The Pier Residence by LMD — project image
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The Pier Residence by LMD

From AED 2.10M·Handover Jun 2027·Developer payment plan available Payment
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AED 2.10M
Starting Price
Jun 2027
Handover
Developer payment plan available
Payment Plan
1 BR · Apartments
Type

Project Overview

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.

Project Specifications
DeveloperLMD
LocationDubai Maritime City
Unit Types1 BR, Apartments
AreaDubai Maritime City
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 90,615 / year
Cash-on-Cash
2.2%
Levered cashflow AED 21,315
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 966,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Fitness Zone
Infinity pool
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Lounge
Meditation zone
Owners Lounge
Paddle court
Parking
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Roof Gardens
Rooftop Pool
SPA
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Sky Garden
Smart home
Social zone
Sports ground
Storage Areas
Walking paths
Yoga studio

Location

Dubai Maritime City

Nearby Destinations

Dubai Maritime City

Developer and Project Facts

01

The Pier Residence by LMD by LMD

02

Located in Dubai Maritime City

03

Starting from AED 2,100,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Jun 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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