One Residence

Key facts

Handover

Q1 2027

Status

Under construction

Construction progress

4%

Ownership

freehold

Property types

apartment

Availability

Available

Payment plan

Available units

Amenities

• Landscaped Gardens
• Gymnasium
• Restaurants
• Indoor Swimming Pool
• CCTV Security
• Barbecue Area
• Children's Play Area

Location

One Residence sits in One Residence.

Master plan

The developer’s own site plan for One Residence, showing how the buildings, roads and open space sit together.

How One Residence compares

Entry here is AED 1.3M, against a median of AED 2.5M across the 24 priced projects in Downtown Dubai, which puts it above 2 of them and below 21. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q1 2027, alongside 132 other projects completing in the same quarter. Ginco Properties has 2 projects in our catalogue.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 10% on booking, 40% during construction and 50% at handover. At the AED 1,275,000 entry price, that is AED 128,000 to reserve a unit, AED 510,000 across the build, and AED 638,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 51,000 at this entry price. That 10% booking payment does not go to Ginco Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 469 square feet at AED 1,275,000, which works out at AED 2,719 per square foot. Stated sizes run from 469 to 2,197 square feet.

Handover and construction

Handover is scheduled for Q1 2027. Construction was last recorded at 4% complete.

Ownership and residency

One Residence is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa, though 2 bedroom units here start at AED 2,500,000 and clear it on their own.

What it costs to hold

Service charges in Downtown Dubai run roughly 17 to 40 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation. On the 469 square foot entry unit that is about AED 8,000 to AED 19,000 a year.

Who it suits

The development is apartments in studio to 3 bedroom layouts. studios start at AED 1,275,000 and 3 bedroom units at AED 9,900,000, so one building covers a first rental purchase and a family home.

What is on site

Shared facilities recorded for One Residence are the standard Dubai block: landscaped gardens, gymnasium, restaurants, indoor swimming pool, CCTV security, barbecue area and children's play area. 15 floor plans are published for it.

Frequently asked