RERA honored Binghatti Developers as the fastest Real Estate developer in Dubai
Dubai, United Arab Emirates, Wednesday, November 23, 202 : Binghatti Developers, one of the leading real estate development companies in the UAE, clinched the “Fastest Real Estate Developer” award for project hand over, organized by the Dubai Land Department (DLD), as the fastest developer to complete 10 real estate projects in the past year.
Muhammad Binghatti, CEO and Head of the Architectural Department at “Binghatti Developers” received the award during a ceremony held by the department on the sidelines of Cityscape Dubai Global, the largest real estate event in the GCC, which was held in Dubai World Trade Centre from November 21 to 23.
Binghatti Developers winning of this award is an addition that consolidates their growing reputation as a reliable developer of high-quality residential complexes, thanks to their global experience in real estate development, winning many international awards, including the International Real Estate Award. The company is now on the “Forbes Middle East” list for the top 100 real estate companies in the Arab world.
“We are honored to win the award for the fastest real estate developer from the DLD for the year 2021, as this honor represents a testimonial of trust with our firm commitment to customers, and our high efficiency which boosted the company’s success, being one of the leading real estate developers in Dubai,” said CEO Muhmmad Binghatti .
“Since the establishment of our company about 15 years ago, we have contributed to the advancement of the real estate sector, through our exceptional projects that meet the aspirations of investors and end users at all levels. This honoring represents an incentive for us to make more efforts, and to achieve additional value for Dubai society and the accelerating economy,” he added.
Commenting on winning the award, Binghatti said: “The early hand over is an additional achievement in favor of the company for ability and readiness to implement, and their commitment to the specified hand over dates. This enhances Binghatti’s reputation as a real estate developer, being now honored with the fastest real estate developer title to deliver projects in the real estate sector.”
Muhammad Binghatti pointed out that it is well known in the real estate sector that the developer who delivers the project on time enhances customers’ confidence in their capabilities and increases the desire to invest in their real estate projects increasingly.
Binghatti Developers is famous for providing real estate projects with a unique and modern architectural character and developing distinguished architectural icons in various regions of the Emirate of Dubai, with a total volume of about Dhs7bn through a real estate portfolio extended in prime locations in Dubai in areas such as Business Bay, Downtown Dubai , Al Jaddaf, Jumeirah Village Circle, in addition to Dubai Silicon Oasis, Dubai Land, and Liwan Complex.
The company is well-known for their strict commitment to delivering projects on schedule and providing luxury properties that include finishes with the highest quality standards. The company has a bold expansion plan to double their investments in the coming years.
Binghatti Developers operate more than 40 projects in various stages of development with an investment value of more than Dhs3.5b.
Last week, “Binghatti Developers” launched an ultra-luxurious skyscraper project in Dubai named “Binghatti Jacob & Co Residences” tower, in cooperation with the world-famous watch and jewelry brand “Jacob & Co”. The two partners aspire to gain a new record number for the tallest residential building in the world.
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.