ONE RESIDENCE: Luxury Living in Downtown Dubai’s Last Prime Spot
ONE RESIDENCE by GINCO Properties will offer 453 luxury units in Downtown Dubai’s last prime plot. This 30-storey marvel will feature studios to 4-bedroom penthouses, ranging from 469 to 2,453 sq. ft. Residents will enjoy world-class amenities, breathtaking views, and proximity to iconic attractions.
Feature
Details
Developer
Ginco Properties
Area From
470 sq. ft.
Apartments
Studio – 2BR
Penthouses
3-4BR
Total Number of Units
453
Payment Plan
50/50
Starting Price
USD 347K
Booking Fee
10%
Handover Date
Q1 2027
To rent
As of Q3 2024, investing in a 1-bedroom apartment in Downtown Dubai will yield an average annual gross ROI of 6.2%. Meanwhile, annual rental prices start at AED 80K (USD 22K) for a 1-bedroom unit. This attractive return outlines a promising pathway to substantial rental earnings and swift investment recovery, highlighting ONE RESIDENCE not just as a place of residence but as a profitable venture.
ROI 6.2%
For resale
Investing in ONE RESIDENCE will offer significant potential for capital appreciation. Downtown Dubai’s consistently high demand and limited new supply will likely drive property values upward. As one of the last developments in this prime area, ONE RESIDENCE will be well-positioned to benefit from future market growth, offering investors the opportunity for substantial returns upon resale.