Downtown Dubai’s real estate market has been experiencing significant growth in recent years, with a 133% increase in property transactions and a 41% rise in rents. Ginco Properties, a renowned developer, has announced the launch of One Residence, a luxurious residential project valued at Dh1.2 billion. Designed by Brad Wilkins, a globally acclaimed architect known for his work on iconic skyscrapers, One Residence comprises 453 luxury residences offering stunning city skyline views.
One Residence offers a variety of configurations, from studios to penthouses, across 30 floors. The exclusive sales partner for GINCO Properties, One Broker Group (OBG), has crafted a convenient 50:50 payment plan for the apartments with competitive pricing starting from Dh1.2 million. The development of One Residence will be managed by Urban Properties. Ginco Properties aims to enhance Dubai’s reputation as a luxury living destination by strategically developing residences near landmarks like the Burj Khalifa and Dubai Mall.
Established in 1975 by Gheyath Mohammad Gheyath, Ginco Properties is part of the Ginco Group. The Managing Director of GINCO Properties, Engineer Masood Gheyath, expressed the company’s goal to elevate Dubai’s global standing as a premier destination for luxury living. One Residence’s prime location near the Burj Khalifa and Dubai Mall offers residents and investors an exclusive opportunity to be part of one of the world’s most prestigious destinations.
With One Residence, Ginco Properties seeks to contribute to Dubai’s urban fabric by developing residences near iconic landmarks. The project’s prime location near the Burj Khalifa and Dubai Mall, combined with luxurious amenities and panoramic views, makes it an attractive investment opportunity for those looking for upscale living spaces in the heart of Downtown Dubai. The convenient payment plan offered by OBG further enhances the appeal of One Residence to potential buyers and investors.
Overall, One Residence by Ginco Properties promises to set a new benchmark in luxurious living in Downtown Dubai. With its world-class design, prime location, and competitive pricing, it aims to attract discerning buyers and investors looking for high-quality residential options in one of Dubai’s most sought-after areas. The project’s strategic partnership with OBG and Urban Properties underscores Ginco Properties’ commitment to delivering exceptional real estate offerings that cater to the diverse needs and preferences of Dubai’s residents and investors.
