Photo of the community −14% Ginco Properties
Part of the Ginco Group family holding, which has been in real estate for years, but the residential brand itself is building simultaneously in three districts with very different characters — Business Bay, Downtown and Dubai Hills Estate.
5 lots in stock across 3 projects. Of the 5 with a known status: 2 ready, 3 under construction. By median price — 101st of 139.
- Different formats from one developer — from a business-district tower to a villa community
- A completed home in Dubai Hills Estate
- A mixed-use asset in the very centre of Downtown
- Buyers comparing several districts at once
Where they build
The districts where this developer has the most lots in our stock.
The company in brief
Checkable facts about the developer itself. Unlike the figures above, these are not about our stock and do not move with what happens to be listed today.
- Parent structure
- Ginco Group, founded in 1975 by Gheyath Mohammad Gheyath
- Delivered
- Prive Residences in Dubai Hills Estate — completed in 2023
- Under construction
- VYB in Business Bay (21 storeys) and One Residence in Downtown Dubai (36 storeys, mixed-use)
- Architect
- the same firm across all three projects, Datum Engineering Consultants
What kind of developer this is
Who this is, and where the three-district portfolio comes from
The company sits inside a wider family holding that has been active in real estate for years, but the residential brand under which apartments are sold to private buyers is a newer line and one that is actively expanding right now. That explains the geographic spread: rather than settling into one district and specialising, the developer is running projects simultaneously across business, tourist and residential segments of the city at once.
That strategy is not unusual for a holding entering residential development not from scratch but backed by existing capital and connections across different property segments. The upside is that the company is not dependent on one district or one type of buyer. The downside is that its reputation is harder to compare than a developer with one clear specialism: a good result in Dubai Hills does not guarantee the same outcome in Business Bay.
Prive Residences — the one completed benchmark
The Dubai Hills Estate building is delivered and occupied — the only project in the company's portfolio that has gone through a full cycle from construction to operation, and the one worth judging real quality by, rather than the brochures of buildings still under construction. Dubai Hills is one of the city's most stable residential master plans, with its own golf course, park and mall, and a building there automatically inherits access to well-developed infrastructure next door.
For a buyer who wants to judge a developer by fact rather than promise, this is the most honest reference point in the company's portfolio: you can see how the building looks today, what owners say, and how the company behaved at handover — instead of guessing from renders.
Business Bay and Downtown — two projects under construction
In Business Bay, the company is building a mid-scale residential tower — a typical format for a district aimed at tenants who work nearby and value proximity to the canal and the metro more than unit size. In Downtown Dubai, right in the city centre, it has a considerably larger mixed-use project combining housing with a commercial component — a different level of ambition and a different buyer profile, oriented toward the emirate's tourist and business core.
Both projects under construction are being delivered by the same architectural firm — a rare consistency for a smaller developer. Working with the same design firm across different buildings usually means a smoother approvals process and fewer surprises where project documentation meets the actual build.
What a mixed-use format in Downtown actually means
The Downtown building combines housing with a commercial component — a typical format for the city centre, where the ground floors almost always hold retail or offices rather than a purely residential entrance. For an apartment buyer that means a livelier environment around the building than in a suburban district, and it also means checking carefully how zones and flows are separated between the building's commercial and residential users.
In buildings like this, the cost-sharing formula between the commercial and residential parts is a document worth reading before deciding, not after: it determines what share of the service charge residential owners actually pay and how voting weight in the owners' association is split relative to commercial-space owners.
What to check on each of the three projects
For the delivered Dubai Hills building — the condition of common areas years after occupancy, the discipline of service-charge collection, and feedback from current owners. For the two under construction — actual site progress against the published schedule, escrow account status and registry registration, as with any off-plan purchase.
For the Business Bay project specifically, check new-supply competition in the district — it is traditionally high there — and for the Downtown building, the actual share of residential space within the overall mixed-use volume and how the commercial component will affect residents' daily life.
How I work with this developer
Because the company has three projects across three districts with different logic, I never carry an impression from one over to another: for a client looking at Business Bay, the key questions concern new-supply competition and nearby achievable rent; for someone considering Downtown, it is the residential share within the mixed-use building and the view toward the centre's landmarks.
I use the delivered Dubai Hills building as a check point for the other two: I look at how closely the actual timeline and quality matched what was promised at the sales stage, and I carry that conclusion into expectations for the buildings under construction — with the caveat that each new project from this developer can differ from the last.
Projects by Ginco Properties
All projects →Ginco Properties listings in stock
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Photo of the community What these numbers mean, and what they do not
There is no “developer” column in the base — a lot is attributed by its project name. The figures on this page speak about our stock, not about the company’s share of the Dubai market: a large developer with a big completed portfolio may appear smaller than one whose units come up for resale more often.
Prices come from listings, not from closed deals. For a particular building I retrieve the registered Land Department sales and show the real closing prices.
In the news
Ginco Properties: building in Business Bay, where supply is the whole question
A developer with a tower under construction in Business Bay. The district has plenty of demand and even more supply — and that ratio, not the building, decides the outcome.
Other developers
All developers →Ginco Properties: questions and answers
How much does a Ginco Properties apartment cost?
The median across this developer's lots in our stock is $373K (AED 1 370 000), with entry from $327K. These are asking prices out of our own base, recalculated every night; they follow what the developer and its sellers actually have on the market, not the price list on a corporate site.
Are there discounts on Ginco Properties property?
Right now the base holds 4 lots from this developer priced below the market, with the deepest cut at 14%. This is not a Ginco Properties promotion: below-market prices come from private sellers on resale or assignment who need a quick exit. An algorithm sets the size of the discount against comparable property; no broker types it in by hand.
Is Ginco Properties a reliable developer?
Delivered: Prive Residences in Dubai Hills Estate — completed in 2023. The register of the Land Department is the source that matters, not the brochure: it lists the licence, each project’s progress in per cent and the escrow account. On off-plan the buyer’s money sits in that account under RERA control and is paid out as construction stages are verified. The complete dossier is in the write-up above.
What projects is Ginco Properties building?
Above on this page: 1 project by Ginco Properties from our catalogue, each with a passport covering floors, units, handover and bedrooms. The districts holding most of its lots are grouped under “Where they build”. Lots on sale, when there are any, sit right under the project.
Should I buy from Ginco Properties direct or through a broker?
Money-wise there is no difference: on off-plan the broker is paid by Ginco Properties, not by you, so calling the sales office direct saves nothing. What differs is the view — the developer’s sales team sells only its own buildings and will not mention that the same unit costs less next door or that this project hands over later. On resale and assignment the commission is the usual 2% plus VAT.
Is Ginco Properties worth buying
It depends what you are buying and why. Send me your budget and the job it has to do — I will tell you which of this developer's projects make sense right now and which I would walk past.
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