LMD Real Estate Development Company, the leading real estate development company in the Emirates, announced the launch of its innovative project, “The Pier Residence,” in Dubai Marina City, with investments estimated at 750 million dirhams to reveal the details of the project in the presence of a large number of… Strategic partners.
The Cide Cide project, which is expected to be delivered in the second quarter of 2027, consists of 274 luxury residences, including one-, two- and three-bedroom apartments with privacy, some with a bath private. To reflect the pinnacle of luxury, with the elegant modern designs and high quality finishes that ensure it meets different lifestyles.
The project is characterized by its location overlooking the waterfront in the vibrant seaside city of Dubai, with stunning views and close proximity to all services. It is connected to Downtown Dubai by an extensive transport network.
Within the project, “LMD Real Estate Development” engages in close cooperation with the “National Bank of Fujairah” as one of the strategic partners, which contributes to promoting further developments in the project in particular, and serving the wishes and vision of the real estate sector in general, and supporting the plans and goals of both parties.
It also contracted with Devmark, a leading company in the field of consulting services with a strong track record in real estate marketing in the Emirates and the world, to be the exclusive sales partner for units in “The Pier Residence” project .
Meanwhile, LMD Real Estate Development Managing Partner Hamad Al Abbar said: “We are pleased to announce one of our most important real estate projects in Dubai. “It confirms our commitment to work towards achieving Dubai’s vision of renewing the real estate scene and enriching it through prestigious mega-projects that will keep up with the rapid growth trajectories and unprecedented local and global demand.” to buy real estate in the emirate. “
Al-Abbar pointed out that Dubai has recently been successful in attracting the world’s wealthy thanks to the procedures to make the purchase of real estate easier for international investors, providing the best return on investment, and a real estate residence visa under real estate investment, in addition. to high-quality infrastructure, and large and diverse real estate projects in the emirate.
Al-Abbar appreciated the efforts of the Dubai Land Department, through its hard work to develop collaboration, partnership and exchange of knowledge about the best practices in the real estate sector, which gave a positive impression on the great growth in sales.
Al Abbar emphasized that Dubai Maritime City will compete with the world’s most famous and popular coastal destinations in the near future, enhancing its position as a global investment destination and making it a attractive to those looking for a profitable product in light. supportive investment environment, diverse projects, and sustainable growth opportunities.
Albbar expects growth in investment returns in the property sector in Dubai to coincide with the continued strong momentum within the market this year and the launch of new property projects, led by growth in demand, revival of the building. economy and tourism with more new residents coming in.
2024-09-21 07:18:43
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