Dubai, UAE (October 31, 2024) – The launch of Binghatti Skyrise has redefined Dubai’s real estate market standards, with half of its units sold within the first 24 hours. This unprecedented demand underscores the project’s unique appeal and positions it as a new luxury landmark in Business Bay.
Exclusive Unveiling Draws Over 5,000 High-profile Guests
The project’s exclusive unveiling event, hosted on October 30 at The Meydan Hotel’s Sky Bubble, welcomed more than 5,000 esteemed guests, including prominent investors and high-net-worth individuals. A captivating light show illuminated Dubai’s skyline, symbolizing Binghatti Skyrise’s place in the city’s future real estate landscape.
A Vision for Luxury and Innovation in Dubai’s Real Estate
Muhammad BinGhatti, Chairman of Binghatti, highlighted the importance of this launch, stating, “Binghatti Skyrise is more than just another project; it represents our commitment to elevating luxury standards in Dubai’s real estate.
The rapid sales reflect the market’s confidence in Business Bay’s lasting value and Binghatti’s dedication to quality and innovation.”
BinGhatti further revealed the company’s ambitious plan to double its portfolio, which currently exceeds AED 40 billion, to AED 100 billion over the next 18 months, further solidifying its role in shaping Dubai’s luxury real estate sector.
Prime Investment Opportunity in a High-demand Location
As one of the last prime plots available in Business Bay, Binghatti Skyrise offers a rare investment opportunity. Valued at AED 5 billion, the project comprises 3,333 units, including 2,256 studios, 996 one-bedroom apartments, 24 two-bedroom units, 26 three-bedroom units, and 31 retail spaces.
The project’s strategic location near Dubai’s financial and lifestyle hubs ensures strong rental demand, making it attractive for both immediate occupancy and long-term investment.
Setting New Standards with Design and Amenities
Binghatti Skyrise is set to redefine luxury with its visionary design and extensive amenities, offering over 15 high-quality facilities tailored for discerning residents and investors.
This project exemplifies Binghatti’s forward-thinking approach by merging luxury with sustainable investment potential, catering to Dubai’s evolving real estate market.
