Developer · Dubai

Lapis: Dubai Sales, Market Share and Projects 2026

Lapis recorded 44 developer (primary) sales worth ⃃ 40.23M in Dubai from 1 Jan – 17 Oct 2026, 0% of all developer sales by number and 0% by value — rank #175 of 522 developers. That is 77.0% lower than the same point of 2025. It has delivered 0 projects (0 units) and has 1 under construction (313 units).

Sales period: 1 Jan – 17 Oct 2026Compared with: same date 2025Updated: 17 Oct 2026
Developer sales 2026 YTD
44
−77.0% vs same date 2025
worth ⃃ 40.23M · 1 Jan – 17 Oct 2026
Share of primary sales
0%
rank #175 of 522 developers · by number
Under construction
313 units
1 projects
Delivered
0 units
0 projects

What are Lapis's key figures?

Every figure with its scope.

MetricValueBasis
Developer sales, 1 Jan – 17 Oct 2026440% of 90,085 developer sales in Dubai
Developer sales value, 1 Jan – 17 Oct 2026⃃ 40,228,8930% of ⃃ 230.1B
Sales vs same date last year−77.0%44 vs 191 (both cut at today's date)
Under-construction portfolio1 projects313 units; rank #160 by units
Delivered to date0 projects0 units
Total projects / units1 / 313all statuses
Off-plan absorption81.8%share of the developer’s off-plan units sold to date
Typical resale gain—typical percent gain on resold units
Founded2014developer record

What unit sizes does Lapis sell most?

Developer sales by bedroom count, 1 Jan – 17 Oct 2026.

Lapis developer sales by bedroom count 2026
Developer sales
Studio19
1 Bed13
2 Beds11
Commercial1
Lapis developer sales by unit size, 1 Jan – 17 Oct 2026. Source: DXBinteract. The same figures are in the table below.
UnitSalesShare
Studio1943.2%
1 Bed1329.5%
2 Beds1125%
Commercial12.3%

What has Lapis built by unit size?

Units the developer has built or is building, all years. Not the same as sales.

UnitUnits
Studio164
1 Bed92
2 Beds48

How these figures are calculated

Developer (primary) sales
Sales where the developer is the seller, registered with the Dubai Land Department. Resales of its units by owners are excluded.
Market share
The developer's sales divided by all developers' sales over 1 Jan – 17 Oct 2026; ranks recomputed on number of sales (ties share a rank).
Year-on-year
This year to date against the same calendar span last year, so a part year is never compared with a full one.
Delivery reliability
On-time projects ÷ (on-time + late + overdue) × 100, over every project whose planned completion date has passed. Overdue = still active past the planned completion date.
Absorption
Share of the developer’s off-plan units sold to date.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/top-property-developers-in-dubai/lapis-properties/market-data
Lapis: Dubai Sales, Market Share and Projects 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/top-property-developers-in-dubai/lapis-properties/market-data

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties has Lapis sold in 2026?
Lapis recorded 44 developer (primary) sales worth ⃃ 40,228,893 from 1 Jan – 17 Oct 2026. Resales of its units by owners are not included.
What is Lapis's market share in Dubai?
Lapis accounts for 0% of all developer sales in Dubai by number and 0% by value in 2026 to date, ranking #175 of 522 developers with sales.
How many projects has Lapis delivered in Dubai?
Lapis has delivered 0 projects with 0 units, and has 1 projects (313 units) under construction.

Last updated · https://dxbinteract.com/top-property-developers-in-dubai/lapis-properties/market-data