Major Developments
Post-handover
Colibri Views
Colibri Views, RAK Central, Ras Al Khaimah
From AED 813,000
- Payment plan60/10/30
- HandoverQ4 2028
- UnitsStudio – 2 BR
Azure by Lapis is an off-plan apartments and penthouses development by Lapis Properties in RAK Central, Ras Al Khaimah, with homes from AED 909,075 on a 64/11/25 payment plan and handover expected in Q4 2028. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Overview
Azure by Lapis rises on Al Marjan Island as a refined waterfront landmark shaped around tranquility, nature, and architectural elegance. Its curved silhouette, expansive terraces, and flowing lines echo the meeting point of sea and sky, creating a serene visual identity that reflects the calm rhythm of coastal living. The tower stands within one of Ras Al Khaimah’s established island destinations, surrounded by beaches, promenades, and resort landscapes.
The development offers an elevated lifestyle defined by clarity, openness, and harmonious proportions. Natural light fills the interiors, while the design philosophy emphasizes clean geometry, vertical elegance, and a continuous connection to the horizon. This approach creates living spaces that feel both sophisticated and soothing, offering residents a sanctuary shaped by balance and understated luxury.
Azure features a diverse collection of residences, including studio apartments, premium studios, one-bedroom, two-bedroom, and three-bedroom apartments, as well as exclusive three-bedroom penthouses and sky villas. The project is complemented by a wide range of leisure and wellness amenities such as outdoor pools, children’s areas, landscaped green spaces, jogging paths, beach access, and marina-side lifestyle offerings. Every element is crafted to enrich daily experiences and deepen the sense of place.
The interiors of Azure are defined by premium materials, modern finishes, and refined decorative elements that mirror the project’s calm, elevated character. The lobby showcases polished surfaces, soft lighting, and warm textures, creating an inviting sense of arrival. Residences feature contemporary design details with clean lines and elegant tones.
Details
Gallery
Amenities
Payment plan
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 20% | 181,815 |
| Construction instalments | 44% | 399,993 |
| Handover payment | 11% | 99,998 |
| Post-handover instalments | 25% | 227,269 |
| Total | 100% | 909,075 |
*Worked example on the starting price of AED 909,075. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).
Floor plans
| Unit type | Size (sq ft) | From (AED) |
|---|---|---|
| Studio | 573 | 1,216,366 |
| Unit type | Size (sq ft) | From (AED) |
|---|---|---|
| 1 bedroom | 806 | 1,650,802 |
| Unit type | Size (sq ft) | From (AED) |
|---|---|---|
| 2 bedrooms | 1537 | 2,887,166 |
| Unit type | Size (sq ft) | From (AED) |
|---|---|---|
| 3 bedrooms | 1590 | 3,024,609 |
Location
Investment
Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.
Developer

Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
Homes at Azure by Lapis start from AED 909,075 for studios. Availability and figures change with each release, so request the latest availability before you reserve.
Lapis Properties offers a 64/11/25 payment plan: 64% during construction, 11% on handover and 25% after handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
Handover is expected in Q4 2028. Completion dates can move, so check the developer's latest construction update before you plan around it.
Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.
A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.
Azure by Lapis is developed by Lapis Properties. See the developer page for their other projects in Ras Al Khaimah.
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Azure by Lapis.
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