Ras Al Khaimah, United Arab Emirates
Price from
≈ $359,386AED 1,319,846Rate as of 2026-08-30
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
AED 16,146 / m²
-33% vs the city median (Ras Al Khaimah), sample of 37 projects
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Data verified Aug 28, 2026price source: developer partner networkupdated 2 days ago
Properties
Condominium
Area
52 - 538 m²
Bedrooms
1 - 3
Readiness
Planned
Available
12 of 12
Dry season
May, Jul, Aug
Properties
Condominium
Area
52 - 538 m²
Bedrooms
1 - 3
Readiness
Planned
Is this expensive for the city
$4,396per m²cheaper than 95% of city projects
-33% vs the city median (Ras Al Khaimah), sample of 37 projects
Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.
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What it really costs
Payment plan
Step 1
On booking
20%$71,877
Step 2
Tax
4%$14,375
Step 3
Before commissioning
55%$197,662
Step 4
After transfer
25%$89,846
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$1,369
$16,421
5.7%
4.6%
$480,940
57%
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When is the season here
Driest months: May, Jul, Aug
Wettest months: Jan, Mar, Dec
Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 20.1 | 23 |
| Feb | 21.1 | 10 |
| Mar | 23.7 | 16 |
| Apr | 27.5 | 6 |
| May | 31.5 | 1 |
| Jun | 34.1 | 2 |
| Jul | 35.7 | 1 |
| Aug | 35.7 | 1 |
| Sep | 33.7 | 1 |
| Oct | 30.8 | 2 |
| Nov | 26.4 | 8 |
| Dec | 22.4 | 14 |
Source: NASA POWER, climate normal (2001-2020). Grid node 25.7, 55.8. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Status
Planned
Total units
12
Available
12
Area
52 - 538 m²
Properties
Condominium
Status
Planned
Total units
12
Available
12
Area
52 - 538 m²
Description
Twelve units make up the entire Azure by Lapis project, all contained within a single building in Ras Al Khaimah. The developer, Lapis Properties LLC, has the project listed at the planned stage, meaning construction has not yet been completed.
All 12 units remain available, covering the full range of layouts offered, from 1 to 3 bedrooms. Unit sizes span a wide range, from 52.04 sqm up to 537.95 sqm, which places compact one-bedroom layouts and considerably larger residences under the same roof.
Prices start at 1,319,845.60 AED and go up to 13,302,207.42 AED, with a price per square meter of 25,362 AED. The project sits in the Ras Al Khaimah region, in the UAE.
With just one building and 12 units in total, Azure by Lapis is a small-scale development. Since all 12 units are still on the market, buyers currently have access to the complete set of layout options, from the smallest to the largest unit in the building.
Location
Ras Al Khaimah, United Arab Emirates
Market context
Residential price growth
39% YoY
Apartment price level
Dh2,000 per sqft
Rental growth
5% YoY
Average gross rental yield
5.6%
Foreign buyer share
68%
Ras Al Khaimah’s residential market is on a sharp upward trajectory, with prices and rents both posting solid year‑on‑year gains and the emirate attracting a growing share of foreign investors. The momentum is underpinned by strong economic growth, new premium projects such as the Wynn Al Marjan Resort and expanding tourism, suggesting continued capital appreciation and robust rental demand into 2026.
Sources (6) · updated 21/08/2026
- UAE: RAK property rally continues in 2025 as prices near Dh2,000 per sqft | Khaleej Times
- UAE: RAK Property Rally Continues In 2025 As Prices Near Dh2,000 Per Sqft
- Why savvy investors are flocking to Ras Al Khaimah - Construction Week Online
- ValuStrat Launches Ras Al Khaimah ValuStrat Price Index - ValuStrat
- UAE Real Estate In 2025: Ras Al Khaimah Emerges As Hotspot
- Ras Al Khaimah Real Estate Investment 2025 | Growth & ROI Guide
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