New Dh1.2 billion luxury project launched in Downtown Dubai
One Residence: A New Benchmark in Luxurious Living in Downtown Dubai
Downtown Dubai’s real estate market has demonstrated robust growth and resilience, cementing its position as a top investment destination with a remarkable 133% increase in property transactions and a significant 41% rise in rents over recent years. In line with this trend, Ginco Properties has announced the launch of One Residence, a project that promises to set a new benchmark in luxurious living.
Strategically positioned in the heart of Downtown Dubai, One Residence is valued at Dh1.2 billion and enjoys an ideal location near the iconic Burj Khalifa and Dubai Mall. This prime positioning offers residents and investors an exclusive opportunity to reside in one of the globe’s most esteemed destinations, enhancing their urban lifestyle with unparalleled convenience and prestige.
The design of One Residence has been crafted by Brad Wilkins, a renowned architect with a portfolio of reputed projects across Singapore, China, and the USA. Wilkins, who has previously contributed to the creation of some of the world's most well-known skyscrapers, including the Pearl River Tower in China and the Burj Khalifa in Dubai, brings his expertise and vision back to Downtown Dubai. He is excited to create another striking skyscraper in this iconic area.
One Residence comprises 453 luxury residences across 30 floors, offering a variety of configurations from studios and one-bedroom and two-bedroom layouts to exclusive penthouses. Each apartment offers panoramic views of the city skyline, ensuring that residents can enjoy the beauty of Downtown Dubai from the comfort of their homes.
Ginco Properties, a part of the Ginco Group, was established in 1975 by Gheyath Mohammad Gheyath. “With One Residence, we aim to elevate Dubai's global standing as a premier destination for luxury living. By strategically developing residences near landmarks like the Burj Khalifa and Dubai Mall, Ginco Properties not only enhances the city's skyline but also enriches its urban fabric,” said Engineer Masood Gheyath, Managing Director of GINCO Properties
One Residence enjoys an ideal location near the iconic Burj Khalifa and Dubai Mall, presenting residents and investors with an exclusive opportunity to reside in one of the globe’s most esteemed destinations.
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