“Binghatti Canal” the latest Banighatti Developers’ project in Dubai’s Business Bay
*”Binghatti Canal” consists of 300 units and hand over starts in June 2023
– “Binghatti Canal” is our fiftieth project in Dubai and it will be a new shift in the company’s portfolio
-We purse a local real estate brand that promotes our transition to globalization
-The new project reflects the inauguration of the smart real estate of the next generation
-Flexible payment systems suitable for all customers… and a discount of Dhs 300,000 on any unit in a one-day offer
-The real estate sector in Dubai attracts local and global investors with the improvement of market factors
Dubai – United Arab Emirates
June 24th , 2022
Binghatti Developers, the leading developer of affordable housing projects , and one of the most vibrant and popular UAE real estate developers, announced the launch of the “Binghatti Canal” in the Business Bay area, Dubai. An investments of DHs500m, the project will be completed in June 2023.
The announcement came during the great celebration held at the Grand Hyatt Hotel in Dubai on Wednesday, June 22nd , 2022, in the presence of a large number of their management team, main partners, investors and customers looking for buying housing units in the company’s latest real estate projects.
The residential project, “Binghatti Canal”, consists of 300 units, including 124 one- bedroom, 85 two-bedroom apartments, in addition to 84 studios, all are overlooking the most luxurious waterfront destinations in the Business Bay area with direct views of the center of the city of Dubai.
“We are pleased to add our 50th project in the company’s portfolio in the United Arab Emirates, which will be a new shift in our real estate journey,” said Muhammad Bighatti, CEO. “This innovative project, which will be constructed in one of the most prosperous areas of Dubai, is one of our many achievements for this year,” he added.
“The project will be unique in terms of creativity and luxury, as it contains elegant and practical apartments designed in an exclusive contemporary style in classic designs with wonderful views of the Dubai Water Canal. The high standards of privacy and security add to its excellence,” he said.
“Our architectural philosophy focus on the new generation of streamlined designs that extend from the stereotype to the dream house, while providing exceptional and unique facilities, especially the architecture of the facade , the distinctive classic colors and unique interior designs that make it distinct from others. The strategic location in Business Bay makes walking and commuting to all parts of Dubai an easy experience for residents,” he added.
“Our smart homes provide comfort and the highest standards of security in a modern and luxurious lifestyle with high- tech solutions that facilitate the customers’ lifestyle, especially with the integration of the virtual assistant system (Alexa) to facilitate daily household tasks,” he said.
The apartments in the Binghatti Canal project with their comfort and luxury, the interior design of the spaces that offers a perfect balance between practical design and high technology, make it the ideal destination.
The CEO indicated that the company offers the new generation of real estate that includes smart systems in its projects without any additional cost. They succeeded in launching a local real estate brand famous for visual identity and has delivered about 25 towers in Dubai Silicon Oasis, 3 towers in Dubailand, 3 towers in the Al Jaddaf area, and two towers in the Business Bay area.
He noted that Binghatti Developer’s plans focus on becoming global, while maintaining its competitiveness among the leading real estate developers in the Dubai market, which is full of attractive opportunities.
He revealed that the real estate market is on the trajectory of strong prosperity amid the recovery of the local economy, expecting this recovery to continue thanks to the UAE rational leadership and the new residency and citizenship regulations.
Binghatti confirmed that the company is the fastest real estate developer in Dubai in terms of handing over, as projects are delivered ahead of schedule. He praised the Dubai positive economic climate and the huge opportunities it provides to national and foreign investors.
The CEO stated that the company offered a discount of Dhs300,000 on any unit in “Binghatti Canal” in a one-day only offer, which is the same day of launching the project, while the providing flexible and attractive payment plans, which make the project an ideal option for investment.
The project includes units of different areas, as the unit spaces start from 93.09 square feet to 448.66 square feet, in addition to areas of 769.79 square feet, 778.66 square feet, and other units ranging from 234.19 square feet to 1377, 57 square feet.
The individual balconies intertwine with each other to form a unified view that distinguishes the “Binghatti Canal” mark from others.
The interior spaces were also carefully designed to the smallest details to ensure quality and design of the highest standards of function. The project includes private swimming pools for some private units, with the use of the best materials used in the finishes, such as Italian marble, in addition to high-end wood and gilded metals.
The “Binghatti Canal” is located in Business Bay, one of the most famous developed areas in Dubai. It is an integrated city within a city, which contains residential, recreational and commercial spaces, as it helps residents to easily move around and reach Dubai’s tourist attractions and major famous destinations in a few minutes. It is close to central Dubai, the Meydan area and Jumeirah, and 5 minutes from Downtown, and 13 minutes from Dubai International Airport.
The project is also close to Dubai’s tourist destinations, including City Walk, Yacht Club, Al Safa and La Mer Park, Kite Beach and Zabeel Palace. This all is added to its proximity to vital business areas in the emirate.
Business Bay is the core of Dubai’s dynamic growth and success as a world-class city. The progressive vision of Business Bay is to create “Manhattan of Dubai” as it is the heart of the emirate, with its impressive mix of residential and commercial towers and modern entertainment venues.
About Binghatti Developers
Binghatti Developers is an award winning real estate developer in Dubai, headed by CEO and Chief Architect, Muhammad Binghatti. The dynamic company offers distinctive properties with refined architectural designs, world-class materials, and unparalleled lifestyle amenities. Empowered by commercial expertise since 1875, the brand strives to redefine the industry standards by delivering quality projects at affordable prices in a timely manner.
Binghatti’s approach to development has allowed for the successful handing over of projects telate to some of the world’s largest banks, hotel groups, and real estate funds, while also providing comprehensive solutions to end users. Within a short time frame, the company has proven itself as a viable alternative to some of the biggest reputable companies operating in in Dubai with an extensive portfolio of completed projects.
Binghatti Developers nowadays is working in several areas across Dubai including Business Bay, Dubai Silicon Oasis, Al Jaddaf, Dubai Marina, Jumeirah Village Circle, Liwan, and Dubai Land Residence Complex, in addition to a huge commercial project in Dubai covering an area of one million square feet. The company has bold plans to expand in the near future, with a particular focus on the growth of its real estate portfolio in Dubai.