What do you know about Binghatti Real Estate Development Company in Dubai?
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Binghatti Real Estate Development Company is considered one of the leading companies in the real estate development sector in Dubai and the United Arab Emirates. The company was established with the aim of transforming the real estate landscape in the region through its innovative designs and ambitious projects.
Establishment and Evolution of Binghatti Company
Binghatti Real Estate Development Company was founded in 2014, and since then it has set a primary goal of redefining real estate standards in Dubai by offering projects that combine creative design with integrated facilities. The company is part of the Binghatti Group, which has a long-standing history in various sectors. The establishment of the company was part of a broader vision for the Binghatti Group, known for its diverse economic activities in the Gulf region. Since its inception, the company has focused on delivering exceptional real estate projects characterized by excellence in design and quality. The company rapidly evolved and became one of the well-known names in the real estate sector in Dubai within just a few years.
In its early years, Binghatti achieved remarkable successes that contributed to enhancing its position in the Dubai real estate market. The company launched its first project in Dubai Silicon Oasis, thereby making a strong entry into the market. Binghatti's developmental strategy centered on selecting strategic locations for its projects, particularly in desirable areas such as Business Bay and Jumeirah Village Circle.
Binghatti has received numerous prestigious awards in the real estate sector, including design and innovation excellence awards from several international institutions such as Forbes Middle East. It has been listed among the top real estate development companies in the UAE for several consecutive years and is regarded as one of the trusted names among clients and investors seeking quality and innovation in Dubai's real estate market.
Design and Construction Philosophy
Binghatti is distinguished by its bold and modern architectural designs that blend functional beauty with innovation. The company aims to deliver projects that align with the requirements and tastes of contemporary clients. Its design philosophy includes the use of high-quality building materials and designs that achieve a balance between economic aesthetics and luxury.
Among the notable aspects of Binghatti is its commitment to sustainability in its projects. The company utilizes environmentally friendly construction techniques and emphasizes the integration of clean energy and environmental sustainability in all its projects. This commitment is considered one of the key reasons for its success and competitiveness in the market.
Company Strategies
- Innovative Design: The success of Binghatti's projects begins with design, as it merges local identity with the latest global architectural trends. For instance, the company employs geometric patterns that resonate with Arabic culture while offering modern interpretations.
- Technology and Sustainability: The company relies on modern construction technology, including techniques aimed at reducing energy consumption. All of the company’s projects strive to achieve environmental sustainability and energy efficiency.
Company Growth and Statistics
- According to a report published on Astiqar News, the company has experienced a 30% growth in the number of projects over the past three years. Additionally, the value of its investments has doubled due to effective management and adherence to the highest quality standards in project execution.
- Reports from Property Finder indicate that Binghatti is leading several ambitious projects in areas such as Business Bay and Dubai Silicon Oasis, with plans to expand into other markets both within the UAE and internationally.
Highlighted Projects of Binghatti Real Estate
Binghatti Jacob & Co. Residences
The Binghatti Jacob & Co. Residence Tower, located in Business Bay, Dubai, is a modern architectural masterpiece designed to provide its residents with an exclusive lifestyle. It is one of Binghatti's highly distinctive and currently under-construction projects. The design of the Ben Ghatti Jacob & Co. Residences is inspired by the artistry of timepieces, reflecting the renowned Jacob & Co. brand known worldwide for its luxury jewelry and watchmaking. One of the most striking features of its stunning design is the crown situated at the top of the tower. According to information available on Binghatti's official website, once completed, the tower will be the largest residential building in the world, standing at 119 stories.
The Binghatti Jacob & Co.Residence Tower is conveniently located near many of the emirate's key sites, including the Dubai Design District, Dubai Creek, as well as the iconic Burj Khalifa and Downtown Dubai. Additionally, the tower will offer a wide array of service and entertainment facilities, such as an infinity pool with views of the Dubai skyline, a luxurious spa, daycare services, dining options, and numerous other amenities that make it one of the distinguished ongoing projects in Dubai.
- Types of Residential Units: One-, two-, and three-bedroom apartments, as well as townhouses
- Location: Business Bay
- Expected Completion Date: Q2 2026
Binghatti Phantom
The Binghatti Phantom project is one of the latest developments recently launched by Binghatti i Real Estate. Situated in Jumeirah Village Circle, it brings a charming architectural touch to the area. Phantom features a collection of luxury apartments distinguished by its modern design. The project offers its residents a wide range of service and recreational facilities, not to mention its excellent location near tourist attractions, tranquil spaces, and green landscapes. The residential units at Binghatti Phantom, one of Binghatti's prominent projects, are characterized by elegant architectural design and meticulously coordinated interiors.
- Types of Residential Units: One-, two-, and three-bedroom apartments
- Location: Jumeirah Village Circle
- Expected Completion Date: Q3 2025
Binghatti Hills
The Binghatti Hills project is one of the most notable developments still on the drawing board. This distinguished residential project elevates the concept of luxury living to a new level, providing a wide range of service amenities and recreational facilities designed to enhance a lavish lifestyle. It features several entertainment venues, dedicated seating areas, expansive gardens, a cinema amphitheater, and outdoor sports facilities, including tennis, football, and basketball courts, in addition to swimming pools for both adults and children.
- Types of Residential Units: Studios, one-bedroom, and two-bedroom apartments
- Location: Dubai Science Park
- Expected Completion Date: Second half of 2026
Mercedes-Benz Places by Binghatti
Mercedes-Benz Places by Binghatti is a luxurious residential project located in Downtown Dubai, developed in collaboration with Mercedes-Benz. The project consists of 65 floors and stands at a height of 341 meters. It symbolizes a unique integration of the elegance of real estate with the luxury of automobiles, featuring a wide range of luxurious apartments with options ranging from one to five bedrooms. The project is surrounded by several iconic buildings, including The Dubai Mall, the Museum of the Future, and the renowned Burj Khalifa.
Binghatti Mercedes-Benz Places, the latest project by Binghatti, offers numerous service and recreational amenities across three service levels, providing residents with everything they need. Among the key facilities in the project are swimming pools, gyms, gardens, as well as parking spaces, spa facilities, retail shops, and sports courts.
- Types of Residential Units: One-bedroom to three-bedroom apartments, as well as 4 and 5-bedroom penthouses
- Location: Downtown Dubai
- Expected Completion Date: December 2026
Bugatti Residences by Binghatti
Bugatti Residences in Business Bay is a modern architectural masterpiece built on the foundations of collaboration between Binghatti Development and the prestigious Bugatti brand. The project offers a wide range of luxury residences characterized by an artistic design inspired by the features of the French brand, making it an ideal living destination in Dubai. With residences inspired by the luxurious Bugatti sports cars, it offers a blend of high-end design, automotive art, and world-class amenities.
Residents can enjoy exceptional living experiences that combine elegance and comfort. Each residential unit features spacious decor and panoramic views of the city skyline, creating a warm environment that harmonizes with the outdoor areas filled with high-end amenities, including a healthcare center, spa facilities, concierge services, all catering to residents' needs and ensuring an exquisite lifestyle.
- Types of Residential Units: Studios, one-bedroom, two-bedroom apartments, as well as three, four, and five-bedroom apartments
- Location: Business Bay
- Expected Completion Date: Q4 2025
Frequently asked questions
The best residential areas depend on your personal preferences, such as proximity to work, schools, or amenities. Popular areas include Downtown Dubai, Dubai Marina, Palm Jumeirah, and Jumeirah Lakes Towers.
Foreigners can buy property in Dubai’s freehold areas. You must have a valid passport, and you can start the process through a licensed real estate agent.
Yes, many banks in Dubai offer mortgages to non-residents under certain conditions. Getting a mortgage can make purchasing a property easier.
Getting a mortgage in Dubai if you are a non-resident?