Ginco Properties Unveils One Residence: A New Icon in Downtown Dubai

Thursday, 25 July 2024

A Major Investment

Ginco Properties has proudly announced the grand opening of One Residence, its flagship luxury development in Downtown Dubai. With a remarkable investment of AED 1.2 billion ($327 million), this upscale construction is set to make a striking visual impact on Dubai’s skyline.

Architectural Excellence

  • Design Visionary: Created by the renowned architect Brad Wilkins, known for iconic structures such as the Burj Khalifa and the Pearl River Tower.
  • Global Experience: Wilkins brings his international expertise, with previous projects spanning China, Singapore, and the United States.
  • Exciting Return: Wilkins is thrilled to contribute to Dubai’s architectural landscape with this new masterpiece.

Luxurious Living Spaces

  • Diverse Offerings: Across 30 stories, One Residence will feature 453 exquisite properties:
    • Contemporary Studios
    • One- and Two-Bedroom Flats
    • Lavish Penthouses
  • Panoramic Views: Each apartment offers stunning, wide-ranging views of the city skyline.
  • High-Quality Craftsmanship: The properties are meticulously designed with premium materials.

Prime Location and Sales

  • Ideal Spot: Located near some of Dubai’s finest dining and shopping destinations.
  • Exclusive Partnership: Ginco is the sole sales partner of One Broker Group (OBG).
  • Attractive Payment Plan: OBG offers a 50:50 payment plan, starting at AED 1.2 million.

Expert Oversight

  • Urban Properties: With two decades of experience in project management, Urban Properties will oversee the construction of One Residence, ensuring top-notch execution.

Vision for Dubai

  • Enhancing Luxury: Masood Gheyath, Managing Director of Ginco, highlighted the project’s alignment with Dubai’s vision of expanding luxury real estate.
  • Elevating Dubai’s Status: Gheyath stated, “With One Residence, we aim to elevate Dubai’s status as a global luxury destination,” adding that the project will introduce innovative and sustainable living spaces to the city’s urban environment.

Future Prospects

  • Completion Timeline: One Residence is scheduled for completion and handover in Q1 2027.
  • Family-Friendly Amenities: The development will offer a range of amenities, entertainment options, and wellness centers.
  • Dynamic Contribution: With its proximity to Michelin-starred restaurants, theaters, and world-class shopping, One Residence is set to significantly enrich Dubai’s vibrant urban landscape.