LMD

Developer · Dubai · Mid-market

LMD is building 4 projects and 1,108 homes in Dubai. Buyers paid a median AED 1,621 per sqft for its off-plan homes from Jul 2025 to Jun 2026.

Updated 27 Oct 2026
Handover record6 completed
0of 6 on time

Handed over within 3 months of the promised date. The typical project finished 3 quarters late. Too few dated handovers to rate as a share yet.

0on time6late
Projects underway4#58 in Dubai
Homes underway1,108#56 in Dubai
Median paidAED1,621/sqftCity median AED 1,823
Entry pricefrom AED595KLowest prices actually paid

Projects. 4 underway, 6 delivered.

La BoutiqueCulture Village (Jaddaf Waterfront)119Few salesQ4 2026promisedCulture Village (Jaddaf Waterfront) · 119 homes
The PierDubai Maritime City2822,628Q4 2026promisedDubai Maritime City · 282 homes · 2,628/sqft
Taiyo ResidencesWasl Gate3791,591Q4 2027promisedWasl Gate · 379 homes · 1,591/sqft
Boutique 23Culture Village (Jaddaf Waterfront)3281,783Under constructionno date declaredCulture Village (Jaddaf Waterfront) · 328 homes · 1,783/sqft
Marina LivingDubai Marina2052,091Jan 20262 quarters lateDubai Marina · 205 homes · 2,091/sqft
Rukan ResidenceRukan1531,228Feb 20254 quarters lateRukan · 153 homes · 1,228/sqft
RukanRukan6211,094Jul 20246 quarters lateRukan · 621 homes · 1,094/sqft
Rukan 3Rukan1,0891,458Aug 20233 quarters lateRukan · 1,089 homes · 1,458/sqft
Rukan2Rukan50Few salesJul 20234 quarters lateRukan · 50 homes
Continental TowerDubai Marina2241,652Sep 20172 quarters lateDubai Marina · 224 homes · 1,652/sqft

Median paid is every registered home sale in the project from Jul 2025 to Jun 2026, off-plan and resale; under 10 sales it reads few sales. Handover is the completion date declared on the register, and for a completed project the month of its first ready-market sale.

Where it builds. Paid price against each area.

Rukan4 projectsin line with the area4 projects · 1,258 vs 1,258
Dubai Marina2 projects12% under the area2 projects · 1,883 vs 2,129
Bur Dubai2 projects15% under the area2 projects · 1,759 vs 2,060
Wasl Gate1 project+8% over the area1 project · 1,591 vs 1,469
Dubai Maritime City1 project16% under the area1 project · 2,628 vs 3,129
LMDArea median

Median AED per sqft of registered home sales, Jul 2025 to Jun 2026: LMD’sprojects in the area against every sale in the area. Areas with fewer than 10 of its sales are left out.

Questions.

Does LMD hand over on time?

6 of its completed Dubai projects have a dated handover, and 0 of them came within 3 months of the completion date declared on the register. That is too few to rate as a share: Esto rates a developer's record from 10 dated handovers.

What do buyers pay per sqft in LMD projects?

Registered off-plan sale deeds in LMD projects from Jul 2025 to Jun 2026 had a median of AED 1,621 per sqft across 393 deeds, against a Dubai median of AED 1,823. That puts it in the mid-market band. Its entry price, the 3rd percentile of what buyers paid, is AED 595K. These are deeds, not a price list.

How many projects is LMD building in Dubai?

4 projects with 1,108 homes are under construction on the Dubai Land Department register, #58 in the city by projects and #56 by homes, and 6 projects are completed. Every one is listed on this page.

Where do these figures come from?

Projects, homes and completion dates come from the Dubai Land Department project register (as of 28 Sep 2026). Prices are registered sale deeds, never a price list. A handover is dated by the first ready-market sale after off-plan sales opened, which trails the keys, so every lateness figure is a floor. Esto compiles the register as it is: nothing on this page is paid for, and a developer cannot change a figure or a rank.

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