔ Design-driven development philosophy — balancing architecture, sustainability, and lifestyle.
✔ Targeted quality living projects in key urban and coastal markets.
✔ Flexible payment structures that enhance market accessibility.
✔ Commitment to sustainable communities and long-term value creation.

Why Buyers & Investors Choose Lapis Properties

✔ Premium lifestyle residences with modern design and functional layouts.
✔ Diverse unit options for different buyer segments — from first-time buyers to investors.
✔ Strategic locations in Dubai and Ras Al Khaimah with high growth potential.
✔ Resort-style amenities and coastal living appeal in RAK.
✔ Flexible ownership and payment plans, appealing to both local and international investors.