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A $544mln AI-integrated project at City of Arabia has been unveiled by ONE Development

A $544mln AI-integrated project at City of Arabia has been unveiled by ONE Development

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A $544mln AI-integrated project at City of Arabia has been unveiled by ONE Development

October 25, 2024
in Dubai, Reports and Updates, UAE
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A $544mln AI-integrated project at City of Arabia has been unveiled by ONE Development
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In Dubai’s City of Arabia, ONE Development, a domestic boutique developer with offices and showrooms in Abu Dhabi and Dubai, has announced the opening of Laguna Residence, its flagship project, which is valued at AED2 billion ($544 million).

The largest lagoon is situated on a podium between two recognizable high-rise towers at Laguna Residence, which is expected to be the first fully AI-integrated residential development in the area. The house provides a private haven with unhindered views of the skyline of Dubai.

According to ONE Development, the unique community offers a variety of unit options with flexible payment plans to prospective investors, including studios, three-bedroom apartments, duplexes, and sky-homes.

A thriving amenities hub that spans the two towers and offers over 40 first-rate features, such as social areas, wellness centers, and entertainment, creates an exciting and cohesive living environment where the possibilities are endless.

It is anticipated that the Laguna Residence will develop into a recognizable strategic project that draws in investors and homebuyers.

It was formally introduced at a grand event at the Coca-Cola Arena that drew an amazing cast of celebrities, including Bollywood star Kareena Kapoor, Egyptian actor Amir Karara, and international music sensation Amr Diab. Egyptian star Sherif Mounir and international presenter Raya Abi-rached hosted the event.

Later, the guests were treated to an amazing unveiling of Laguna Residence’s distinctive features, which reflected ONE Development’s goal of raising the standard for the real estate sector.

Speaking at the launch, Founder & Chairman, Ali Al Gebely, said: “Laguna Residence is a unique project, introducing the UAE’s first AI-integrated residential community. It offers a sophisticated lifestyle, combining convenience with personalized services.”

“Our goal is to redefine the real estate industry by elevating daily life and reshaping the meaning of quality living. This community not only embraces technology, innovation, and sustainability but also champions eco-friendly solutions,” he stated.

“As a homegrown boutique developer, our mission is to reflect the unique aspirations and lifestyles of our clientele in the UAE. By delivering iconic, high-quality developments, we align with the UAE’s strategic ambitions and leadership’s vision to attract local, regional, and international investors, setting a new benchmark in the real estate industry,” he added.

Tags: AI-integrated ProjectCity of ArabiaDubaiOne DevelopmentReal EstateUAE

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