1-Bedroom Off-Plan Distress Apartment at Lazord by Lapis, Majan

Property Overview

This is an off-plan one-bedroom apartment at Lazord by Lapis, a Lapis Properties development in Majan, Dubailand, directly across from Al Barari. With a stated size of approximately 807 sq ft, it is offered at AED 950,000, which works out to about AED 1,177 per sq ft. The seller markets it as a distress resale priced below their original purchase price.

Property Highlights

• Off-plan one-bedroom resale at Lazord by Lapis, Majan
• Approximately 807 sq ft
• Agent-stated private swimming pool and open views toward Al Barari
• Boutique smart-home residence across from Al Barari
• Asking price of AED 950,000 (approximately AED 1,177 per sq ft)

Deal Classification and Pricing

This listing is classified Below OP because the seller states an original purchase price higher than the current asking price. The seller's stated original purchase price is AED 1,853,685, which against the AED 950,000 asking price would imply a reduction of about AED 903,685, or 48.8%.

DPF flags this original purchase price for verification. It implies roughly AED 2,297 per sq ft, which is well above the pricing for Lazord by Lapis, a Majan project marketed from around AED 499,000 with unit sizes of 382 to 1,119 sq ft. Because the stated original price appears inconsistent with the project's actual pricing, the discount figure is likely based on an incorrect original price and should not be relied upon until confirmed against the signed SPA and Dubai Land Department records. The original purchase date was not supplied.

About the Project, Developer and Location

Lazord by Lapis is a boutique off-plan residential tower by Lapis Properties in Majan, Dubailand, comprising around 304 studio, one and two-bedroom apartments, with a number of units offering private balcony pools and smart-home technology. Amenities include a leisure pool and pool deck, a jacuzzi, sauna and steam room, indoor and outdoor gyms, an outdoor cinema, BBQ areas, landscaped gardens and concierge and valet services. The project sits across from Al Barari, with access to Sheikh Mohammed Bin Zayed Road and connections to Downtown Dubai and Dubai International Airport. Public sources indicate a handover around Q4 2026, while the agent states approximately eight months; the current timeline should be confirmed with the developer.

Layout, Pool and View

The brief describes a one-bedroom apartment of approximately 807 sq ft. The agent states it includes a private swimming pool and open views toward Al Barari; these are agent-supplied and should be confirmed on the unit's floor plan and SPA. Bathroom count, parking, floor, furnishing and the exact view were not confirmed in the brief. To keep this listing accurate, no unit-specific details beyond those supplied have been added.

Payment Plan and Handover

This is an off-plan resale, so the buyer takes over the seller's position in the project subject to the developer's transfer process and the signed SPA. The amount paid to date, outstanding balance, developer transfer fees and the exact handover date were not supplied and must be confirmed with the seller and developer.

Location and Connectivity

Majan is a growing community in Dubailand, next to Al Barari and connected via Sheikh Mohammed Bin Zayed Road. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.

Verification Notes

• Agent-supplied facts: apartment type, one bedroom, approximately 807 sq ft, off-plan status, AED 950,000 asking price and the stated AED 1,853,685 original purchase price, plus an agent-stated private pool and Al Barari view.
• Data anomaly: the stated original purchase price is far above the project's actual pricing and is flagged for verification; the 48.8% figure is computed from supplied numbers but is unverified and likely based on an incorrect original price.
• Calculated by DPF: an indicative AED 1,177 per sq ft from the asking price and stated size.
• Researched project facts: developer (Lapis Properties), Majan/Al Barari location, amenities and the approximate Q4 2026 handover were taken from developer/market sources because the developer was not supplied.
• The agent's marketing description is preserved as an attributed claim and is not presented as DPF-verified fact.