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.
Property timeline for 118, Lazord by LAPIS
What is 118 worth today?
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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 1,687 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 118 over time
118 has sold once; the dashed line is the studio median of each year in the building.
Studios in Lazord by LAPIS, and where 118 sits
All 145 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 1,687). Over the last 12 months studios sold for AED 475,000 to 756,616, around AED 1,480 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 397 sqft | 696,360 | 1,754 | ||
| 2 Nov 20262 November 2026 | 357 sqft | 699,688 | 1,959 | ||
| 29 Oct 202629 October 2026 | 397 sqft | 696,360 | 1,754 | ||
| 8 Oct 20268 October 2026 | 357 sqft | 680,000 | 1,906 |
Lazord by LAPIS
Building249 apartments, studios to 2-bed over 12 floors in Majan. 57 sold in the last 12 months.
- Typical price per sqft
- AED 1,460 Down 3.4%
- Typical sale
- AED 727K
- Typical rent
- Few contracts
- Typical yield
Other units on the 1st floor
All 249 units in Lazord by LAPIS| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 728 sqft | AED 1.16MAED 1,159,752 · Jul 2025July 2025 | ||
| 102 | Studio | 397 sqft | AED 712KAED 712,287 · Jul 2025July 2025 | ||
| 103 | Studio | 397 sqft | AED 712KAED 712,287 · May 2025May 2025 | ||
| 105 | 2-bed | 1,250 sqft | AED 1.31MAED 1,311,492 · May 2025May 2025 | ||
| 106 | 2-bed | 1,055 sqft | AED 1.25MAED 1,253,364 · May 2025May 2025 | ||
| 107 | 1-bed | 666 sqft | AED 946KAED 946,350 · May 2025May 2025 | ||
| 108 | 1-bed | 660 sqft | AED 873KAED 872,745 · Jan 2025January 2025 | ||
| 110 | 1-bed | 672 sqft | AED 920KAED 920,062 · Mar 2025March 2025 | ||
| 111 | 2-bed | 944 sqft | AED 1.09MAED 1,093,050 · Jun 2025June 2025 | ||
| 112 | 2-bed | 1,112 sqft | AED 1.51MAED 1,513,260 · Dec 2025December 2025 | ||
| 113 | Studio | 383 sqft | AED 623KAED 622,710 · Feb 2025February 2025 | ||
| 114 | Studio | 390 sqft | AED 646KAED 645,932 · Mar 2025March 2025 | ||
| 115 | Studio | 535 sqft | AED 665KAED 665,408 · Sep 2025September 2025 | ||
| 117 | Studio | 356 sqft | AED 707KAED 706,515 · Apr 2025April 2025 |
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 475,000–756,616 in the 12 months to November 2026; the building's median across all types is AED 1,460 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 756,616 in the last 12 months, around AED 1,480 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →