One Residence will feature 453 luxury homes across 30 floors.

UAE-based Ginco Properties has launched its key development, One Residence, being set up at an investment of AED1.2 billion ($327 million) in Downtown Dubai.

Unveiling the project, Ginco said One Residence, which is strategically positioned in the heart of Downtown Dubai, is a marvel of style created by Brad Wilkins, the renowned architect who has lived and worked across three continents, with reputed projects across Singapore, China and the US.

According to Ginco, the One Residence address shares the location with the best of Dubai’s retail and hospitality. It features 453 luxury residences across 30 floors, offering a variety of configurations to cater to diverse lifestyles.

From cozy studios and one- and two-bedroom layouts to exclusive penthouses, each apartment is meticulously designed with the finest materials and sweeping panoramic views of the city skyline, it stated. The development of One Residence will be managed by Urban Properties, a prominent name in the realm of UAE’s top real estate projects. 

According to Ginco, One Residence boasts a range of wellness facilities; entertainment spaces and family-friendly features. It is set for completion and handover in Q1 2027.