L-I-V Real Estate Development has announced the successful completion of the first sales phase of its flagship development in Dubai, a 28-story high-rise called LIV Residence Dubai Marina, less than six weeks after its launch.
The developer said in a statement that it has now released the second phase of the project to introduce a wider range of unit types to the market.
These include a collection of two-bedroom units with full marina views, starting at AED1.79 million (US$490,000).
LIV Residence Dubai Marina is located on the last prime plot of Dubai Marina and features a choice of studios, 1-, 2- and 3-bedroom apartments and penthouses, with studios starting from AED749,000 (US$215,080). It is scheduled for completion in the second quarter of 2019.
To boost sales, L-I-V is also offering a luxury element to the LIV lifestyle, with an exclusive 5-star beach and tennis membership at Le Royal Meridien Beach Resort and Spa, which is walking distance from LIV Residence Dubai Marina, included with the purchase of an apartment.
Latif Habib, CEO of L-I-V Developers said, “The sell-out success of LIV Residence Dubai Marina’s first phase illustrates the strong demand for this key waterfront location, matched with a competitive price point, with immense attention to all design details. The combination of both has attracted a healthy mixture of end users and investors of all nationalities."
The statement said construction is currently ahead of schedule, with the completion of four levels of basement and three levels of podium, which contain many of the building amenities, such as retail units, lobby, pool, gym and the residents’ gardens areas.
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