Binghatti, the prominent Dubai-based property brand, has unveiled its inaugural project in Al Jaddaf this year, aptly named Binghatti Ghost. This eagerly awaited development signifies Binghatti’s return to the area, fueled by an extraordinary surge in market demand following a two-year pause. The new venture will encompass a total of 770 residential units. Alongside these highly sought-after living spaces, Binghatti Ghost will also feature six premium retail outlets, further enhancing the commercial allure of the community.
Historically, Binghatti’s properties have consistently delivered significant capital gains for investors, with previous projects recording up to 40% returns. Binghatti Ghost is poised to offer exceptional investment prospects, characterized by robust rental yields and a proven track record of property value appreciation within the Al Jaddaf locale. Beyond lucrative returns, the project presents a compelling opportunity for those seeking to capitalize on luxurious amenities and a prime location, particularly for holiday home concepts.
The project boasts a hotel-style swimming pool and amenity floor, complemented by a children’s pool and play area. Additionally, it will feature a fully equipped gym, a multi-purpose lawn, a scenic jogging lane, and a viewing deck offering panoramic city vistas. Al Jaddaf is frequently sought after due to its proximity to major landmarks such as Jaddaf Waterfront, Downtown Dubai, Zabeel Palace, Dubai International Financial Centre (DIFC), Dubai Health Care City, and Dubai Festival City (DFC).
“We are exhilarated to re-enter Al Jaddaf with Binghatti Ghost. This project epitomizes our dedication to providing state-of-the-art real estate opportunities. The resounding market response has driven us to bring this exceptional development to fruition, and we are confident it will set a new benchmark for contemporary high-end living in the area,” remarked Chairman of Binghatti, Muhammad BinGhatti.
With Binghatti Ghost, Binghatti is poised to meet the escalating demand for its offerings in the area, while also presenting enhanced living experiences and investment prospects within one of Dubai’s most prestigious communities.
