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Studio · 357 sqftLazord by LAPIS, Majan · 1st floor

118, Lazord by LAPIS

Sold prices and rental history: sold once, by the developer in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 8 April 2025
Last soldAED 693K8 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Lazord by LAPIS

What is 118 worth today?

Last sold for AED 693,362 in 2025

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8 Apr 2025Sold by developerOff-plan
AED 693,362AED 1,943 per sqft

Source: Dubai Land Department. Updated 8 April 2025.

Key facts

Type
Studio apartment
Size
357 sqft
Floor
1st of 12
Parking
1
Last sold
AED 693K · April 2025
Building
Lazord by LAPIS

About 118, Lazord by LAPIS

118 is a studio of 357 sqft on the 1st floor of Lazord by LAPIS, a 12-storey tower in Majan. The developer sold it on 8 April 2025 for AED 693,362, or AED 1,943 per sqft, 15% above the AED 1,689 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Studios in Lazord by LAPIS, and where 118 sits

All 72 studios →

118 last sold in April 2025 at AED 1,943 per sqft, 15% above what studios in Lazord by LAPIS were fetching at the time (AED 1,689). Over the last 12 months studios sold for AED 475,000 to 532,098, around AED 1,438 per sqft.

Recent studio salesUnit no.Price (AED)Summary
16 Jul 2025570,000
10 Jul 2025628,500
7 Jul 2025712,287
2 Jul 2025689,363
4 studio sales in the last 12 months

Lazord by LAPIS

Building

195 apartments, studios to 2-bed over 12 floors in Majan. 4 sold in the last 12 months.

Typical price per sqft
AED 1,438
Typical sale
AED 521K
Typical rent
Few contracts
Typical yield
Lazord by LAPIS, Majan: prices, sales and rents →

Other units on the 1st floor

All 195 units in Lazord by LAPIS
Value
1011-bedAED 1.16M · Jul 2025
102StudioAED 712K · Jul 2025
103StudioAED 712K · May 2025
1052-bedAED 1.31M · May 2025
1062-bedAED 1.25M · May 2025
1071-bedAED 946K · May 2025
1081-bedAED 873K · Jan 2025
1–7 of 13

118, Lazord by LAPIS in numbers

  • Sold once: by the developer on 8 April 2025 for AED 693,362, or AED 1,943 per sqft.
  • Studios in Lazord by LAPIS sold for AED 475,000–532,098 in the 12 months to November 2026; the building's median across all types is AED 1,438 per sqft.

Source: Dubai Land Department. Updated 8 April 2025.

Questions about 118, Lazord by LAPIS

What did unit 118 last sell for?

AED 693,362 on 8 April 2025, sold by the developer: AED 1,943 per sqft for 357 sqft. It is the only registered sale of the unit.

How big is unit 118?

357 sqft (33.2 sqm): a studio on the 1st floor of a 12-storey tower.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lazord by LAPIS sold for AED 475,000 to 532,098 in the last 12 months, around AED 1,438 per sqft.

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Mortgage on 118, Lazord by LAPIS

Starts from the last sale price (AED 693K, 8 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 693,362
Deposit, UAE resident (20%)
AED 138,672
Deposit, non-resident (40%)
AED 277,345
Monthly over 25 years at 3.7%
AED 2,837

Plus AED 34,131 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →