Dubai-based Binghatti Announces $1.09b Project

The real estate development marks the property developer’s comeback after a two-year hiatus

September 11, 2024 | Staff Reporter | UAE | Developers

Dubai-based Binghatti Announces $1.09b Project

Dubai-based property brand Binghatti has launched the first project in Al Jaddaf, Binghatti Ghost, at a total value of AED 4 billion. This highly anticipated real estate development marks Binghatti’s comeback due to growing demands after a two-year hiatus, according to a press release.

The new property will feature a total of 770 residential units, a hotel-style swimming pool, and an amenity floor as well as a children’s pool and play area. It will also include a fully equipped gym, multi-purpose lawn, scenic jogging lane, and a viewing deck offering panoramic views of the city.

The project embodies our commitment to delivering cutting-edge real estate opportunities. The overwhelming response from the market has compelled us to bring this exceptional development to life and we are confident that this will set a new standard for contemporary high-end living in the area.

Muhammad BinGhatti, Chairman of Binghatti

As a community, Al Jaddaf has major landmarks, such as the Jaddaf Waterfront, downtown Dubai, Zabeel Palace, Dubai International Financial Centre (DIFC), Dubai HealthCare City, and Dubai Festival City (DFC).

The Chairman of Binghatti, Muhammad BinGhatti, commented, “This project embodies our commitment to delivering cutting-edge real estate opportunities. The overwhelming response from the market has compelled us to bring this exceptional development to life and we are confident that this will set a new standard for contemporary high-end living in the area.”

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