Lazord by LAPIS

TL;DR

Lazord by LAPIS is a boutique 12-storey off-plan tower in Majan, Dubailand — 304 luxury residences (studios, 1-bedroom, and 2-bedroom apartments) with sizes from 382 to 1,119 sqft. What sets Lazord apart is the inclusion of private pools on select balconies — a luxury previously confined to Dubai's ultra-premium segment, here available in Majan at competitive price points. Prices from AED 499,000 for studios. Q4 2026 handover. Payment plan: 20% down, 54% during construction, 10% at handover, 16% post-completion. Smart home technology integrated across all units. Community amenities include gym, steam room, sauna, shared pool, and children's play area. Majan's proximity to Global Village, IMG Worlds of Adventure, and Dubai Silicon Oasis positions Lazord as one of the area's most premium boutique investment addresses.

Overview

Lazord by LAPIS is developed by Lapis Properties, a boutique Dubai-based real estate developer known for delivering design-forward residential projects with premium specifications at accessible price points. The name 'Lazord' draws from lapis lazuli — the intense blue semiprecious stone associated with luxury, royalty, and craftsmanship since antiquity — a fitting reference for a building that positions itself as a refined luxury experience within Majan's emerging residential landscape.

Majan is a sub-district within Dubailand, positioned adjacent to Global Village (one of Dubai's most visited annual events destinations) and the Al Barari luxury villa community. The area is developing rapidly as Dubailand's master plan matures — retail, schools, clinics, and F&B infrastructure are being established, and residential tower delivery in Majan is accelerating to serve the district's growing population.

At 304 units across 12 floors, Lazord is a deliberate boutique-scale development. The limited unit count enables a higher level of construction oversight, better per-unit amenity quality, and a more exclusive resident community than the large-format 500–800 unit towers that dominate Dubai's off-plan residential pipeline. The defining differentiator — private balcony pools on select units — is an amenity that commands meaningful premium in both sale and rental pricing.

Location & Connectivity

Majan (also known as Wadi Al Safa 3) is located in the heart of Dubailand, approximately 20 kilometres from Downtown Dubai on the Sheikh Mohammed Bin Zayed Road (E311) corridor.

Key distances from Lazord by LAPIS:

• Global Village: 5–8 minutes by car (seasonal: October–April)
• IMG Worlds of Adventure: 10 minutes
• Dubai Silicon Oasis: 10–12 minutes
• Academic City: 12 minutes
• Dubai Hills Mall: 15 minutes
• Al Barari: 5 minutes
• Downtown Dubai / Burj Khalifa: 20–25 minutes
• Dubai International Airport (DXB): 20 minutes
• Dubai International Airport (DXB): 20 minutes via Al Khawaneej

Primary road access:

• Sheikh Mohammed Bin Zayed Road (E311): 5 minutes — main highway connecting north to Dubai city centre and east toward Sharjah/Al Ain
• Al Khawaneej Road: connects northeast toward DXB
• Emirates Road (E611): accessible via E311 junction, providing north-south Dubai connectivity

Majan does not currently have dedicated Metro access; residents primarily commute by personal vehicle. The RTA bus network serves the area with connections toward Academic City and DSO. The Dubai 2040 Urban Master Plan includes expanded transit coverage for the Dubailand corridor that encompasses Majan.

Within Majan itself: the district has a growing retail and F&B base, with Al Barari Garden Centre and food market, local supermarkets, pharmacies, and community cafes within a 10-minute radius. Global Village's proximity provides seasonal entertainment value unavailable in any other Dubai residential district — 11 country pavilions, over 3,500 shopping outlets, and 150+ restaurants within 5 minutes.

Architecture & Unit Design

Lazord's 12-storey form is low-rise relative to Dubai's urban towers, creating a building that feels human-scale and approachable within Majan's growing but not yet hyper-dense streetscape. The facade design draws from lapis lazuli's colour language — deep blue accents against light stone-effect cladding, with structured balcony projections that create both visual depth and functional outdoor shading.

Studios (from 382 sqft):

• Compact open-plan living/sleeping/kitchen zone
• Custom-designed cabinetry and fitted kitchen
• Full bathroom with premium fixtures
• Smart home system: app-controlled lighting, climate, and security access
• Private balcony — community or district views
• Prices from AED 499,000

1-Bedroom Apartments:

• Separate bedroom with built-in wardrobe
• Open-plan living/dining room
• Semi-enclosed kitchen with integrated appliances
• Full bathroom
• Private balcony
• Prices from AED 675,000–1,200,000

2-Bedroom Apartments (to 1,119 sqft):

• Master bedroom with en-suite
• Second bedroom with shared bathroom
• Extended living/dining area
• Full kitchen with pantry
• Larger private balcony
• Prices from AED 1,200,000–2,800,000

Private Balcony Pool Units (Select 1BR and 2BR): The defining premium of Lazord — select units include a private plunge pool integrated directly onto an extended balcony structure. These pools (typically 2.5–4 metres length) are unique in Majan and rare across Dubailand's residential stock. Features:

• Private pool fill/drain system managed independently by each unit owner
• Pool-facing balcony orientation
• Outdoor lounge area alongside the pool
• Available across 1BR and 2BR configurations
• Premium pricing of approximately AED 150,000–300,000 above equivalent non-pool units
• Significantly faster leasing velocity and higher rental premium in the Majan/Dubailand market

Smart Home Integration (All Units):

• App-based control of: lighting scenes, climate (thermostat and zones), electronic door lock, and intercom
• Building access via smartphone credential or key fob
• Real-time energy monitoring dashboard

Amenities

Lazord's amenity suite is positioned above the Majan/Dubailand community standard:

Shared Swimming Pool:

• Temperature-controlled outdoor pool
• Sun deck with quality loungers
• Landscaped pool garden

Gymnasium:

• Fully equipped fitness studio with premium cardio and strength equipment
• Open daily

Steam Room and Sauna:

• Wellness suite providing post-workout recovery — a meaningful upgrade over pool/gym-only buildings in the area
• Available to all residential occupants

Children's Play Area:

• Safe, dedicated outdoor play zone

Building Services:

• 24-hour security and CCTV
• Covered resident parking
• High-speed elevators
• Smart building access control system

Payment Plan & Investment Analysis

Lazord offers a developer-direct flexible payment plan:

• 20% on booking (down payment)
• 54% during construction (milestone installments across the construction period)
• 10% on handover (Q4 2026)
• 16% post-completion (in installments after handover)

This structure's post-completion installment option is investor-friendly — the 16% deferred post-handover allows buyers to commence generating rental income before the final payment tranche is complete.

Pricing:

• Studios: from AED 499,000
• Studio with private pool: from AED 675,000
• 1BR: from AED 700,000–1,200,000
• 2BR: from AED 1,200,000–2,800,000

Majan / Dubailand Rental Market:

• Studio annual rent: AED 35,000–50,000
• 1BR annual rent: AED 50,000–70,000
• 2BR annual rent: AED 70,000–95,000
• Private pool unit premium: AED 8,000–15,000 additional rent per year

Gross Yields at Studio Pricing (AED 499,000–600,000):

• AED 35,000–50,000 annual rent = 5.8–10% gross yield — strong for the Dubailand market

Freehold: yes. UAE residency visa eligible at AED 750,000+ investment (covers 1BR and above). No income tax, no capital gains tax. Q4 2026 handover — near-term delivery with clear income timeline.

Why Lazord Stands Out in Majan

1. Private Balcony Pools in Majan: No other completed or under-construction tower in Majan offers private pools on individual unit balconies. The scarcity of this feature in the district creates a genuine first-mover advantage for Lazord's private pool unit investors.
2. Smart Home as Standard: Smart home technology as a baseline across all 304 units (not just premium configurations) positions Lazord ahead of 95% of Majan's existing residential stock in terms of technology integration.
3. Boutique 304-Unit Scale: Competing towers in Majan range from 200 to 500+ units. At 304, Lazord achieves the scale for a meaningful amenity deck while maintaining the exclusivity and management quality of a boutique building.
4. Steam Room + Sauna: The inclusion of wellness suite amenities beyond a standard pool/gym differentiates Lazord significantly from Majan's value-tier residential buildings that typically offer only basic amenity packages.

Summary

Lazord by LAPIS, Majan, Dubailand, Dubai — Lapis Properties, 12 floors, 304 units (studios from 382 sqft from AED 499K, 1BR, 2BR to 1,119 sqft), select units with private balcony pools. Q4 2026. Payment: 20/54/10/16 post-completion. Gym, steam room, sauna, shared pool, children's play area, smart home tech in all units. 5–8 min to Global Village, 10 min to IMG Worlds, 10 min to DSO. Freehold. Gross yields 5.8–10%. Majan's most premium boutique apartment tower with the district's only private balcony pool offering.