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ONE Development, a homegrown boutique real estate developer with offices in Abu Dhabi and Dubai, has announced the complete sell-out of the first phase of its flagship project, Laguna Residence, in under a month since its official launch.
This rapid success underscores the unique appeal of the development.
Located in the heart of Dubai’s City of Arabia, Laguna Residence is the UAE’s first AI-integrated residential community, offering a forward-thinking blend of technology, sustainability, and luxury.
The development features the region’s first sandy beach lagoon, set on a podium surrounded by lush landscapes, and boasts panoramic views of the Dubai skyline.
The residential community includes a range of meticulously designed living spaces, from studios to three-bedroom apartments, duplexes, and “Skyhomes”.
These homes are designed to meet the demands of modern urban living, with AI-powered services that enhance daily life and sustainability-focused features that align with the growing demand for environmentally conscious developments.
In addition to the cutting-edge living options, residents will have access to more than 40 world-class amenities, ensuring a lifestyle that blends comfort, innovation, and convenience.
Sales data reveals that the development has attracted a globally diverse group of investors, solidifying its position as a sought-after destination for both local and international buyers.
Growing confidence of local and global investors
Ali Al Gebely, founder and chairman of ONE Development, expressed his pride in the project’s success. “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,” he said.
“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 is a perfect example of how individual elements can come together to create a development that combines our unique AI-infused infrastructure and services with comfort and style.”
The overwhelming demand for the first phase of Laguna Residence comes as no surprise given Dubai’s ongoing status as a global investment hub. The project’s innovative use of artificial intelligence, combined with its luxurious design and eco-conscious features, has made it an attractive option for those seeking both cutting-edge living and solid investment opportunities.
Phase two of Laguna Residence
Looking ahead, ONE Development is preparing to release phase two of Laguna Residence, which will further build on the success of the initial phase.
Phase two will continue to incorporate the same AI-driven services, sustainability elements, and high-end amenities, ensuring that the development continues to meet the evolving needs of modern residents and investors.
In addition to the success of the project in Dubai, ONE Development has expanded its global reach with an international partnership. The developer recently signed an agreement with Doo Properties, a globally recognised property firm, to represent Laguna Residence in China.
This collaboration was finalised just 23 days after the launch of the development.