Belvedere
Central Business District · Lokhandwala Real Estate Development
Project factsheet
About the building
Located in Central Business District, completed in 2022. Developer — Lokhandwala Real Estate Development.
Specifications for Belvedere per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Belvedere is a residential complex in Central Business District, completed in 2022.
The developer is Lokhandwala Real Estate Development.
The database currently holds 1 lot in this project, from 2 350 000 AED.
A building by Lokhandwala in Dubai Marina, handed over in 2022. Price per square foot is AED 1,567 — near the bottom of the district for such a new building.
What this is
Belvedere is a residential building by Lokhandwala Real Estate in Dubai Marina, handed over in 2022. Storey count and number of residences aren't listed in the passport.
Our stock has one listing of about 1,500 square feet for AED 2.35 million, at AED 1,567/ft².
Fifteen hundred square feet for AED 2.35 million is noticeably cheaper than the district median for a size above average.
Price per square foot by tower in the district
Belvedere sits near the bottom of the list — even though the building is only four years old.
| Tower | AED per ft² | Lots | Average size | Average price, million |
|---|---|---|---|---|
| Six Senses Residences | 7000 | 3 | 13,788 ft² | 85.67 |
| Vida Residences | 3685 | 4 | 1,882 ft² | 6.85 |
| LIV Marina | 3534 | 6 | 1,527 ft² | 5.43 |
| Marina Shores | 3301 | 11 | 1,201 ft² | 3.85 |
| Marina Gate | 3284 | 5 | 1,875 ft² | 6.00 |
| Stella Maris | 2874 | 3 | 3,066 ft² | 9.06 |
| LIV Residence | 2626 | 3 | 1,764 ft² | 4.63 |
| Al Majara | 2583 | 6 | 1,365 ft² | 3.52 |
| Dubai Marina Towers | 2427 | 11 | 2,424 ft² | 5.78 |
| Damac Heights | 2351 | 6 | 1,761 ft² | 3.96 |
| Cayan Tower | 2325 | 3 | 3,549 ft² | 7.67 |
| Marina Promenade | 2272 | 6 | 1,748 ft² | 3.86 |
| Princess Tower | 1958 | 4 | 1,952 ft² | 3.91 |
| Dorra Bay | 1685 | 3 | 1,867 ft² | 3.11 |
| Emirates Crown | 1414 | 6 | 3,469 ft² | 4.87 |
| Marina Crown | 1412 | 6 | 2,739 ft² | 3.89 |
| Al Seef Tower | 1377 | 7 | 3,553 ft² | 4.89 |
| Horizon Tower | 1327 | 3 | 2,499 ft² | 3.32 |
Our stock as of 28 August 2026, towers with three or more lots and a known area. District average — AED 2,588/ft², median lot AED 3.7 million out of 266 lots.
A new building priced below the old ones
Dubai Marina in our database has 266 lots, a median of AED 3.7 million at an average price of AED 2,588/ft². The median handover year is 2011.
Newness usually carries a premium in Marina: LIV Marina, from 2025, runs at AED 3,534/ft² against LIV Residence's AED 2,626 from 2019. Here it's the reverse — a 2022 building sits near the bottom of the scale.
There are two explanations, and both are worth checking. First: plot position — new buildings in a built-out district end up wherever space is left, and their views are worse. Second: developer recognition — Lokhandwala isn't top-tier, and the name discount is noticeable in Marina.
For a buyer who cares about square footage and building condition rather than the address of a specific tower, this is a reasonable entry point.
propsearch passport: developer Lokhandwala Real Estate, handed over 2022. Our stock as of 28 August 2026: the project's lot (size, price, price per square foot), data for LIV Marina and LIV Residence, and the median and median handover year for Dubai Marina.
Where it is
Frequently asked about Belvedere
Who is the developer of Belvedere?
Lokhandwala Real Estate Development.
Has Belvedere been handed over?
Yes. Belvedere was handed over in 2022 — it is ready housing you can live in or let straight after the deal.
How much does an apartment in Belvedere cost?
The database currently holds 1 lot in this project, from 2 350 000 AED. Prices move every day, so it is worth asking for the current list for this building.
Where this project stands today
Message me for the free layouts in Belvedere, the real entry price and what owners and tenants say — not the brochure copy.
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