Studio · 354 sqftLazord by LAPIS, Majan · 4th floor

407, Lazord by LAPIS

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

Unit 407 · DLD and Ejari recordsUpdated 20 August 2025
Last soldAED 535K20 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Lazord by LAPIS

What is 407 worth today?

Last sold for AED 535,000 in 2025

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20 Aug 2025Sold by developerOff-plan
AED 535,000AED 1,510 per sqft

Source: Dubai Land Department. Updated 20 August 2025.

Key facts

Type
Studio apartment
Size
354 sqft
Floor
4th of 12
Parking
1
Last sold
AED 535K · August 2025

About 407, Lazord by LAPIS

407 is a studio of 354 sqft on the 4th floor of Lazord by LAPIS, a 12-storey tower in Majan. The developer sold it on 20 August 2025 for AED 535,000, or AED 1,510 per sqft, 9% below the AED 1,668 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Lazord by LAPIS
550K600K202520262027Typical sale price by year: 2025 AED 630,000; 2026 AED 570,000Sold by developer, August 2025: AED 535,000 (AED 1,510 per sqft)

407 has sold once; the dashed line is the studio median of each year in the building.

Studios in Lazord by LAPIS, and where 407 sits

All 145 studios →

407 last sold in August 2025 at AED 1,510 per sqft, 9% below what studios in Lazord by LAPIS were fetching at the time (AED 1,668). Over the last 12 months studios sold for AED 475,000 to 756,616, around AED 1,480 per sqft.

Recent studio salesUnit no.Price (AED)Summary
2 Nov 2026696,360
2 Nov 2026699,688
29 Oct 2026696,360
8 Oct 2026680,000
31 studio sales in the last 12 months

Lazord by LAPIS

Building

249 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
Lazord by LAPIS, Majan: prices, sales and rents →

Other units on the 4th floor

All 249 units in Lazord by LAPIS
Value
402StudioAED 645K · Feb 2025
403StudioAED 645K · Mar 2025
4041-bedAED 945K · Jan 2025
405StudioAED 478K · May 2026
406StudioAED 570K · Jul 2025
408StudioAED 635K · Feb 2025
4101-bedAED 1.22M · May 2026
1–7 of 25

407, Lazord by LAPIS in numbers

  • Sold once: by the developer on 20 August 2025 for AED 535,000, or AED 1,510 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 20 August 2025.

Questions about 407, Lazord by LAPIS

What did unit 407 last sell for?

AED 535,000 on 20 August 2025, sold by the developer: AED 1,510 per sqft for 354 sqft. It is the only registered sale of the unit.

How big is unit 407?

354 sqft (32.9 sqm): a studio on the 4th floor of a 12-storey tower.

What is unit 407 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 407, Lazord by LAPIS

Starts from the last sale price (AED 535K, 20 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →