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Friday, February 10, 2017

Dubai Properties’ Iconic Tower Development 1/JBR On Track For Q4 2019 Completion

Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced that Dubai Construction Company (DCC) has been awarded the contract for the exclusive luxury sea-front tower - 1/JBR. Work is now steadily advancing and on track for a Q4 2019 completion. Located at the entrance to Jumeirah Beach Residence (JBR), one of the most exclusive lifestyle destinations in the Emirate, 1/JBR will epitomize unparalleled luxury and indulgent beach side living.

Abdulla Bin Lahej, Group CEO, Dubai Properties said: “1/JBR is an exemplary development that reinforces DP’s position as a creator of master-planned destinations and it is set to redefine the definition of luxury sea-front living in Dubai. This is exemplified by the extremely positive investor sentiment in the entire JBR area, with Dh2.893 billion worth of real estate transactions recorded in just 6 months of 2016. Our luxury portfolio of destinations is strategically developed to reinforce Dubai’s position as the capital of luxury on a global scale and we have carefully chosen our project partners for this development in order to ensure only the highest quality and specifications for the building works, as well as a timely project delivery.”

DCC, a Dubai-based construction company with more than 50 years of experience in the region specializing in building residential, commercial, mixed-use building, hospitality and leisure complexes, sees the 1/JBR project as an opportunity to bring to life a future icon on Dubai’s skyline.

A spokesperson from DCC commented, “By using only the most innovative techniques, we are able to bring to life the most iconic designs with the highest quality of detail and finish. This approach has allowed us to deliver many memorable and groundbreaking landmark buildings in the UAE and across the region. We are delighted to have the opportunity to be a part of such a landmark project as 1/JBR and our reputation, talented team and decades of expertise will complement DP’s vision for this unique tower development.”

JBR is the most sought-after lifestyle destination among residents and tourists and is globally recognized as a leading mixed-use destination, welcoming over 12 million tourists annually.  1/JBR will be gracing the JBR skyline and offer the bespoke 5-star luxury amenities Dubai is known for.

The 46-story tower, with its panoramic views of the Dubai Eye and Palm Jumeirah, offers amazing living on a new scale as the JBR’s future luxury icon with indulgence infused into every detail. Each of the 161 large units, which range from two-, three- and four-bedroom apartments and five-bedroom penthouses, will have high-end finishings and fixtures from floor to ceiling windows. Each apartment comes with two privately appointed parking spaces as well as private elevators for the penthouse apartments. The building façade perfectly complements the ‘A’ grade interior with unique and animated lighting making its mark on the surrounding lifestyle boulevard – The Walk.

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