Studio · 367 sqftLazord by LAPIS, Majan · 5th floor

508, Lazord by LAPIS

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

Unit 508 · DLD and Ejari recordsUpdated 19 February 2025
Last soldAED 640K19 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Lazord by LAPIS

What is 508 worth today?

Last sold for AED 639,587 in 2025

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19 Feb 2025Sold by developerOff-plan
AED 639,587AED 1,740 per sqft

Source: Dubai Land Department. Updated 19 February 2025.

Key facts

Type
Studio apartment
Size
367 sqft
Floor
5th of 12
Parking
1
Last sold
AED 640K · February 2025

About 508, Lazord by LAPIS

508 is a studio of 367 sqft on the 5th floor of Lazord by LAPIS, a 12-storey tower in Majan. The developer sold it on 19 February 2025 for AED 639,587, or AED 1,740 per sqft, 7% above the AED 1,625 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical studio in Lazord by LAPIS
600K650K202520262027Typical sale price by year: 2025 AED 630,000; 2026 AED 570,000Sold by developer, February 2025: AED 639,587 (AED 1,740 per sqft)

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

Studios in Lazord by LAPIS, and where 508 sits

All 145 studios →

508 last sold in February 2025 at AED 1,740 per sqft, 7% above what studios in Lazord by LAPIS were fetching at the time (AED 1,625). 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 5th floor

All 249 units in Lazord by LAPIS
Value
5011-bedAED 1.06M · Oct 2026
502StudioAED 683K · Mar 2025
503StudioAED 676K · Apr 2025
5041-bedAED 820K · Feb 2025
505StudioAED 506K · May 2026
506StudioAED 510K · Aug 2025
507StudioAED 474K · Sep 2025
1–7 of 26

508, Lazord by LAPIS in numbers

  • Sold once: by the developer on 19 February 2025 for AED 639,587, or AED 1,740 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 19 February 2025.

Questions about 508, Lazord by LAPIS

What did unit 508 last sell for?

AED 639,587 on 19 February 2025, sold by the developer: AED 1,740 per sqft for 367 sqft. It is the only registered sale of the unit.

How big is unit 508?

367 sqft (34.1 sqm): a studio on the 5th floor of a 12-storey tower.

What is unit 508 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 508, Lazord by LAPIS

Starts from the last sale price (AED 640K, 19 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 639,587
Deposit, UAE resident (20%)
AED 127,917
Deposit, non-resident (40%)
AED 255,835
Monthly over 25 years at 3.7%
AED 2,617

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