- Binghatti Properties to launch 12,000 units in three months.
- AED 100 billion portfolio expansion planned within 18 months.
- Dubai’s real estate prices remain highly competitive globally.
- Strong focus on Emiratization and fostering local talent initiatives.
Dubai-based developer Binghatti Properties is making waves yet again with its bold new expansion plans. With 12,000 units set to launch in just three months, the developer aims to nearly double its project portfolio to an impressive AED 100 billion within the next 18 months. Binghatti’s dynamic growth in the Dubai real estate sector continues to attract investors and end-users alike, thanks to competitive pricing, strategic land acquisition, and its successful partnerships with prestigious global brands.
This exciting announcement follows Binghatti’s recently handed-over projects that are expected to generate over AED 3.67 billion in cash flow. Muhammad Binghatti, Chairman of Binghatti Properties, outlined the company’s strategic focus, highlighting Dubai’s affordability in comparison to global real estate markets. With the average price per square foot in Dubai at $352, which is just a third of London’s $868, Dubai remains a top destination for prime real estate investment. He further emphasized Dubai’s unparalleled quality of life, diverse services, and exceptional real estate opportunities, making it an attractive proposition for both investors and residents.
Binghatti’s future portfolio includes land purchases in key Dubai locations such as Palm Jumeirah, Business Bay, and Al Jaddaf, catering to the growing demand for high-end and mainstream residential spaces. The company is also setting its sights beyond Dubai, with a new office opening in Riyadh, marking its expansion into the Saudi Arabian market. This aligns with Binghatti’s mission to become one of the leading real estate developers in the region, offering quality, value, and innovation in every project.
Binghatti’s portfolio caters to a wide range of clientele, from uber-luxury seekers to mainstream buyers. From luxury Bugatti Residences, which feature an exclusive riviera-inspired beach and private car lifts, to more affordable options like renting a studio in Jumeirah Village Circle for AED 45,000 annually, Binghatti provides options for all. Their focus on timely delivery and technological innovation across their projects ensures that the company continues to deliver on its promises to both investors and residents.
The strength of Binghatti’s business model is further underscored by the oversubscription of its Sukuk listings, with international demand exceeding expectations. Binghatti’s commitment to Emiratization and fostering local talent, combined with its real estate broker programs for UAE nationals, reflects its broader vision of contributing to Dubai’s economy while maintaining strong growth.
Binghatti’s portfolio expansion, combined with its focus on quality, affordability, and innovation, reinforces its position as one of Dubai’s fastest-growing real estate developers. With strategic partnerships, prime locations, and a commitment to excellence, Binghatti Properties is leading the way in shaping Dubai’s real estate landscape.
For more information, visit their official website at www.binghatti.com.