ONE Development, a prominent homegrown boutique developer with offices in both Abu Dhabi and Dubai, has announced a remarkable milestone with the sell-out of the first phase of its flagship project, Laguna Residence, in under a month following its official launch. This rapid success underscores the growing confidence that both local and international investors have in the UAE’s real estate market, as well as the immense appeal of this groundbreaking development.
Located in the heart of Dubai’s City of Arabia, Laguna Residence is the UAE’s first AI-integrated residential community, blending advanced technology with modern living to create an unparalleled urban experience. The development’s unique selling point lies in its incorporation of artificial intelligence (AI) to enhance everyday living, alongside its other impressive features, including the region’s first sandy beach lagoon set on a podium, surrounded by lush, tranquil landscapes.
The Laguna Residence development boasts a range of thoughtfully designed residential units, including studios, one-, two- and three-bedroom apartments, duplexes, and exclusive “Skyhomes,” all offering panoramic views of the Dubai skyline. Residents will also benefit from a suite of AI-powered services that enhance convenience, security, and sustainability, along with easy access to more than 40 world-class amenities.
Phase one’s success has already triggered anticipation for phase two, which will further expand the community while incorporating the same cutting-edge, sustainability-focused features. According to sales data, Laguna Residence has generated significant interest from a globally diverse investor base, with both local and international buyers eager to be part of this innovative project.
Ali Al Gebely, Founder and Chairman of ONE Development, expressed his excitement about the project’s success, saying, “This milestone demonstrates the growing confidence of local and global investors in Dubai’s real estate sector, and the trust that the market has shown in ONE Development’s ability to create and deliver visionary projects. 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.”
In addition to its local success, ONE Development recently expanded its international reach by partnering with Doo Properties, a globally recognised property expert based in China. The strategic alliance was formed just 23 days after the Laguna Residence launch, highlighting ONE Development’s commitment to global expansion and its intention to make the project appealing to investors worldwide.
With the successful sellout of phase one, Laguna Residence is rapidly becoming one of Dubai’s most sought-after developments, combining cutting-edge AI technologies with world-class amenities and offering investors a unique opportunity in one of the city’s most exciting new communities.
As the second phase prepares for release, this pioneering development continues to garner attention from investors and real estate enthusiasts alike, reinforcing Dubai’s reputation as a global hub for innovative urban living.