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Binghatti Skyrise

By Binghatti in Business Bay, Dubai

Price from
AED 2,544,999
about £522K or $693K
Payment plan
20/50/30
70% before handover
Handover
Q4 2026
Status
Under construction

Payment plan

20/50/30

70% due before handover

  1. Booking depositOn booking20%AED 509,000
  2. During constructionInstalments during construction50%AED 1,272,500
  3. On completionOn completion30%AED 763,500
  4. Paid before handoverAED 1,781,499

As published by Binghatti. Property Finder lists the same plan.

Amounts are worked on a 1-bedroom apartment at its starting price of AED 2,544,999.

For 1-bedroom apartments

Homes and prices

Binghatti Skyrise offers studio apartments, 1-bedroom apartments, 2-bedroom apartments and 3-bedroom apartments. Open a home type for its payment schedule, buying costs and the nearest alternatives.

Studio apartmentsSold outOn request465 to 476 sq ft, Not in Binghatti's availability feed on 12 November 2026.
1-bedroom apartmentsFrom AED 2.54M762 to 1,021 sq ft, AED 3,340 per sq ft, Binghatti's feed listed 16 units from 831 sq ft on 12 November 2026, with handover dated 26 November 2027.
2-bedroom apartmentsSold outOn request1,277 to 1,667 sq ft, Not in Binghatti's availability feed on 12 November 2026.
3-bedroom apartmentsSold outOn request1,838 to 1,991 sq ft, Not in Binghatti's availability feed on 12 November 2026.

Starting prices per the developer's price list, checked 12 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

  • Apartments
  • Studio to 3 bed
  • 465 to 1,991 sq ft
  • 3,302 homes
  • 54 floors
Developer
Binghatti
Location
Business Bay, Dubai
Sales launched
October 2024
Buildings
3
Tenure
Freehold
Golden Visa
Prices reach the AED 2 million threshold

Overview

Three Binghatti towers in Business Bay with 3,302 homes, mostly studios and one-bedroom flats. One-bedroom apartments from AED 2,544,999 on 12 November 2026; Binghatti gives completion as Q4 2026.

Binghatti Skyrise is a three-tower development by Binghatti in Business Bay, with 3,302 homes and 31 ground-floor shops on a plot of about 289,900 sq ft. Binghatti markets the towers as 48 storeys, each with a diamond-shaped crown. Its brochure breaks each tower down into four basements, a ground floor, five podium levels and 48 residential floors, with two mechanical levels and the roof above. Sales opened in October 2024, according to Property Finder.

The mix leans heavily towards small units: 2,256 studios and 996 one-bedroom apartments, against only 24 two-bedroom and 26 three-bedroom homes. On 12 November 2026, Binghatti's availability feed listed 16 one-bedroom apartments from AED 2,544,999, the smallest at 831 sq ft, and nothing else. Studios, two-bedroom and three-bedroom homes were not in the feed. Property Finder gives studios of 465 to 476 sq ft, one-bedroom layouts of 762 to 1,021 sq ft, two-bedroom of 1,277 to 1,667 sq ft and three-bedroom of 1,838 to 1,991 sq ft. Binghatti's projects list still quotes the project from AED 1,050,000, a figure not reflected in current stock, and Property Finder showed resale listings from AED 849,999.

Binghatti's payment plan is 20% on booking, 50% during construction and 30% on completion, and Property Finder shows the same. Timing is less clear. Binghatti's FAQ gives completion in the fourth quarter of 2026 and Property Finder gives 31 December 2026, but the availability feed dates handover for the remaining one-bedroom units to 26 November 2027, nearly a year later. Ask which date the sale agreement will carry. Binghatti says most apartments are sold unfurnished.

Who it suits: buyers who want a one-bedroom apartment in a large, recognisable Business Bay scheme. Binghatti lists Downtown Dubai and Burj Khalifa, The Dubai Mall, Dubai Opera, the Dubai Canal, the Dubai International Financial Centre and Dubai Design District as nearby, though it does not give drive times for this project.

What to weigh: with more than 3,200 studios and one-bedroom flats across the three towers, competition for tenants and resale buyers will be direct once the buildings are handed over. The remaining developer one-bedroom units are priced well above the lowest resale listings, so compare price per square foot with resale stock in the same towers before committing.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Dubai the registration authority is the DLD.

Purchase priceEntry 1-bedroom apartment at Binghatti SkyriseAED 2,544,999
DLD transfer fee (4%)Paid to the Dubai Land Department on registration. The department lists it as 2% from each party, but contracts almost always pass the full 4% to the buyer, so a developer's '50% DLD waiver' means the developer is paying its own listed half. Off-plan, it is paid when the sale is registered in the Oqood system.AED 101,800
Oqood registration admin feeOqood portal fee of AED 1,000 plus knowledge and innovation fees, for registering the off-plan sale contract.AED 1,020
Estimated total to completeAED 2,647,819about £543K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Adjust the assumptions in the buying cost calculator.

Golden Visa. Every unit type here is priced above AED 2 million, the threshold for the 10-year visa by property. Check eligibility

Location

In Business Bay, close to Downtown Dubai, the Dubai Canal, DIFC and Dubai Design District, according to Binghatti. Binghatti does not publish drive times for this project.

Map data © OpenStreetMap contributors (ODbL). Tiles Esri

View on map

Downtown Dubai
5 min
Dubai International Airport
15 min

Approximate drive times in normal traffic, measured for Business Bay as a whole.

About Business Bay

  • About five minutes by car from Downtown Dubai and 15 minutes from Dubai International Airport (Bayut area guide)
  • Red Line metro at Business Bay station
  • Dubai Water Canal promenade for walking, running and waterside restaurants
  • Very wide choice of buildings and developers at every budget

Business Bay area guide

Amenities

  • Indoor swimming pool
  • Gym
  • Landscaped gardens
  • Children's play area
  • Restaurants
  • CCTV security
  • Ground-floor retail (31 shops)

Developer: Binghatti

Fast-growing private Dubai developer and builder, known for high-volume apartment blocks and towers branded with Bugatti, Mercedes-Benz and Jacob & Co.

Founded
2008
Headquarters
Dubai, UAE
Ownership
Privately held; chaired by Muhammad BinGhatti. Its US dollar sukuk are publicly traded and rated by Moody's and Fitch.

Binghatti profile and track record

Adviser's view

What works

  • Recognisable design: three towers with diamond-shaped crowns, as described by Binghatti.
  • One-bedroom stock is still available directly from Binghatti: 16 units in its availability feed on 12 November 2026.
  • Central Business Bay location near Downtown Dubai, the Dubai Canal, DIFC and Dubai Design District, according to Binghatti.
  • The same 20/50/30 payment plan appears on Binghatti's page and on Property Finder.

What to weigh

  • Handover dates conflict: Q4 2026 in Binghatti's FAQ and 31 December 2026 on Property Finder, but 26 November 2027 in Binghatti's availability feed.
  • 3,252 of the 3,302 homes are studios or one-bedroom flats, so rental and resale competition within the scheme will be heavy.
  • Developer one-bedroom units start at AED 2,544,999, against a headline price of AED 1,050,000 and resale listings from AED 849,999 on Property Finder.
  • Studios, two-bedroom and three-bedroom homes were not in Binghatti's availability feed on 12 November 2026, so they are likely to be available on resale only.
  • Binghatti's credit ratings were placed under review in 2026 (Fitch Rating Watch Negative in March, Moody's review for downgrade in August), so pay only into the project escrow account named in the SPA.

Questions buyers ask

What is the starting price at Binghatti Skyrise?

On 12 November 2026, Binghatti's availability feed listed one-bedroom apartments from AED 2,544,999 (from 831 sq ft) and no other unit types. Binghatti's projects list showed a headline price from AED 1,050,000 and Property Finder showed resale listings from AED 849,999.

When will Binghatti Skyrise be completed?

Binghatti's FAQ gives the fourth quarter of 2026 and Property Finder gives 31 December 2026, but Binghatti's availability feed dated handover for the remaining one-bedroom units to 26 November 2027 (checked 12 November 2026). Confirm the date in the sale agreement.

What is the payment plan for Binghatti Skyrise?

Binghatti publishes 20% on booking, 50% during construction and 30% on completion. Property Finder lists the same plan.

How many towers and homes are in Binghatti Skyrise?

Three towers with 3,302 homes in total: 2,256 studios, 996 one-bedroom, 24 two-bedroom and 26 three-bedroom apartments, plus 31 shops. Each tower has four basements, a ground floor, five podium levels, 48 residential floors, two mechanical levels and a roof.

Are Binghatti Skyrise apartments furnished?

Binghatti says the majority of apartments at Binghatti Skyrise are unfurnished. Confirm the specification for the individual unit before reserving.

Who is the developer of Binghatti Skyrise?

Binghatti Skyrise is being developed by Binghatti. About Binghatti: Fast-growing private Dubai developer and builder, known for high-volume apartment blocks and towers branded with Bugatti, Mercedes-Benz and Jacob & Co.

Can foreigners buy at Binghatti Skyrise?

Yes. Business Bay is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the DLD.

Does buying at Binghatti Skyrise qualify for a Golden Visa?

Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At Binghatti Skyrise, every unit type starts above that level. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our Golden Visa guide.

What fees are payable on top of the price at Binghatti Skyrise?

The main cost is the DLD transfer fee (4%). On the entry price of AED 2,544,999 that comes to about AED 101,800, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our buying cost calculator itemises it.

Sources and verification

Facts on this page were last checked on . Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

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