New homes in The Pier Residence start at AED 1,400,000; keys are due Jun 2027; you pay 20% to book, 40% while it is built and 40% at the keys.
In the 24 months to Oct 19, 2026, Dubai Land Department recorded 130 off-plan sales of 1-bed apartments of 276 sq ft to 931 sq ft in The Pier. Their median price is AED 2,416 per sq ft (about AED 1,493,000 at 618 sq ft). This project's from price is AED 2,265 per sq ft (AED 1,400,000 for its smallest home, 618 sq ft), 6% less.
Keys
Jun 2027
The developer's handover date
Payment plan
20 / 40 / 40
20% to book, 40% while it is built, 40% at the keys
Bedrooms
1 to 3 beds
Sizes
618 to 1,958 sq ft
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 2,265 per sq ft
Similar off-plan homes: AED 2,416 per sq ft
RERA project
3110
Check it in Dubai REST, the Dubai Land Department's official app.
Built
12%
Being built. DLD register, Jun 12, 2026
Completion on the register
Dec 2026
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الفجيره الوطنى ش م ع
The bank that holds your payments
Registered homes
278
In 1 buildings
Paying for it
You pay 20% when you book, 40% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 280,000
Jan 2027
While it is built
20%
AED 280,000
Apr 2027
While it is built
20%
AED 280,000
Jun 2027
Keys
40%
AED 560,000
Booking payment, 20%
AED 280,000
Dubai Land Department fee (Oqood), 4%
AED 56,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 336,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 4 finished projects by this developer since 2015. 4 of the 4 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask LMD for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 130 off-plan sales of 1-bed apartments of 276 sq ft to 931 sq ft in The Pier, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in The Pier sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 130 off-plan sales of 1-bed apartments of 276 sq ft to 931 sq ft in The Pier, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,416 per sq ft
AED 1,835 to AED 1,963 per sq ft
4 sales
AED 1,963 to AED 2,090 per sq ft
13 sales
AED 2,090 to AED 2,217 per sq ft
17 sales
AED 2,217 to AED 2,344 per sq ft
12 sales
This project's from price is in this band.
AED 2,344 to AED 2,472 per sq ft
48 sales
AED 2,472 to AED 2,599 per sq ft
20 sales
AED 2,599 to AED 2,726 per sq ft
14 sales
AED 2,726 to AED 2,854 per sq ft
2 sales
AED 1,835 per sq ftAED 2,854 per sq ft
This project AED 2,265 per sq ft
Half of the sales sold for AED 2,184 to AED 2,504 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,835 to AED 1,963 per sq ft
4
AED 1,963 to AED 2,090 per sq ft
13
AED 2,090 to AED 2,217 per sq ft
17
AED 2,217 to AED 2,344 per sq ft
12
AED 2,344 to AED 2,472 per sq ft
48
AED 2,472 to AED 2,599 per sq ft
20
AED 2,599 to AED 2,726 per sq ft
14
AED 2,726 to AED 2,854 per sq ft
2
The 3 closest sales
Picked from the 130 similar sales above, closest in size to this project's smallest home.
Nov 2024AED 1,363,023AED 2,207 per sq ftTHE PIER, 618 sq ft
Feb 2025AED 1,325,765AED 2,147 per sq ftTHE PIER, 618 sq ft
Jan 2025AED 1,467,249AED 2,376 per sq ftTHE PIER, 618 sq ft
Sale prices from Dubai Land Department, Oct 20, 2024 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Maritime City in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,400,000 here
Off-plan medianAED 2,411,000AED 3,044 per sq ft
Sales1,736
6% below 130 similar sales
2-bed apartment
Off-plan medianAED 4,058,000AED 2,891 per sq ft
Sales797
3-bed apartment
Off-plan medianAED 6,019,000AED 3,139 per sq ft
Sales188
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
5.4%
Median rent of 1-bed apartments in Dubai Maritime City
AED 74,999 a year
Rent contracts counted
186
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 74,999 a year
2-bed apartment
AED 106,999 a year
3-bed apartment
AED 143,999 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 74,999 ÷ AED 1,400,000 = 5.4%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Al Ghubaiba Metro Station1.9 km, 9 min driveMetro station
Nikki Beach2.7 km, 11 min driveBeach
New academy school2.3 km, 8 min driveSchool
GEMS Winchester School5.8 km, 13 min driveBritish school
Jumeirah Baccalaureate School5.5 km, 11 min driveIB school
The Indian High School5.4 km, 13 min driveIndian school
City Centre Al Shindagha1.7 km, 3 min driveMall
International Modern Hospital2.5 km, 5 min driveHospital
Dubai World Trade Centre5.2 km, 11 min driveOffices
The Pier Residence is an LMD apartment project in Dubai Maritime City with one to three-bedroom homes from AED 1,400,000 and a listed handover of June 2027. Before you book, confirm two things: the ownership terms, which the listing does not state, and the payment plan, which the developer quotes in two different ways.
The listing gives a 20 / 40 / 40 plan: 20% on booking, 40% during construction and 40% at handover. At the from price that is AED 280,000, AED 560,000 and AED 560,000, so AED 840,000 before handover. The developer also quotes a 20 / 40 / 5 / 35 plan in four steps, so ask LMD which plan applies to your unit. Separately, the 4% DLD fee comes to AED 56,000; ask when it is due.
The listed handover is June 2027, about seven months away. Ask when the 40% construction payment falls due. The listing does not state the ownership type, so confirm the ownership terms with the developer. The from price is about 6.2% below 130 similar one-bedroom sales in this project (24 months to October 2026).
Homes range from one to three bedrooms and 618 to 1,958 sq ft; the developer gives about 701 sq ft for one bedroom, 1,162 for two and 1,957 for three. The facade is by Arkiplan. Homes have a smart home system, marble and quartz countertops and integrated appliances, and bathrooms use Villeroy and Boch sanitary ware. The building has a gym and a shared pool.
Oxford Medical Center is about 1.8 km away and Al Ghubaiba Metro Station about 1.9 km, around 9 minutes by car by our estimate. Nikki Beach is about 2.7 km away and Dubai World Trade Centre about 5.2 km, around 11 minutes by car.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
How prices moved
Median price of 1-bed apartments in Dubai Maritime City, over the 12 months to each dateUp 28% from Dec 2024 to Sep 2026.
Dec 2024AED 2,384 per sq ft
Sep 2026AED 3,044 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 3,044 per sq ft
1,736 sales
Jun 2026
AED 3,050 per sq ft
2,609 sales
Mar 2026
AED 3,035 per sq ft
2,794 sales
Dec 2025
AED 2,981 per sq ft
2,884 sales
Sep 2025
AED 2,888 per sq ft
2,386 sales
Jun 2025
AED 2,545 per sq ft
1,824 sales
Mar 2025
AED 2,435 per sq ft
1,777 sales
Dec 2024
AED 2,384 per sq ft
2,092 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Which payment plan applies?
The listing shows 20 / 40 / 40, but the developer also quotes 20 / 40 / 5 / 35. Get the plan for your unit in writing from LMD.
What would I pay at each step on the 20 / 40 / 40 plan?
At the from price: AED 280,000 on booking, AED 560,000 during construction and AED 560,000 at handover.
Can foreigners buy here?
The listing does not state the ownership type. Confirm the ownership terms with the developer before you book.
When is handover?
The listed handover is June 2027. Ask LMD for a construction update.
What comes with the apartment?
A smart home system, marble and quartz countertops, integrated kitchen appliances and Villeroy and Boch bathroom fittings, by the developer's description.
How far is the metro?
Al Ghubaiba Metro Station is about 1.9 km away, around 9 minutes by car by our estimate.
