The Pier Residence by LMD
Off-Plan

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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 90,615 / year
Cash-on-Cash
2.2%
Levered cashflow AED 21,315
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 136,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
The Pier Residence by LMD launch basis2,333AED 2.10MCurrent launch / asking basis
Dubai Maritime City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Maritime City premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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The Pier Residence by LMD official render 1

The Pier Residence by LMD official render 1

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The Pier Residence by LMD official render 9

The Pier Residence by LMD official render 10

The Pier Residence by LMD official render 10

Astraterra Properties

Official Documents

Download official marketing materials from LMD.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

Developer payment plan available

Flexible Payment

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Floor Plans

The Pier Residence by LMD — 1 Bedroom Floor Plan

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 Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai Maritime CityDubai Maritime CityDubai, UAE

Developer Track Record

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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