How much does Azure by Lapis cost?

Prices at Azure by Lapis start from $341,000 (about AED 1,251,977). It offers Apartments & Penthouses in Rak Central, Ras Al Khaimah, on a 100 · post-handover payment plan. Ask us for the live price list and current availability.

When does Azure by Lapis complete?

Azure by Lapis is scheduled for handover in Q4 2028. As an off-plan purchase you pay in stages tied to construction, so you lock in today's price and settle the balance as the building progresses.

Can a foreigner buy at Azure by Lapis?

Yes. Azure by Lapis sits in a designated freehold zone, so overseas buyers can own it outright with full title registered at the emirate's land department — no nationality restriction and no extra transfer tax for foreign buyers.

Does buying Azure by Lapis qualify me for residency or a visa?

Potentially. A UAE property worth at least AED 2 million (about US$545,000) qualifies for the 10-year renewable Golden Visa, and off-plan units count — so units at Azure by Lapis that reach that value can put you on the Golden Visa path.

Azure by Lapis — Rak Central, Ras Al Khaimah · from $341k

The Development

Studios to three-bedroom apartments and penthouses in RAK Central, Ras Al Khaimah, from $341,000 — beach access near Al Marjan Island, handover Q4 2028.

Azure by Lapis is a 40-storey tower of studios, one- to three-bedroom apartments and penthouses of 555 to 5,790 sq ft, with kitchen appliances included, in RAK Central — the live-work-play district on Sheikh Mohammed Bin Salem Road near Al Hamra Village and Al Marjan Island. Residents have beach access, a pool deck and lounge, landscaped park and gardens, jogging tracks and a bike path, children's play areas, volleyball and dining outlets. Priced from AED 1,251,977 on full-payment terms, handover is scheduled for Q4 2028 with service charges of AED 18 per sq ft.

◆ Beach access near Al Marjan Island
◆ Studios to 3-beds plus penthouses
◆ 555–5,790 sq ft layouts
◆ 40-storey tower in RAK Central
◆ Handover Q4 2028
◆ Service charge AED 18 per sq ft

Project Information

The facts

Developer

LAPIS Properties

District

Rak Central, Ras Al Khaimah

Price range

AED 1,251,977 – 13,302,207

Price per sq ft

AED 1,795 – 2,356 / ft²

Size

555 – 5,790 ft²

Completion

Q4 2028

Ownership

Freehold

Unit types

Apartments, Penthouses

Service charge

AED 18 / ft²

Furnishing

Semi Furnished with Kitchen Appliances

Resale allowed after

20% paid

Configurations

Building 1 — 2B+G+3P+40+3R

Gallery

Inside the residences

Amenities

A life fully serviced

⌑

Beach & Waterfront

Beach access and private beaches.

⊞

Retail & Dining

Cafés, restaurants and retail outlets.

⚘

Jogging & Cycling Tracks

Running track and bike path.

⚘

Children's Play Areas

Kids' play area and outdoor playground.

⚘

Landscaped Gardens

Landscaped park, gardens and fountain.

❦

Residents' Lounge

Lounge and pool lounge.

Payment Plan

Structured around you

100%

Full payment

Returns

A note on returns

Current district listings average about AED 2,584 per sq ft; the residences are sold on full-payment terms ahead of a Q4 2028 handover, with service charges of AED 18 per sq ft. See the full United Arab Emirates tax & returns guide →

Location

The centre of everything

Work directly with Anton

You will not be handed around a call centre. Anton Sulcek — INOVO's founder — personally guides you from the first shortlist through reservation, payment plan and handover, across all nine markets. One point of contact, honest advice, and pricing direct from the developer with no markup.

More about Anton →

Azure by Lapis