Jumeirah Beach Residence focus on luxury living

Jumeirah Beach Residence fills an existing gap in the local real estate sector by offering luxury residence units to investors, according to a senior official with the project.

"We have done extensive studies to determine the specifications of the residence units which meet the market demand," said Hashim Al Dabal, chief executive.

"The studies showed there is huge demand for luxury residence units in the property sector with very few being offered.

"So we have focussed on all the necessary features and facilities of luxury property development to meet the huge demand in this niche market.

"The strategic location of the project on the beach contributes in strengthening its attraction, especially because properties on the beach side being offered in the real estate market are rare".

Al Dabal considered the huge demand on flats right after the bookings opened earlier this week as an indication of the fact that Jumeirah Beach Residence meets market demand for quality value for money luxury residence units.

Bookings started last Saturday. Prices range between Dh199,000 and Dh649,000.