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Dubai Properties (DP) announced the start of construction of its flagship project, 1/JBR, a luxury residential tower that was unveiled at Cityscape
Global last year.
The developer said construction has started with site mobilising and enabling works in January. DP said the final design has been completed and it is in the final stage of approval with the authorities.
“1/JBR is a testament to DP’s distinguished portfolio, as it broadens our residential offerings across Dubai,” said Marwan Al Kindi, Executive Director, Sales and Sales Operations. “This groundbreaking marks an important phase of this highly anticipated development, reinforcing our commitment to delivering key projects at one of the emirate’s most sought-after beachfront destinations, JBR.”
Located at the entrance of Jumeirah Beach Residence (JBR), the tower will offer “unparalleled” luxury and indulgent living with apartments offering panoramic sea views.
DP said sales registration was launched in September and the tower is set for completion and handover in early 2019. The tower encompasses
two- to four-bedroom apartments and fivebedroom penthouses. The 46-floor tower has 153 units.
DP said sections of the tower is being released for sale in different markets. Sales registration is being facilitated by Gulf Sotheby’s International Realty.
Source: Property Weekly