Lucretia Immobilier
Ginco Properties
Ginco Properties

Ginco Properties Dubai: 45+ Years of Group Expertise in Off-Plan

Developer overview

Few newer Dubai brands can point to a parent company that has been building in the region since 1975, but Ginco Properties can. As the real estate arm of GINCO Group, founded by Chairman Gheyath Mohammad Gheyath, the developer focuses its launches on two of the city's most liquid addresses: Downtown Dubai and Business Bay. With apartments from around AED 1.52 million and payment plans starting at 20% on booking, it appeals to both yield-focused investors and end-users. Here is what you need to know before you buy.

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Key figures

Founded in

1975

Ongoing projects

3

under construction

Complete guide

Ginco Properties — everything you need to know

Ginco Properties: From a 1975 Family Group to a Modern Dubai Developer

The story of Ginco Properties starts well before its first residential launch. Its parent, GINCO Group, was established in 1975 by Chairman Mr. Gheyath Mohammad Gheyath. For more than 45 years, the group has relied on a team of experts, specialists and seasoned professionals who have contributed to landmark projects in the region and internationally.

A Dedicated Real Estate Arm

Ginco Properties was created to carry this legacy into Dubai's residential market. Its stated mission is to create exceptional living spaces that enrich residents' lives and support the sustainable growth of communities. The brand tagline, “Experience Meets Ambition”, captures the positioning well: the depth of an established group combined with the drive of a younger developer.

A Focused, Premium Strategy

Rather than spreading across outlying districts, the developer concentrates on central, high-demand locations:

  • Downtown Dubai, at the foot of the Burj Khalifa and Dubai Mall;
  • Business Bay, the business district that is rapidly becoming a residential hotspot.

The launch of VYB in Business Bay in September 2023 was covered by regional media including Gulf News, Al Bayan and Al Watan, marking the brand's visible entry into the market. Alongside development, Ginco Properties provides 360° property management for large communities and towers across Dubai and the Emirates, extending the client relationship well beyond the sale and positioning the company as a long-term partner for owners rather than a one-off seller.

Inside the Ginco Properties Portfolio: Residences and Penthouses in Prime Dubai

The Ginco Properties portfolio is compact, but every project sits in a strategic location. Most launches are off-plan, giving buyers a lower entry price than comparable ready units on the secondary market.

Flagship Developments

  • One Residence (Downtown Dubai): prices from around AED 1,565,000, with handover scheduled for the end of September 2028.
  • Downtown Dubai residence featured on the official website: 453 apartments ranging from studios to 4-bedroom units, from AED 1.52 million, with 20% to book.
  • Penthouse collection (Downtown District): just 29 units of 4 and 5-bedroom penthouses, from AED 8.25 million, with completion announced for Q4 2027.
  • VYB (Business Bay): residential project launched in 2023; according to Al Bayan, construction began in September 2023.
  • VELOR (Business Bay): newer launch with delivery planned for the end of December 2028.

A Diverse Unit Mix

The range serves several buyer profiles:

  • Studios and 1-bedroom apartments for short-term or long-term rental investment;
  • 2 to 4-bedroom homes for families and established expatriates;
  • Ultra-exclusive penthouses for high-net-worth buyers, a segment where Dubai has recently seen record-breaking deals.

Prices and timelines are indicative and may change. Always confirm availability, current pricing and payment terms directly with the developer or a RERA-licensed agent before committing to a unit.

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Construction Standards and Design Philosophy at Ginco Properties

The developer builds its brand around three core values: luxury, quality and innovation. These principles draw on the experience GINCO Group has accumulated since 1975 and on teams accustomed to managing complex projects.

Design Built for Urban Living

The residences in Downtown Dubai and Business Bay are designed to make the most of their surroundings:

  • layouts and glazing that maximise views of the Burj Khalifa, Dubai Canal or city skyline;
  • efficient floor plans, from compact studios to five-bedroom penthouses;
  • resort-style shared spaces such as pools, gyms, lounges and concierge services, depending on the project.

Regulatory Compliance in Dubai

Like every new project in the emirate, Ginco Properties developments must comply with the Dubai Building Code and Dubai Municipality's sustainable construction requirements, including the Al Sa'fat green building rating system. These rules govern energy efficiency, insulation, water management and fire safety.

Sustainability and Long-Term Value

The developer's mission explicitly includes the sustainable growth of communities. Beyond construction, its 360° property management service ensures ongoing maintenance of common areas, which helps protect asset value over time and keeps buildings attractive to tenants.

Specific international certifications such as LEED are not publicly detailed for each project at this stage. Careful buyers should request technical specifications, a materials list and finishing schedules before signing, and compare them with other developments in the same district.

Delivery Record: How Reliable Is Ginco Properties on Handover?

Assessing reliability is critical when buying off-plan. With Ginco Properties, it is useful to separate two layers: the group's track record and that of the real estate brand.

GINCO Group's Experience

With more than 45 years in operation, GINCO Group says it has helped shape the region's skyline and delivered projects around the world. That depth of execution experience is a reassuring foundation for any buyer.

A Younger Real Estate Brand

Ginco Properties itself is a more recent player in Dubai's residential market. Its current portfolio is mainly under construction, with handovers staggered between 2027 and 2028. There is not yet a long public record of completed projects under this brand, so thorough due diligence is essential.

Encouraging Signals

  • Construction on VYB was reported to have started in September 2023, only days after the sales launch.
  • Coverage by Khaleej Times, Gulf News and Al Bayan reflects transparent public communication.
  • Clear completion targets (Q1 2027, Q4 2027, 2028) are published for each project.

Your Due Diligence Checklist

  • Confirm the project's registration with RERA and the Dubai Land Department;
  • Verify the dedicated escrow account linked to the project;
  • Track construction progress through the official Dubai REST app.

These steps, built into Dubai's off-plan regulations, protect buyers regardless of which developer they choose, and they provide an objective view of progress between launch and handover.

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Why Investors Choose Ginco Properties in Dubai

Investing with Ginco Properties means backing prime addresses supported by an experienced group. Here are the main reasons investors shortlist the developer.

High-Liquidity Locations

Downtown Dubai and Business Bay are among the emirate's most sought-after districts for both long-term and holiday rentals. Proximity to the Burj Khalifa, Dubai Mall and DIFC supports steady rental demand, with gross yields in these areas typically observed around 5% to 7% depending on unit type.

Accessible Payment Plans

  • 20% on booking for the featured projects;
  • the balance spread across construction milestones and handover;
  • potential capital appreciation between off-plan purchase and key handover.

Tax and Residency Advantages

  • No personal income tax on rental income and no capital gains tax for individuals in the UAE;
  • Possible eligibility for the Golden Visa with a property investment of at least AED 2 million;
  • Access to Downtown penthouses, a segment that has recently seen record-breaking transactions.

Integrated After-Sales Service

Through its 360° property management arm, Ginco Properties supports owners after handover with maintenance, common-area management and tenant relations. This is especially valuable for overseas investors who cannot manage their property in person.

To book a viewing, request a call back or receive the latest availability list, contact the developer directly or speak with a licensed property advisor who can compare Ginco units with alternatives nearby.

Frequently asked questions

FAQ — Ginco Properties

Who owns Ginco Properties?

Ginco Properties is the real estate arm of GINCO Group, founded in 1975 by Chairman Gheyath Mohammad Gheyath. The group has more than 45 years of experience in the region.

What projects does Ginco Properties have in Dubai?

Key projects include One Residence in Downtown Dubai, a collection of 29 penthouses in the Downtown District, and VYB and VELOR in Business Bay.

How much does a Ginco Properties apartment cost?

Indicative starting prices are:

  • Downtown Dubai apartments from around AED 1.52 to 1.565 million;
  • 4 and 5-bedroom penthouses from AED 8.25 million.

Prices vary with availability.

What payment plan does Ginco Properties offer?

Featured projects start with 20% on booking, with the balance spread over construction and handover. Exact terms differ by project.

When will Ginco Properties projects be completed?

Handovers are staggered: Q1 and Q4 2027 for the projects shown on the official website, September 2028 for One Residence and December 2028 for VELOR, according to published schedules.

Can buying from Ginco Properties qualify me for a Golden Visa?

Yes, a property investment of at least AED 2 million can make you eligible for the UAE's 10-year Golden Visa, subject to current government requirements.

Does Ginco Properties offer property management?

Yes, the company provides 360° property management for communities and towers across Dubai and the Emirates, built on communication, quality and consistency.