LMD UAE launches AED 400 million Taiyo Residences in Dubai during International Property Show 2025 - Middle East Business News and Information
Located at Wasl Gate, the residential project is set for handover in Q1 2028
Dubai, UAE: LMD, a real estate developer with a diverse portfolio spanning the UAE, Egypt, Spain, and Greece, today unveiled Taiyo Residences in Dubai during the International Property Show 2025.
Built around the philosophy of light and space, the AED 400 million residential development located at Wasl Gate is slated for handover in Q1 2028. The concept of 'Designed by Light' drives the architectural vision of the project, with every detail meticulously crafted to harness the power of natural illumination. This design approach fosters serene, tranquil living environments where light seamlessly integrates with space, enhancing the overall resident experience.
Commenting on the launch, Hamad Al Abbar, Managing Partner of LMD UAE stated: 'Taiyo Residences goes beyond real estate. It's a lifestyle sculpted by light. We are thrilled to introduce a project that offers premium living spaces while fostering a sense of connection and community. With its thoughtful design and integration of both outdoor and indoor amenities, Taiyo symbolizes our commitment to providing spaces that enhance both well-being and quality of life.'
Taiyo Residences features 379 thoughtfully designed units, including studios, one-bedroom, two-bedroom, and three-bedroom apartments. The design impeccably blends both indoor and outdoor spaces, ensuring year-round comfort and convenience for residents.
A wide range of amenities is available to support every aspect of modern living, from fitness and wellness to recreation and relaxation. Residents can enjoy state-of-the-art indoor and outdoor gyms, a lap pool, a beach pool, and a kids' pool, a kids' area as well as an outdoor martial arts studio and a paddle court.
For socializing and entertainment, the development offers a BBQ area, gaming lounge, table tennis, billiards, and a PlayStation zone. In addition, dedicated wellness spaces include co-working areas, a quiet zone, reading lounges, and a coffee bar, all designed to enhance the resident experience.
Taiyo Residences offers excellent proximity to key destinations. Residents can easily reach the Energy Metro Station, Festival Plaza, mosques and churches in just 2-5 minutes. For those driving, major attractions such as Ibn Battuta Mall, Palm Jumeirah, Dubai Marina, and Mall of the Emirates are just 5-10 minutes away, providing convenient access to shopping, entertainment, and leisure.
Ascending with quiet confidence, Taiyo Residences' façade is an impressive display of thoroughly crafted elegance. Its subtle interplay of glass, steel, and earth tones hints at the bespoke world within, earning it the distinction of being a precursor to a curated lifestyle. Floor-to-ceiling windows reflect the changing hues of the sky, while spacious balconies in the distance extend an invitation to step out and soak in breathtaking panoramic views.
Visit LMD UAE at the International Property Show 2025, Dubai World Trade Centre from April 14 to 16 — Sheikh Saeed Hall 2, Booth B40 — to explore Taiyo Residences and other projects.
About LMD:
Founded in 2007, LMD has redefined the real estate landscape with transformative residential and commercial projects across Dubai, Egypt, Spain, and Greece. With a commitment to community-centric experiences and innovative design, LMD has taken conventional real estate norms to the next level, delivering iconic mixed-use developments and unparalleled living spaces.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mid East Info
17 hours ago
- Mid East Info
Line Investments & Property Heats Up the Season with the UAE's Biggest Summer Shopping Carnival – Your Passport to Prizes!
31 Days of Rewards Across 12 Malls in Abu Dhabi, Al Ain & Al Dhafra Spend AED 200 to win 5 Chevrolet Spark EUV – Shop, stamp your passport & Win 40 travel packages! Enjoy Global-Themed Experiences, Cultural Activations, Live Entertainment, and Exclusive Offers Abu Dhabi, UAE: Line Investments & Property SP LLC, the shopping mall development and management arm of Lulu International Holdings Ltd, has officially launched the much-anticipated Summer Shopping Carnival, a month-long retail festival set to transform the shopping experience across 12 malls in Abu Dhabi, Al Ain, and Al Dhafra from 30 May to 29 June 2025. The Summer Shopping Carnival is designed to celebrate community, culture, and commerce by offering an immersive retail experience combining exclusive promotions, cultural festivities, and life-changing raffle draws. Shoppers who spend AED 200 or more at any participating outlet can register their receipts and enter a digital raffle draw for the chance to win brand-new Chevrolet Spark EUV presented by Bin Hamoodah Auto, the campaign's title partner. In addition to this, they will receive a Mall Passport with exclusive offers from participating malls. While exploring entertainment and retail options, they can collect five stamps from different malls to enter a draw for all-inclusive travel packages from Nex World Travel and Tourism LLC. Commenting on the initiative, Wajeb Al Khoury, Director of Line Investments & Property, stated: 'The Summer Shopping Carnival is not only a celebration of summer, but a reflection of our commitment to delivering vibrant and rewarding experiences for the communities we serve. By combining global cultural themes, attractive prizes, and family-focused entertainment, we aim to reinforce our position as a leading force in the region's retail landscape.' Each participating mall will feature a distinct cultural theme, providing shoppers with a glimpse into traditions from around the world. Al Wahda Mall, Al Raha Mall, and Mushrif Mall will highlight European festivals, while Al Foah Mall and Al Falah Central Mall will celebrate UAE and GCC heritage. Khalidiyah Mall will present an Egyptian theme, Madinat Zayed Shopping Centre will showcase Chinese traditions, Forsan Central Mall and Barrari Outlet Mall will bring to life Middle Eastern culture, and Mazyad Mall and Al Dhafra Mall will feature a blend of Asian and Middle Eastern experiences. Biju George, General Manager of Line Investments & Property, shared: 'The Summer Shopping Carnival reflects our vision to transform malls into vibrant community destinations. By combining exciting rewards, global cultural themes, and engaging entertainment, we are creating experiences that go beyond traditional shopping. This initiative is about building connections, enriching everyday moments, and offering our visitors more reasons to return — again and again.' Ayman Al Bijawi, Director of Sales & Marketing at Bin Hamoodah Auto, added,'We're proud to partner with Line Investments & Property for this year's Summer Shopping Carnival, an initiative that brings communities together and highlights innovation in customer experience. As part of this campaign, we're showcasing the all-new electric Chevrolet Spark EUV from Bin Hamoodah Auto, a vehicle that represents the future of smart, sustainable mobility. With its zero-emissions performance, modern design, and advanced technology, the Spark EUV reflects our commitment to driving innovation and delivering real value to our customers.' 'Our partnership with Line Investments & Property for the Summer Shopping Carnival reflects a mutual commitment to enriching communities through immersive, value-driven experiences,' said Mohmmed Yahya, Chairman of Nex World Travel and Tourism LLC. 'At Nex World, we create journeys that connect people, cultures, and dreams. This is why this initiative aligns perfectly with our mission to deliver travel experiences that are purposeful, memorable, and globally inspired.' This initiative reflects Line Investments & Property's ongoing mission to innovate across the shopping centre ecosystem through strategic marketing and experiential retail. Media Backgrounder/Boilerplate: Line Investments & Property L.L.C Line Investments & Property L.L.C, the shopping mall development and management arm of the Abu Dhabi based Lulu International Holdings Ltd, oversees the operations of an impressive line-up of malls in the Middle East Countries & India. With extensive experience in retail business ventures across the GCC, the in-house manpower expertise takes projects from concepts stage, sourcing strategic locations, design and development, as well as marketing and operating the projects in their portfolio. As leaders in the shopping mall sector offering full 360-degree retail solutions, Line Investments & Property LLC overlooks malls in various countries with numerous new properties being planned in new cities and markets.
Mid East Info
17 hours ago
- Mid East Info
AMWAJ DEVELOPMENT UNVEILS GATE ELEVEN – DUBAI'S NEW ULTRA-LUXURY LIVING STANDARD IN MEYDAN - Middle East Business News and Information
AMWAJ Development, a distinguished name in crafting high-end residential and mixed-use communities in Dubai's real estate landscape, announces the launch of Gate Eleven Residences, a landmark project redefining luxury living in the prestigious Mohammed Bin Rashid (MBR) District 11, Meydan. This third and most ambitious project marks a new chapter in the company's rapidly expanding portfolio, which is set to deliver over 2.5 million square feet of premium residential space by 2026. 'Gate Eleven represents our most ambitious project to date, and it is a testament to our dedication to meeting the evolving needs of Dubai's growing luxury real estate market,' said Emad Saleh, Chairman of AMWAJ Development. 'We believe this development will provide residents with a truly exceptional lifestyle while also solidifying AMWAJ Development as a trusted name in Dubai's real estate market known for delivering quality and value' Strategically positioned just minutes from Downtown Dubai, the Dubai Mall, and Dubai International Airport, with direct connectivity to Al Ain Road, Gate Eleven is an oasis of refined living amidst the city's vibrant heartbeat. Overlooking pristine lagoons and green parklands, it offers both tranquillity and accessibility in one of Dubai's most sought-after residential districts. Strategic growth & vision: With over AED 500 million invested in the past two years, AMWAJ Development is targeting a milestone of AED 1 billion by 2026. The company has three new project launches planned for 2025, reinforcing its commitment to thoughtful expansion and design-led innovation. Its first two developments, Starlight Park and The Cube Residences, achieved record sell-outs with early handovers planned, collectively valued at over AED 400 million. 'We are thrilled to launch Gate Eleven as a continuation of our vision to elevate the standard of modern living in Dubai,' said Murad Saleh, CEO of AMWAJ Development. 'Our commitment to quality, sustainability, and innovative design is reflected in every aspect of this project, and we are confident it will set new benchmarks for luxury living in Meydan.' A new benchmark in smart, sophisticated living: Gate Eleven features a curated collection of elegant one- and two-bedroom apartments across a low-rise six-floor layout. Designed for both families and individuals, each unit boasts premium finishes, expansive layouts, and integrated smart home technology for seamless control of lighting, climate, and security. The project's community-centric design reflects AMWAJ's vision for building dynamic, connected neighbourhoods that foster both wellness and social connection. 'At AMWAJ, we aim to create communities that are not just about luxury but about elevating the overall living experience,' said Aida El Shahabi, COO of AMWAJ Development. 'Gate Eleven integrates state-of-the-art technology with timeless design to offer residents a smart, convenient, and elegant lifestyle. We are excited to introduce this project as the future of living in Meydan.' World-class amenities: Residents of Gate Eleven will benefit from a thoughtfully curated suite of lifestyle and wellness offerings, including: Amenities: Infinity pool, gym, sauna, table tennis, boxing studio, gaming room, boho garden, yoga studio, lobby lounge, kids area and kids art studio, and pool table. Retail amenities: Restaurant, pharmacy, café, market, nail studio, barber shop, wellness centre, pet shop. Powered by strategic partnership – Zed Capital Real Estate: AMWAJ has partnered with Zed Capital Real Estate as its exclusive strategic sales and property management partner. Headed by renowned property expert Zeina Khoury, Zed Capital brings deep industry expertise and full-spectrum real estate services ranging from registration and SPA processing to leasing, snagging, handover coordination, and long-term property management. 'With a client-first approach and market-leading knowledge, Zed Capital ensures every stage of the buyer journey is managed with precision and care. We're proud to have them represent Gate Eleven in the market,' added Murad Saleh. A prime investment opportunity: AMWAJ is offering an investor-friendly and attractive 50/50 payment plan, with 50% due during construction and the remaining 50% on handover, scheduled for Q4 2027. With starting prices from AED 1.2 million for a one-bedroom unit, Gate Eleven presents a rare opportunity for end-users and investors seeking strong ROI and long-term value in a thriving luxury market. The time to invest is now: With Dubai's real estate market continuing its healthy upward trajectory, and property values expected to potentially double in the coming years, Gate Eleven stands out for its location, quality, and long-term appreciation potential. Compared to global markets like New York, London, and Singapore, Dubai offers greater room for appreciation, making it a highly attractive destination and the ideal time to invest. ABOUT AMWAJ DEVELOPMENT: AMWAJ Development is a fast-growing real estate developer in the United Arab Emirates. Its founders and management team have over 27 years of international experience in Europe and the Middle East. AMWAJ Development focuses on the construction and sale of residential and commercial projects with a commitment to deliver luxurious, contemporary family-centric living spaces in Dubai's most popular neighbourhoods. AMWAJ Properties focuses on the development and sale of residential and commercial properties committed to delivering high-quality, green spaces and innovative real estate solution in Dubai. AMWAJ Living Solutions offers after-sales services to maintain and enhance the living experience through several bespoke services including interior design and apartment customisation. AMWAJ Facilities Management ensures the optimum operation and care for the community including building and facilities maintenance, hygiene, landscaping, security, and utilities management. AMWAJ Development's mission is to redefine Dubai's luxury mid-market residential segment by delivering innovative and eco-friendly communities that set new standards for living excellence. The company is committed to creating landmark projects that offer luxurious, contemporary residences with high-quality finishing and smart technologies. Through its developments, it aims to create a cosmopolitan community that thrives on community spirit and environmental friendliness, adding significant value to the living experience and the property for both residents and outsiders. Since 1997, its founders have been at the forefront of design and construction, having delivered residential and commercial properties across Europe and the Middle East. Its success and legacy is in the artistry of its craft to deliver unparalleled quality and innovation. As it steps into Dubai's growing real estate market, its journey continues and is marked by a dedication to shaping a future that respects the environment, offers meticulously designed living experiences, and enhances the overall communities where it develops.
Mid East Info
17 hours ago
- Mid East Info
UAE Transfer Pricing Rules Bring Director Salaries Under New Scrutiny Says ADJC - Middle East Business News and Information
As businesses across the UAE adjust to the Corporate Tax (CT) regime, ADJC is urging companies to revisit how they remunerate directors, particularly those who may be classified as related parties. Under the new rules, director salaries fall within the scope of Transfer Pricing (TP) scrutiny—an area many businesses are now navigating for the first time. 'The UAE's transfer pricing framework is fully aligned with OECD standards, and that means companies must apply the arm's length principle to all related-party transactions—including director compensation,' said Iftikhar Kazi, Business Manager at ADJC. 'If a director qualifies as a related party, then their salary, bonuses, and benefits must be benchmarked to reflect what an independent party would accept under similar market conditions.' Under UAE CT Law (Federal Decree-Law No. 47 of 2022), related parties include individuals who own or control 50% or more of a business, directors with significant decision-making authority who are also shareholders, and in some cases, even family members. If a director falls into this category, then any payments made to them must meet arm's length criteria—typically substantiated through a benchmarking analysis or Local File documentation. 'Benchmarking director salaries is not just a compliance formality—it's a necessity,' Kazi added. 'Companies should rely on market data from sources such as Mercer, Willis Towers Watson, or regional salary surveys to ensure compensation falls within a defensible range. The Federal Tax Authority (FTA) may challenge excessive payments, especially if they fall outside the interquartile range commonly accepted in transfer pricing reports.' According to Ministerial Decision No. 97 of 2023, companies with revenue above AED 50 million—or part of a multinational group with global turnover exceeding AED 3.15 billion—must maintain contemporaneous transfer pricing documentation, including any material director compensation paid to related parties. ADJC advises UAE businesses to proactively assess their internal remuneration policies, ensure benchmarking is up to date, and prepare robust documentation to withstand potential audits. ADJC is a leading advisory firm in the UAE specializing in corporate tax, transfer pricing, and compliance advisory. With a dedicated team of experts and a deep understanding of regional regulations, ADJC supports businesses in achieving tax efficiency and regulatory clarity.
