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LIV Residence, Dubai Marina

LIV Residence, Dubai Marina

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Strengths

Prime Location

Luxury Amenities

Modern Design

Weakens

High Maintenance Fees

Noise Levels

Limited Parking Space

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Description

LIV Residence, Dubai Marina

Real Estate Overview

Building Overview

  • LIV Residence is an upscale residential tower located in the vibrant Dubai Marina area, known for its stunning waterfront views and lively atmosphere.
  • The building offers convenient access to major roadways, making commutes to key business districts seamless.
  • Nearby facilities include high-end shopping malls, gourmet restaurants, and leisure entertainment spots.
  • Public transport options such as the Dubai Metro and water taxis are easily accessible from the residence.

Properties Overview

  • LIV Residence features a mix of luxury apartments, ranging from one to three-bedroom units, catering to diverse lifestyles.
  • Current rental prices typically range from AED 80,000 to AED 170,000 per year, while sales prices fluctuate between AED 1.2 million and AED 3 million, depending on the unit size and view.
  • Popular units have spacious layouts with modern finishes, making them highly sought after by both renters and investors.

Market Trends

  • The real estate market in Dubai Marina has shown a steady increase in rental yields, averaging around 6-8% ROI for properties in LIV Residence.
  • In the last year, property values have appreciated by approximately 5%, indicating a strong demand for luxury living in the area.
  • Experts predict continued growth, particularly in the luxury segment, as more expatriates and investors seek high-quality accommodations.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have easy access to several supermarkets, including Carrefour and Spinneys, ensuring convenience for daily shopping.
  • Reputable international schools and nurseries are located nearby, making it a suitable choice for families.
  • Healthcare services are readily available, with clinics and hospitals such as Emirates Hospital and Medcare within a short drive.

Transportation and Accessibility

  • LIV Residence is well-served by public transportation, with the Dubai Marina Metro Station and tram services nearby.
  • The vicinity provides ample parking spaces, benefiting both residents and guests.
  • Easy access to Sheikh Zayed Road enhances connectivity to various parts of Dubai.

Lifestyle Amenities

  • The building boasts state-of-the-art fitness facilities, including a gym, swimming pool, and wellness center.
  • Residents can enjoy a range of dining options, from upscale restaurants to casual cafes within walking distance.
  • Leisure activities are plentiful with beach access, parks, and a vibrant marina promenade perfect for outdoor enthusiasts.

Builing Facilities

  • LIV Residence is equipped with high-speed elevators, ensuring efficient movement throughout the building.
  • The property features 24/7 security services for added peace of mind, along with concierge and maintenance support.
  • Centralized air conditioning provides a comfortable living environment throughout the year.

Special Services

  • A dedicated concierge service is available to assist residents with various needs, enhancing the overall living experience.
  • The building may also offer business centers, meeting rooms, and event facilities for residents and professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • LIV Residence offers various floor plans, including open layout designs for modern living and spacious terraces for extra comfort.
  • Options include one-bedroom apartments ideal for singles or couples, and larger three-bedroom apartments for families.

Things to Consider

  • Potential tenants and buyers should evaluate factors such as proximity to workplaces, schools, and leisure activities before making a decision.
  • Consider the available amenities and maintenance fees associated with living in a high-end residence.

Useful FAQs and Support

Events and Building Life

Building Events

  • LIV Residence fosters a close-knit community, frequently hosting events like social gatherings, holiday celebrations, and fitness classes for residents.
  • These events promote relationships among residents and enhance the community spirit within the building.

Community Identity

  • With its contemporary architectural design and luxury amenities, LIV Residence stands out as a prestigious address in Dubai Marina.
  • The community is known for its cosmopolitan lifestyle, attracting a diverse group of international residents and creating a unique living environment.

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Detailed Buiding Insights

1. Family Friendliness

LIV Residence offers spacious apartments with family-friendly amenities and proximity to parks, making it ideal for families. The community has a child-friendly atmosphere with nearby schools and recreational facilities.

Exceptionally Welcoming

2. Living Options

Offers a variety of living options, from one to three-bedroom apartments, each designed for comfort and luxury, catering to different living preferences and family sizes.

Broadly Diverse

3. Safety And Security

LIV Residence is equipped with advanced security systems and 24/7 surveillance, ensuring a high level of safety and peace of mind for residents.

Remarkably Secure

4. Transportation

Located in Dubai Marina with easy access to public transportation, including the metro and tram systems, residents benefit from quick and efficient travel options.

Highly Convenient

5. Amenities And Facilities

The residence boasts a range of amenities including a swimming pool, fitness center, and lounge areas, along with unique offerings like a rooftop terrace that enhance the living experience.

Richly Equipped

6. Cost Of Living

While living in Dubai Marina can be pricier than other neighborhoods, the quality of living, amenities, and location offers a good balance for the cost.

Relatively Balanced

7. Things To Do

With a variety of restaurants, cafes, shopping malls, and entertainment options nearby, residents have a plethora of activities to choose from, catering to various tastes and lifestyles.

Vibrantly Diverse

8. Noise Levels

Despite being in a bustling area, LIV Residence maintains a tranquil atmosphere, with soundproofing features in apartments that help reduce external noise levels.

Generally Peaceful

9. Pet Friendliness

The residence allows pets and provides pet-friendly facilities, making it an inviting environment for pet owners.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

284.9K AED - 353.9K AED

Rent:

23.3K AED - 31.5K AED

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