New yacht project

Project Elusive

Lürssen Announced / pre-construction 122.50 m Germany Unknown

Key Facts

Length
122.50 m
Beam
16.80 m
Draught
4.40 m
Builder
Lürssen
Gross tonnage
5500.00 GT
Guests
22
Cabins
11
Country
Germany
Charter availability
Unknown
Project status
Announced / pre-construction

Previous / Project Names

Project name

Project Elusive

Project Elusive is a 122.5-metre custom Lürssen superyacht under construction in Bremen, Germany, with delivery scheduled for 2030.

The yacht has a confirmed beam of 16.8 metres, draught of 4.4 metres and an estimated gross tonnage of approximately 5,500 GT. Her steel hull will support accommodation for up to 22 guests in 11 staterooms.

Moran Yacht & Ship announced the sale of Project Elusive and is acting as the owner's representative and construction manager, overseeing the project from contract through commissioning, sea trials and final delivery.

The identities of the exterior and interior designers remain confidential. Propulsion, performance and further technical details have not yet been publicly disclosed.

Project timeline

Project name Project Elusive
Current status Announced / pre-construction
Construction yard Bremen, Germany
Expected delivery 2030
Latest verified update Aug. 9, 2026

Latest progress

Sold and under construction at Lürssen in Bremen, with delivery scheduled for 2030.

Specifications

Length122.50 m
Beam16.80 m
Draught4.40 m
Gross tonnage5500.00
ConstructionSteel hull

Accommodation

Guests22
Cabins11

Yacht intelligence

Superyacht Passport

A dynamic record assembled from Superyacht Guide yacht data, sourced ownership records, construction milestones, valuations, sale listings and related reporting.

Identity

Current name
Project Elusive
Builder
Lürssen
Project name
Project Elusive
Project status
announced

Ownership & provenance

No sourced ownership record is currently published for this yacht.

Market snapshot

Estimated current value
€410,000,000
Valued at 9 August 2026
Estimated annual running cost
€57,400,000

Superyacht Guide editorial estimate dated 9 August 2026. Project Elusive is a 122.5m, approximately 5,500 GT custom Lürssen project scheduled for delivery in 2030. The principal comparable used is the 115.1m, 5,257 GT Lürssen AHPO, marketed by Moran Yacht & Ship at €340 million in 2025. Scaling AHPO by Project Elusive's greater length and gross tonnage gives an unadjusted indication of approximately €356–362 million. Allowing for Project Elusive's later 2030 delivery, custom new-build status and Lürssen pedigree gives a central editorial estimate of €410 million, with an indicative range of €380–440 million. This is not a disclosed contract price, broker asking price, documented transaction value or certified valuation.

Valuation source / evidence

Values and running costs are estimates unless explicitly identified as documented transaction figures.

Yacht Value History

Permanent Superyacht Guide market records showing estimates, asking prices and, where verified in future, documented transaction or financial values.

1 recorded point
Date
9 Aug 2026
Valuation date
Record type
Superyacht Guide estimate
Value
€410,000,000
Evidence
Superyacht Guide editorial estimate
Superyacht Guide editorial estimate dated 9 August 2026. Project Elusive is a 122.5m, approximately 5,500 GT custom Lürssen project scheduled for delivery in 2030. The principal comparable used is the 115.1m, 5,257 GT L…
How to read this history: Superyacht Guide estimates, brokerage asking prices and documented transaction values are stored as separate record types. The first baseline record marks the beginning of permanent Superyacht Guide value-history tracking; the absence of an earlier record does not mean the yacht had no earlier market value or sale history.

Yacht timeline

Dated milestones and Superyacht Guide records, ordered chronologically.

Passport evidence

Moran Yacht & Ship — Project Elusive
Supports: Project specifications, sale and construction status

Superyacht Guide distinguishes sourced records, estimates and reported information. Evidence shown here reflects sources attached to this yacht record and may be updated as new verified information becomes available.

Where can Project Elusive go?

21 public marina records are recorded with a maximum yacht length of at least 122.50 m.

Marina Genova

Genoa · Italy
Recorded maximum yacht length: 130.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Marina Genova Aeroporto

Genoa · Italy
Recorded maximum yacht length: 130.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Porto Mirabello

La Spezia · Italy
Recorded maximum yacht length: 130.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Port Hercule

Monaco · Monaco
Recorded maximum yacht length: 130.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Vilanova Grand Marina

Vilanova i la Geltrú · Spain
Recorded maximum yacht length: 130.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Grand Harbour Marina

Vittoriosa / Valletta · Malta
Recorded maximum yacht length: 135.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.
Explore all length-capable marinas

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Al Lusail
Match score 91/100

Al Lusail

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Estimated value
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Why it is similar
  • 0.5 m difference in length
  • Estimated value within 12%
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Kismet
Match score 89/100

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Estimated value
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Why it is similar
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Match score 89/100

Katara

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Estimated value
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Why it is similar
  • 1.9 m difference in length
  • Estimated value within 15%
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Boardwalk
Match score 89/100

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Why it is similar
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Match score 85/100

Project Tanzanite

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Estimated value
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Why it is similar
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Ahpo
Match score 83/100

Ahpo

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Estimated value
€340,000,000
Why it is similar
  • 7.4 m difference in length
  • Estimated value within 17%
  • Same builder: Lürssen
Compare yacht

Similarity is calculated from recorded Superyacht Guide data. A high match score does not imply identical design, condition, specification or market availability.

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