Binghatti Properties: Dubai’s Rising Star in Luxury Real Estate
Founded in 2008 and headquartered in Dubai, Binghatti Holding Ltd has quickly become one of the city’s most prominent luxury developers. Known for its bold architecture and celebrity-branded residences, the firm caters to both high-end buyers and investors
Record-Breaking Growth & Financial Strength
2024 sales hit AED 11.6 billion, nearly doubling from 2023, and net profit surged 152% to AED 1.83 billion.
Its revenue backlog rose 182% to AED 10 billion as of Dec 31, 2024, driven by 16 new projects and 11,750 units launched.
Delivered 3,700 units across 10 projects in 2024—demonstrating strong execution capabilities.
Dubai Projects & Prime Locations
Luxury-branded developments: Burj Binghatti Jacob & Co Residences (557 m, 104 floors) in Business Bay; Bugatti and Mercedes-Benz branded towers.
Mega master-community acquisition: Over 8 million sq ft land in Nad Al Sheba for a future AED 25 billion masterplan community.
20,000 units across ~30 projects, spanning Business Bay, Downtown, JVC, Dubai Silicon Oasis, Sports City, and Dubai Production City.
Global Recognition & Market Reach
Ranked among the top developers in online reputation studies across Dubai in 2024.
Celebrity appeal—with clients like Neymar Jr. and Andrea Bocelli, and partnerships with brands such as Bugatti and Jacob & Co.
Active in global finance through a $500 million sukuk listed on London Stock Exchange & Nasdaq Dubai.
Why Buyers & Investors Are Choosing Binghatti
experience
Premium brand positioning
Strong appeal in high-yield, branded residences.
Landbank strength
13 million sq ft in Dubai acquired; future value projected >AED 26 billion.
Quick project delivery
Delivered thousands of homes in 2024, maintaining pace with launches.
Solid financial performance
Massive sales growth and robust project pipeline.
Diverse product mix
From studios (AED 450K+) to ultra-luxury penthouses (€50 million+)
Risks & Customer Feedback
EOI refund delays & post-handover support issues, especially in the Skyrise project, as flagged by international buyers.
Mixed rental/apartment quality feedback—some describe units as compact “shoeboxes” with noise and pest reports; others find value in price and location.
FAQs – Binghatti Properties Developer
In 2024, it sold AED 11.6 billion worth of properties in Dubai—doubling YoY and making it a top contributor to Dubai’s luxury segment.
They’ve partnered with Bugatti, Mercedes-Benz, and Jacob & Co. for high-end branded residences like Burj Binghatti Jacob & Co.
Binghatti acquired an 8 million sq ft land parcel in Nad Al Sheba for a AED 25 billion master-planned community.
They offer a range from studios starting at AED 450K to ultra-luxury penthouses valued at AED 50 million.
Expect scrutiny around EOI refund timelines, post-handover service, and quality reviews. Buyers report variable experiences, so due diligence is critical.
Final Thoughts
Binghatti stands out in Dubai’s market with record growth, luxury branding, and a strong execution track. Their upcoming master community project could reshape the Nad Al Sheba area. However, prospective buyers should balance the excitement of innovation with awareness of customer service and post-purchase support.