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Binghatti
Binghatti: handover record, prices, payment plans and current projects, checked October 2026
Binghatti is a private, family-owned developer founded in 2008, known for its distinctive facades, low entry prices and the first Bugatti, Jacob & Co and Mercedes-Benz residential towers. Its 19-36-storey towers in JVC, Al Jaddaf and Business Bay have been built in 13-18 months, often on or before the stated date. Its large flagship towers, sold in 2022-2024 with handover dates about two to three and a half years out, are now running about 8-21 months behind those dates. Buyers should weigh the low prices against handover timing and heavy resale competition in Business Bay and Al Jaddaf.
What Binghatti does well
- Fast builds on mid-rise towers: Binghatti Nova took about 13 months, Creek about 14 and Canal about 17. Binghatti Corner completed in March 2024, on its estimated date.
- Low entry prices: studios from AED 585,000 at Skyflame in Majan and AED 765,000-775,000 in JVC and Al Jaddaf (Bayut, October 2026).
- Access to capital unusual for a family developer: two listed USD sukuk (2024 and 2025) and a Fitch rating.
- Strong launch demand: Skyrise was reported 50% sold in 24 hours (October 2024), and Binghatti ranked 6th in Dubai by sales value in Q1 2026.
- A one-off branded offer: residences with Bugatti, Jacob & Co and Mercedes-Benz.
Check before you buy
- Flagship dates have moved: Bugatti Residences was due December 2025 and Bayut now shows Q3 2027; Burj Binghatti was due June 2026 (now Q2 2027); One by Binghatti was due May 2026 (now Q1 2027). Check the DLD-registered date in your SPA.
- Binghatti Hillviews (due April 2026) and Binghatti Elite (due Q2 2026) were still under construction in October 2026, with no revised date published.
- Expect resale competition: Bayut showed 304 listings in Skyrise and 541 in Wraith (October 2026), and Business Bay apartment prices fell 13% in the six months to October 2026.
- Units are small and buildings dense: Skyrise has 3,302 units, 2,256 of them studios from 422 sq ft; Elite has 1,745 units in 27 storeys.
- Audited accounts, delivered-unit totals and official service charges were not published. Ask for the Mollak service charge, and pay only into the project escrow account against a DLD Oqood registration.
History
The milestones that shaped Binghatti.
- 2008Binghatti founded in Dubai by Dr Hussain BinGhatti. Early mid-rise towers in Dubai Silicon Oasis and Liwan set the interlocking-balcony look that became its signature.
- 2016Sells Binghatti Terraces in Dubai Silicon Oasis to Emirates NBD's Emirates Real Estate Fund.
- 2018Sells Binghatti Vista and Binghatti Sapphires to Bank Muscat's Izdihar Real Estate Fund for AED 200m.
- 2021Almarai buys Binghatti Beverages for AED 215m and the group focuses on property.
- 2022Announces it will accept Bitcoin and Ethereum. Launches Burj Binghatti Jacob & Co Residences in Business Bay (November), a 104-storey, 557 m tower.
- 2023Binghatti Creek (April), Binghatti Canal (June) and Binghatti Nova (October) completed. Bugatti Residences launched in May.
- 2024Mercedes-Benz Places launched in Downtown (January). USD 300m sukuk listed and Fitch rates the company B+ (March). Binghatti Corner completed on time (March). One by Binghatti (May) and Binghatti Skyrise (October) launched.
- 2025USD 500m sukuk listed on Nasdaq Dubai and the London Stock Exchange (August). New towers launched in Al Jaddaf, JVC, JVT, Majan, Motor City, Business Bay and Downtown.
- 2026Mercedes-Benz Places Binghatti City launched in MBR City. Q1 sales of AED 3.55bn. Bugatti Residences, Burj Binghatti and One by Binghatti pass their original handover estimates while still under construction.
Delivery track record
Binghatti's record splits in two. Its 19-36-storey towers have been built quickly: Binghatti Nova in JVC took about 13 months from start to completion (September 2022 to October 2023), Binghatti Creek about 14 months and Binghatti Canal about 17 months, and Binghatti Corner completed in March 2024, exactly on its estimate. Its 2022-2024 flagship launches were sold with handover dates about two to three and a half years out, and these have moved. Bugatti Residences, due December 2025, was still under construction in September 2026 and Bayut now shows Q3 2027. Burj Binghatti, due June 2026, now shows Q2 2027, and One by Binghatti, due May 2026, now shows Q1 2027. Binghatti Hillviews and Binghatti Elite passed their April and Q2 2026 estimates with no revised date published.
| Project | Promised handover | What happened | Source |
|---|---|---|---|
| Binghatti Corner, JVC | March 2024 | Completed March 2024, on its estimate | Propsearch (DLD data) |
| Binghatti Nova, JVC | Not published (construction from September 2022) | Completed October 2023, about 13 months after starting | Propsearch (DLD data) |
| Binghatti Canal, Business Bay | Not published (construction from January 2022) | Completed June 2023, about 17 months after starting | Propsearch (DLD data) |
| Bugatti Residences, Business Bay | December 2025 (estimate at launch, May 2023) | Under construction September 2026; Bayut shows Q3 2027 | Propsearch; Bayut |
| Burj Binghatti Jacob & Co, Business Bay | June 2026 | Under construction July 2026; Bayut shows Q2 2027 | Propsearch; Bayut |
| One by Binghatti, Business Bay | May 2026 | Under construction; Bayut shows Q1 2027 | Propsearch; Bayut |
| Binghatti Hillviews, Dubai Science Park | April 2026 | Under construction October 2026; no revised date published | Propsearch |
| Binghatti Elite, Dubai Production City | Q2 2026 | Under construction October 2026; no revised date published | Propsearch |
Binghatti projects selling or being built now
Starting prices are launch or asking prices at the date shown. Prices move, payment plans change and some projects sell out quickly, so ask us for today’s availability.
| Project | Area | Type | Bedrooms | Sizes | Starting price | Price per sq ft | Payment plan | Handover | Status |
|---|---|---|---|---|---|---|---|---|---|
| Bugatti Residences by Binghatti | Business Bay | Branded apartments and penthouses | 2-4 and penthouses | 3,080-6,788 sq ft | AED 19.4m (launch price, Bayut, October 2026) | AED 3,110-11,260 (DLD resales, August-September 2026) | 70/30 | Q3 2027 (Bayut); original estimate December 2025 | Under construction |
| Burj Binghatti Jacob & Co Residences | Business Bay | Branded apartments and penthouses | 2-6 | 2,261-5,619 sq ft | AED 13.2m (Bayut, October 2026) | AED 2,630-6,410 (DLD, July-August 2026) | 70/30 | Q2 2027 (Bayut); original estimate June 2026 | Under construction |
| Mercedes-Benz Places | Binghatti | Downtown Dubai | Branded apartments and penthouses | 2-5 | 1,837-3,568 sq ft | AED 10m (launch, January 2024) | AED 3,350-8,410 (DLD, August 2026) | December 2026 (Propsearch) | Under construction | |
| Mercedes-Benz Places Binghatti City (Maybach towers, Vision Iconic) | Binghatti City, MBR City | Branded apartments | AED 1.35m (Maybach towers); AED 2.25m (Vision Iconic) (Bayut, October 2026) | 40/60 (Maybach Six and Ultimate Luxury); 70/30 (Project Maybach) | Q4 2027 (Project Maybach); Q2 2028 (Maybach Six and Ultimate Luxury); Q4 2028 (Vision Iconic) | Selling | |||
| Binghatti Skyrise | Business Bay | Apartments | Studio-3 | 422-1,991 sq ft | AED 975,000 (studio, launch, October 2024) | AED 1,840-3,000 (DLD, September 2026) | 20/50/30 | December 2026 (Propsearch); Q4 2026 (Bayut) | Under construction |
| One by Binghatti | Business Bay | Apartments, duplexes and penthouses | Studio-4 | 1,009-1,565 sq ft (DLD records) | AED 1.7m (launch, May 2024) | AED 1,890-3,120 (DLD, September 2026) | 20/50/30 | Q1 2027 (Bayut); original estimate May 2026 | Under construction |
| Binghatti Aquarise | Business Bay | Apartments | From studio | AED 999,000 (Bayut, October 2026) | 40/60 | Q4 2027 | Selling | ||
| Binghatti Skyhall | Business Bay | Apartments | Under construction | ||||||
| Binghatti Skyblade | Downtown Dubai | Apartments | From studio | AED 1.76m (Bayut, October 2026) | 70/30 | Q4 2027 | Selling | ||
| Binghatti Hills | Dubai Science Park | Apartments | Studio-2 | 446-1,680 sq ft (DLD records) | AED 1,190-1,800 (DLD, September 2026) | Under construction | |||
| Binghatti Hillviews | Dubai Science Park | Apartments | Studio-2 | 410-1,592 sq ft | Studios from AED 750,000 (DLD, September 2026) | AED 1,200-2,010 (DLD, September 2026) | Original estimate April 2026; no revised date published | Under construction | |
| Binghatti Elite | Dubai Production City | Apartments | Studio-1 | 374-1,062 sq ft | Studios from AED 560,000 (DLD, September 2026) | AED 942-2,000 (DLD, September 2026) | Original estimate Q2 2026; no revised date published | Under construction | |
| Binghatti Amberhall | Apartments | Under construction | |||||||
| Binghatti Etherea | JVC District 11 | Apartments | Studio-1 | AED 765,000 (studio, Bayut, October 2026) | 70/30 | Q4 2027 | Selling | ||
| Binghatti Luxuria | JVT District 4 | Apartments | From studio | AED 766,000 (Bayut, October 2026) | 70/30 | Q3 2027 | Selling | ||
| Binghatti Cullinan | Al Jaddaf | Apartments | From studio | AED 820,000 (Bayut, October 2026) | 70/30 | Q3 2027 | Selling | ||
| Binghatti Wraith | Al Jaddaf | Apartments | From studio | AED 775,000 (Bayut, October 2026) | 50/50 | Q4 2027 | Selling | ||
| Binghatti Spectre | Al Jaddaf | Apartments | From studio | AED 775,000 (Bayut, October 2026) | 50/50 | Q4 2028 | Selling | ||
| Binghatti Starfall | Al Jaddaf | Apartments | AED 770,000 (Bayut, October 2026) | Q3 2028 | Selling | ||||
| Binghatti Ghost, Moonlight, Twilight, Starlight, Ivory and Pinnacle | Al Jaddaf | Apartments | Studio-3 | Selling | |||||
| Binghatti Skyterraces | Motor City | Apartments | From studio | AED 775,000 (Bayut, October 2026) | 40/60 | Q4 2027 | Selling | ||
| Binghatti Skyflame 1 and 2 | Majan | Apartments | From studio | AED 585,000 (Bayut, October 2026) | 40/60 | Q4 2027 | Selling | ||
| Binghatti Vintage and Binghatti Titania | Majan | Apartments | Selling | ||||||
| Binghatti Hillcrest | Arjan | Apartments | Selling | ||||||
| Binghatti Haven | Dubai Sports City | Apartments | Selling | ||||||
| Tilal Binghatti | Academic City | Villas | Launching (2026) |
Completed projects
| Project | Area | Completed | Type | Notes |
|---|---|---|---|---|
| Binghatti Terraces | Dubai Silicon Oasis | By 2016 | Apartments | Sold to Emirates NBD's Emirates Real Estate Fund in 2016. |
| Binghatti Vista and Binghatti Sapphires | Dubai Silicon Oasis | By 2018 | Apartments | Sold to Bank Muscat's Izdihar Real Estate Fund for AED 200m in 2018. |
| Binghatti Pearls | Dubai Silicon Oasis | Before 2022 | Apartments | Named by Dubai Culture in October 2022 as one of seven must-see architectural sights in Dubai. |
| Binghatti Creek | Al Jaddaf | 2023 | Apartments | 19 storeys, completed April 2023 about 14 months after starting. DLD resales AED 1,310-1,390 per sq ft (April-June 2026). |
| Binghatti Canal | Business Bay | 2023 | Apartments | 26 storeys, 293 units, completed June 2023. DLD resales AED 1,730-2,430 per sq ft (May-September 2026). |
| Binghatti Nova | JVC | 2023 | Apartments | Completed October 2023 about 13 months after starting. DLD resales AED 1,030-1,620 per sq ft (February-September 2026). |
| Binghatti Corner | JVC District 10 | 2024 | Apartments | 36 storeys, completed March 2024 on its estimated date. DLD resales AED 1,170-1,410 per sq ft (August-September 2026). |
| Binghatti Gateway | Al Jaddaf | Apartments | Average DLD sale price AED 961,000 (Bayut, October 2026). | |
| Millennium Binghatti Residences | Business Bay | Hotel-branded apartments | Hotel residences run with Millennium. |
How owners have done
Owners of Binghatti's finished mid-rise towers have an active resale market. DLD sales in 2026 put Binghatti Nova and Binghatti Corner in JVC at AED 1,030-1,620 per sq ft and Binghatti Canal in Business Bay at AED 1,730-2,430. For the 2024 launches, resale prices so far are close to launch prices. Skyrise studios launched from AED 975,000 in October 2024 and resold at AED 1.0-1.03m in September 2026, while Skyrise 1-beds launched from AED 2.0m resold at AED 1.4-2.04m. Mercedes-Benz Places 2-beds traded at AED 8.5-10.4m in August 2026, against launch prices from AED 8.8-10m in January 2024. The market has cooled in 2026: Bayut shows Business Bay apartment prices down 13% and JVC down 4% (transactions) in the six months to October 2026, while Al Jaddaf rose 5%. Bayut's gross yields for October 2026 are up to 7.05% in JVC, 6.15% in Al Jaddaf and 5.57% in Business Bay.
| Community | Price per sq ft | Change | Gross yield | Source |
|---|---|---|---|---|
| JVC (Binghatti Nova, Binghatti Corner) | AED 1,030-1,620 (DLD, February-September 2026) | -4% on transactions, six months to October 2026 | Up to 7.05% (Bayut, October 2026) | Propsearch; Bayut |
| Business Bay, ready (Binghatti Canal) | AED 1,730-2,430 (DLD, May-September 2026) | -13%, six months to October 2026 | Up to 5.57% (Bayut, October 2026) | Propsearch; Bayut |
| Business Bay, off-plan (Skyrise, One by Binghatti) | AED 1,840-3,120 (DLD, September 2026) | -13% for Business Bay, six months to October 2026 | Not published | Propsearch; Bayut |
| Al Jaddaf (Binghatti Creek) | AED 1,310-1,390 (DLD, April-June 2026) | +5%, six months to October 2026 | Up to 6.15% (Bayut, October 2026) | Propsearch; Bayut |
| Dubai Science Park and Production City, off-plan (Hills, Hillviews, Elite) | AED 942-2,010 (DLD, September 2026) | Not published | Not published | Propsearch |
| Branded towers (Bugatti, Burj Binghatti, Mercedes-Benz Places) | AED 2,630-11,260 (DLD, July-September 2026) | Not published | Not published | Propsearch |
Bayut and Property Finder figures are mostly asking prices and rents, not completed sales. Yields are gross, before service charges, maintenance and empty periods.
Payment plans and what’s on offer
- Payment plans
- Construction-linked plans of 40/60, 50/50 or 70/30 depending on the tower (Bayut, October 2026). Skyrise and One by Binghatti used 20% on booking, 50% during construction and 30% on handover.
- Post-handover plans
- None on the current launches listed by Bayut (October 2026).
- Golden Visa
- Property worth AED 2m or more qualifies. The branded towers and larger Business Bay units clear this; most Binghatti studios and 1-beds (about AED 560,000-1.4m, 2026) do not on their own.
- Mortgages on off-plan
- Binghatti has an agreement with Emirates Islamic for preferential customer finance (company news, undated). Banks normally lend on off-plan only once about half the building is complete.
- Branded residences
- Bugatti Residences (Business Bay), Burj Binghatti Jacob & Co (Business Bay), Mercedes-Benz Places (Downtown), Mercedes-Benz Places Binghatti City (MBR City) and Millennium Binghatti Residences.
- Service charges
- Not published by Binghatti. A broker estimate (2026) puts JVC and Dubai Silicon Oasis towers at AED 10-13 per sq ft a year and Business Bay and Downtown branded towers at AED 15-18. Check Mollak for the exact building.
- Crypto payments
- Binghatti announced in 2022 that it accepts Bitcoin and Ethereum.
- Retail
- Most towers have ground-floor shops, for example 31 at Skyrise and 9 at One by Binghatti.
Who Binghatti suits
Binghatti suits investors who want a Dubai studio or 1-bed under about AED 1m in JVC, Al Jaddaf, Majan, Dubai Science Park or Motor City, paying 40-70% during construction, and who are comfortable holding through a possible delay. It also suits buyers who want a Bugatti, Jacob & Co or Mercedes-Benz address. It suits less well end-users who need space (Skyrise studios start at 422 sq ft, Elite studios at 374 sq ft), buyers who need a firm move-in date on a flagship tower, or anyone planning a quick resale in 2026, when several Binghatti towers have hundreds of resale listings and Business Bay prices are falling.
Thinking of buying? We have sold off-plan for the major developers and can compare Binghatti projects with similar homes from others, including resales that may cost less than a new launch.
Binghatti FAQs
Is Binghatti a good developer?
Binghatti is a fast-growing private developer founded in 2008, ranked 6th in Dubai by sales value in Q1 2026. Its mid-rise towers in JVC, Al Jaddaf and Business Bay have been finished in 13-18 months, often on time. Its large branded towers are running about 8-21 months behind the dates given at launch, so check the DLD date and construction progress before you buy.
What is the Binghatti payment plan?
Construction-linked plans of 40/60, 50/50 or 70/30 depending on the tower, usually with 10-20% on booking and the rest by handover (Bayut, October 2026). Skyrise and One by Binghatti used 20/50/30. Current launches do not offer post-handover instalments.
Are Binghatti projects delayed?
The smaller towers mostly have not been: Binghatti Corner completed in March 2024 as estimated. The flagship towers have: Bugatti Residences was due December 2025 and Bayut now shows Q3 2027, Burj Binghatti was due June 2026 (now Q2 2027) and One by Binghatti was due May 2026 (now Q1 2027). Hillviews and Elite passed their 2026 estimates with no revised date published.
When will Bugatti Residences by Binghatti be handed over?
The estimate at launch in May 2023 was December 2025. The tower was still under construction in September 2026 and Bayut shows Q3 2027. No official revised date was published by October 2026.
What is the Burj Binghatti completion date?
Burj Binghatti Jacob & Co Residences, a 104-storey tower in Business Bay, had an estimated handover of June 2026. It was still under construction in July 2026 and Bayut shows Q2 2027.
What are Binghatti service charges?
Binghatti does not publish them. A broker estimate (2026) puts JVC and Dubai Silicon Oasis towers at AED 10-13 per sq ft a year and Business Bay and Downtown branded towers at AED 15-18. Check the Mollak figure for the building.
What rental yield do Binghatti apartments earn?
Bayut's area figures for October 2026 show gross yields of up to 7.05% in JVC, 6.15% in Al Jaddaf and 5.57% in Business Bay. Small studios tend to sit at the upper end and branded towers lower.
What is the cheapest Binghatti apartment?
Studios from AED 585,000 at Skyflame in Majan and AED 765,000-775,000 at Etherea, Wraith and Spectre (Bayut, October 2026). Resale studios at Binghatti Elite in Production City traded from AED 560,000 in September 2026.
Who owns Binghatti and is it financially sound?
The BinGhatti family owns it privately: founder Dr Hussain BinGhatti, Chairman Muhammad BinGhatti and CEO Katralnada BinGhatti. It raised USD 300m in 2024 at 9.625% and USD 500m in 2025 through listed sukuk, and Fitch rated it B+ with a positive outlook in March 2024. It does not publish accessible audited accounts.
Do Binghatti properties qualify for the Golden Visa?
Only units worth AED 2m or more qualify. That covers the branded towers and larger Business Bay units; most Binghatti studios and 1-beds (about AED 560,000-1.4m in 2026) do not on their own.
Sources and how we checked (26)
Facts checked October 2026 from the developer’s own announcements and results, Dubai Land Department records (via Property Finder, DXBinteract and Propsearch), Bayut market reports and the press. Figures given by the developer are labelled as theirs. This page is information, not financial advice.
- Binghatti: About us
- Binghatti: homepage project list
- Binghatti: news
- Wikipedia: Binghatti
- Khaleej Times: Binghatti and Mercedes-Benz launch USD 1bn tower, 24 January 2024
- Khaleej Times: Binghatti launches Bugatti Residences, 15 May 2023
- Khaleej Times: Binghatti lists USD 300m sukuk on Nasdaq Dubai, 7 March 2024
- Bayut: Binghatti new projects
- Time Homes: Dubai developer rankings Q1 2026 (DLD data), 25 March 2026
- Propsearch: Bugatti Residences
- Propsearch: Burj Binghatti Jacob & Co Residences
- Propsearch: Mercedes-Benz Places | Binghatti
- Propsearch: One by Binghatti
- Propsearch: Binghatti Skyrise
- Propsearch: Binghatti Hills
- Propsearch: Binghatti Hillviews
- Propsearch: Binghatti Elite
- Propsearch: Binghatti Creek
- Propsearch: Binghatti Canal
- Propsearch: Binghatti Nova
- Propsearch: Binghatti Corner
- Bayut: Binghatti Skyrise building guide
- Bayut: apartments for sale in Business Bay
- Bayut: apartments for sale in JVC
- Bayut: apartments for sale in Al Jaddaf
- Real Estate Club Dubai: Binghatti developer profile