In anticipation of Cityscape Global, which opens in Dubai on Tuesday, September 8, major Dubai developers continue unveiling their most important projects. Dubai Properties is going to present its luxury real estate 1/JBR project at the exhibition. And in the meantime, in order to attract investors and potential buyers, it revealed some project’s details in advance.
The main 1/JBR project’s attraction are five-room penthouses with panoramic views of the sea, but in addition to them developer will also put up for sale two to four bedrooms apartments. A unique tower’s glass facade allows to enjoy an unlimited view from all the apartments in this residential tower, Dubai Properties said in a statement.
1/JBR, which is to be built at the entrance to the prestigious Dubai district of Jumeirah Beach Residence, will have a private access to the building with no more than three to four residences per elevator lobby. Penthouses have their own access to the elevators on the two highest floors of the building. Selected residences include provision upgrades for private pools, and the rest of apartments boast spacious outdoor terraces.
1/JBR is planned for completion in early 2019.
1/JBR unit prices haven’t yet been revealed, but experts say Dubai luxury real estate of that kind is not only the most affordable in the world, but still is the most profitable investment.
Abdullatif AlMulla, Group CEO of Dubai Properties Group, said: "Dubai Properties is introducing 1/JBR, a unique, urban residence concept, set to become the crème de la crème of high-end residences. It offers the bespoke 5-star luxury amenities Dubai is known for, at one of the most sought after destinations in the country.
"1/JBR will appeal to discerning local, regional and international investors, who are looking for the highest specification residences in one of the most vibrant destinations in the country. 1/JBR redefines the concept of elegant living."