About the project
Azure by Lapis marks Lapis Properties‘ arrival in RAK Central — Ras Al Khaimah’s emerging business and lifestyle district beside Al Hamra. The development offers a full ladder of residences, from efficiently planned studios to three-bedroom apartments, crowned by a limited number of penthouses and sky villas, all within minutes of Al Hamra Mall, the emirate’s golf and marina scene, and the resorts of Al Marjan Island.
Ras Al Khaimah is currently one of the UAE’s strongest growth stories, and RAK Central sits at the centre of it: a new master-planned hub drawing offices, hotels and residents to the Al Hamra corridor. For investors, Azure by Lapis pairs an accessible entry price with an unusually investor-friendly structure — 75% during construction and the remaining 25% spread over two years after handover.
Residents will enjoy resort-style amenities including swimming pools, landscaped parks and courtyards, a modern gymnasium and dedicated family spaces. The project is freehold and open to all nationalities.
Price List
| Unit Type | Starting Price (AED) |
|---|---|
| Studio | 750,000 |
| 1 Bedroom | 1,350,000 |
| 2 Bedroom | 1,800,000 |
| 3 Bedroom | 2,400,000 |
Payment Plan – 75/25
| Payment Stage | Percentage (%) |
|---|---|
| During Construction | 75% |
| Post-Handover (24 months) | 25% |
Expected Handover: Q4 2028
About the Developer
Lapis Properties is a Dubai-based development company with more than 12 years of experience across the Middle East and Turkey. The firm specialises in premium residential and commercial projects that combine innovative design, high build quality and sustainable technologies, backed by in-house architecture, construction management and turnkey interior capabilities.
Direct-to-developer access via Palmera — no buyer commission, full Palmera support from selection through handover, in your language.
Additional details
| Detail | Value |
|---|---|
| Developer | Lapis Properties |
| Location | Al Hamra, Ras Al Khaimah |
| Unit types | Studio, 1-3 Bedroom |
| Handover | Q4 2028 |
The developer

About Al Hamra Village
Ras Al Khaimah's established waterfront community.
Location
View on Google Maps ↗What's nearby
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Within 3 business hours you'll receive a full briefing on Azure by Lapis at Al Hamra, Ras Al Khaimah — floor plans, payment schedule, ROI projection, and the full amenity list — as a single PDF.



