Gulf Construction Online - Final phase of LIV Residence launched

Real Estate

LIV Residence Dubai Marina ... topped out.

Final phase of LIV Residence launched

01 January 2019

L-I-V Real Estate Development, a global family of luxurious properties, has launched the third and final phase of LIV Residence Dubai Marina, a waterfront residential tower located on one of the last prime plots of Dubai Marina.

This phase represents 40 units, including the release of the project’s two signature duplex penthouses, well positioned with its expansive panoramic views of Marina and the sea.

The project, which was one of the few launched during early 2018, has bucked the soft real estate market trend with over 75 per cent of sales achieved, totalling in excess of Dh300 million ($81.6 million) to date. Today, the developer can confirm that the 27-storey building has topped out with the recent concrete pour of its roof, and is on track for delivery ahead of Expo 2020, in the summer of 2019.

LIV Residence Dubai Marina brings a new take in luxury waterfront living with a focus on sustainability, well-being and happiness. The development offers a choice of studios, one-, two- and three-bedroom apartments, with studios starting from Dh83,7000 ($22,780) and one-bedroom from Dh1.29 million. The signature penthouses set a new standard in Marina living, with their Central Park-style terraces and spacious open interior areas. Each has been crafted with contemporary yet timeless unique Italian finishes, including rich and honed Statuario marble and gloss lacquer state-of-the-art kitchens.

L-I-V, committed to offering residents a sustainable building, has partnered with a reputed international glass manufacturer to ensure the building is both modern and energy efficient. Products used allow neutral transmitted light inside the building, thus reducing air-conditioning and energy costs and the need of artificial light.

Ishan Khwaja, director of LIV Developers, said: “We have used some of the best brands and most efficient products in LIV Residence, including German Siemens Appliances, Toto and Daikin from Japan and Kone from Finland and are proud to employ a talented workforce on the ground of nearly 600 people.”

LIV Residence Dubai Marina has attracted a mix of buyers with most demand coming from European expats, specifically high-level executives and entrepreneurs who appreciate the European flair represented in LIV’s design aesthetic. Buyers have also been attracted by convenient financing, with a payment plan of 30 per cent during construction and 70 per cent on completion, together with the speed of delivery, set for 2019.