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Explore One Residence by Ginco in Downtown Dubai

Jason Smith by Jason Smith
August 1, 2024
in Dubai
0

RealEstateMarket > Buy Properties > Best Counties to Invest > Asia > Dubai > Explore One Residence by Ginco in Downtown Dubai

Table of Contents

  • Luxurious Living in Downtown Dubai
    • Prime location and accessibility
    • Stunning architecture and design
    • Range of apartment types
  • World-Class Amenities and Features
    • State-of-the-art fitness facilities
    • Leisure and entertainment options
    • Family-friendly spaces
  • Investment Potential and Payment Plans
    • Attractive pricing and payment options
    • Projected return on investment
    • Future growth prospects in Downtown Dubai
  • Conclusion

In the heart of Downtown Dubai, a new marvel of luxury living is emerging. Explore One Residence by Ginco stands as a testament to opulent urban living, offering an unparalleled blend of sophistication and convenience. This architectural gem is set to redefine the standards of high-end residences, with its prime location providing breathtaking views of iconic landmarks like the Burj Khalifa and easy access to the vibrant Dubai Mall.

Designed to cater to the discerning tastes of global citizens, Explore One Residence boasts an array of world-class amenities. From state-of-the-art gyms and yoga studios to infinity pools and golf simulators, every aspect has been carefully crafted to enhance the living experience. The development also features penthouses with expansive balconies, a cutting-edge movie theatre, and co-working spaces, all while being just a short drive from Dubai International Airport. This unique combination of luxury, location, and lifestyle makes Explore One Residence an exceptional opportunity for both homeowners and investors alike.

Luxurious Living in Downtown Dubai

One Residence by Ginco Properties offers an unparalleled urban living experience in the heart of Downtown Dubai. This exclusive development features 453 luxury residences, including studios, one-bedroom, and two-bedroom apartments, as well as penthouses .

Prime location and accessibility

Situated in a coveted area, One Residence provides easy access to iconic landmarks such as the Burj Khalifa and Dubai Mall . Residents enjoy proximity to world-class shopping, dining, and entertainment venues . The development’s strategic location near Sheikh Zayed Road and Al Safa Street ensures convenient commutes to key areas like Dubai International Financial Center and Dubai World Trade Center, all within a 20-minute drive .

Stunning architecture and design

Designed by renowned architect Brad Wilkins, who contributed to iconic structures like the Burj Khalifa, One Residence features a striking exterior adorned with luxurious copper panels that reflect the sun’s rays . The 30-story tower boasts floor-to-ceiling windows, offering panoramic views of the city skyline . Interiors showcase meticulous craftsmanship, with premium materials such as porcelain tiles, engineered stone countertops, and accents of brass and copper .

Range of apartment types

One Residence caters to diverse preferences with its range of apartment types:

  1. Studios: Starting from 470 sqft (44 m²), priced at 1,275,000 AED (347,100 USD)
  2. One-bedroom apartments: Starting from 750 sqft (70 m²), priced at 1,850,000 AED (503,700 USD)
  3. Two-bedroom apartments: Starting from 1050 sqft (98 m²), priced at 2,500,000 AED (680,600 USD)

Each unit is thoughtfully designed to maximize comfort and style, creating a quiet sanctuary for those who appreciate refined living .

World-Class Amenities and Features

One Residence by Ginco offers an array of world-class amenities designed to enhance the living experience of its residents. The development features a range of facilities that cater to wellness, entertainment, and family needs, creating a progressive lifestyle for its occupants .

State-of-the-art fitness facilities

Fitness enthusiasts will appreciate the state-of-the-art gym equipped with the latest training equipment . For those seeking a more holistic approach to wellness, dedicated yoga studios provide a serene space for practice . The infinity pool offers a perfect blend of relaxation and exercise, with spectacular city views .

Leisure and entertainment options

Residents can enjoy a variety of leisure and entertainment options within the complex. The development boasts a movie theater, music room, and golf simulator for indoor entertainment . For outdoor relaxation, there are barbecue pits, picnic areas, and a Zen garden . The residents’ lounge serves as a social hub for community gatherings .

Family-friendly spaces

One Residence caters to families with thoughtfully designed spaces. Children can enjoy the kids’ club, outdoor play area, and a dedicated children’s pool . A trampoline park adds an element of fun and excitement for younger residents . These family-oriented amenities create a safe and engaging environment for children to socialize and develop skills .

Investment Potential and Payment Plans

Attractive pricing and payment options

One Residence by Ginco offers competitive pricing for luxury living in Downtown Dubai. Studios start at 1,275,000 AED (347,100 USD) for 470 sqft, while one-bedroom apartments begin at 1,850,000 AED (503,700 USD) for 750 sqft. Two-bedroom units, ranging from 1028 to 1345 sqft, are priced from 2,500,000 AED (680,600 USD) .

The developer provides a flexible 50/50 payment plan with a 10% down payment, making it easier for investors and buyers to secure a property in this prime location . Various payment methods are accepted, including cash, bank transfer, Bitcoin, credit card, and cheque .

Projected return on investment

Downtown Dubai is known for its high return on investment (ROI), driven by its central location, world-class amenities, and vibrant lifestyle . The expected gross ROI ranges from 3.83% to 9.38%, while the net ROI is projected to be between 2.83% and 8.14% . These figures indicate the potential for attractive rental yields and capital appreciation.

Future growth prospects in Downtown Dubai

Downtown Dubai’s future growth prospects are promising, as it is part of Dubai’s 2040 Urban Master Plan. This plan aims to enhance the city’s quality of life and economic activity by increasing green spaces, developing the public transportation system, and fostering sectors such as technology and innovation . The area’s continued development and its proximity to iconic landmarks like the Burj Khalifa and Dubai Mall ensure sustained demand for properties, making it a lucrative destination for real estate investment .

Conclusion

Explore One Residence by Ginco stands out as a shining example of luxury living in Downtown Dubai. Its prime location, stunning architecture, and world-class amenities make it a highly desirable address for those seeking an upscale urban lifestyle. The development’s thoughtful design, which caters to diverse needs from fitness enthusiasts to families, shows its commitment to creating a well-rounded living experience.

Beyond its appeal as a residence, One Residence also presents a compelling investment opportunity. The attractive pricing, flexible payment plans, and the area’s strong potential for growth all point to promising returns. As Dubai continues to evolve under its 2040 Urban Master Plan, properties like One Residence are well-positioned to benefit from the city’s ongoing development and increasing global appeal.

Jason Smith

Jason Smith

Jason Smith, a prolific writer and seasoned real estate enthusiast, is your trusted go-to for informative articles on all things real estate. With a keen eye for market trends and a knack for simplifying complex concepts, Jason's articles provide invaluable guidance to buyers, sellers, and investors alike. Stay informed and make savvy decisions with Jason's expert analysis. Contact: jason.smith@realestatemarket.us.com

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