Binghatti Announces Aed4 Billion Real Estate Project in Al Jaddaf Seven Luxury Real Estate Seven Luxury Real Estate

Binghatti Announces AED4 Billion Real Estate Project in Al Jaddaf

  • Sep 9, 2024 - 2 min read

Binghatti, a renowned Dubai-based property developer, has introduced its latest project in Al Jaddaf, named Binghatti Ghost. This marks the company’s return to the area following a two-year break, driven by overwhelming market demand.

Features and Investment Opportunities

The Binghatti Ghost project will consist of 770 residential units, catering to the rising demand for high-quality living spaces. Additionally, it will house six premium retail outlets, enhancing the area’s commercial vibrancy. Binghatti has a history of delivering projects that generate significant capital gains, with previous developments offering up to 40% returns for investors.

With its strategic location in Al Jaddaf, Binghatti Ghost is expected to offer strong investment potential through high rental yields and steady property value appreciation. This makes it an appealing option for both traditional investors and holiday homeowners who seek luxury amenities and prime locations.

World-Class Amenities

Binghatti Ghost boasts an array of top-tier amenities, including a hotel-style swimming pool, a dedicated children’s pool, a fully equipped gym, a multi-purpose lawn, and a scenic jogging lane. The development will also feature a viewing deck, providing panoramic views of Dubai’s skyline, further enhancing its appeal to residents.

Al Jaddaf: A Prime Location

The Al Jaddaf community is well-regarded for its proximity to prominent Dubai landmarks such as Jaddaf Waterfront, Downtown Dubai, Zabeel Palace, Dubai International Financial Centre, Dubai Healthcare City, and Dubai Festival City. This connectivity enhances the appeal of Binghatti Ghost for potential homeowners and investors alike.

Leadership’s Vision

Commenting on the project launch, Muhammad BinGhatti, Chairman of Binghatti, expressed enthusiasm: “We are excited to reintroduce Binghatti to Al Jaddaf with Binghatti Ghost. The strong market response has inspired us to develop this remarkable project, which we believe will redefine luxury living in the area.”

A New Standard in Dubai Real Estate

With Binghatti Ghost, the developer aims to meet the increasing demand for premium residential properties in Al Jaddaf. This project not only offers an elevated living experience but also positions itself as a significant investment opportunity in one of Dubai’s most sought-after communities.

Published On: September 09, 2024

Source: https://www.constructionweekonline.com/projects-tenders/dubai-real-estate-binghatti-jaddaf

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