{"id":42983,"date":"2017-02-05T22:42:02","date_gmt":"2017-02-05T15:42:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=42983"},"modified":"2017-02-05T19:56:07","modified_gmt":"2017-02-05T12:56:07","slug":"construction-work-to-start-at-dubai-properties-1jbr-tower","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-work-to-start-at-dubai-properties-1jbr-tower\/","title":{"rendered":"Construction work to start at Dubai Properties' 1\/JBR tower"},"content":{"rendered":"


\nDubai Properties has appointed Dubai Contracting Company (DCC) as the main contractor for its 1\/JBR project, a 46-storey tower that has a development value exceeding Dh1 billion.The developer and the contractor held a signing ceremony at the site on Sunday to mark the start of the main construction on the tower, which will contain 161 two-, three-, and four-bedroom apartments, as well as some five-bedroom penthouses. The selling price of the two-bedroom apartments starts at Dh5.4 million. The project is due for handover in the final quarter of this year, which is later than the initial date given, but the Dubai Properties chief executive, Abdulla Lahej, said that “overall project upgrades have been done to enhance the overall efficiency and lifestyle experiences of discerning customers of this luxury development”.”We invest time in heavy due diligence when planning our projects,” he said. “We partner with the best in the business and ensure each detail is honoured from contracting to execution.”1\/JBR was initially launched at the Cityscape Global conference in September 2015, and in March last year enabling works began at the site, which has its own private beach.Ian Harper, a contracts director at DCC, said that it was “committed in every respect, to executing this project on budget, on time, in accordance with the specified standards and quality”.A report published by broker JLL last month stated that Dubai’s residential property market is now “close to the bottom of the cycle”, with apartment prices dropping by just 1 per cent over the course of the past 12 months, with no change in value reported in the past quarter. Transaction volumes remain low, however, and average apartment rents dropped by 6 per cent over the course of the year. mfahy@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Construction work to start at Dubai Properties’ 1\/JBR tower<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dubai Properties has appointed Dubai Contracting Company (DCC) as the main contractor for its 1\/JBR...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-42983","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-bbh","jetpack-related-posts":[{"id":8678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-properties-starts-construction-of-1jbr-project\/","url_meta":{"origin":42983,"position":0},"title":"Dubai Properties starts construction of 1\/JBR project","date":"March 21, 2016","format":false,"excerpt":"\r \r Dubai Properties has confirmed the start of construction of its flagship 1\/JBR project.It said that construction started with site mobilising and enabling works by the end of January. The final design has been completed and it is in the final stage of approval with the authorities.The development is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-of-tallest-tower-in-dubais-jumeirah-beach-walk-starts\/","url_meta":{"origin":42983,"position":1},"title":"Construction of tallest tower in Dubai's Jumeirah Beach Walk starts","date":"December 5, 2016","format":false,"excerpt":"\r Construction work on what could be the tallest tower in Jumeirah Beach Walk has started after Emaar appointed Middle East Foundation Group as enabling works contractor for its The Address Residences Jumeirah Resort + Spa development.The 255,000-square-metre, 74-storey two-tower development, which will be Emaar's first beachfront hotel project in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-breaks-ground-on-iconic-1jbr-tower\/","url_meta":{"origin":42983,"position":2},"title":"Dubai developer breaks ground on \u201ciconic\u201d 1\/JBR tower","date":"March 20, 2016","format":false,"excerpt":"\r Dubai Properties Group says enabling works on 46-storey tower site began in January\r \r Source : arabianbusiness.com\r Read more...Dubai developer breaks ground on \u201ciconic\u201d 1\/JBR tower","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27253,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-to-build-twin-towered-hotel-and-residential-project-at-dubais-jbr\/","url_meta":{"origin":42983,"position":3},"title":"Emaar to build twin-towered hotel and residential project at Dubai's JBR","date":"September 26, 2016","format":false,"excerpt":"\r Emaar Properties plans to build its first beachfront hotel project in Dubai \u2014 The Address Jumeirah Resort and Spa at Jumeirah Beach Residences (JBR).The company said that the resort will contain a pair of 74-storey towers at the end of Dubai Marina, with 100 metres of beachfront looking out\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-begins-for-tallest-tower-in-dubais-jumeirah-beach-walk\/","url_meta":{"origin":42983,"position":4},"title":"Construction begins for tallest tower in Dubai's Jumeirah Beach Walk","date":"December 5, 2016","format":false,"excerpt":"\r Construction work on what could be the tallest tower in Jumeirah Beach Walk has started after Emaar appointed Middle East Foundation Group as enabling works contractor for its The Address Residences Jumeirah Resort + Spa development. The 255,000-square-metre, 74-storey two-tower development, which will be Emaar's first beachfront hotel project\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-project-with-citys-most-expensive-apartment-appoints-contractor\/","url_meta":{"origin":42983,"position":5},"title":"Dubai project with city's most expensive apartment appoints contractor","date":"March 22, 2016","format":false,"excerpt":"\r \r The developer Omniyat has appointed the contractor Brookfield Multiplex to build its Dh2 billion One at Palm Jumeirah project.The company said that the 107,795 square metre building, consisting of a ground floor and 23 storeys at the first plot on the Palm Jumeirah's trunk, is expected to take\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/42983"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=42983"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/42983\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=42983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=42983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=42983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}