UAE-As part of its regional development strategy, the leading developer of luxury projects in Dubai, Liv, has revealed intentions to launch three new projects in the country next year, totaling more than AED2 billion ($544 million).
Declaring this today, November 7, Liv noted that this is in keeping with their intention to increase the portfolio of land banks in ultra-prime locations throughout the United Arab Emirates. By year’s end, it will have added a fourth development to its portfolio, this time on a magnificent waterfront plot in Dubai Marina.
The new location will provide a green oasis in the center of the community and offer panoramic views of the waterfront from every unit. It also benefits from the biggest waterfront plot currently under development in Dubai Marina.
With a primary focus on health and wellness, this future development will provide a range of upscale amenities to meet the changing demands of urban dwellers.
Liv provided a project update, stating that construction is currently underway on two of its flagship projects in Dubai, Liv Marina and Liv Lux. Liv Marina, a G+44 luxury residential complex, is expected to be finished in 2025, while Liv Lux, a G+47 ultra-luxury residential tower, is expected to be finished in 2026.
The developer reports that Liv Marina is topping out considerably ahead of schedule and has been moving forward at a record-breaking rate.
The company added that the handovers will start in Q2 2025 and that this outstanding accomplishment is evidence of Liv Developers’ continuous dedication to quality and efficiency across its portfolio.
Liv Lux has finished all of the foundation work, having started its enabling and foundation work in January 2023.
The G+47 ultra-luxury residential skyscraper is Liv’s third building in Dubai Marina, and CRCC, the third-largest construction contractor in the world, is the project’s principal contractor.
The unique skyscraper will revolutionize the city’s definition of luxury living with its full level of opulent amenities measuring 27,000 square feet, which will include a padel court, golf putting green, and outdoor cinema.
On the new launches, Ishan Khwaja, Director of Liv Developers said: “As we celebrate the remarkable progress of Liv Marina and Liv Lux, we continue to witness a supreme demand for waterfront luxury residences across the region.”
“Our upcoming project in Dubai Marina, which will be released by the end of the year, boasts a very unique and never-before-seen mix of waterfront units in the area. With a tenacious pipeline and new acquisition opportunities in Dubai, Abu Dhabi and RAK, we look forward to the provision of further outstanding projects in the UAE for investors and buyers in the coming years,” he added.
