Dubai Properties has said that its flagship project 1/JBR - taking shape on one of the final plots of land in the Jumeirah Beach Residence (JBR) district - is on track for handover by the end of 2019.
The deveoper said in a statement that 1/JBR will "set new benchmarks" for Dubai’s prime residential sector.
1/JBR will rise 46 floors and feature a total of 163 units, including two-, three-, and four-bedroom apartments, as well as five-bedroom penthouses.
In total, the high-rise development will comprise a gross floor area of over 45,000 square metres, with the built-upon area spanning 74,000 square metres.
Marwan Al Kindi, executive director of Sales and Sales Operations at Dubai Properties, said: “Our contribution to the UAE’s beachfront real estate sector is exemplified in the execution of 1/JBR that is already setting the benchmark for a new class of understated luxury.”
He said apartments on the top 15 floors will feature private lobbies, with semi-private lobbies for the first 30 floors. In addition, all apartments on the 31st floor and above will have private elevators, operated using personalised digital key cards.
To ensure residents enjoy easy access to their homes with minimal traffic issues, Dubai Properties said it has worked closely with Dubai Municipality and Roads and Transport Authority (RTA) to plan a dedicated roundabout. Also a part of the infrastructure development in the area, a brand-new exit along Mamsha Street will enable vehicles to get to and from the site without having to use King Salman Bin Abdulaziz Al Saud Street along JBR.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.