About One Residence
One Residence is a residential and commercial tower by Ginco Properties, in Downtown Dubai, Dubai. It rises 36 storeys (3 basement levels, a ground floor, a mezzanine, 4 podium levels, 30 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 458 homes.
Key information
Developer
Ginco Properties
- Expected handover
- Q1 2027
- Status
- Under construction
- Location
- Downtown Dubai, Dubai
- Master project
- DownTown Dubai
- Construction started
- 2024
- Number of buildings
- 1
- Number of units
- 458
- Registered with DLD
- 11 Jul 2024
- Escrow bank
- Emirates Islamic Bank
- Escrow account no.
- 3538441443611
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction6% complete
- Expected handoverQ1 2027
Construction progress
22 inspection photos from the Dubai Land Department. Latest 27 Jul 2026 at 6% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
7 Elevators
40 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
361
Median price
AED 2.0M
Median price / sqft
AED 3K+13%
Off-plan share
100%
Priced 29% above than the Burj Khalifa median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 152 | 480 sqft | AED 1.4M | AED 3K |
| 1 Bed | 121 | 781 sqft | AED 2.2M | AED 3K |
| 2 Bed | 82 | 1,161 sqft | AED 3.2M | AED 3K |
| 3 Bed | 2 | 2,076 sqft | AED 9.0M | AED 4K |
| 4 Bed | 4 | 2,404 sqft | AED 11.0M | AED 5K |
Price per sqft by year
+13% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 27 Aug 2026 | Off-plan | 843 sqft | AED 2.4M | AED 3K |
| 26 Aug 2026 | Off-plan | 1,345 sqft | AED 3.7M | AED 3K |
| 10 Aug 2026 | Off-plan | 470 sqft | AED 1.7M | AED 4K |
| 26 Jun 2026 | Off-plan | 470 sqft | AED 1.4M | AED 3K |
| 01 Jun 2026 | Off-plan | 470 sqft | AED 1.5M | AED 3K |
| 12 May 2026 | Off-plan | 1,345 sqft | AED 3.7M | AED 3K |
| 11 May 2026 | Off-plan | 470 sqft | AED 1.6M | AED 3K |
| 30 Apr 2026 | Off-plan | 1,053 sqft | AED 2.5M | AED 2K |
Unit mix
458 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 5 | - |
| Studio | 179 | 470 - 562 sqft |
| 1 B/R | 127 | 749 - 843 sqft |
| 2 B/R | 129 | 1,027 - 1,412 sqft |
| 3 B/R | 12 | 2,073 - 2,292 sqft |
| 4 B/R | 6 | 2,393 - 2,435 sqft |
Payment plan
Payment plans are set by Ginco Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Downtown Dubai, Dubai.
Downtown Dubai
Dubai, United Arab Emirates
Frequently asked questions
One Residence has a planned handover of Q1 2027, and the latest DLD inspection puts construction at 6% complete.
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