Binghatti Launches $1.36b Skyrise Project in Business Bay

The real estate development offers convenient access to Dubai’s major attractions, commercial centers, and recreational spots

Dubai-based real estate brand Binghatti Developers has revealed Binghatti Skyrise, a new AED5 billion ($1.36 billion) landmark located in the vibrant Business Bay area of Dubai. This prime location is ideally positioned to address the growing demand for high-end residential units in proximity to the Burj Khalifa and the Dubai Water Canal. According to a statement, this marks a strategic initiative to enhance its footprint in Dubai’s luxury real estate market.

This launch further aligns with Binghatti’s ambitious goal to expand its project portfolio to exceed AED100 billion within the next 18 months. The project boasts an impressive architectural design, featuring 3,333 residential units crafted in a modern aesthetic.

Binghatti Skyrise represents a new step towards enhancing excellence in delivering unique residential experiences. We always strive to exceed expectations and innovate living spaces that combine luxury and innovation, embodying our vision to make a significant impact on Dubai’s real estate market and double our real estate portfolio to AED100 billion within the next 18 months.

Muhammad BinGhatti, Chairman, Binghatti Developers

Nestled in Dubai’s Business Bay district, the extensive waterfront development ensures easy access to Downtown Dubai, while offering breathtaking views of Burj Khalifa and Dubai Water Canal. Chairman Muhammad BinGhatti commented, “Binghatti Skyrise represents a new step towards enhancing excellence in delivering unique residential experiences. We always strive to exceed expectations and innovate living spaces that combine luxury and innovation, embodying our vision to make a significant impact on Dubai’s real estate market and double our real estate portfolio to AED100 billion within the next 18 months.”

Binghatti Skyrise occupies one of the last remaining plots in Business Bay and offers convenient access to Dubai’s major attractions, commercial centers, and recreational spots. Residents will benefit from an array of over 15 premium amenities, including luxurious swimming pools, a private golf course, tennis courts, a fully equipped fitness centre, a children’s water park, and designated areas for yoga and relaxation.

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