FEATURED OFF-PLAN PROJECT: ONE Residence

Rare opportunity to invest in Business Bay.

It’s the ideal property for those who crave to be in the heart of Dubai. A stellar investment for short term rentals.

Limited units are available. Here are the key features and numbers below to learn why this is a standout investment.

ONE RESIDENCE

Business Bay

HIGHLIGHTS

Rental Yield: 8-10% (long term)
15% Capital Appreciation Expected
Ideal for Short Term (Airbnb): 12-15% Yield
Avg. Price per Sq. Ft: 2400 AED ($903 CAD)
Resale NOC Issued at 30%

PRIME Location & Features

5 Mins Walking Distance to Burj Khalifa
1 Min Drive to Dubai Mall
Easy Access to Sheikh Zayed Road
Close Proximity to Metro Station
Floor to Ceiling Windows
Panoramic Views of the City Skyline

Units Available

453 Luxury Residences — Only 46 Units Left *

STUDIOS — $507K CAD | AED 1.35M
1 BDRM — $745K CAD | AED 1.98M
2 BDRM — $1.22M CAD | AED 3.24M

Handover: March 2027 (Approx)
Payment Plan: 50/50

Milestone

Payment Date

Payment (%)

Reservation Fee

On Booking

10%

DLD Fee

On Booking

4%

1st Installment

30 Days from the Booking Date

10%

2nd Installment

01-Dec-2024

5%

3rd Installment

01-May-2025

5%

4th Installment

01-Sep-2025

5%

5th Installment

01-Mar-2026

5%

6th Installment

01-Sep-2026

10%

Final Installment

Handover: Mar-2027

50%

About the Developer

GINCO Properties is one of main contractors for Emaar, Nakheel, Meraas and other top-tier developers, with a 45 year track record building some of the most iconic projects in Dubai.

OTHER HIGHLIGHTS

30 Floors // 3 Basement Floors // 4 Podium Levels
25 Different Amenities // 7 Elevators
Retail Store on Ground Floor
Premium German Kitchen Appliances
1 Parking for Each Unit
Laundry Room for Each Unit
Service Fee ~ 20 AED ($7-9 CAD) per sq.ft.
15% Capital Appreciation & ROI 8-10% (Long Term Rental)
Perfect Location for Airbnb - Short Term Rentals
Average price per sq. ft: 2400 AED ($903 CAD)
Resale NOC Issued at 30%
Initial booking 37,000 AED
10% after 1 week

Interested in learning more about this project?

** Available units as of July 25th, 2024, subject to change without any notice.