Binghatti Approach to Transforming Dubai’s Skyline

Binghatti holding is one of the most famous companies in the United Arab Emirates specialized in real estate development. It was founded back in 2008, with headquarters in Dubai. Through time, this company has become famous as the leading group of several significant business activities: real estate, hospitality, and construction. The Company of Chairman Dr. Hussain Binghatti Aljbori, along with his two sons, Muhammad, and Ahmed Binghatti, has solutions for the execution of projects by infusing modern style design and current trends of sustainability into luxurious living experiences.

Binghatti has presented excellently designed and strategically located urban living since the first one. Against this backdrop, Binghatti came up with ranges of residential and commercial projects in all the major areas of Dubai, such as Business Bay, Al Jaddaf, Downtown Dubai, Dubai Silicon Oasis, and Jumeirah Village Circle. These valued assets exceed AED 40 billion and are based on the company’s excellence and creativeness. The company gives emphasis to a unique living experience combined with adapting to the various needs of the increasing people of Dubai through each of its projects. Strategic partnerships and key acquisitions make up nearly all business ventures for the company. Such strategic partnerships and acquisitions have contributed much to giving the people something more than the traditional which is now a growing society, but in a modern way. Years ago, Binghatti Holding had secured strategic partnerships and purchased high-profile properties that had firmly cemented the developer in the UAE market.

In 2014, Binghatti created some ripples in the market when it sold one of the three mid-rise towers in Dubai Silicon Oasis called Binghatti Terraces to Emirates Real Estate Fund, which is managed by Emirates NBD. The transaction unfolded and revealed that indeed Binghatti had competency to produce desired properties and cash in on such appeal for institutional investors. In 2018, the company took one more step forward with an extremely headline-grabbing deal that saw it acquire two residential towers in Dubai Silicon Oasis from Izdihar Real Estate Fund, managed by the Bank of Muscat, reinforcing the company’s portfolio in the residential segment-Binghatti Vista and Binghatti Sapphires.

Binghatti is not an investment in residential properties. The company last year wrapped up a deal worth AED 215 million ($58.54 million) for the acquisition of the Binghatti Beverages Manufacturing Facility in Khalifa Industrial Zone, Abu Dhabi. There was a deal with Almarai, a Saudi food giant, which signified the industrial and manufacturing sectors of Binghatti as a business entity venturing into different fields of business.

As part of the characteristics of the approach adopted by Binghatti for real estate development, the ability of working with global brands of repute and blending luxury and innovation into every minute detail of a project make for a unique occurrence in the sphere of real estate. 2022 brought the introduction of the luxury jeweler Jacob & Co’s arrival as waves built over the world of real estate through its Burj Binghatti Jacob & Co Residences.  This skyscraper, co-designed and branded by Jacob & Co, takes the philosophy forward at Binghatti to take architectural design to unimaginable heights while packaging private, luxury living.

The streak continued with the Bugatti Residences unveiled in 2023, a skyscraper co-designed and branded by the legendary automotive brand Bugatti. Here, again, like with the others, this project speaks to opulence, elegance, and precision engineering that will make dreams about any luxury car aficionado’s residence come alive. But that is not all-they have recently entered into agreement with Mercedes-Benz, so they can offer what will be known as the Mercedes-Benz Places. The iconic vehicle company will co-brand and co-promote the tower and bring home/neighbourhood lifestyle into new heights of luxury and design inspired by the world of vehicle excellence.

The company is committed to creating iconic projects soaked in opulence, functionality, and innovation. With a proven track record of visionary leadership and an ever-growing portfolio of world-class high-end residential and commercial developments, Binghatti is poised to define the city’s skyline and redefine what it means to live in the city of tomorrow.