
The Pier Residence by LMD is a luxury residential development by Devmark located in Dubai Maritime City. The project, designed by developer LMD, consists of a ground floor, four podium levels, one high-ceilinged floor with amenities and services, twenty-three residential floors, and a rooftop recreational area with an infinity pool. This architectural masterpiece is a unique blend of sophisticated luxury and meticulously designed for comfortable living spaces. The futuristic look of the facades is complemented by smooth lines of balconies. The Pier Residence by LMD offers extravagant apartments with one, two, and three bedrooms. Balconies have quality glazing and a marble finish. The living room and bedrooms have double-glazed windows with fantastic views of the Persian Gulf. All apartments are designed with attention to detail and equipped with a smart home system and high-quality floor coverings, including oak flooring in a living room and bedroom. The kitchen and bathroom are equipped with appliances from world-renowned premium brands. Residents of The Pier Residence by LMD can reach the center of Dubai in just 12 minutes, Dubai Marina in 15 minutes, Dubai International Airport in 20 minutes, and Expo City in 25 minutes.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| The Pier Residence by LMD launch basis | 2,333 | AED 2.10M | Current launch / asking basis |
| Dubai Maritime City ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Dubai Maritime City premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |



















The Pier Residence by LMD official render 1

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Astraterra Properties
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Dubai Maritime City
The Pier Residence by LMD by LMD
Located in Dubai Maritime City
Starting from AED 2,100,000
Unit mix includes 1 BR, Apartments
Expected handover: Jun 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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