Azure by Lapis at RAK Central – Waterfront Living & High ROI

Lapis Properties
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Starting Price

750,000

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Property Type

1-2 BR Apartments

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Payment Plan

60/40

Azure by Lapis is a premier high-rise residential project developed by Lapis Properties, a developer with over 12 years of excellence in the UAE. located in the heart of RAK Central, Ras Al Khaimah’s flagship mixed-use business and lifestyle hub, Azure is crafted to offer “luxury meets affordability.” The tower rises 40 floors above a podium level, showcasing a boutique collection of studios, 1, 2, and 3-bedroom apartments, as well as exclusive duplexes and penthouses. Every particular unit is thoughtfully oriented to maximize panoramic views of the Arabian Gulf, Al Marjan Island, plus the lush fairways of the nearby Al Hamra Golf Club.

The development serves as a gateway to the future of Ras Al Khaimah, combining sustainable urban design with a resort-style residential experience. Inside, the homes showcase high-end semi-furnished finishes, German kitchen appliances, and smart-home provisions. With its strategic location opposite Al Hamra Mall and just 3 minutes from the upcoming Wynn Al Marjan Island casino, Azure is located as one of the most lucrative off-plan investment opportunities in the Northern Emirates, providing a unique post-handover payment plan that extends well beyond completion in late 2028.

 

Property Details

Feature Details
Developer Lapis Properties
Location RAK Central (Opposite Al Hamra), Ras Al Khaimah
Property Type Luxury Apartments, Duplexes, & Penthouses
Starting Price AED 750,000
Government Fee 4% Title Deed Fee
Unit Status Under Construction / Off-Plan
Ownership Freehold for all Nationalities
Estimated Completion October – December 2028 (Q4 2028)
Views Uninterrupted Sea Views, Golf Course, & Island Skyline

Location & Connectivity

Azure by Lapis is positioned in RAK Central, the emerging commercial core of the emirate:

  • 03 mins – Al Hamra Mall & Al Hamra Golf Club
  • 03 mins – Wynn Al Marjan Island (Integrated Resort & Casino)
  • 06 mins – Al Hamra Marina & Yacht Club
  • 10 mins – Al Marjan Island Beachfront
  • 25 mins – Ras Al Khaimah International Airport (RKT)
  • 45 mins – Dubai International Airport (DXB)

Why Invest in Azure by Lapis

  • Strategic “Wynn” Proximity: Being just 3 minutes from the UAE’s first gaming resort guarantees high short-term rental demand and appreciation.
  • RAK Central Advantage: As the newest commercial hub, RAK Central is attracting multinational firms, providing a stable pool of professional long-term tenants.
  • Post-Handover Ease: The 25% post-handover plan allows investors to cover a significant portion of the cost using the rental income generated after 2028.
  • Competitive Price per Sq. Ft.: Azure offers luxury finishes and resort amenities at a lower entry price compared to direct Al Marjan Island beachfront towers.
  • Golden Visa Gateway: Most 1-bedroom and larger units qualify for the 10-year UAE Golden Visa, securing residency for the investor and family.

End Description

Features

Card Down payment: 20%

Card During Construction: 44%

Card On Completion: 36%

Location

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Floor Plan Tab

For: 1-Bedroom Apartment
Starting Price: Call Us
Average Area: 1,133 Sq. Ft.

For: 2-Bedroom Apartment
Starting Price: Call Us
Average Area: 1,537 Sq. Ft

For: 3-Bedroom Apartment
Starting Price: Call Us
Average Area: 2,150 Sq. Ft

Gallery:

Floor Plan

Features & Amenities

Awesome Image BBQ Stations
Awesome Image Yoga Garden
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Awesome Image Padel Courts
Awesome Image Calm Palm Garden
Awesome Image Q1: Is Azure by Lapis a freehold property?
Awesome Image Q2: What is included in the semi-furnished handover?
Awesome Image Q3: Are pets allowed in the building?

Payment Plan:

Down Payment

During Construction

On Completion

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Starting Price

750,000

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Property Type

1-2 BR Apartments

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Payment Plan

60/40

Frequently Asked Questions:

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