Binghatti sold close to 12,000 units in 2025

Binghatti

According to DXB Interact, Binghatti has emerged as the market leader in unit sales volume within the sub-Dh2 million category. The company’s latest developments consist of over 8,200 residential units, boasting a sellable area that exceeds 6.2 million square feet.

Data from Property Monitor indicates that Binghatti successfully completed seven projects during this period, representing more than 20% of all new project completions in Dubai thus far this year.

Among Binghatti’s notable recent accomplishments was the launch on July 25 of Flare 01 and Flare 02, two architecturally distinctive residential towers located in Jumeirah Village Triangle. During the first three months of their highly publicized launch events, which took place simultaneously in Dubai and Egypt, nearly 95% of the units were sold. Flare 01 features 844 units with a gross development value (GDV) of Dh1.24 billion and a sellable area of 746,386 square feet, while Flare 02 has a GDV of Dh915 million and includes 613 units across 539,812 square feet.

Muhammad Binghatti

Muhammad Binghatti, Chairman of Binghatti Holding, stated, “The performance we’ve achieved this year highlights the robustness of our vertically integrated business model and the confidence our clients have in us. Our capability to deliver high-quality developments within expedited timelines enables us to cater to the increasing demand in Dubai’s mid-luxury housing market, especially in the Dh1 million to Dh3 million price range.”

Currently, approximately 38,000 units are under construction across 38 projects within Binghatti’s Dh80 billion portfolio, which spans sought-after neighborhoods in Dubai, including Downtown Dubai, Business Bay, Jumeirah Village Circle, and Meydan. Furthermore, the company continues to expand its inventory of branded homes through partnerships with renowned brands such as Bugatti, Mercedes-Benz, and Jacob & Co.