LMD: a foreign developer entering Dubai, and what carries over
A developer with a record built in another market, now building in Dubai. Which parts of an overseas track record are real evidence here, and which are not.
Taiyo Residences
Wasl Gate · LMD
Project factsheet
Developer LMD
Status Under construction
District Wasl Gate
Layouts 1, 2 and 3 bedrooms
Handover Q1 2028
Photos and renders of the building and grounds — not of this particular unit.
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Layouts and the handover date come from the sales-launch announcement; the date of that announcement is shown next to the prices. It is what the developer claimed at launch, not a registry record — off-plan, phasing and dates get revised. I will send the current ones over WhatsApp.
Developer prices
The developer's last quote in our materials is dated 25 August 2025, which is more than 6 months old, so the sums are not shown here. I will send the current price list and availability over WhatsApp.
- Payment plan
- 60/40 with a 2-year post-handover plan
- Handover
- Q1 2028
- Developer
- LMD
Figures come from the developer's own materials sent to brokers, dated 25 August 2025. The commentary behind them is written up in the Russian version of this page.
About the building
A residential building in Wasl Gate, currently under construction. Developer — LMD.
Specifications for Taiyo Residences as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.
About the project
Taiyo Residences is a residential building in Wasl Gate, handover is due Q1 2028.
The developer is LMD.
Layouts, according to the sales-launch announcement — 1, 2 and 3 bedrooms.
The database has nothing for this project at the moment: lots come and go here, and it refreshes nightly.
An LMD building under construction with 379 apartments in the Wasl Gate master plan, handover in Q1 2028 and a 60/40 plan with two years of instalments after keys.
What it is
Taiyo Residences is a residential building by LMD in Wasl Gate, status "under construction". The developer's factsheet gives 379 apartments and handover in Q1 2028. Units come unfurnished but with a fully fitted kitchen.
The latest quote in our materials is from 25 August 2025 — more than six months old. As a guide to the range only, factsheet launch prices were: studio 380 ft² at AED 585,000, one-bedroom 650 ft² at AED 885,000, two-bedroom 1,000 ft² at AED 1,450,000, three-bedroom 1,480 ft² at AED 2,275,000. Today's prices differ.
The availability list of 20 August 2025 showed 25 apartments left, sixteen of them one-bedrooms.
Payment schedule and location
The 60/40 plan is sliced finely: AED 50,000 booking, then 20% plus the Land Department fee within seven days, then fourteen instalments of 5% — six before handover and eight after — and 10% on handover itself. The post-handover plan runs for two years.
Wasl Gate is its own master plan, not old Al Wasl by Jumeirah. The developer describes the location as direct access to Energy metro station and Sheikh Zayed Road, ten minutes to JAFZA, fifteen to Expo City, two to Festival Plaza and Ibn Battuta Mall, and eight to Dubai Marina. Those are the developer's words — check them by driving.
Factsheet amenities: lap pool, kids' pool, barbecue, games room with billiards, co-working with a coffee bar, indoor and outdoor gyms, padel court and a quiet zone. Sola Residences by Octa Properties is going up in the same master plan.
LMD factsheet and broker mailing as of 25 August 2025: 379 apartments, handover Q1 2028, launch prices and average sizes, payment schedule, amenities, location description. Availability list as of 20 August 2025: 25 available apartments. Our stock as of 21 September 2026: no lots in the building.
Where it is
The pin is placed by district — I send the exact address on request.
Nothing in the stock for this project right now
Listings for Taiyo Residences do not turn up every day. Message me — I will check the closed bases and suggest similar options nearby, in Wasl Gate.
Ask about this project Handover payment
A mortgage covers the final instalment
The final payment on this building falls in 2028 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppFrequently asked about Taiyo Residences
Who is the developer of Taiyo Residences?
LMD.
When is Taiyo Residences handed over?
The sales-launch announcement says Q1 2028. The date in the contract for a particular unit can differ — I check it before the deal.
What layouts are there in Taiyo Residences?
1-bedroom, 2-bedroom and 3-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Where is Taiyo Residences?
Al Wasl. The old Dubai residential belt between Jumeirah and Downtown: villas, low-rise, and some of the best schools in the city.
How much does an apartment in Taiyo Residences cost?
Our database has no open listings for Taiyo Residences at the moment. I will check the price of the layout you want against the closed databases and send it together with the deal costs.
In the news
What has been written about the building, its developer and Wasl Gate
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Ask a question
Telegram is the fastest way — I answer personally.
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