LMD Developments launches AED 750 million project; The Pier Residence

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Tuesday 24 September 2024Tuesday 24 September 2024
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LMD Developments launches AED 750 million project; The Pier Residence

As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down.

LMD Developments launches AED 750 million project; The Pier Residence

Has it really only been 17 hours since the last off-plan launch in Dubai?

Oh yes, it has - and now LMD Developments has just unveiled their AED 750 million project - The Pier Residence.

This luxurious waterfront development is set to be the next iconic destination for those looking for affordable luxury living - with completion scheduled for the second quarter of 2027!

What can we expect?

The Pier Residence will feature 274 high-end homes, offering one-, two, and three-bedroom apartments. For those seeking something extra, select units will include private pools and balconies too, adding an exclusive touch to the property.

The project’s design is elegant and modern, ensuring each unit has high-end finishes and features.

Let’s also not forget to mention, that you’ll get breathtaking views of the Arabian Gulf and the Downtown Dubai skyline!

What amenities can you enjoy?

Apart from the luxurious apartments, residents at The Pier Residence will have access to a wide range of top-tier amenities including:

  • A state-of-the-art premium gym
  • A padel court
  • Jogging and walking tracks
  • A luxurious residents' lounge
  • A children’s play area designed with families in mind

These amenities are much more than what you can get at an average apartment complex!

Where is The Pier Residence located?

The Pier Residence is strategically located in Dubai Maritime City, placing it just minutes away from Downtown Dubai and Jumeirah, two of Dubai’s most prominent areas.

The location offers residents the perfect balance between tranquil waterfront living and bustling city life, making it a prime location for those seeking both convenience and exclusivity.

Who are LMD’s partners in this project?

LMD has partnered with several key players to bring this project to life.

The National Bank of Fujairah is playing a critical role in the financial backing of the development. Additionally, Devmark who is a leading sales and marketing consultancy in the UAE, has been appointed as the exclusive sales partner for The Pier Residence, ensuring that the project reaches both local and international investors.

How does this reflect the UAE’s vision for real estate?

According to Hamad Al Abbar, who is the Managing Partner of LMD, The Pier Residence is a major step toward realising Dubai’s vision of enhancing its real estate sector. He shared that Dubai has become a global hub for wealthy investors due to its investor-friendly policies, including:

  • The ease of purchasing property for international buyers
  • High returns on investment
  • The availability of residency visas for property buyers
  • World-class infrastructure

These factors, combined with a surge in demand for Dubai real estate have made the emirate a top choice for global investors.

Keen to check it out?

Thinking about this project, then drop our off-plan experts a line to know more about The Pier Residences.

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