LMD
LMD’s value play at Wasl Gate: studios to three-bedroom apartments from 377 sq ft, broker-quoted from AED 585,000, in a master community on Sheikh Zayed Road with a metro station at the gate.
LMD publishes no price list and the portal carries no listing for Taiyo Residences, so the starting price, size range and completion date come from broker material and are labelled as such; the payment plan is quoted differently by different brokers, which is noted on this page rather than smoothed over. Confirm every figure, and which release you are buying into, with LMD or its appointed brokers.
Wasl Gate is a master community on the Sheikh Zayed Road corridor at Jebel Ali, built by Wasl and best known for being genuinely connected: the Energy metro station is at the gate, Ibn Battuta mall is a short drive, and the road takes you to Dubai Marina in about fifteen minutes. LMD’s Taiyo Residences is one of the residential buildings inside it, and it is the cheapest way into the developer’s Dubai portfolio.
The product is unashamedly entry-level: studios from around 377 sq ft and up, one, two and three-bedroom apartments, with the largest units at roughly 1,376 sq ft. Prices start below AED 600,000, which in a metro-connected community just over the road from Dubai Marina is the whole pitch.
What to weigh. First, work out which release you are being sold. LMD sells Taiyo in phases, including a later release marketed as The Collection at Taiyo with its own starting price, and brokers quote completion as either Q1 2028 or Q4 2027 depending on which one they are referencing. Ask for the specific unit, floor and building phase in writing before comparing prices.
Second, the payment plan. Brokers describe it as 20% at booking, 30% during construction and the balance over up to two years after handover — which is a post-handover plan, not a conventional 60/40, and the distinction matters enormously if you are relying on rental income. Ask for the schedule in the sale and purchase agreement and check the percentage that falls due after key handover, not before.
Third, the yield arithmetic. A studio at the bottom of this range let at Jebel Ali rents will produce a gross figure that looks attractive against a sub-AED 600,000 price, but the service charge in a master community with a shared pool and gym is not trivial, and the building will be competing with a lot of other studios in Wasl Gate and Discovery Gardens. Ask for the service charge per square foot and for three current rental comparables in the same community.
Fourth, location within the community. Wasl Gate is large, and buildings within it differ on distance to the metro, the retail centre and the road. On an entry-price unit, the position of the building is often worth more than the floor.
Compiled November 2026 from broker and launch-partner listings for Taiyo Residences, LMD’s published Dubai project statements, and Wasl Gate community information. LMD has no Dubai project website and publishes no price list; the listing portal carries no listing. Prices, sizes, plans and dates are broker-quoted and labelled as such, and the two published completion dates are flagged on this page.
The published range is studios through to three-bedroom apartments, from about 377 sq ft to 1,376 sq ft. Brokers quote the studio at roughly 35 sq m (about 377 sq ft), with one, two and three-bedroom units up to the top of that range.
| Type | Size (broker-quoted) | From |
|---|---|---|
| Studio | c. 377 sq ft (35 sq m) | AED 585,000 |
| 1 bedroom | c. 60 sq m | Ask for current release |
| 2 bedroom | c. 93 sq m | Ask for current release |
| 3 bedroom | up to 1,376 sq ft | Ask for current release |
At AED 585,000 for a 377 sq ft studio the rate is about AED 1,550 per square foot, which is entry-level for a metro-connected Dubai address. The larger units price differently — ask for the rate per square foot by type rather than assuming the studio rate holds across the building, because on this sort of product it usually falls as the units get bigger.
Ask, too, about the difference between the standard Taiyo releases and The Collection at Taiyo, which is marketed separately with its own starting price and unit schedule. They may be the same building phasing or different plates entirely; the broker’s brochure should say, and if it does not, treat that as the first question.
Brokers describe a 20% booking payment, 30% during construction and the balance settled after handover over up to two years. That is a very different structure from the 60/40 plans common on Dubai launches, and it changes who the buyer should be: it is easier for someone buying to let, and harder to model if you need the developer’s money out of the deal early.
| Stage | Share (broker-quoted) | Note |
|---|---|---|
| On booking | 20% | At reservation |
| During construction | 30% | Instalments to completion |
| After handover | c. 50% | Spread over up to two years, per brokers |
Two points to pin down. First, the exact number of post-handover instalments and whether they carry a charge — post-handover plans sometimes do, and it is rarely in the headline. Second, whether the plan is developer-funded or arranged through a bank partner; if it is the latter, the approval is part of the timeline.
On a sub-AED 600,000 studio, a 20% booking payment is around AED 117,000 — genuinely accessible. The discipline is to model the post-handover balance alongside the service charge and any rent guarantee assumptions, because that is where entry-level investors usually discover the plan was not as light as it looked.
Taiyo is a building inside a master community, so the amenity question has two halves: what the building has, and what Wasl Gate provides.
LMD has not published a detailed amenity schedule for the building, and at this price point it is worth checking exactly what is included rather than assuming a full package. Ask whether the pool and gym belong to Taiyo or to the wider community, because that decides whether their cost sits in your service charge or in a separate community levy.
Wasl Gate sits on the Sheikh Zayed Road corridor at Jebel Ali First, between Dubai Marina and Ibn Battuta, with the Energy metro station on the community’s doorstep. That combination — a Red Line station, a major road and a mall nearby — is the reason the area works for tenants who commute into the Marina, JLT or the Media City cluster.
The trade is that this is a peripheral address in market terms: rents and prices are lower than the Marina because the address is Jebel Ali, not because the buildings are worse. For a buyer that is the point — you are buying the location’s discount, and you are betting that the corridor closes some of the gap as the Expo and Dubai South development continues.
Practically, check the walk to the metro from the specific building rather than from the community gate. Wasl Gate is large enough that “metro at the gate” can mean a ten-minute walk or a two-minute one depending on the plot.
A residential building by LMD inside the Wasl Gate master community at Jebel Ali First, Dubai, offering studios to three-bedroom apartments from about 377 to 1,376 sq ft.
LMD (Landmark Sabbour Development), through Continental Investments LMD. Wasl Gate itself is a Wasl master community.
Brokers quote from AED 585,000 for a studio of about 377 sq ft, roughly AED 1,550 per square foot. LMD publishes no price list and the portal carries no listing.
Brokers quote either Q1 2028 or Q4 2027 depending on the release. Confirm which phase your unit is in and get the contractual date.
Brokers describe 20% at booking, 30% during construction and the balance over up to two years after handover. Ask for the schedule in the sale and purchase agreement, including any charge on the post-handover portion.
A later release marketed separately within Taiyo, with its own starting price (around AED 675,000) and unit schedule. Ask the broker which building or plate it refers to.
A shared pool and gym in the building plus Wasl Gate's community retail, landscaping and metro access. LMD has not published a detailed schedule, so confirm what is included.
On Sheikh Zayed Road at Jebel Ali First, with the Energy metro station at the community gate, Ibn Battuta Mall nearby and Dubai Marina about fifteen minutes away.
The entry price is genuinely low for a metro-connected address and the post-handover plan is easier to carry than a 60/40. The risks are the depth of studio supply in the corridor and a service charge that can flatten a small unit's yield. Ask for three rental comparables before you decide.
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