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One bedroom apartment in Downtown Dubai with 6.7% return per year

418.7K€
No commission
Investment property
418.7K€

Overview

  • Updated On:
  • November 21, 2024
  • 0 Bedrooms
  • 1 Toilet
  • 4362 Area
  • 2027 Year of construction
  • 22553

One Residence- Luxury living in the most preferred area of Dubai- next to Dubai Mall and Burj Khalifa.

A first class building with exceptional design in the heart of Dubai.
ONE RESIDENCE by GINCO Properties is a 30-storey wonder offering apartments ranging from 43.57 To 227.89 square meters.

Studios, one, two, three and four bedroom penthouses. You can enjoy world-class amenities, breathtaking views and proximity to iconic attractions.

Infinity pool and oasis in one. The pool at ONE RESIDENCE will offer a seamless combination of sky and water. Residents will enjoy panoramic views of Downtown Dubai while relaxing in this aquatic paradise, creating an unparalleled urban resort experience.
ONE RESIDENCE's state-of-the-art gym will feature first-class equipment and a dedicated wellness area. Owners will keep physically fit while enjoying stunning city views, turning fitness into a luxurious daily ritual.

GINCO Properties is a renowned developer in Dubai's competitive real estate market for its commitment to quality and innovation. With a focus on strategic locations and cutting-edge design, GINCO Properties continues to shape Dubai's iconic skyline and set new industry standards. The distinctive architecture of this building stands apart from the relatively uniform buildings in Downtown and stands out with its almond-shaped terraces and copper-coloured façade.

We at Luxury Investment will be happy to help you resell or rent your property to generate maximum profit. We are sure that we will have no problem finding potential buyers or tenants for this unique project in the heart of Dubai. ONE RESIDENCE is a unique investment opportunity in the last available plot of land in Downtown Dubai. Its prime location coupled with the steady appreciation of properties in the area has made it extremely attractive to investors. The diverse range of apartment types- from studios to penthouses can offer different investment strategies, whether for rental income or long-term capital gains. As of Q3 2024, investing in a 1-bedroom apartment in Downtown Dubai yields an average annual gross return on investment of 6.2%. Meanwhile, annual rental prices start from AED 80,000 (USD 22,000) for a 1-bedroom apartment. This attractive return outlines a promising path to significant rental gains and rapid investment recovery distinguishing ONE RESIDENCE not only as a place to reside but also as a profitable investment.

And like any other property in Dubai- you get this apartment fully finished, with fitted kitchen and bathroom.

Attractive payment scheme- 50% during construction and 50% upon delivery of the property in early 2027.

 

City:
Area:
State/County:
Country: United Arab Emirates
Property Id: 22553
Price: 418.7K€
Property Size: 4362
Rooms: 1
Bathrooms: 1
Floor: Not available
Elevation: 30
Year of construction: 2027
Garage/Parking Space: Yes
Construction: Brick
Furnished
Equipped kitchen
Other Features
Pool
Air Conditioners
Parking space/ Garage
Fitness

Floor Plans

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