RESORT STYLR LIVING| HIGH ROI | PRIME LOCATION

Type

Apartment

Purpose

Sale

Furnishing

Unfurnished

Updated

24th May 2026

Completion Status

Off-Plan

Payment Plan

75/25

Handover

Q4 2028

Developer

LAPIS DEVELOPER

Project Name

Azure by Lapis

Azure by Lapis is a luxury 40-storey residential development by Lapis Properties located in RAK Central, Ras Al Khaimah, near Al Marjan Island. This off-plan project is designed for "resort-style living" with panoramic views of the Arabian Gulf and the upcoming Wynn Resort & Casino.

Project Overview

-Location: RAK Central, Ras Al Khaimah (opposite Al Hamra Village).
-Property Types: Studios, 1–3 bedroom apartments, penthouses, and sky villas.
-Price Range: Starting from approximately AED 750,000 for studios up to AED 9.5 million for sky villas.
-Handover Date: Expected in Q4 2028.
-Payment Plan: Typically a 75/25 structure, with 75% during construction and 25% payable over 2 years post-handover.

Key Features & Amenities

The development emphasizes wellness and coastal leisure with over 20 world-class amenities:
-Waterfront Living: Infinity pools with sea vistas, private beach access, and a rooftop leisure deck.
-Wellness: Indoor and outdoor gyms, spa and sauna facilities, and a yoga deck.
-Social & Leisure: Sky gardens, an outdoor cinema, BBQ and fire pit areas, and a residents' clubhouse.
-Family-Friendly: Dedicated kids' pools, outdoor play areas, and landscaped parks.

Investment Potential

-High ROI: Projected annual ROI of up to 9%, driven by the growth of Al Marjan Island as a tourism hub.
-Residency: Property purchases may qualify buyers for a 2-year residency visa (starting from AED 750k) or a 10-year Golden Visa (for properties over AED 2M).
-Strategic Proximity: Located 1 minute from Al Hamra Mall, 5 minutes from Al Hamra Golf Course, and roughly 45–60 minutes from Dubai International Airport.

Invest in Your Dream Home Today! 📞 Call now to check availability and book your unit!

Posted on: 10th March 2026