Missing Laravel 5.8 vendor folder on docker

I'm trying to run a laravel application on a docker.

#Dockerfile
FROM php:7.4-fpm-alpine

RUN docker-php-ext-install pdo pdo_mysql
RUN docker-php-ext-enable pdo_mysql

#docker-compose.yml

version: '3'

networks: 
  laravel:

services: 
  mysql:
    image: mysql:8
    container_name: mysql
    restart: unless-stopped
    tty: true
    ports: 
      - "3306:3306"
    environment: 
      MYSQL_ROOT_PASSWORD: 'secret'
      MYSQL_DATABASE: 'docker-test'
      MYSQL_USER: 'root'
      MYSQL_PASSWORD: 'secret'
      SERVICE_NAME: mysql
      SERVICE_TAGS: dev
    networks:
      - laravel
  nginx:
    image: nginx:stable-alpine
    container_name: nginx
    ports: 
      - "8088:80"
    volumes: 
      - ./src:/var/www/html
      - ./nginx/default.conf:/etc/nginx/conf.d/default.conf
    depends_on:
      - php
      - mysql
    networks:
      - laravel
  php:
    build:
      dockerfile: Dockerfile
      context: .  
    container_name: php
    ports:
      - "9000:9000"
    volumes: 
      - ./src:/var/www/html
    networks:
      - laravel
  composer:
    image: composer:1.9
    container_name: composer
    volumes: 
      - ./src:/var/www/html
    working_dir: /var/www/html
    depends_on: 
      - php
    networks: 
      - laravel

When I run docker compose run --rm composer create-project laravel/laravel . "5.8.*". This is the output I'm getting:

[+] Creating 1/1
 ✔ Container php  Recreated                                                                                                                                4.6s 
[+] Running 1/1
 ✔ Container php  Started                                                                                                                                  2.2s 
Warning from https://repo.packagist.org: Support for Composer 1 is deprecated and some packages will not be available. You should upgrade to Composer 2. See https://blog.packagist.com/deprecating-composer-1-support/                                                                                                         
Info from https://repo.packagist.org: #StandWithUkraine
Installing laravel/laravel (v5.8.35)
  - Installing laravel/laravel (v5.8.35): Downloading (100%)
Created project in .
> @php -r "file_exists('.env') || copy('.env.example', '.env');"
Loading composer repositories with package information
Warning from https://repo.packagist.org: Support for Composer 1 is deprecated and some packages will not be available. You should upgrade to Composer 2. See https://blog.packagist.com/deprecating-composer-1-support/                                                                                                         
Info from https://repo.packagist.org: #StandWithUkraine
Updating dependencies (including require-dev)

Yes, that's all it is. I run composer install but I'm only getting

[+] Creating 1/0
 ✔ Container php  Running                                                                                                                                  0.0s 
Loading composer repositories with package information
Warning from https://packagist.org: Support for Composer 1 is deprecated and some packages will not be available. You should upgrade to Composer 2. See https://blog.packagist.com/deprecating-composer-1-support/                                                                                                              
Updating dependencies (including require-dev)

I'm getting an error when I use composer:latest in docker-compose.yml

[+] Building 24.9s (5/7)                                                                                                                         docker:default
[+] Building 25.1s (5/7)                                                                                                                         docker:default
 => => transferring dockerfile: 143B                                                                                                                       0.1s 
 => [php internal] load metadata for docker.io/library/php:7.4-fpm-alpine                                                                                  4.8s 
 => [php auth] library/php:pull token for registry-1.docker.io                                                                                             0.0s 
 => CACHED [php 1/3] FROM docker.io/library/php:7.4-fpm-alpine@sha256:0aeb129a60daff2874c5c70fcd9d88cdf3015b4fb4cc7c3f1a32a21e84631036                     0.0s
 => [php 2/3] RUN docker-php-ext-install pdo pdo_mysql                                                                                                    19.9s
 => => # (5/26) Installing autoconf (2.71-r0)
 => => # (6/26) Installing pkgconf (1.8.1-r0)
 => => # (7/26) Installing dpkg-dev (1.21.8-r0)
 => => # (8/26) Installing dpkg (1.21.8-r0)
 => => # (9/26) Installing libmagic (5.41-r0)
 => => # (10/26) Installing file (5.41-r0)

In CreateProjectCommand.php line 421:
  Could not find package laravel/laravel with version 5.8.* in a version installable using your PHP version, PHP extensions and Composer version.  


create-project [-s|--stability STABILITY] [--prefer-source] [--prefer-dist] [--prefer-install PREFER-INSTALL] [--repository REPOSITORY] [--repository-url REPOSITORY-URL] [--add-repository] [--dev] [--no-dev] [--no-custom-installers] [--no-scripts] [--no-progress] [--no-secure-http] [--keep-vcs] [--remove-vcs] [--no-install] [--no-audit] [--audit-format AUDIT-FORMAT] [--ignore-platform-req IGNORE-PLATFORM-REQ] [--ignore-platform-reqs] [--ask] [--] [<package> [<directory> [<version>]]]

I have no intention of updating the system, I just want to see the UI that's why I'm coming back to it.