Skip to content

The Pier Residence

Dubai Maritime City · LMD

Project factsheet

Developer LMD
Status Under construction
District Dubai Maritime City
Layouts 3 bedrooms
Handover Q4 2027

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 11 February 2026, 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
65/35 with a 2-year post-handover plan
Handover
Q4 2027
Developer
LMD

Figures come from the developer's own materials sent to brokers, dated 11 February 2026. The commentary behind them is written up in the Russian version of this page.

About the building

A residential building in Dubai Maritime City, currently under construction. Developer — LMD.

Specifications for The Pier Residence 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

The Pier Residence is a residential building in Dubai Maritime City, handover is due Q4 2027.

The developer is LMD.

Layouts, according to the sales-launch announcement — 3 bedrooms.

The database currently holds 1 lot in this project, from 2 399 000 AED; 1 of them priced below the market, the deepest discount 21%.

An LMD building in Dubai Maritime City, under construction, handover Q4 2027 per the February mailing: three-bedroom residences only, each, the developer says, with its own pool and maid's room.

What it is

The Pier Residence is an LMD residential building in Dubai Maritime City, configured G+4P+HC+23+R per the factsheet. The developer presents it as three-bedrooms only: panoramic sea views, a private pool and a maid's room in every residence.

The materials don't agree, though. The factsheet of 23 July 2025 listed one-, two- and three-bedrooms — from 678, 1,101 and 2,000 ft² — while the February 2026 mailing talks only about three-bedrooms. Whether that's a change of mix or just the remaining type isn't clear from the documents.

The date has moved too: the mailing of 27 August 2025 said Q3 2027, the February one says Q4.

Money: payment plan and service charge

A 65/35 plan with two years of post-handover payments. Per the factsheet: 20% upfront, then 5%, 5%, 10%, 10% and 10% at months two, ten, fifteen, twenty-one and twenty-eight from booking; after handover, seven payments of 5%.

The developer estimates the service charge at AED 18/ft². The finishes are named by brand — Bosch or Siemens, Villeroy & Boch, 3.6-metre ceilings, oak floors — but with an asterisk meaning "or equivalent".

The latest quote in our materials dates from 11 February 2026, so we don't give a price. Our stock as of 21 September 2026 has one lot: AED 2,399,000, 21% below market, recorded as a two-bedroom apartment, size not given.

The district

Maritime City is a reclaimed peninsula between Port Rashid and the docks, with a working maritime cluster next door. Our database has 19 lots here, all under construction, median AED 2.25 million at AED 2,827/ft².

LMD materials: factsheet of 23 July 2025, mailings of 27 August 2025 and 11 February 2026 — format, payment plan, service charge, handover. Our stock as of 21 September 2026: one lot; Dubai Maritime City median and price per ft².

Where it is

The pin is placed by district — I send the exact address on request.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2027 — 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 WhatsApp

Frequently asked about The Pier Residence

Who is the developer of The Pier Residence?

LMD.

When is The Pier Residence handed over?

The sales-launch announcement says Q4 2027. The date in the contract for a particular unit can differ — I check it before the deal.

What layouts are there in The Pier Residence?

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 The Pier Residence?

Dubai Maritime City. A reclaimed peninsula between Port Rashid and the Drydocks: central waterfront on three sides, with a working marine industry as the neighbour.

How much does an apartment in The Pier Residence cost?

The database currently holds 1 lot in this project, from 2 399 000 AED; 1 of them priced below the market, the deepest discount 21%. The list changes daily — I will send a fresh selection for the building on request.

In the news

What has been written about the building, its developer and Dubai Maritime City

Apparel Group: how letting actually works in Dubai

A retail group developing a tower in Dubai Maritime City. Whoever you buy from, the rules on tenancy registration, rent increases and notice are the same — and they favour a prepared landlord.

Where this project stands today

Message me for the free layouts in The Pier Residence, the real entry price and what owners and tenants say — not the brochure copy.

Ask a question

Telegram is the fastest way — I answer personally.

Message on Telegram