Azure Residences by Lapis at RAK

Payment Plan

The 2-year post-handover payment plan at Azure Residences is the financial structure feature that most directly differentiates the development’s commercial proposition from comparable RAK new launch projects and that most effectively aligns the buyer’s financial commitment with the reality of owning and occupying or renting the property.

75% of the purchase price is paid during the construction phase via easy instalments that track the project’s progress toward Q4 2028 possession. The construction-phase instalment structure distributes the majority of the financial commitment across the build period in manageable amounts that avoid the concentrated capital outgoings of infrequent milestone-based payment schedules.

25% is paid post-handover across 24 months, which means a meaningful portion of the purchase price is spread across the 2 years following possession rather than being due at completion. For buyers planning to occupy Azure Residences as their primary RAK residence, the 25% post-handover spread means the home can be lived in from Q4 2028 while the remaining balance is managed alongside the household’s regular financial commitments. For investors, the post-handover period is exactly the 24 months during which the property is generating rental income from its RAK Central location, and that rental income can meaningfully offset the remaining 25% across the 24-month post-possession payment period.

The Q4 2028 possession date provides a clear and specific delivery horizon from a developer whose RAK focus gives the timeline the institutional context and community investment backing that makes it a credible planning assumption rather than a standalone developer commitment.