One Residence

Ginco Properties · Downtown Dubai · 458 homes · Under construction

A Ginco Properties project under construction in Downtown Dubai: 458 homes, 6% built, with completion promised for Q1 2027 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 2,934 per sqft, 8% above the launch quarter.

Updated 27 Oct 2026
Due Q1 20276% built, as reported to the register
458 homesStudios, 1, 2, 3 and 4+ bedrooms
Downtown DubaiDubai Land Department project 3150

Prices. Quarter by quarter since launch.

Launch quarter, Q3 2024AED 2,716/sqft
Median paid, Q2 2026AED 3,210/sqft
Sales, Jul 2025 to Jun 202688
Median paidLatest quarterLaunch quarter AED 2,716
3,000Q3 24: AED 2,716/sqft, 37 salesQ4 24: AED 2,769/sqft, 134 salesQ1 25: AED 2,854/sqft, 45 salesQ2 25: AED 2,920/sqft, 54 salesQ3 25: AED 3,059/sqft, 19 salesQ4 25: AED 2,735/sqft, 35 salesQ1 26: AED 3,130/sqft, 23 salesQ2 26: AED 3,210/sqft, 11 salesQ3 24Q1 25Q3 25Q1 26Q2 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q3 20242,71637
Q4 20242,769134
Q1 20252,85445
Q2 20252,92054
Q3 20253,05919
Q4 20252,73535
Q1 20263,13023
Q2 20263,21011

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverQ1 20276% builtunder constructionPrice / sqftAED 2,716AED 2,934+8% on launch, off-plan median
Against the area. Median paid.
One Residence2,934

2% under the Downtown Dubai median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will One Residence be completed?

The register declares completion for Q1 2027, and the project is reported 6% built.

What do homes in One Residence sell for?

From Jul 2025 to Jun 2026, 88 homes sold on the register at a median of AED 2,934 per sqft and AED 2.29M per home. By unit type: Studio AED 1.52M (32 sales), 1 BR AED 2.31M (30 sales), 2 BR AED 3.51M (24 sales). These are registered deeds, not the developer's price list.

Who built One Residence?

Ginco Properties. The project is registered to Ginco Properties on the Dubai Land Department register, which lists 4 projects for the developer in Dubai, 2 of them under construction.

How many homes are in One Residence?

458, as counted on the Dubai Land Department register. The declared mix: 179 studios, 127 1 BR, 129 2 BR, 12 3 BR, 6 4+ BR.

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