GINCO Properties

GP One Residence

Four hundred and fifty-three apartments across thirty floors in Downtown Dubai, from AED 1,275,000 on the portal — about AED 245,000 below the developer’s own AED 1.52 million, and with an April 2027 handover rather than Q1 2027.

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Location
Downtown Dubai
From — portal
AED 1,275,000
From — developer
AED 1.52M
Completion
Q1 2027
Apartments
453

The portal “from” price leads here because it is the only live portal price for the project; it sits about AED 245,000 below Ginco’s own starting figure, and the two may describe different unit types. Confirm the current price for the specific unit with the developer before treating either as a quote. Apartment count, unit mix and completion are from Ginco’s GP ONE Residence page.

About GP One Residence

GP ONE Residence — marketed in most places simply as One Residence — is Ginco’s Downtown Dubai tower: 453 apartments over 30 floors, launched in July 2024 with a project value that the launch coverage put at AED 1.2 billion. The official unit mix runs from studios to four-bedroom apartments. The smallest studio is quoted at 470 sq ft on the portal listing; the developer does not publish individual layouts on the page.

The developer’s description is deliberately short. It places the building “in the heart of Downtown Dubai”, with Burj Khalifa and Dubai Mall as the reference points, and promises “exquisite design and exceptional finishes”. The page carries headline facts and a brochure download, but no plan schedule, no amenity list and no payment table — the only payment wording is “pay 20% to book”.

The amenity detail that circulates — a fitness centre, an infinity pool, a cinema and a kids’ club — comes from the July 2024 launch coverage rather than from any current developer document, so request the present fact sheet before you plan around it. The same coverage named Brad Wilkins, the architect whose Burj Khalifa work is usually the headline, and named Urban Properties as development manager and One Broker Group as sales partner. Those are press-reported relationships, not statements on the developer’s site, and they matter because they tell you who is actually delivering the building.

What to weigh. The price has moved in three directions: AED 1.2 million quoted around launch, AED 1,525,000 on one listing portal, AED 1.52 million on the developer’s own page and AED 1,275,000 on the portal. Completion is Q1 2027 on the developer’s page and April 2027 on the portal. The payment plan is “pay 20% to book” on the page but was described at launch as a 50:50 structure. None of these gaps is unusual for a Dubai off-plan project a year into construction, but each one has to be closed in the sale and purchase agreement, not in an email.

Compiled October 2026 from Ginco Properties’ official GP ONE Residence page, the portal developer listing and launch coverage. Prices marked as portal-listed are not developer prices.

Apartments and sizes

Configuration Published detail
Studio From 470 sq ft (portal-listed)
1 bedroom Size on request
2 bedroom Size on request
3 bedroom Size on request
4 bedroom Size on request

All 453 apartments sit across 30 floors. The developer publishes the configuration range — studios to four bedrooms — without a count per type or a size per type, and the brochure is the only place those numbers appear. Ask for it in writing with the current availability list, because the mix in the marketing material from 2024 will not be the mix still unsold today.

The building and the team behind it

  • 30 floors, 453 apartments — developer figures.
  • Reported value AED 1.2 billion at launch in July 2024.
  • Architect: Brad Wilkins — press-reported, via the launch coverage.
  • Development manager: Urban Properties — press-reported, named in the same coverage.
  • Sales partner: One Broker Group — again from launch coverage, not the developer’s site.

Only the first line is on the developer’s own page. If the sales channel or the development manager has changed since 2024, the name on your reservation form is the one to check against the escrow account and the Oqood registration.

Price and payment plan

The developer states a single line: pay 20% to book. There is no printed schedule, no post-handover tail and no construction-linked table on the project page.

Launch coverage in July 2024 described a differently shaped plan, reported as 50:50. Both cannot be current. Before you reserve, ask for the instalment table that accompanies the SPA: what is due at booking, what is due against construction milestones, what is due at handover, and whether any part is payable afterwards.

For reference, the portal listing shows the same “pay 20% to book” wording, which suggests the schedule has not been reprinted since launch rather than that it has changed.

Amenities

  • Next-generation fitness centre — reported at launch.
  • Infinity pool — reported at launch.
  • Cinema / movie theatre — reported at launch.
  • Kids’ club — reported at launch.

None of these appears on the developer’s current project page, which lists no amenities at all. In a Downtown tower of this size, expect the amenity deck to carry a service-charge cost per square foot, and ask what the developer has budgeted for it. Buildings with pools, cinemas and concierge desks are the ones where the annual charge surprises owners in year two.

Where it is

Downtown Dubai: the Burj Khalifa, Dubai Mall, Dubai Opera and the Boulevard retail spine, with Sheikh Zayed Road and Financial Centre Road at the edge. The developer uses Burj Khalifa and Dubai Mall as the walking reference points; the exact plot is confirmed in the sale contract, not in the marketing copy.

For a tenant, this is one of the few Dubai districts where a car is optional. For an investor, it is also one of the deepest short-let markets in the city, which is a different return calculation from a standard annual lease — and a different set of building rules.

At a glance

  • 453 apartments over 30 floors, Downtown Dubai.
  • Studios to four bedrooms; studio from 470 sq ft.
  • Portal price from AED 1,275,000.
  • Developer price from AED 1.52 million — about AED 245,000 higher.
  • Completion Q1 2027 (developer) or April 2027 (portal).
  • 20% to book per the developer; a 50:50 structure was reported at launch.

What we verify before you reserve

  • Which price is live: the developer’s AED 1.52 million or the portal’s AED 1,275,000, and what unit each refers to.
  • The instalment schedule in the SPA, since the page gives only “20% to book”.
  • The completion date written into the contract — Q1 2027 or April 2027 — and the compensation clause if it slips.
  • Who signs: Ginco Properties, GINCO Group, or a project company; and whether Urban Properties still has a role.
  • Escrow account number and Oqood registration within 60 days of reservation.
  • The current construction position, verified on site rather than from a render.
  • The service-charge estimate per square foot once the amenity deck is priced.
  • Whether the unit is developer inventory or a resale, because the price basis and the transfer route differ.

GP One Residence: frequently asked questions

Is GP One Residence the same as One Residence?

Yes. Ginco markets the Downtown Dubai tower as GP ONE Residence, and most portals and press coverage shorten it to One Residence. The project page, the brochure and the sale contract should use the same name — check that they do.

How much does GP One Residence cost?

The portal lists the project from AED 1,275,000, the developer’s own page says from AED 1.52 million, and launch coverage in 2024 quoted about AED 1.2 million. The figures refer to different points in time and possibly different unit types; ask the developer for the current price list per floor and confirm which unit each number describes.

How many apartments are there?

453, across 30 floors, ranging from studios to four-bedroom apartments. Ginco does not publish how many of each type.

When is GP One Residence due to complete?

Q1 2027 on the developer’s page. The portal shows April 2027, which falls in the same quarter. Neither date is a contractual promise until it appears in your SPA.

What is the payment plan?

The developer advertises “pay 20% to book” with no further schedule. Launch coverage in 2024 described a 50:50 plan. Ask for the printed instalment table before reserving.

Is it freehold?

Downtown Dubai is a freehold area for UAE nationals and foreign buyers in designated buildings. Confirm the title type and the registration route for your specific unit with your lawyer and the Dubai Land Department.

Ask about GP One Residence

One enquiry, answered by a person. Current price list, unit availability, service-charge estimate and our honest read on the numbers — within one working day.

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