Azure by Lapis

RAK Central, Ras Al Khaimah · by Lapis

Starting priceAED 1,200,000

Key Project Information

Official Project Name
Azure by Lapis
Location
RAK Central, Ras Al Khaimah
Developer
Lapis
Property Type
Residential
Residential Units
435
Building Configuration
B2+G+3P+40+3R
Residence Types
Studio, Premium Studio, 1 Bed, 2 Bed, 3 Bed, 3 Bed Sky-Villa
Furnishing
Unfurnished
Beach Access
No
Standard Payment Plan
75 / 2575 / 25
Handover
Q4 2028
Short-term Rental
Allowed
Est. Service Charges
AED 18 / sq ft / yr
Resale
30%
Pets Allowed
Yes

About

Azure by Lapis in RAK Central Azure by Lapis is a high-rise residential development in RAK Central, Ras Al Khaimah, designed around modern apartment living, elevated views and a broad collection of indoor and outdoor lifestyle amenities. For buyers searching for Azure by…

About

Azure by Lapis in RAK Central

Azure by Lapis is a high-rise residential development in RAK Central, Ras Al Khaimah, designed around modern apartment living, elevated views and a broad collection of indoor and outdoor lifestyle amenities.

For buyers searching for Azure by Lapis, Azure Lapis or apartments for sale in Azure by Lapis, the project offers studios, one, two and three-bedroom apartments together with a limited collection of larger Sky Villas.

The tower rises within RAK Central, placing residents close to Ras Al Khaimah's emerging business, retail and lifestyle district while remaining within easy reach of Al Marjan Island and the emirate's main leisure destinations.

Azure by Lapis Ras Al Khaimah

Azure by Lapis is positioned in RAK Central, giving residents access to a more urban setting than the resort-led communities on Al Marjan Island while still remaining close to the coast and major tourism destinations.

Residences and Floor Plans

The residential collection ranges from compact studios to large three-bedroom Sky Villas. Current Azure by Lapis floor plan sizes and price ranges in the unit table are taken from the latest internal availability workbook.

Standard studios are sold out from the developer. Available premium studios start from AED 1,200,000; larger apartment categories and Sky Villas offer further layouts and price ranges.

Azure Amenities

Confirmed brochure amenities include a grand lobby, kids play area, outdoor gym, outdoor pool area, rooftop pool and terrace, volleyball court, kids pool, jogging area and landscaped water features.

Azure by Lapis Payment Plan and Completion

The current Azure by Lapis payment plan includes a post-handover component. Because developer schedules can change by release, the exact instalment dates and percentages should be confirmed against the current sales offer for the selected residence.

The current RAKcompare completion target is Q4 2028.

Developed by Lapis Properties

Azure is developed by Lapis Properties, a developer with projects across the Middle East and Turkey and a focus on residential and mixed-use development.

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Ask about current availability, floorplans, prices and payment plans for this project.

Market Prices by Area

Compare property prices and payment plans across Al Marjan Island, Marjan Beach, Al Hamra and RAK Central.

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Residences & availability

Prices & Floorplans

Floorplans
UnitsPrice rangeSize rangesq ftAvg. price/ sq ftFloorplansCheck AvailabilityPayment plan
StudioAED 800K to AED 850K380 – 420AED 2,065SOLDPayment Plan75 / 25i
Premium StudioPayment plan: 75 / 25AED 1.2M to AED 1.42M525 – 575AED 2,372Payment Plan75 / 25i
1 BedPayment plan: 75 / 25AED 1.45M to AED 1.8M690 – 850AED 2,110Payment Plan75 / 25i
2 BedPayment plan: 75 / 25AED 1.95M to AED 3.15M1,080 – 1,200AED 2,215Payment Plan75 / 25i
3 BedPayment plan: 75 / 25AED 4.65M to AED 4.89M2,600 – 2,700AED 1,800Payment Plan75 / 25i
3 Bed Sky-VillaPayment plan: 75 / 25AED 12.4M to AED 12.6M5,780AED 2,163Payment Plan75 / 25i
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Get the latest prices, floor plans and developer incentives.

Azure by Lapis Payment Plan and Cost

Illustrative example · 75% by handover + 25% over 3 years · Based on an average unit price of AED 1,310,000

Premium Studio
Starting PriceAED 1,200,000
Illustrative Average PriceAED 1,310,000
iInstalments and fees below use this amount, not the starting price.
Land Dept. Fee · 4%AED 52,400
Admin feeAED 5,000
Total purchase costAED 1,370,000

The October 30/70 offer has a separate promotional price list. Figures below are illustrative using the selected unit price and do not imply the same price applies to both plans.

Payment schedule
Down payment2026
20%AED 262K
During construction2026–2028
43%AED 563K
On handoverQ4 2028
12%AED 157K
Post-handover year 12029
12%AED 157K
Post-handover year 22030
12%AED 157K
Post-handover year 32031
1%AED 13K
20%AED 262K
Down payment2026
43%AED 563K
During construction2026–2028
12%AED 157K
On handoverQ4 2028
12%AED 157K
Post-handover year 12029
12%AED 157K
Post-handover year 22030
1%AED 13K
Post-handover year 32031
Annual service charge: AED 9,900Illustrative figuresFees shown separately from instalment amounts

Trade-offs to know

  • 25% is paid after handover, so less cash is tied up before you receive the keys.
  • 63% is due before handover: a heavier cash commitment during construction.
  • Loose furniture is not confirmed: budget for furniture before renting it out.
  • Short-term (holiday home) rental is allowed.
  • Resale allowed once 30% has been paid.

Amenities

Facilities listed in the project record.

Wellness & Leisure

Outdoor Gym
Outdoor Pool Area
Rooftop Pool & Terrace
Kids Pool

Family & Recreation

Kids Play Area
Volleyball Court

Lifestyle & Convenience

Grand Lobby
Jogging Area
Water Features

Project Media

project video and brochure in one place.

Your location at a glance

Key destinations within easy reach.

Al Hamra Mall3 mins
Al Hamra Golf Club3 mins
Drive to Wynn17 mins
Road distance to Wynn12.4 km

RAKcompare score

Overall score20.5/24
Location3/3
Views2/3
Beach access2/3
Amenities2/3
Payment plan3/3
Value per sq ft3/3
Developer track record2.5/3
Construction progress3/3

RAKcompare score out of 3, based on our advisors' assessment.

Buyer questions answered

Azure by Lapis FAQs

Key answers on pricing, ownership, payment plans, resale and availability.

Where is Azure by Lapis located?

Azure by Lapis is located in RAK Central, Ras Al Khaimah, close to Al Marjan Island and Al Hamra Village. The location provides convenient access to retail, golf, beaches, restaurants and the marina.

How close is Azure by Lapis to Al Marjan Island and Wynn?

Azure is approximately five minutes by car from Al Marjan Island. Wynn Al Marjan Island is approximately three to five minutes away, depending on traffic and the final RAK Central road network.

Who is the developer of Azure by Lapis?

Azure is developed by Lapis Properties, also known as Lapis Real Estate FZ-LLC. The developer has approximately 20 years of experience across the Middle East and Turkey.

What apartments are available for sale at Azure by Lapis?

The October 2026 inventory lists studio and premium studio apartments, 1-bedroom and 2-bedroom residences. Other layouts may be offered separately. Availability varies by unit, view and payment plan.

Are Azure by Lapis apartments furnished?

The furnished specification depends on the selected unit and final sales offer. Loose furniture is not confirmed in the supplied October quotations. Request the itemised handover specification for the exact unit.

Are direct developer units still available at Azure by Lapis?

Direct developer availability changes by unit type, floor, layout and view. Buyers should request the latest inventory before reserving, as certain units may only be available through resale.

Is Azure by Lapis a freehold property?

Yes. Azure by Lapis is a freehold residential project in RAK Central. International buyers should confirm the ownership and registration requirements applicable to their purchase.

What is the payment plan for Azure by Lapis?

Azure by Lapis offers two plans. The default is 75/25: 75% by handover and 25% afterward, with detailed instalments shown in the unit quotation. The alternative October plan is 30/70: 30% during construction and 70% on handover. The October 30/70 promotional prices are a separate price basis. Select a plan in Payment Plan & Cash Flow to see its schedule.

Does Azure by Lapis have a post-handover payment plan?

Azure by Lapis offers two plans. The default is 75/25: 75% by handover and 25% afterward, with detailed instalments shown in the unit quotation. The alternative October plan is 30/70: 30% during construction and 70% on handover. The October 30/70 promotional prices are a separate price basis. Select a plan in Payment Plan & Cash Flow to see its schedule.

What is the expected service charge at Azure by Lapis?

The indicative annual service charge is approximately AED 18 per sq. ft. The final amount will be confirmed closer to handover.

Are short-term rentals allowed at Azure by Lapis?

Yes. Short-term rentals are permitted, subject to Ras Al Khaimah licensing requirements and the building management rules in effect after completion.

When can I resell my Azure by Lapis property?

Resale is stated to be permitted after 30% of the purchase price has been paid. Developer approval, an NOC, applicable charges and the sale and purchase agreement conditions will apply.

Is Azure by Lapis pet friendly?

Yes. Azure is planned as a pet-friendly development. Owners should confirm the final building rules, permitted animals and access restrictions before moving in or renting the property.

Does Azure by Lapis have beach access?

The project is approximately five minutes from nearby beach access. Developer materials also refer to private beaches among the wider lifestyle offering, but buyers should confirm whether access is direct, off-site or subject to membership conditions.

What amenities does Azure by Lapis offer?

Planned amenities include an elevated pool deck, outdoor fitness center, children’s pool, play area, volleyball court, landscaped parks, jogging and cycling paths, retail outlets, restaurants and a double-height lobby.

When is Azure by Lapis expected to be completed?

Azure by Lapis is expected to be completed in Q4 2028. Buyers should rely on the completion provisions and payment dates in their signed sale and purchase agreement.

How many residences are in Azure by Lapis?

Azure by Lapis includes 435 residences across studios, one, two and three-bedroom apartments, penthouses and duplex sky villas.

Is Azure by Lapis a good investment in RAK Central?

Azure may suit buyers seeking freehold property in RAK Central with semi-furnished delivery, short-term rental flexibility and 25% payable after handover. Returns are not guaranteed and will depend on the purchase price, unit, service charges, rental demand and competing supply.

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