Developer benchmark · July 2026

LMD off-plan projects: AED 1,829/sqft

LMD has 4 off-plan projects in our July 2026 dataset across 6 communities (most in Dubai Marina, Jebel Ali Village, Al Jaddaf Waterfront).

Across 38 priced unit records the median asking price is AED 1,829 per sqft (10% below the Dubai-wide off-plan median), with the middle half between AED 1,495 and AED 1,864.

The median unit is AED 1.19M for 645 sqft.

LMD payment plans typically ask 20% on booking and 55% before handover; 33% include post-handover instalments.

#116 of 391 developers by projects#97 of 208 by AED/sqft4 projects38 priced unitsDubai 6

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Median AED/sqft

1,829

p25 1,495 to p75 1,864

Median asking price

AED 1.19M

for a median 645 sqft unit, in the AED 1M to 2M band

Paid before handover

55%

median of 6 payment plans

Communities

Dubai Marina, Jebel Ali Village

0 of 6 measures have the evidence to publish

Scorecard

4 off-plan, 2 on record as delivered

Completions on record

2023 to 2025, 2 handover years

Live off-plan

4 communities, 38 priced units

Price against neighbours

not measured

needs 5 comparable projects

Payment plan discount

not measured

needs 5 priced schedules

Measure	This developer	Base	What it says, and does not
Completions on record	2	4 off-plan	2 on record, below the 3 needed to describe a span or a cadence.

Not measured here: delivery span and cadence; share past stated handover; price against neighbours; payment plan discount; community footprint; listing completeness. Each of those needs a base this developer does not reach in the corpus, and a thin number is worse than none.

The scorecard does not measure whether LMD hands over on time. Every project in this corpus carries one handover date, the date its listing stated when we read it. There is no separately recorded original announced date and no earlier reading of the same project to compare against, so no on-time rate can be computed, and we publish none rather than a proxy. The completions column is also bounded by what the corpus can see: 1,034 of the 1,087 delivered buildings on record handed over in 2020 or later (96%), and the corpus only sees projects that were listed on the portals we read, so an absent completion is an absence of evidence rather than evidence of absence. Full definitions, queries and limitations: methodology.

Distribution of asking price per sqft

Where the prices sit

38 units, 2nd to 98th percentile

Min

818

p25

1,495

Median

1,829

Mean

1,656

p75

1,864

Max

1,935

19 of the 38 records are individual units with a listed price and size; the rest are unit-type starting prices. See methodology.

Price, size and AED/sqft

By bedroom count

Type	Units	Median AED/sqft	p25 to p75	Median price	Median size	Entry (p25 price)
1 BR	28	1,864	1,629 to 1,869	AED 1,193,910	640 sqft	AED 909,000
2 BR	5	1,400	1,383 to 1,549	AED 1,391,000	1,000 sqft	AED 1,391,000
3 BR	4	1,645	1,513 to 1,778	AED 2,415,982	1,467 sqft	AED 2,062,500

From 6 published plans

Payment plan norms

Median LMD structure

20%

35%

25%

Dubai-wide median structure

20%

40%

30%

On bookingDuring constructionOn handoverPost-handover

Medians are computed stage by stage, so bars may not sum to exactly 100. Plans with a stated total outside 90 to 110% are excluded.

On booking

20%

range 20% to 20%

Before handover

55%

range 50% to 60%

Post-handover plans

33%

median 45% after keys

50% or less pre-handover

50%

share of plans

Scheduled handovers by quarter

Delivery pipeline

Q2 '25

Q2 '26

Q4 '26

Q4 '27

Q1 '28

By year: 2023 (1), 2025 (1), 2026 (2), 2027 (1), 2028 (1). Construction status: under construction 4, completed 1, not stated 1.

6 communities

Where LMD builds

Dubai Marina 1 Jebel Ali Village 1 Al Jaddaf Waterfront 1 Culture Village 1 Al Jaddaf 1 Wasl Gate 1

4 tracked

Every LMD off-plan project

Open in the index

Project	Community	Type	From	Median AED/sqft	Pre-handover	Handover	Status
The Collection at Taiyo	Jebel Ali Village		AED 1.17M	1,864	45%	Q1 2028	On sale
La Boutique	Al Jaddaf	Apartment	AED 909K	1,522	60%	Q4 2026	Sold out
Taiyo Residences	Wasl Gate	Apartment	AED 585K	1,443	50%	Q4 2027	Sold out
Boutique 23	Al Jaddaf Waterfront		AED 600K	n/a	60%	Q2 2026	Sold out
Boutique XII	Culture Village		n/a	n/a	n/a	Q4 2023	Not stated
Marina Living	Dubai Marina		n/a	n/a	90%	Q2 2025	Sold out

Project facts (name, community, starting price, handover, payment plan) are as published by the developer. Median AED/sqft is our computation over that project's priced units.

Compare on AED/sqft

Developers at a similar price point

Developer	Projects	Priced units	Median AED/sqft	vs LMD	Pre-handover
Urban Venture	1	44	1,820	0%	30%
Grovy	5	56	1,840	+1%	45%
Yas	1	30	1,814	-1%	40%
ICT	5	68	1,812	-1%	45%
Zaya	12	174	1,849	+1%	40%
Saas	7	146	1,850	+1%	50%

FAQ

Questions this data answers

What is LMD's average off-plan price per sqft?+

Across 38 priced units in 3 LMD projects (July 2026), the median asking price is AED 1,829 per sqft, with the middle half between AED 1,495 and AED 1,864.

Where is LMD building off-plan?+

LMD has projects in 6 communities. The largest concentrations are Dubai Marina (1), Jebel Ali Village (1), Al Jaddaf Waterfront (1), Culture Village (1), Al Jaddaf (1).

What payment plan does LMD usually offer?+

Across 6 published LMD payment plans the median structure is 20% on booking, 35% during construction and 25% on handover, so 55% before keys. 33% of plans include post-handover instalments.

When are LMD's off-plan projects handing over?+

Scheduled handovers by year: 2023: 1, 2025: 1, 2026: 2, 2027: 1, 2028: 1. Dates are as published by the developer and can move.

How much does a LMD off-plan unit cost?+

1 BR: median AED 1,193,910 for 640 sqft; 2 BR: median AED 1,391,000 for 1,000 sqft; 3 BR: median AED 2,415,982 for 1,467 sqft.

The notes behind the numbers on this page