Boutique 23

Boutique 23 is a mixed-use residential tower by LMD, positioned along Al Jaddaf Waterfront in Dubai, with a scheduled completion of June 2026. At 35 per cent through construction, the project is currently sold out.

# The tower and its setting in Al Jaddaf Waterfront

Al Jaddaf sits where Dubai Creek bends south, placing it equidistant between the old commercial core of Deira and the newer business districts further down Sheikh Zayed Road. The neighbourhood has attracted a particular kind of development over the past decade: cultural institutions, boutique hospitality, and mid-scale residential buildings that trade on waterfront proximity rather than sheer height.

Boutique 23 fits that pattern. A single building on a compact footprint, it occupies a stretch of the waterfront where ground-floor retail feeds into a podium structure before the residential floors begin. LMD has kept the scheme relatively tight in scale, which suits the character of Al Jaddaf better than a tower designed to dominate a skyline.

Construction stands at 35.1 per cent complete, with handover expected in June 2026.

# Residences, layouts and finish

The available unit data for Boutique 23 is limited at this stage, with specific sizes, configurations and pricing not publicly released. What LMD has confirmed is a modern interior specification using quality materials throughout, though full finish schedules have not been disclosed.

The building's mixed-use format means residential floors sit above a ground-floor retail level and office accommodation, a layout that tends to produce residences with cleaner separation from commercial activity than ground-up apartment schemes of a similar scale.

Service charges are set in the 13 to 15 AED per square foot range, which is a useful planning figure for buyers modelling long-term holding costs.

# Amenities on site

The amenity provision is functional rather than extensive. A swimming pool and a gym serve the residential population, alongside a children's play area. The developer references courtyard space and multi-level parking, both underground and at podium level, which addresses one of the more practical concerns in waterfront buildings where street parking is typically constrained.

For a boutique building, the amenity list is proportionate. Buyers seeking resort-scale facilities would look to larger master-planned communities elsewhere in the city.

# Al Jaddaf's position in the city

Al Jaddaf places residents within reach of several significant cultural addresses. The Dubai Culture Village and the Jameel Arts Centre are close neighbours, and Dubai Frame and the historic fabric of Al Fahidi are accessible without crossing the city. Dubai International Airport sits to the north-east, making the district a practical base for frequent travellers.

The area is still mid-development, which carries the usual dual character of ongoing construction noise alongside the medium-term potential that comes with a district that has not yet fully matured.

# The buyer profile this project addresses

Boutique 23 suits a particular type of purchaser: someone drawn to a central, culturally engaged part of the city who does not require a large residential complex around them. The compact format and modest amenity stack suggest an urban buyer, likely an end-user or a longer-term investor comfortable with a June 2026 delivery horizon, rather than someone seeking immediate rental yield or a flagship address.

The project is currently sold out, so the immediate question for interested buyers is whether secondary-market inventory emerges as completion approaches. At 35 per cent construction progress, that window is narrowing.