LMD, a global real estate developer with projects in Spain, Greece, Egypt, and the UAE, has announced its latest venture, The Pier Residence in Dubai Maritime City with an investment of Dh750 million.

It is anticipated to be completed by Q2 2027, this luxurious development will feature 274 elegant homes including one, two, and three-bedroom apartments with private pools offering stunning views of the Arabian Gulf and Downtown Dubai skyline.

It is located just minutes away from Downtown Dubai and Jumeirah and facilitates residents with a outstanding amenities including a premium gym, a padel court, jogging and walking tracks, a residents’ lounge and a children's play area. LMD has partnered with the National Bank of Fujairah for this project and has appointed Devmark, a leading UAE sales and marketing consultancy as their exclusive sales partner.

Managing Partner LMD, Al Abbar praised the Dubai Land Department for fostering cooperation and transparency in the real estate market which has encouraged investment growth. He anticipates that Dubai Maritime City will become a major coastal destination, appealing to investors seeking profitable opportunities in a favorable climate. With ongoing economic recovery and increasing demand, the growth of investment returns in Dubai's real estate sector is expected to continue.

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