Dubai-based property brand Binghatti Developers has revealed ‘Binghatti Skyrise,’ a striking 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.
Architectural design and philosophy
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.
The design philosophy behind Binghatti Skyrise is rooted in the harmonious blend of various elements, creating a unified façade that enchants the eye. Nestled in Dubai’s Business Bay district, this extensive waterfront development ensures easy access to Downtown Dubai, while offering breathtaking views of the iconic Burj Khalifa and the 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.”
Read more: Binghatti unveils $1.1 billion ‘Ghost’ project in Al Jaddaf
Strategic location and amenities
Furthermore, strategically positioned in Business Bay, the project offers convenient access to Dubai’s major attractions, commercial centers, and recreational spots. Residents of Binghatti Skyrise will benefit from an array of over 15 premium amenities, including luxurious swimming pools, a private golf course, tennis courts, a fully equipped fitness center, a children’s water park, and designated areas for yoga and relaxation.
Binghatti Skyrise represents a lucrative investment opportunity, as it occupies one of the last remaining plots in Business Bay, an area that continues to see robust demand and promising returns. By merging cutting-edge design with top-tier facilities, the project aspires to deliver an unparalleled residential experience.
Additionally, with Binghatti’s unwavering dedication to excellence and quality, Binghatti Skyrise is poised to emerge as a new hallmark in Dubai’s luxury real estate market.
Binghatti Developers
Binghatti Developers is a prestigious Emirati brand in the field of real estate development, holding a leading position thanks to its portfolio that exceeds 70 projects with a value of over AED 40 billion. Moreover, the company is led by Engineer Muhammad BinGhatti, chairman of the Board, who, through his innovative vision, aims to deliver luxury projects that reflect refined artistic taste and high standards in design and quality.
Binghatti has successfully delivered more than 15,000 residential units by 2024, achieving notable accomplishments in collaboration with global brands such as Bugatti, Mercedes-Benz, and Jacob & Co. The company continues to expand its real estate portfolio to meet the increasing market aspirations, with a focus on delivering residential projects that elevate the level of luxury in Dubai.
For more news on real estate, click here.
