ACTIVE▲ +14.6% this week
LAZORD BY LAPIS
لازورد باي لابيس
28%complete
Planned handover2026-12-31
SourceDLD · daily
The road to keys — registry facts, our forecast
Registered start
2025-01-01
in the DLD registry
Today
27.6%
last inspected 2026-08-27
At the current pace
…
…
Planned handover
2026-12-31
developer's official date
Investor snapshot — estimated yield
5.2%estimated gross rental yield
1,412/sqft median sale price (this project)
73/sqft/yr median rent in Wadi Al Safa 3
Estimate: area-wide median rent ÷ this project’s median sale price, from Dubai Land Department records. Actual rent varies by unit, floor and finish.
How LAZORD BY LAPIS compares
Similar off-plan projects in Wadi Al Safa 3 — compare progress, handover and developer.
Mira Villas designed by Bentley HomeM I R A DEVELOPMENTS L.L.C · Wadi Al Safa 3Active100%Handover 2026-12LIVING LEGENDS PHASE 6DAWN REAL ESTATE DEVELOPMENT L.L.C · Wadi Al Safa 3Active100%Handover 2026-07High Best TowerTRUE FUTURE REAL ESTATE DEVELOPMENT L.L.C · Wadi Al Safa 3Active91%Handover 2026-11The Woodland ResidencesA M I S REAL ESTATE DEVELOPMENT L.L.C · Wadi Al Safa 3Active75%Handover 2026-04
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Watch it rise — one frame per DLD inspection
2024-07-31 · 0.0% complete
1 / 6
Building & unit mix — from DLD project records
18
Floors
313
Total units
1
Building
| Usage | Unit type | Units |
|---|---|---|
| Commercial | Unspecified | 9 |
| Residential | Studio | 164 |
| Residential | 1 B/R | 92 |
| Residential | 2 B/R | 48 |
Source: DLD project register — floors, buildings and the developer's registered unit mix.
Real sale prices — 33 registered DLD sales since 2026-01-23
AED 1,412/sqft
Median sale price
33
Registered sales
33
Sales, last 12 months
| Unit type | Sales | Median AED/sqft | Median price |
|---|---|---|---|
| Studio | 17 | 1,418 | AED 560,000 |
| 2 B/R | 9 | 1,362 | AED 1.4M |
| 1 B/R | 7 | 1,466 | AED 1.1M |
Source: DLD registered sale transactions for this project.
Prices by unit size — vs the Wadi Al Safa 3 average
| Beds | Units sold | Size range | Median price | AED/sqft | Area avg | Premium vs area |
|---|---|---|---|---|---|---|
| Studio | 17 | 356–397 sqft | AED 560,000 | 1,418 | 763 | +86% |
| 1 B/R | 7 | 660–828 sqft | AED 1.1M | 1,466 | 1,857 | -21% |
| 2 B/R | 9 | 944–1,116 sqft | AED 1.4M | 1,362 | 1,633 | -17% |
Median AED/sqft of DLD-registered sales in this project vs all sales in Wadi Al Safa 3 for the same unit type. “Premium vs area” is how much more (or less) buyers pay here than the neighbourhood average.
Sale price history — 244 sales, median AED/sqft by year
-7% median price change from 2025 to 2026 · 99% of sales were off-plan
1,5211,521 AED/sqft2025 · 211 sales
1,4151,415 AED/sqft2026 · 30 sales
20252026| Year | Median AED/sqft | Sales | Year-on-year | Since launch |
|---|---|---|---|---|
| 2025launch | 1,521 | 211 | — | — |
| 2026 | 1,415 | 30 | -7% | -7% |
Median AED/sqft of DLD-registered sales each year (years with 3+ sales); the earliest year on record approximates launch pricing. “Year-on-year” compares each year to the one before it, “since launch” to the first year. Source: Dubai Land Department transaction records.
Available layouts — check current availability & price
Layouts registered in LAZORD BY LAPIS, grouped by size. We’ll confirm current availability, floor and price with a RERA-licensed agent — we don’t hold live developer inventory, so these are representative configurations, not a live unit list.
| Beds | Size | Typical price | AED/sqft | Registered | |
|---|---|---|---|---|---|
| Studio | 357 sqft | AED 503K | 1,410 | 6 | |
| Studio | 376 sqft | AED 558K | 1,481 | 2 | |
| Studio | 397 sqft | AED 560K | 1,412 | 9 | |
| 1 B/R | 660 sqft | AED 1.2M | 1,749 | 1 | |
| 1 B/R | 728 sqft | AED 850K | 1,168 | 3 | |
| 1 B/R | 799 sqft | AED 1.2M | 1,532 | 2 | |
| 1 B/R | 828 sqft | AED 930K | 1,124 | 1 | |
| 2 B/R | 944 sqft | AED 1.3M | 1,366 | 4 | |
| 2 B/R | 1,112 sqft | AED 1.4M | 1,276 | 3 | |
| 2 B/R | 1,116 sqft | AED 1.5M | 1,347 | 2 |
Recent registered sales — individual DLD transactions, newest first
| Date | Beds | Size | Price | AED/sqft | Type |
|---|---|---|---|---|---|
| 2026-09-09 | Studio | 356 sqft | AED 487,934 | 1,370 | Off-plan |
| 2026-09-04 | Studio | 370 sqft | AED 545,000 | 1,474 | Off-plan |
| 2026-08-07 | 2 B/R | 944 sqft | AED 1.1M | 1,183 | Off-plan |
| 2026-07-15 | 1 B/R | 728 sqft | AED 850,000 | 1,168 | Off-plan |
| 2026-07-15 | Studio | 356 sqft | AED 597,500 | 1,677 | Off-plan |
| 2026-07-09 | 2 B/R | 944 sqft | AED 1.3M | 1,370 | Off-plan |
| 2026-06-24 | 1 B/R | 728 sqft | AED 850,000 | 1,168 | Off-plan |
| 2026-06-12 | Studio | 356 sqft | AED 615,000 | 1,726 | Off-plan |
| 2026-06-09 | 2 B/R | 1,112 sqft | AED 1.3M | 1,169 | Off-plan |
| 2026-06-04 | 1 B/R | 660 sqft | AED 1.2M | 1,749 | Off-plan |
| 2026-06-02 | 2 B/R | 1,116 sqft | AED 1.4M | 1,233 | Off-plan |
| 2026-05-19 | Studio | 392 sqft | AED 580,000 | 1,480 | Off-plan |
| 2026-05-13 | Studio | 397 sqft | AED 750,000 | 1,889 | Off-plan |
| 2026-05-12 | Studio | 383 sqft | AED 570,000 | 1,489 | Off-plan |
| 2026-05-11 | 1 B/R | 799 sqft | AED 1.2M | 1,530 | Off-plan |
| 2026-05-11 | 2 B/R | 1,116 sqft | AED 1.6M | 1,461 | Off-plan |
| 2026-05-07 | 1 B/R | 828 sqft | AED 930,000 | 1,124 | Off-plan |
| 2026-05-05 | Studio | 397 sqft | AED 560,000 | 1,411 | Off-plan |
| 2026-05-05 | 2 B/R | 1,112 sqft | AED 1.8M | 1,642 | Off-plan |
| 2026-05-05 | Studio | 357 sqft | AED 478,000 | 1,340 | Off-plan |
| 2026-05-05 | Studio | 357 sqft | AED 505,797 | 1,418 | Off-plan |
| 2026-05-05 | Studio | 397 sqft | AED 560,000 | 1,411 | Off-plan |
| 2026-05-01 | 1 B/R | 728 sqft | AED 1.1M | 1,466 | Off-plan |
| 2026-05-01 | 1 B/R | 799 sqft | AED 1.2M | 1,534 | Off-plan |
| 2026-02-11 | 2 B/R | 948 sqft | AED 1.6M | 1,681 | Off-plan |
| 2026-02-11 | Studio | 397 sqft | AED 613,165 | 1,545 | Off-plan |
| 2026-02-11 | 2 B/R | 1,112 sqft | AED 1.4M | 1,276 | Off-plan |
| 2026-02-04 | Studio | 389 sqft | AED 726,792 | 1,866 | Off-plan |
| 2026-01-27 | 2 B/R | 944 sqft | AED 1.3M | 1,362 | Off-plan |
| 2026-01-23 | Studio | 357 sqft | AED 500,000 | 1,402 | Off-plan |
| 2026-01-23 | Studio | 389 sqft | AED 550,000 | 1,412 | Off-plan |
| 2026-01-23 | Studio | 397 sqft | AED 525,000 | 1,323 | Off-plan |
| 2026-01-23 | Studio | 397 sqft | AED 525,000 | 1,323 | Off-plan |
Source: DLD registered sale transactions. Floor and unit numbers aren’t published in the public transaction feed, so they’re not shown.
Construction photos — official DLD inspection uploads, newest first
2026-09-0327.6% at inspection· 7 photos
2026-04-3013.1% at inspection· 4 photos
2026-02-098.0% at inspection· 5 photos
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2025-09-082.4% at inspection· 4 photos
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2025-05-080.2% at inspection· 5 photos
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2024-07-310.0% at inspection· 2 photos
Project facts
Developer
LAPIS PROPERTIES L.L.C
Area
Wadi Al Safa 3
Master project
—
Project type
Normal
Start date
2025-01-01
Planned handover
2026-12-31
Last inspection
2026-08-27
Project value
AED 123.9M
Units
313
Villas
0
Buildings
0
DLD project number
3209
Registration & escrow — verify before you pay anyone
DLD / RERA project no.
3209
Registered with DLD
2024-09-03
Regulator
Dubai Development Authority (DDA)
Escrow account no.
019000084536
Under Law 8 of 2007, off-plan payments for this project belong only in the escrow account above — a developer or agent directing your money anywhere else is a serious red flag. How escrow protects you →
Location — official site coordinates from DLD inspection records
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Wadi Al Safa 3 · See every project on the construction map →
LAZORD BY LAPIS: frequently asked questions — answers update daily from registry data
When will LAZORD BY LAPIS be handed over?
The developer's planned handover for LAZORD BY LAPIS is 2026-12-31; construction is currently 28% complete. At the observed construction pace, our independent forecast is 2027-05-10.
How far along is construction on LAZORD BY LAPIS?
LAZORD BY LAPIS is 27.6% complete according to the Dubai Land Department's inspection of 2026-08-27. Progress moved up 14.6 percentage points at the latest inspection.
Is LAZORD BY LAPIS delayed?
As of today, LAZORD BY LAPIS has not passed its planned handover date of 2026-12-31. We compare the official date against the calendar daily and record every change on this page.
Who is the developer of LAZORD BY LAPIS, and do they deliver on time?
LAZORD BY LAPIS is developed by LAPIS PROPERTIES L.L.C. On our Developer Reliability Index they score 89/100 (A — On schedule), based on how much of their active portfolio is past its planned handover in the official registry.
What are real sale prices in LAZORD BY LAPIS?
Registered DLD sales in LAZORD BY LAPIS show a median of AED 1,412/sqft across 33 transactions since 2026-01-23. These are actual registered sales, not asking prices — the full breakdown is on this page.
Where is LAZORD BY LAPIS located?
LAZORD BY LAPIS is located in Wadi Al Safa 3, Dubai. See every project in the area, plus prices and rents, on the area page.
How many homes are in LAZORD BY LAPIS?
LAZORD BY LAPIS comprises 313 units (normal), per the DLD registry.
Can I see real construction photos of LAZORD BY LAPIS?
Yes — this page carries 27 official construction photos taken during Dubai Land Department inspections, newest from 2026-09-03, plus a time-lapse of the build. These are government inspection uploads, not marketing renders.
Is my money safe if I buy in LAZORD BY LAPIS?
Payments for registered Dubai off-plan projects go into a project-specific escrow account under Law No. 8 of 2007; the developer can only draw funds against certified construction milestones.
Where should payments for LAZORD BY LAPIS go?
Only into the project's DLD-registered escrow account (no. 019000084536). Under Law 8 of 2007 every off-plan payment must go to this account, where the developer can only draw funds as construction milestones are certified. Anyone directing payments elsewhere is a serious warning sign.
How do I get alerts when something changes on LAZORD BY LAPIS?
Use the free Track this project form on this page. We check the official registry every day and email you the moment LAZORD BY LAPIS's progress, status, or planned handover date changes.
Progress history — one row per official DLD snapshot
| Snapshot date | Status | Complete | Planned handover |
|---|---|---|---|
| 2026-08-04 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-05 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-06 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-08 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-09 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-10 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-11 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-12 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-13 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-14 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-15 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-16 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-17 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-18 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-19 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-20 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-21 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-22 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-23 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-24 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-25 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-26 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-27 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-28 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-29 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-30 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-08-31 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-09-01 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-09-02 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-09-03 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-09-04 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-09-05 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-09-06 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-09-07 | ACTIVE | 13.1% | 2026-12-31 |
| 2026-09-08 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-09 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-10 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-11 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-12 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-13 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-14 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-15 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-16 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-17 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-18 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-19 | ACTIVE | 27.6% | 2026-12-31 |
| 2026-09-20 | ACTIVE | 27.6% | 2026-12-31 |
Change events
| Detected | Event | Change |
|---|---|---|
| 2026-09-08 | PROGRESS | 13.09 → 27.64 |
Don't check back — we'll tell you.Progress moves, dates slip, statuses change. One email the moment it happens.
Track LAZORD BY LAPIS