Azure by Lapis 2BR Apartment in Ras al Khaimah — Move-In Ready Value

Two-bedroom apartment of 102 sq m on Al Marjan Island — a compelling entry point into Ras Al Khaimah’s fast-growing coastal market

This 2-bedroom apartment spanning 1,098 sq ft in Azure by Lapis is designed for investors who want to buy property in Ras Al Khaimah before the market fully matures. Al Marjan Island is quickly becoming the emirate’s most sought-after residential and hospitality destination, with rising rental demand from expat families and long-stay tourists. The two-bedroom format at 102 sq m sits squarely in the most liquid segment of the rental market — broad enough to attract families, compact enough to command competitive yields.

Unit highlights

— two separate bedrooms with clear spatial separation;
— open living and dining area flooded with natural light through floor-to-ceiling glazing;
— panoramic views from one of the upper levels of a 40-storey coastal tower;
— a floor area that meets the practical needs of family tenants and lifestyle buyers alike.

Azure by Lapis — amenities

— direct access to private beaches and a dedicated pool deck;
— children’s pool and kids’ play area;
— running track and cycling path;
— volleyball court;
— landscaped park within the development;
— grand lobby.

Architecture and concept

Azure by Lapis rises 40 storeys above Al Marjan Island, with two basement levels and three podium floors setting its base. The tower’s soft curves and pale façade reflect the surrounding seascape without competing with it — the design language is coastal and contemporary, prioritising light, proportion, and open interiors that blur the boundary between inside and out.

About the developer

Lapis Properties is a UAE-based developer focused on coastal residential projects, with a commitment to considered design and quality living environments for residents.

Payment plan

The 75/25 scheme with a post-handover component offers a measured entry for investors:
— 20% — down payment on booking;
— 40% — during construction;
— 10% — on handover;
— 25% — post-handover.
Completion is scheduled for 2028.

Location — Al Marjan Island, Ras Al Khaimah

— 3 minutes to the Golf Club;
— 6 minutes to Marina & Yacht Club;
— 28 minutes to Ras Al Khaimah International Airport;
— 45 minutes to Jebel Jais;
— approximately 1 hour to Burj Khalifa and central Dubai.

Frequently asked questions

Why is the two-bedroom format on Al Marjan a strong investment?
— At 102 sq m, this apartment fits the most in-demand rental segment on the island. Two-bedroom units consistently attract expat families and professionals, sustaining occupancy rates across both long-term and short-term rental strategies.

How does the post-handover payment plan work for investors?
— The 25% post-handover tranche means you receive the keys in 2028 and continue payments thereafter — a structure that allows rental income to partially offset remaining instalments from day one of ownership.

Do residents have beach access?
— Yes. Azure by Lapis includes direct access to private beaches, which is a key differentiator for rental appeal on Al Marjan Island.

When is the project expected to be completed?
— Handover is planned for 2028.

Can I get a floor plan and investment projection for this apartment?
— Yes — we can provide the current floor plan and a financial model tailored to this specific unit on request.

Enquire via the form on this page to receive the floor plan, up-to-date pricing, and a yield projection for the 2-bedroom apartment at Azure by Lapis on Al Marjan Island.