LIV Marina is a new residential project by LIV Developers in the prestigious Dubai Marina district. The development company is encouraging procurement of materials, where possible, from high quality sources to reduce the carbon footprint of this project. At the moment the exclusive waterfront tower is under construction and the estimated date of completion is May 2025. The complex has a ground floor as well as 44 residential levels and features studios, 1, 2 and 3-bedroom apartments, as well as signature apartments with maximized waterfront and marina views.
All freehold residential units have open air balconies and floor to ceiling windows, allowing natural sunlight to stream through and uninterrupted views of the sea. There is an entire floor full of luxurious amenities in the LIV Tower, where residents can find a study / conference room, swimming pools for adults and children, virtual golf, a music room, men’s and ladies’ steam & sauna and much more. The marble lined reception with round-the-clock security, concierge and guest services is situated in the grand double height lobby.
The LIV Marina development has an exclusive location on one of the last waterfront plots in the sought after district of Dubai Marina. The residential complex is close to King Salman Bin Abdulaziz Al Saud Street and Braih Street.
Within a 10-minute drive from the residential complex is the Palm Jumeirah man-made island, the ever popular Marina Beach, the brand new Dubai Harbour which houses a world-class marina, and the Ain Dubai Ferris Wheel on Bluewaters Island. The LIV Marina development is surrounded by all the necessary infrastructure needed for daily life, including dining options, shops, business towers and supermarkets.
All residences in LIV Marina will have open and airy floor plans and will be in high demand among tenants as the Dubai Marina district is one of the most popular destinations in the emirate of Dubai due to The Beach, The Walk promenade, Skydive Dubai and other famous attractions within the area.
The average rental price for a 1-bedroom apartment in Dubai Marina constitutes AED 150,000 (USD 41,000). Therefore, the estimated ROI of the LIV Marina project with amenities creating a resort style living, will be at level of 10%. By purchasing real estate in the LIV Marina development, investors will have the opportunity to obtain a 3-year residency visa, the minimum investment of which constitutes AED 750,000 (USD 204,000).
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