Luxury residential development firm LIV Developers has announced that construction of LIV LUX has commenced in Dubai Marina.
In a statement, the developer said that the G+47 ultra-luxury residential tower is expected to be ready for handover by Q3 2026, and will offer residents and investors state-of-the-art amenities, sea views, smart homes, and resort-style facilities.
The luxury residential project was originally announced in early December 2022.
The project will offer a range of one-, two-, and three-bedroom luxury apartments, as well as the developer’s signature duplex penthouses, which come with sophisticated and modern touches as designed by Atkins, the designers behind Burj Al Arab, Dubai Opera, and Marsa Al Arab of the Jumeirah Beach Hotel extension.
Commenting on the announcement, Ishan Khwaja, Director of LIV Developers said, “We are excited to begin construction on LIV LUX, our third residential project in the heart of Dubai Marina. The demand for luxury and super-luxury residences in Dubai is booming with sales for LIV LUX on pace with our previous luxury residential project, LIV Marina. We look forward to reaching key milestones on our journey to seeing the finished product that is set to be the newest crown jewel of Dubai Marina.”
He added that the property will house a dedicated amenities floor spanning across 27,000sqft including a 27m lap pool, padel court, golf putting green, conference facilities, outdoor cinema, and private residents’ beauty salon.
Bespoke and beach-facing, the developer’s Signature and Penthouse units will enjoy complimentary beach access to Dubai’s largest beach resort in Dubai Marina. The latest in Smart Home technology will also be deployed in select units, allowing for programmable lighting, AC, and controls for appliances and water features all from the convenience of your smartphone or laptop, the developer noted.
In late December 2022, Al Habtoor Group launched projects worth $2.59bn.
The statement added that LIV LUX will also allow new concepts for property buyers, such as the option to purchase furniture packages, allowing for convenient fit-out of bespoke furniture, increasing the rental yields for investors or allowing for seamless and hassle-free move in.
In early January 2023, Realiste predicted that Dubai’s real estate boom would continue in 2023.