Ginco Properties Launches One Residence a Luxury Project in Downtown Dubai Valued Dh12 Billion Seven Luxury Real Estate Seven Luxury Real Estate

Ginco Properties Launches One Residence, A Luxury Project In Downtown Dubai Valued Dh1.2 Billion

  • Jul 22, 2024 - 2 min read

Dubai Real Estate market demonstrates exceptional resilience and growth, solidifying its position as a premier investment destination. Transaction volumes have witnessed a remarkable 133% increase, while rents have experienced a significant 41% rise in recent years.

One Residence by Ginco Properties in Downtown Dubai:

Capitalizing on this robust Dubai Real Estate market, Ginco Properties proudly presents One Residence, a pioneering development that sets a new standard for luxurious living. This strategically located project in the heart of Downtown Dubai boasts a development value of AED 1.2 billion.

One Residence is meticulously designed by Brad Wilkins, a globally renowned architect with a distinguished portfolio across continents. Having contributed to iconic structures like the Pearl River Tower and Burj Khalifa, Mr. Wilkins brings his expertise to create a striking addition to Downtown Dubai’s skyline, further enhancing Dubai’s architectural landscape.

Ginco Properties Launches One Residence a Luxury Project in Downtown Dubai Valued Dh12 Billion Seven Luxury Real Estate Seven Luxury Real Estate

One Residence offers a collection of 453 exquisitely appointed residences spread across 30 floors. The diverse range of configurations includes studios, 1-BR and 2-BR layouts, culminating in exclusive penthouses. Each residence boasts breathtaking panoramic views of the city skyline. One Broker Group (OBG) serves as the exclusive sales partner, offering an attractive and convenient 50:50 payment plan for these competitively priced apartments, starting from AED 1.2 million.

Established in 1975, Ginco Properties, a member of the Ginco Group, boasts a rich legacy of development expertise. “One Residence elevates Dubai’s position as a global leader in luxury living,” states Engineer Masood Gheyath, Managing Director of Ginco Properties. “By strategically developing residences near iconic landmarks, we not only enhance the city’s skyline but also contribute to the enrichment of its urban fabric.

One Residence enjoys a coveted location in close proximity to the Burj Khalifa and Dubai Mall, presenting an exclusive opportunity to reside or invest in one of the world’s most esteemed destinations, offering a luxurious lifestyle in the heart of Dubai’s thriving real estate market.

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