@ lit-element -> Properties -> Configure attributes -> Configure observed attributes
it refers that:
By default, LitElement creates a corresponding observed attribute for all declared properties.
and
To prevent an observed attribute from being created for a property, set attribute to false. The property will not be initialized from attributes in markup, and attribute changes won’t affect it.
Clarification:
When an observed attribute is prevented, the property is still observable within the element, isn't it?
Tia