Leading real estate company Binghatti, with headquarters in Dubai, is launching Binghatti Ghost, its first project in Al Jaddaf this year. After a two-year absence, this eagerly awaited development signifies Binghatti’s return to the region due to extraordinary market demand.
The new project will include 770 residential units. In addition to these highly desired apartments, Binghatti Ghost will have six upscale retail stores, increasing the neighborhood’s commercial appeal.
Investors have historically made significant capital gains from Binghatti’s properties; the developer’s prior projects have seen investor capital gains of up to 40%. With strong historical property value appreciation in the Al Jaddaf area and high rental yields, Binghatti Ghost offers exceptional investment potential. The project offers owners of vacation home concepts who want to profit from opulent amenities and a prime location an enticing opportunity in addition to attractive returns.
The project includes a children’s pool and play area in addition to a hotel-style swimming pool and amenity floor. It will also have a multipurpose lawn, a beautiful jogging lane, a fully furnished gym, and a viewing deck with expansive city views. Because of its proximity to important sites like the Jaddaf Waterfront, Downtown Dubai, Zabeel Palace, Dubai International Financial Centre (DIFC), Dubai Health Care City, and Dubai Festival City (DFC), Al Jaddaf is a highly sought-after community.
“We are thrilled to return to Al Jaddaf with Binghatti Ghost. This project embodies our commitment to delivering cutting-edge real estate opportunities. The overwhelming response from the market has compelled us to bring this exceptional development to life and we are confident that this will set a new standard for contemporary high-end living in the area,” Chairman of Binghatti, Muhammad BinGhatti commented.
In addition to meeting local demand for its project offering, Binghatti hopes to offer investors and residents of one of Dubai’s most sought-after communities enhanced living options and investment opportunities with Binghatti Ghost.