LIV Developers launches LIV Lux in Dubai Marina
The penthouses will span between 7,000 and 15,000sqft and will feature extensive facilities, the developer said
Luxury residential developer LIV Developers has launched its newest project, LIV Lux, which is billed as an ultra-luxury residential tower in Dubai Marina. The tower will be located across from the Le Royal Meridien and Ritz Carlton Hotels and will be 47 storeys tall.
In a statement, LIV said that the development will feature state-of-the-art amenities and resort-style facilities. It will offer one-, two-, three-, and four-bedroom apartments, as well as duplex penthouses. It will cater to buyers looking to live in prime locations, as well for those seeking real estate investment with high rental yields, the developer stated.
“We are excited to announce the launch of our third project in Dubai Marina, LIV Lux. There is no doubt that the real estate sector in Dubai is booming. After witnessing outstanding results and record-high transactions in the past year, the demand for Luxury and super-Luxury residences in Dubai continues to grow. We have chosen to build LIV Lux in Dubai Marina after seeing the tremendous success of our latest project of 2022, Liv Marina, which has sold out in record time,” said Ishan Khwaja, Director, LIV Developers.
In late October 2022, Sobha Realty launched its first signature residential tower project in Dubai.
He added, “These outstanding developments consistently re-affirms Dubai Marina as the top choice location for investors and buyers.”
The developer said the project will introduce the Signature and Penthouse Collections, with half the units available comprising of LIV’s Signature Collection. The LIV Lux Penthouses will span between 7,000 and 15,000sqft and will feature private art galleries, outdoor jacuzzis, zen gardens, and infinity edge pools on private terraces.
The penthouses will also feature six-metre-high ceilings, with views of Palm Jumeirah and the Arabian Gulf, while there will also be outdoor entertainment spaces.
In early November 2022, Alpago Properties said its luxury Palm Jumeirah penthouse will cost $68.06mn.
Anchoring the building at the top two levels, the SuperLux penthouse is said to be Dubai Marina’s first of its kind penthouse, and will be priced at US $20.4mn. The bespoke residence comprises two full floors totaling 15,270sqft. With a nine-meter infinity swimming pool on its terrace, six-metre double height ceilings, and significant entertainment space, the penthouse will stand amongst the finest in the world, the developer claimed.
The one-of-a-kind property has a private art gallery to hold owners’ private art collections, as well as a cinema, library, and piano lounge, the developer concluded.
In early November 2022, Binghatti and Jacob & Co unveiled an ultra-luxury focused residential tower in Dubai.