Binghatti

Binghatti is a renowned Emirati real estate development company headquartered in Dubai, United Arab Emirates. Established in 2008 by Hussain Binghatti Aljbori, the company has rapidly become one of the largest players in the UAE's property development industry. Specializing in real estate, hospitality, and construction, Binghatti has successfully undertaken projects in prominent areas such as Business Bay, Al Jaddaf, Dubai Silicon Oasis, Jumeirah Village Circle, Liwan, and Dubai Residential Complex. Their impressive portfolio boasts an investment value exceeding AED 7 billion.

Noteworthy for its strategic partnerships and acquisitions, Binghatti has made significant deals with prominent entities. In 2014, the company sold Binghatti Terraces, a mid-rise tower in Dubai Silicon Oasis, to Emirates Real Estate Fund managed by Emirates NBD. In 2018, Binghatti completed an agreement valued at AED 200 million with Izdihar Real-Estate Fund, acquiring two residential towers in Dubai Silicon Oasis: Binghatti Vista and Binghatti Sapphires. Additionally, a notable deal was finalized in 2021 with Almarai, a Saudi food company, for the acquisition of Binghatti Beverages Manufacturing Facility in Khalifa Industrial Zone, Abu Dhabi, valued at AED 215 million.

Binghatti's innovative approach to development is highlighted by their recent projects. In November 2022, they announced the Burj Binghatti Jacob & Co Residences, a skyscraper co-designed and branded by Jacob & Co. Furthermore, in May 2023, Binghatti unveiled the Bugatti Residences, another striking skyscraper co-designed and branded by Bugatti.

With a focus on pioneering architectural designs, high-quality materials, and unparalleled lifestyle facilities, Binghatti Developers has redefined industry standards. Their rapid ascent and extensive portfolio underscore their position as a leading force in the Emirati real estate landscape. For the latest updates and detailed information, it is recommended to visit Binghatti's official website or refer to recent news sources.