Ginco Properties Reveals $327M One Residence in Downtown Dubai

Ginco Properties has recently announced the launch of One Residence, a luxurious new development in Downtown Dubai, valued at AED 1.2 billion ($327 million). This ambitious project underscores the ongoing expansion and vitality of Downtown Dubai’s real estate market, which has experienced a 133% increase in property transactions and a 41% rise in rents over the past few years.

A Visionary Architectural Masterpiece

The design of One Residence is spearheaded by the esteemed architect Brad Wilkins, known for his contributions to iconic structures such as the Pearl River Tower in China and Dubai's Burj Khalifa. The building will be a remarkable addition to Downtown Dubai’s skyline, featuring luxurious copper panels that create a stunning visual effect as they reflect the sunlight.

Living Spaces with Panoramic Views

One Residence will encompass 453 luxury residences spread across 30 floors, including studios, one-bedroom, and two-bedroom apartments, as well as exclusive penthouses. Each unit is meticulously designed to offer panoramic views of Dubai’s iconic skyline, ensuring residents enjoy an unparalleled living experience.

Sales and Payment Plans

Sekenkoum has been appointed as the exclusive sales partner for One Residence. To make the investment more accessible, Sekenkoum has introduced a 50:50 payment plan for the apartments, with prices starting from AED 1.2 million ($327,000). The development, managed by Urban Properties, is projected to be completed and handed over in the first quarter of 2027.

Commitment to Dubai’s Growth

Masood Gheyath, Managing Director of Ginco Properties, emphasized the company’s dedication to enhancing Dubai’s real estate landscape through the delivery of iconic projects that align with the city’s growth trajectory. "With One Residence, we assume to lift Dubai's worldwide remaining as a head location for luxury residing. By decisively creating homes close to milestones like the Burj Khalifa and Dubai Shopping Center, Ginco Properties upgrades the city's horizon as well as enhances its metropolitan texture," he expressed.

Luxurious Amenities

One Residence is designed to provide residents with a luxurious lifestyle, offering an array of world-class amenities. These include a state-of-the-art gym, yoga studio, multiple pools including an infinity pool for adults, a Zen garden, an entertainment room, a movie theatre, a music room, a golf simulator, barbecue pits, a residents’ lounge, a kids’ club, a play area, a trampoline park, a picnic area, 24/7 valet service, a chef on-demand, and laundry services on-demand. These features underscore Ginco Properties' commitment to creating sustainable and innovative spaces that cater to the evolving needs of residents and investors.

A Sustainable and Innovative Approach

Ginco Properties' approach to One Residence reflects its dedication to sustainability and innovation. The development is designed to support Dubai’s vision of continued growth and prosperity in the real estate sector. By incorporating cutting-edge technology and environmentally friendly practices, One Residence aims to set new standards in luxury living.

The launch of One Residence by Ginco Properties marks a significant milestone in the evolution of Downtown Dubai’s real estate market. With its visionary design, luxurious amenities, and strategic location, One Residence is poised to become a coveted address for those seeking an exceptional living experience in one of the world’s most dynamic cities.

For those interested in learning more about One Residence and other luxury properties in Dubai, Sekenkoum Real Estate is available to provide further information and assist with all inquiries. Whether you are looking to invest or find a new home, One Residence offers a unique opportunity to be part of Dubai’s exciting future.