Market bulletin · Thu, 22 Oct 2026
Lazord by LAPIS: 4 sales worth AED 4.30M in 30 days
Lazord by LAPIS recorded 4 sales worth AED 4.30M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 1 the week before.
The median sale over the last three months was AED 765K, or AED 1,420/sqft. Monthly medians over the past year ranged from AED 1,362/sqft to AED 1,672/sqft.
By market over 12 months: developer off-plan sales 98%, off-plan resales 2%.
In Majan, Lazord by LAPIS ranked #11 of 11 leading projects by 12-month sales value; it is developed by LAPIS Properties. Its first registered sale was on 23 January 2025.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | AED 1,463 |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 1,362 |
| Dec 25 | AED 1,649 |
| Nov 25 | AED 1,467 |
| Oct 25 | AED 1,672 |
| Sept 25 | AED 1,571 |
| Aug 25 | AED 1,450 |
| Jul 25 | AED 1,498 |
| Jun 25 | AED 1,346 |
| May 25 | AED 1,415 |
| Apr 25 | AED 1,598 |
| Mar 25 | AED 1,616 |
| Feb 25 | AED 1,625 |
| Jan 25 | AED 1,348 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 3 | 0 | 0 |
| Sept 26 | 2 | 0 | 0 |
| Aug 26 | 1 | 0 | 0 |
| Jul 26 | 1 | 0 | 0 |
| Jun 26 | 3 | 1 | 0 |
| May 26 | 12 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 4 | 0 | 0 |
| Jan 26 | 5 | 0 | 0 |
| Dec 25 | 10 | 0 | 0 |
| Nov 25 | 6 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 4 | up 100.0% | AED 4.30M | — | — |
| Last 3 months | 6 | down 64.7% | AED 5.52M | 1,420 | down 2.8% |
| Last 6 months | 23 | down 11.5% | AED 22.6M | 1,461 | down 3.9% |
| Last 12 months | 49 | down 73.2% | AED 43.8M | 1,466 | down 3.2% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 48 | 98% | AED 685K | 1,463 | down 3.4% |
| Off-plan resale | 1 | 2% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 29 | 59% | AED 580K | 1,480 | down 10.4% |
| 1 bedroom | 8 | 16% | AED 1.12M | 1,532 | up 7.3% |
| 2 bedrooms | 12 | 24% | AED 1.47M | 1,364 | up 0.7% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 49 | 100% | AED 690K | 1,466 | down 3.2% |
Competing projects in Majan
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti VintageBinghatti | 1,395 | 1,603 | down 14.2% |
| Binghatti TitaniaBinghatti | 640 | 1,608 | down 0.4% |
| Binghatti Skyflame 1Binghatti | 563 | 1,399 | up 0.8% |
| Taormina Village 1Reportage Real Estate | 129 | 1,203 | up 0.3% |
| Samana Barari HeightsSamana Developers | 279 | 1,822 | unchanged 0.0% |
| Binghatti Skyflame 2Binghatti | 288 | 1,405 | up 0.9% |
| Vincitore Wellness Estate Tower AVincitore Real Estate Development | 88 | 1,758 | up 2.1% |
| Forest City TowerAl Helal Al Zahaby Real Estate Development | 78 | 1,206 | — |
| Divine Al BarariTakmeel Real Estate Development | 83 | 1,381 | — |
| Bararigate by ADEA D E Properties | 93 | 1,604 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.52M | 2 BR Apartment · 1,112 sqftLazord by LAPIS · Majan | 8 Oct |
| AED 1.25M | 2 BR Apartment · 1,116 sqftLazord by LAPIS · Majan | 9 Oct |
| AED 850K | 1 BR Apartment · 799 sqftLazord by LAPIS · Majan | 25 Sept |
| AED 680K | Studio Apartment · 357 sqftLazord by LAPIS · Majan | 8 Oct |
| AED 679K | Studio Apartment · 357 sqftLazord by LAPIS · Majan | 31 Aug |
| AED 545K | Studio Apartment · 370 sqftLazord by LAPIS · Majan | 4 Sept |
Questions about Lazord by LAPIS
What is the average price per sqft in Lazord by LAPIS?
The median sale price in Lazord by LAPIS over the last three months was AED 1,420 per sqft (median sale AED 765K), based on 6 sales registered with Dubai Land Department.
How many properties were sold in Lazord by LAPIS in the last year?
49 sales worth AED 43.8M were registered in the last 12 months: 98% developer off-plan, 2% off-plan resales and 0% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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