Approximately, 30 per cent of owners have moved in immediately after the handover.
IDAMA, Dubai Properties' facilities management company, is supervising the delivery of the apartments and will be responsible for the ongoing management, maintenance and administration of the JBR master community.
The 1.75 km beachfront development will include the outdoor shopping boulevard "The Walk" and four new hotel Towers. The Walk will be launched and completely handed in the fourth quarter of this year where so far 60 retail outlets out of 300 have been handed over.
The 4 hotel towers - Crowne Plaza, Amwaj Rotana, Sofitel and Movenpick will be operational in 2008, together offering a total of 1,375 rooms.
JBR's uniquely-themed environment combines the styles of Andalucía with the Mediterranean and Arab architecture, complemented by landscaped plazas; children play areas, fountains and courtyards.
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More than 2,009 Jumeirah Beach Residence apartments handed over
- United Arab Emirates: Sunday, June 17 - 2007 at 16:19
- PRESS RELEASE
Dubai Properties has delivered the keys to over 2,009 apartments in Jumeirah Beach Residence in the last two months, achieving an average of 33 apartments a day being presented to the new home owners.
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Dubai PropertiesDubai Properties is a member of Dubai Holding and operates with the express aim of conceiving unique communities that add value for the customer and contribute towards the growth of Dubai. The portfolio of projects handled by Dubai Properties is diverse and represents the highest quality of real estate in the region. Dubai Properties offers mixed-use master developments catering to diverse lifestyles including Jumeirah Beach Residence, Business Bay, The Villa, Culture Village and Tijara Town. Dubai Properties also offers premium retail opportunities with The Walk at JBR and Bay Avenue at Business Bay.
Jumeirah Beach Residence
Valued at AED 7.3 billion, the sprawling 1.7 kilometer waterfront community of Jumeirah Beach Residence is the largest single phase residential development in the region. It features 36 residential towers, 4 hotel towers, four beach clubs and one beach park. It is a uniquely-themed environment combining the styles of Mediterranean and local architecture, complimented by landscaped plazas and children play areas, fountains and courtyards. The development offers a wide selection of residential units ranging from studio, one, two, three, and four bedroom apartments with sea and marina views. Jumeirah Beach Residence will be one of the most extraordinary residential and holiday destinations on earth. The Walk at Jumeirah Beach Residence will be Dubai's only outdoor shopping experience by the beach offering breathtaking views over the Arabian Gulf and bolstering world class retail outlets.
For further information, please contact:
Linda Abdulhay
JiWin
Tel: +971 4 3613333
Fax: + 971 4 3688001
Lama Kabbani
Dubai Properties
Tel: +971 4 3602775
Fax: + 971 4 3695300
Posted by Lara Lynn Golden, News EditorSunday, June 17 - 2007 at 16:19 UAE local time (GMT+4)
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