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Gulf Press > Business > Binghatti Reveals Dh4 Billion Project Al Jaddaf
Business

Binghatti Reveals Dh4 Billion Project Al Jaddaf

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Last updated: 2024/09/09 at 9:33 PM
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Binghatti, a prominent Dubai-based property brand, is set to launch its first project in Al Jaddaf this year, known as Binghatti Ghost. This new development comes after a two-year hiatus and is driven by the high demand from the market for Binghatti properties in the area. Binghatti Ghost will comprise a total of 770 residential units, as well as six premium retail shops to enhance the community’s commercial appeal.

Investors in Binghatti properties have historically experienced substantial capital gains, with previous projects yielding up to 40% returns for investors. Binghatti Ghost is expected to offer exceptional investment potential with high rental yields and strong appreciation in property values in the Al Jaddaf area. The project also presents an attractive opportunity for owners of holiday homes concepts looking to capitalize on luxurious amenities and a prime location.

The amenities at Binghatti Ghost will include a hotel-style swimming pool, children’s pool and play area, fully equipped gym, multi-purpose lawn, scenic jogging lane, and a viewing deck with panoramic views of the city. Al Jaddaf is a sought-after community due to its proximity to major landmarks such as Jaddaf Waterfront, Down-town Dubai, Zabeel Palace, DIFC, Dubai Health Care City, and Dubai Festival City.

Muhammad BinGhatti, Chairman of Binghatti, expressed excitement about the launch of Binghatti Ghost, noting that the project reflects the brand’s commitment to delivering cutting-edge real estate opportunities. The positive response from the market has driven Binghatti to bring this exceptional development to fruition, setting a new standard for contemporary high-end living in the Al Jaddaf area. With Binghatti Ghost, the brand aims to meet the demand for its projects in the area while offering elevated living experiences and investment opportunities in one of Dubai’s most coveted communities.

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News Room September 9, 2024
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