Source: KhaleejTimes

In Downtown Dubai, a new Dh1.2 billion luxury property has been unveiled.

The real estate market in Downtown Dubai has exhibited strong growth and durability in recent times, solidifying its status as a premier investment destination. Notable increases in property sales have totaled 133%, while rentals have increased by 41%.

Ginco Properties has announced the opening of One Residence, which aspires to redefine opulent living, in keeping with this trend. One Residence, strategically located in the center of Downtown Dubai, is estimated to be worth Dh1.2 billion.

The well-known architect Brad Wilkins, who has lived and worked on three continents and is responsible for well-known buildings in China, Singapore, and the United States, designed the One Residence. With experience in constructing some of the most recognizable buildings in the world, including as the Burj Khalifa in Dubai and the Pearl River Tower in China, Wilkins is thrilled to be back developing another eye-catching tower in the recognizable Downtown region.

One Residence is made up of 453 opulent apartments spread over 30 stories. Studios, one-bedroom apartments, two-bedroom apartments, and luxurious penthouses are among the many configurations available. Every unit gives sweeping views of the metropolitan skyline.

GINCO Properties' exclusive sales partner is One Broker Group (OBG). For the highly sought-after new One Residence apartments, which will offer reasonable pricing beginning from Dh1.2 million, OBG has designed an easy and appealing 50:50 payment plan. Urban Properties will oversee the One Residence project.

Gheyath Mohammad Gheyath founded the Ginco Group in 1975, which includes Ginco Properties. Our goal with One Residence is to improve Dubai's reputation as the world's best place to live in luxury. Engineer Masood Gheyath, Managing Director of GINCO Properties, stated, "Ginco Properties not only enhances the city's skyline but also enriches its urban fabric by strategically developing residences near landmarks like the Burj Khalifa and Dubai Mall."

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.

2024-07-22 09:39:45

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