LMD: a foreign developer entering Dubai, and what carries over
A developer with a record built in another market, now building in Dubai. Which parts of an overseas track record are real evidence here, and which are not.
Taiyo Residences
Wasl Gate · LMD
Project factsheet
Developer LMD
Status Under construction
District Wasl Gate
Layouts 1, 2 and 3 bedrooms
Handover Q1 2028
Photos and renders of the building and grounds — not of this particular unit.
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Layouts and the handover date come from the sales-launch announcement; the date of that announcement is shown next to the prices. It is what the developer claimed at launch, not a registry record — off-plan, phasing and dates get revised. I will send the current ones over WhatsApp.
Developer prices
The developer's last quote in our materials is dated 25 August 2025, which is more than 6 months old, so the sums are not shown here. I will send the current price list and availability over WhatsApp.
- Payment plan
- 60/40 with a 2-year post-handover plan
- Handover
- Q1 2028
- Developer
- LMD
Figures come from the developer's own materials sent to brokers, dated 25 August 2025. The commentary behind them is written up in the Russian version of this page.
About the building
A residential building in Wasl Gate, currently under construction. Developer — LMD.
Specifications for Taiyo Residences as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.
About the project
Taiyo Residences is a residential building in Wasl Gate, handover is due Q1 2028.
The developer is LMD.
Layouts, according to the sales-launch announcement — 1, 2 and 3 bedrooms.
There is not a single lot in this project in the database right now — it is refreshed every night, and listings here appear and go.
Where it is
The pin is placed by district — I send the exact address on request.
Nothing in the stock for this project right now
The stock refreshes every night, and lots here appear and go. Message me — I will check the closed bases and suggest the nearest alternatives in Wasl Gate.
Ask about this project Handover payment
A mortgage covers the final instalment
The final payment on this building falls in 2028 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppFrequently asked about Taiyo Residences
Who is the developer of Taiyo Residences?
LMD.
When is Taiyo Residences handed over?
The sales-launch announcement says Q1 2028. The date in the contract for a particular unit can differ — I check it before the deal.
What layouts are there in Taiyo Residences?
1-bedroom, 2-bedroom and 3-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Where is Taiyo Residences?
Al Wasl. The old Dubai residential belt between Jumeirah and Downtown: villas, low-rise, and some of the best schools in the city.
How much does an apartment in Taiyo Residences cost?
There are no open listings for this building in the database right now. I will check the price for a particular layout against the closed databases and send it with the deal costs worked out.
In the news
What has been written about Wasl Gate, the developer and off-plan
How a Dubai launch price list is built, and how to read one
A launch sells out in an afternoon, which is exactly the problem: the buyer has the least time to think at the moment the most is being decided. What the price list is actually telling you, and which columns matter.
Danube Properties: the 1% payment plan, read carefully
The developer that made the monthly instalment its main product. How the 1% plan actually works, what it does not include, and what to verify before committing to sixty payments.
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram