Less than a month after its debut, Laguna Residence, the flagship project of ONE Development, a boutique real estate developer with offices in Abu Dhabi and Dubai, has completely sold out Phase One.
The accomplishment demonstrates the original attractiveness of the project and the high level of investor confidence in Dubai’s real estate market.
Laguna Residence, the first AI-integrated residential neighborhood in the United Arab Emirates, is situated in the center of Dubai’s City of Arabia. Surrounded by planted nature, the complex boasts the first sandy beach lagoon in the area on a platform.
With expansive views of the Dubai skyline, the project provides a range of apartments, including duplexes, three-bedroom apartments, studios, and “Skyhomes.”
Access to more than 40 top-notch amenities, sustainable design elements, and AI-powered services will all be advantageous to residents.
ONE Development intends to start Phase Two, which will continue to concentrate on cutting-edge technology and lifestyle improvements, after Phase One’s tremendous success.
“This milestone demonstrates the growing confidence of local and global investors in Dubai’s real estate sector,” said Ali Al Gebely, Founder and Chairman of ONE Development.
“Laguna Residence is a testament to our mission of creating unique communities that define the future of urban living while attracting investment that supports Dubai’s long-term growth.”
The project’s varied investor base, which includes both domestic and foreign buyers, demonstrates its appeal on a worldwide scale.
A recent collaboration with international real estate specialist Doo Properties further demonstrated the developer’s aspirations to expand internationally. ONE Development is well-positioned for expansion in the Chinese market because to this partnership, which was formed only 23 days following Laguna Residence’s debut.
The quick success of Laguna Residence demonstrates Dubai’s allure as a center for cutting-edge real estate projects, fusing sustainability, technology, and lifestyle to draw in discriminating investors.
