Where is The Pier Residences by LMD located?

The Pier Residences by LMD is situated at Dubai Maritime City.

What types of properties at The Pier Residences are available?

The Pier Residence Dubai Maritime City features a variety of luxury apartments, including 1-bedroom units at 618 sqft (57 m²), 2-bedroom units at 1,020 sqft (95 m²), and 3-bedroom units at 1,957 sqft (182 m²).

What is the starting price for apartments at The Pier Residences Dubai Maritime City?

The starting price for apartments at The Pier Residence is AED 1,600,000 ($435,600).

What amenities are available at The Pier Residences Dubai Maritime City?

Residents of apartments at The Pier Residences enjoy a wide range of amenities, including a pool deck, fitness center, elegant lounges, retail outlets, restaurants, children's play area, BBQ area, and lush green parks. The property also features advanced security systems and ample parking.

What is the payment plan for property at The Pier Residences Dubai Maritime City?

LMD offers a convenient 60/40 payment plan for purchasing apartments at The Pier Residence. Additionally, buyers can benefit from bulk discounts ranging from 7% to 9% for purchasing full floors.

What is the handover date for these apartments at Dubai Maritime City?

The handover date for properties at The Pier Residence Dubai Maritime City is scheduled for Q2 2027.

The Pier Residence at Dubai Maritime City

The Pier Residence by LMD at Dubai Maritime City offers a luxurious living experience in one of Dubai's most vibrant areas. This project features 260 luxury apartments, including 1, 2, and 3-bedroom units. The sizes of the apartments range from 618 sqft (57 m²) for 1-bedroom apartments, 1020 sqft (95 m²) for 2-bedroom apartments, and 1957 sqft (182 m²) for 3-bedroom apartments. Prices for buying apartments at LMD Pier Residences start at AED 1,600,000 ($435,600), making them an attractive option for both investors and homebuyers.

LMD Pier Residences Dubai Maritime City boasts an array of amenities designed to enhance the lifestyle of its residents. These include a pool deck, fitness center, elegant lounges, retail outlets, restaurants, and lush green parks. Properties at Pier Residences Dubai Maritime City are equipped with advanced security systems, ample parking, and smart home systems, ensuring comfort and safety. Additional facilities include a children's play area, BBQ area, and proximity to international schools, top-tier healthcare facilities, and places of worship.

The architecture and design of The Pier Residence reflect modern elegance and luxury. Interiors feature high-end finishes and fixtures, with customizable layouts that maximize space and comfort. Each apartment at Pier Residences Dubai Maritime City offers direct waterfront access and stunning views. The LMD also offers a convenient 60/40 payment plan and bulk discounts ranging from 7% to 9% for purchasing full floors. The handover date for apartments at LMD Pier Residences is set for Q2 2027, allowing investors to plan their finances accordingly.

Renders may look slightly different than real life photos

1-Bedroom

2-Bedroom

3-Bedroom

Investing in Dubai’s real estate offers a path to long-term residency with multiple benefits. A 2-year renewable visa is available for property investments of AED 750,000 ($204,200), granting residency and family sponsorship, and access to the city’s many advantages.

For extended residency, a 5-year visa requires a minimum investment of AED 2,000,000 ($544,500) in fully owned property, held for at least three years. This visa provides family sponsorship and long-term security with renewal options.

The 10-year Golden Visa, also requiring AED 2,000,000 ($544,500), allows unrestricted family sponsorship and offers premium services like healthcare, education, and long-term peace of mind. It is renewable, ensuring stability and flexibility to establish permanent residency.

To qualify for the 10-year Golden Visa, the property must be fully paid, registered in the investor’s name, and meet specific criteria regarding type and location. The 5-year visa has simpler requirements, allowing any property type as long as it’s held for three years.

These flexible visa options support long-term investments and secure your future in Dubai.

Dubai Maritime City is a dynamic hub known for its state-of-the-art infrastructure and strategic location. Well-connected via Sheikh Rashid Road, Sheikh Zayed Road, and Metha Road, transportation is convenient and efficient, with Dubai International Airport just a 20-minute drive away. The area boasts numerous attractions, including the Dubai Creek Golf & Yacht Club, the Roxy La Mer Cinema, and rich maritime heritage sites.

The community is also well-served by public transportation, including metro stations and bus stops, ensuring ease of movement throughout Dubai. Surrounded by commercial, retail, and recreational amenities, Dubai Maritime City provides a vibrant lifestyle for its residents.

Recent developments at Dubai Maritime City include a new road infrastructure scheme, installation of advanced ANPR CCTV cameras to enhance security, and upgrades to the automated utility system for portable seawater cooling. These improvements aim to maximize energy efficiency and support the maritime businesses operating within the city. Dubai Maritime City is home to over 280 registered businesses, solidifying its status as a premier maritime hub in Dubai.

The area is also a free zone, offering incentives such as 100% foreign ownership, tax exemptions, and duty-free imports and exports. This makes it an attractive option for investors and maritime companies looking to establish a presence in Dubai. Additionally, Dubai Maritime City has recently obtained ISO accreditation, reinforcing its competencies and commitment to advancing the UAE’s maritime industry.

Dubai Maritime City's strategic location between Port Rashid and Dubai Dry Docks provides easy access to the sea, airports, and public transportation, further enhancing its appeal as a residential and business destination. The city also offers a holistic living and working environment, balancing professional and personal life for those within the industry.

Investing in property at The Pier Residence offers promising returns due to its strategic location and the high demand for luxury living at Dubai Maritime City. As a freehold economic zone, Dubai Maritime City attracts foreign investors by allowing full ownership, tax exemptions, and duty-free imports and exports. The continuous development and expansion of the area, including commercial, retail, and recreational amenities, bolster the potential for high returns on investment (ROI).

Recent projects at Dubai Maritime City demonstrate the area's appeal. For example, the average ROI for 1-bedroom apartments at Dubai Maritime City is around 6.6%, with rental prices starting at AED 95,000 ($25,900) per annum. These indicators guarantee a steady income stream and potential appreciation in property value, making the investment lucrative.

The real estate market at Dubai Maritime City is buoyed by the area's superior amenities and strategic location. Properties like The Pier Residence, with their modern design and waterfront access, cater to a discerning clientele seeking both comfort and convenience. This makes the area a compelling investment opportunity, offering both lifestyle and financial benefits.