The company has three new projects slated for 2024 in the UAE and several new developments in the pipeline worth AED 2 billion
November 06, 2023 | Staff Reporter | UAE | Developers
LIV Developers, a leading international luxury residential development company in Dubai, has announced significant progress on two of its flagship projects, LIV MARINA and LIV LUX, as well as its ambitious expansion plans in the region, with multiple new developments in the pipeline. LIV MARINA has been progressing at a record pace and has exceeded expectations by topping out well ahead of schedule. The G+44 luxury residential development, located in the most prime area of the bustling Dubai Marina, is set to be completed within the first quarter of 2025, with handovers commencing during the second quarter of the year.
LIV LUX, which began its enabling and foundation works in January 2023, has now completed all foundation works. With construction already underway, the G+47 ultra-luxury residential tower, which is the developer’s third project in Dubai Marina, is scheduled for completion in 2026. LIV Developers has undertaken the services of CRCC as the main contractor for LIV LUX. CRCC is the third largest construction contractor globally and is known for its exceptional reputation and experience in handling projects successfully and efficiently, while maintaining the utmost quality. The one-of-a-kind tower will feature a full floor of upscale facilities spanning 27,000 sq ft, including a padel court, golf putting green and outdoor cinema, which will redefine the city’s standard of luxury living.
Looking ahead, LIV Developers plans to increase its land bank portfolio in ultra-prime locations of the UAE, with values in excess of AED 2 billion. Its pipeline of projects under construction comprises three projects slated for the next year in the UAE. Part of its portfolio will include a fourth development in a prime waterfront location in Dubai Marina by the end of this year. The new location benefits from the widest waterfront plot under development in Dubai Marina, and will offer stunning panoramic waterfront views from all units, while offering a green oasis in the middle of the community. This upcoming development will offer a range of exclusive amenities with a central focus on health and wellness, catering to the evolving needs of urban residents.
Commenting on these announcements, 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 Ras Al Khaimah, we look forward to the provision of further outstanding projects in the UAE for investors and buyers in the coming years.”