1/JBR - One JBR - Jumeirah Beach Residence - Dubai Marina  

1 JBR is a high-rise luxury apartment development by Dubai Properties located next to the Ritz Carlton in the JBR area. This waterfront development consists of 2, 3 and 4 bedroom apartments & 5 bed penthouses. Initially announced in Q3 2015; the project will be delivered in September 2019. 1 JBR is positioned as a luxury development with a maximum of 4 apartments per floor. All units offer panoramic views of the sea.

Master Community: Jumeirah Beach Residence
Property Types Available: Apartments
Location: Sheikh Zayed Road, Al Sufouh Road
Status: Under Construction
Year Launched: 2015
Estimated Completion Date: September 2019
Developer: Dubai Properties Group
Title Type: Freehold
Quality Classification: Luxury
Height Classification: High-rise
Life Cycle: Under Construction
Special Classification: Water-front Community
Under-Construction Apartments: 152
Floors: 45
Plot Number: 3616
Maintenance Fee: 20.5

Lookup.ae reports prices and transactional information for Jumeirah Beach Residence

1 JBR (One JBR) Project Intro

 Published on May 28 2016   700 Views

 Source: Dubai Properties

 Category: Project Introduction

Announced in early September 2015, the One JBR (1 JBR) will offer 2, 3 and 4 bedroom apartments & 5 bed penthouses.

Properties in One JBR are now available for sale

2, 3 and 4 bedroom sea view apartments located in JBR next to the Ritz Carlton. 3.5 year payment-plan.

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About 1/JBR - One JBR

Overview

- One JBR (1 JBR) is a project by Dubai Properties announced in September 2015.

- This high-rise development is located next to the Ritz Carlton and is situated on a prime, beach-front plot.

- The tower will rise 45 storeys and consists of 2, 3 & 4 bedroom apartments all of which have views towards the sea / Bluewaters Island and Palm Jumeirah. The tower also has two five bedroom penthouses situated on the top floor. - The tower was initially being marketed solely by exclusive agent Gulf Sothebys. This arrangement was changed sometime in 2016.

- 1 JBR is positioned as a true luxury waterfront development. Units in the project have commanded sale prices from AED 2,500 - 3,700 per sq. ft. depending on unit type and floor.

- Service charges are estimated to be around AED 20.5 per sq. ft. 

Average Unit Size

  • 2 Bedroom - 1,931 sq. ft. 
  • 3 Bedroom - 2,600 sq. ft. 
  • 4 Bedroom - 3,775 sq. ft. 
  • 5 Bedroom Penthouse - 8,654 sq. ft. 

      Prices

      • - 2 Bedroom Apartments had prices ranging from AED 5.4 - 6.3 million (sizes range from 1,936 - 2140 sq. ft.)

        - 3 bedroom units had prices ranging from AED 7.2 - 8.3 million (average size of 2,500 sq. ft.)

        - 4 bedroom penthouses available for approximately AED 12.2 - 14 million (average size of 3,775 sq. ft.).

        -Only two five bedroom penthouses available on top floor. The average size is around 8,654 sq. ft. with prices starting from AED 33.71 million. 

        Sales status as of June 2018

        - Approximately 20 two bedroom units are currently available for sale with prices of AED 4.94 million to 6.15 million (AED 2,550 to AED 3180 per sq. ft.) 

        - Limited availability for three and four bedroom apartments. These are mostly ones located on higher floors (above 35). Price ranges from AED 7.12 million to 8.94 million for three beds and approximately AED 13 - 14 million for four beds. 

        - Penthouses are located on the top floor and have five bedrooms. These are on sale starting AED 33.71 million. 


        Payment Plan (as of June 2018)

        PercentageMilestone
        10%Down Payment
        10%July 2018
        10%October 2018
        10%January 2019
        10%March 2019
        10%June 2019
        40%Upon Completion (Q3-2019)



        Project Completion Status (as per DLD): 30.59% (as of 26 June 2018)  

        Dubai Land Classification & Escrow Account Details:

        Land Number: 3616

        Project Number: 1676

        Real Estate Developer: Dubai Properties Group

        Trust Account Number: 0205070357902

        Account Trustee Name: Emirates NBD

        RERA Permit No : 15128

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