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2-bed · 948 sqftLazord by LAPIS, Majan · 5th floor

516, Lazord by LAPIS

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

Unit 516 · DLD and Ejari recordsUpdated 21 January 2025
Last soldAED 1.1M21 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Lazord by LAPIS

What is 516 worth today?

Last sold for AED 1,100,000 in 2025

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21 Jan 2025Sold by developerOff-plan
AED 1,100,000AED 1,159 per sqft

Source: Dubai Land Department. Updated 21 January 2025.

Key facts

Type
2-bed apartment
Size
948 sqft
Floor
5th of 12
Parking
1
Last sold
AED 1.1M · January 2025
Building
Lazord by LAPIS

About 516, Lazord by LAPIS

516 is a two-bedroom apartment of 948 sqft on the 5th floor of Lazord by LAPIS, a 12-storey tower in Majan. The developer sold it on 21 January 2025 for AED 1,100,000, or AED 1,159 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical two-bed in Lazord by LAPIS
1.2M1.4M202520262027Typical sale price by year: 2025 AED 1,313,832; 2026 AED 1,376,298Sold by developer, January 2025: AED 1,100,000 (AED 1,159 per sqft)

516 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Lazord by LAPIS, and where 516 sits

All 41 2-beds →

Over the last 12 months two-beds sold for AED 1,116,152 to 1,826,033, around AED 1,362 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20261,250,000
8 Oct 20261,520,000
7 Aug 20261,116,152
9 Jul 20261,293,105
13 2-bed 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

516, Lazord by LAPIS in numbers

  • Sold once: by the developer on 21 January 2025 for AED 1,100,000, or AED 1,159 per sqft.
  • Two-beds in Lazord by LAPIS sold for AED 1,116,152–1,826,033 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 21 January 2025.

Questions about 516, Lazord by LAPIS

What did unit 516 last sell for?

AED 1,100,000 on 21 January 2025, sold by the developer: AED 1,159 per sqft for 948 sqft. It is the only registered sale of the unit.

How big is unit 516?

948 sqft (88.1 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lazord by LAPIS sold for AED 1,116,152 to 1,826,033 in the last 12 months, around AED 1,362 per sqft.

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Mortgage on 516, Lazord by LAPIS

Starts from the last sale price (AED 1.1M, 21 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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