Interested in One Residence? Contact Property Shop Investment (PSI) to check current availability, floor plans and the latest project information.
One Residence Downtown Dubai at a Glance
Here are the main project details currently available:
- Developer: Ginco Properties
- Location: Downtown Dubai, Dubai
- Status: Off-plan
- Number of apartments: 453
- Unit types: Studios, 1-, 2-, 3- and 4-bedroom apartments
- Planned completion: Q1 2027
These details come from the developer's current project information.
The project also appears on PSI's current inventory, where unit availability, sizes and other details can change as properties are sold or new units are released.
For that reason, it's useful to distinguish between project-level information and the details of the particular apartment you are considering.
What Types of Apartments Are Available at One Residence?
One Residence has a range of configurations, from studios to larger four-bedroom apartments. That gives buyers different options depending on whether they are looking for a more compact home or a larger residence.
Studios
The floor plans published on PSI currently include studio layouts of approximately 469 to 562 sq ft.
For a studio, the floor plan is particularly worth reviewing. A similar overall area can feel quite different depending on the kitchen arrangement, sleeping area, storage, balcony and circulation.
One-Bedroom Apartments
PSI's currently published floor plans include one-bedroom layouts of approximately 749 to 843 sq ft.
A one-bedroom apartment provides a separate bedroom and living area, which may be more appropriate for buyers looking for additional separation between sleeping and living areas.
Larger Apartments
The development also includes two-, three- and four-bedroom apartments, according to the developer's current information.
For larger residences, buyers can look more closely at bedroom proportions, bathrooms, storage, kitchen layout, balcony area and the apartment's orientation.
The important point is that unit type alone does not tell you how an apartment will feel or function. Reviewing the actual floor plan and specifications for the unit is an important part of the buying process.
One Residence Amenities
One Residence includes a range of facilities covering recreation, fitness, family use and resident activities.
Published project information includes amenities such as:
Fitness and Wellness
- Gym
- Yoga studio
- Swimming pool
- Sauna
- Steam room
Family Facilities
- Children's pool
- Children's play area
- Kids' facilities
Recreation
- Cinema
- Entertainment room
- Music room
- Golf simulator
- Billiards room
Work and Social Areas
- Co-working facilities
- Residents' lounge
- BBQ areas
- Outdoor areas
Amenity details can vary between project materials and individual property listings, so buyers should refer to the latest project information when assessing a particular unit.
More importantly, consider which facilities actually fit your routine. If you work from home, for example, a co-working area may matter more to you than an entertainment facility. For families, children's facilities and pool areas may be more relevant.
One Residence Downtown Dubai Location
Location is an important part of the One Residence proposition because the project is situated in Downtown Dubai, a central district built around some of the city's most recognisable destinations.
Downtown Dubai includes attractions such as Burj Khalifa, Dubai Mall and Dubai Opera, alongside residential buildings, hotels, restaurants and retail destinations.
The district is also connected to other parts of Dubai through major roads and public transport. Visit Dubai identifies the Burj Khalifa/Dubai Mall Metro station on the Red Line as the main Metro stop serving Downtown Dubai. Sheikh Zayed Road and Al Khail Road also provide road connections to the wider city.
What Can You Access From Downtown Dubai?
Depending on your exact route, the wider Downtown area provides access to:
- Dubai Mall
- Burj Khalifa
- Dubai Opera
- Sheikh Mohammed Bin Rashid Boulevard
- Business Bay
- DIFC
- Sheikh Zayed Road
- Dubai Metro's Red Line
Rather than relying on fixed travel-time claims, buyers should check actual routes to their regular destinations. Travel times in Dubai can vary considerably depending on traffic and time of day.
One Residence Payment Plan and Pricing
The developer's current One Residence page lists a starting price of AED 1.52 million and states that 20% is required to book.
However, these figures should be treated as current project information rather than fixed pricing for every unit. Prices, available apartments and payment terms can change as inventory is released and sold.
If you're comparing units, ask for the current terms attached to the specific apartment rather than relying on an older payment-plan figure found online.
The same applies to apartment prices. A project's advertised starting price does not necessarily represent the price of the unit you are considering.
What Should You Check Before Buying One Residence Off-Plan?
Once you've identified an apartment you're interested in, move beyond the general project information and review the details of that particular purchase.
Check the Exact Unit and Floor Plan
Look at:
- Internal area
- Balcony area
- Bedroom and bathroom layouts
- Storage
- Kitchen arrangement
- Floor level
- Orientation
- View
- Parking allocation, where applicable
Two apartments with the same bedroom count can have very different layouts and positioning.
Review the Current Payment Terms
Ask for the payment schedule applicable to the unit you are considering. Do not assume that a payment plan published for another release applies to every available apartment.
Review the Sales and Purchase Agreement
The Sales and Purchase Agreement (SPA) contains the contractual terms of the transaction. Buyers should review the payment obligations, completion and handover provisions, and other conditions before signing.
For an off-plan sale, Dubai Land Department's current process provides for provisional registration through Oqood. DLD states that the sale and purchase contract is registered in the provisional register, with a provisional registration e-certificate issued through the process.
Check the Project Registration and Escrow Arrangements
Dubai's off-plan system includes project registration and escrow requirements. DLD states that project registration allows a developer to register a project and open an escrow account for off-plan sales.
DLD also states that amounts received from buyers of off-plan units are deposited into the project's escrow account.
For buyers, this means it is worth confirming the project's registration and the appropriate payment instructions as part of the transaction process.
Budget for Additional Costs
The purchase price is not necessarily the only cost involved.
DLD's current initial-sale registration service lists a 2% purchaser fee and 2% seller fee, alongside applicable knowledge and innovation fees. Other costs may apply depending on the transaction, financing and registration requirements.
Your actual costs should therefore be confirmed for the specific transaction before you commit.
Who Might Consider One Residence?
One Residence may be relevant to different types of buyers, but the right unit depends on how you intend to use the property.
For Buyers Looking for a Home
The Downtown Dubai location may appeal to buyers who want access to retail, dining, entertainment and central business districts.
The range of apartment configurations also gives buyers the option to compare different layouts according to household size and requirements.
For Buyers Considering an Investment
An investment decision requires a separate assessment of the individual property.
Factors to review can include:
- Purchase price
- Comparable properties
- Service charges
- Financing costs
- Potential rental demand
- Expected holding period
- Resale considerations
- The specific unit's size, floor and view
Rather than relying on a general claim about Downtown Dubai or the project, assess the numbers and characteristics of the apartment you are actually considering.
Why Look at One Residence Downtown Dubai?
One Residence combines an off-plan residential development with a Downtown Dubai location and a broad selection of apartment types.
The developer currently lists 453 apartments, studios through four-bedroom units and Q1 2027 completion.
For a buyer, though, those headline details are only the starting point.
The more useful comparison comes when you look at the specific unit, its floor plan, price, payment terms, location within the building and associated purchase costs.
If One Residence is on your shortlist, reviewing those details with current project information can help you understand whether a particular apartment fits your requirements and budget.
Looking for an apartment at One Residence Downtown Dubai? Speak with PSI about current availability, unit details and the latest purchase information.
