A New Luxury Project Worth Dh1.2 Billion has been Launched in Downtown Dubai

One Residence by Ginco Properties is slated for delivery in the first quarter of 2027

Downtown Dubai’s real estate market has shown strong growth and durability, solidifying its status as a premier investment hub, marked by a notable 133% surge in property transactions and a significant 41% increase in rental rates in recent years. Reflecting this trend, Ginco Properties has unveiled One Residence, promising to redefine luxury living. Strategically located in Downtown Dubai, One Residence represents an investment of Dh1.2 billion.

The design of One Residence is the work of Brad Wilkins, a celebrated architect with experience spanning three continents, including notable projects in Singapore, China, and the USA. Known for his work on iconic skyscrapers such as China’s Pearl River Tower and Dubai’s Burj Khalifa, Wilkins is eager to contribute another striking landmark to Downtown’s iconic skyline.

One Residence consists of 453 luxury residences spread over 30 floors, featuring a range of layouts including studios, one-bedroom, two-bedroom units, and exclusive penthouses. Each apartment offers panoramic views of the city skyline.

One Broker Group (OBG) serves as the exclusive sales partner for GINCO Properties. OBG has devised an appealing 50:50 payment plan for the highly sought-after One Residence apartments, which start at competitive prices beginning from Dh1.2 million. Urban Properties will oversee the development of One Residence.

Established in 1975 by Gheyath Mohammad Gheyath, Ginco Properties, a division of the Ginco Group, aims to elevate Dubai’s global stature as a premier luxury living destination with One Residence. According to Engineer Masood Gheyath, Managing Director of Ginco Properties, strategically situating the residences near landmarks such as the Burj Khalifa and Dubai Mall enhances the city’s skyline and enriches its urban landscape.

Located near the iconic Burj Khalifa and Dubai Mall, One Residence offers residents and investors an exclusive opportunity to reside in one of the world’s most prestigious destinations.