Apartment for Sale in Downtown Dubai by Ginco Properties

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Off Plan

One Residence

developer logoGinco Properties
Apartment
0% Completed

About Property

Welcome to ONE RESIDENCE

Discover a unique and luxurious lifestyle at ONE RESIDENCE, located in the vibrant heart of Downtown Dubai, just steps away from iconic landmarks such as the Burj Khalifa and the Dubai Mall. This prestigious development offers a rare opportunity to invest in a globally renowned destination, ensuring that you are always at the epicenter of the action.

Comprising a total of 453 opulent residences spread across 30 floors, ONE RESIDENCE offers a diverse range of layouts to cater to various lifestyles. From charming studios to spacious one and two-bedroom units, as well as exclusive penthouses, there is a perfect home for everyone within this development.

Residents at ONE RESIDENCE can indulge in a sanctuary of comfort and style, tailored to the preferences of those who have a penchant for the finer things in life. The meticulous selection of premium materials such as beige tones, brass, and copper infuse a sense of luxury into the interiors, while the exterior facade is a testament to architectural elegance, featuring breathtaking panoramic vistas of the cityscape.

As a resident of ONE RESIDENCE, you will have access to top-tier amenities such as concierge service, a kids' play area, and the freedom to have pets, ensuring that your every need is met.

Prices at ONE RESIDENCE range from 1,340,000 AED to 3,810,000 AED, offering you the opportunity to invest in modern luxury at its best.

Is This Home Your Lifestyle Match?

Check your compatibility with this property and see if it fits your lifestyle requirements! Tap the button to find out now.

Amenities

Concierge Service
Concierge Service
Kids Play Area
Kids Play Area
Pets Allowed
Pets Allowed

Location

Expected ROI

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Layouts and Prices

Payment Plans

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Photos

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Finishing examples
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Entrance Lounge
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Project presentation
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Community Spaces

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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