As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down.
You might be wondering, has it been 17 hours since the last launch already?
Yup, that is just how quickly our developers have been working around the clock to meet the city’s ever-so-rising demand.
This time around - Dubai-based developer Binghatti has launched its latest luxury project, Binghatti Ghost, in Al Jaddaf. And we have all the details you need to know…
This project is the first for this company in the last two years, marking Binghatti’s return to the area, a move driven by increasing demand in the market. The new development is set to meet the rising demand for high-end residential living in Dubai.
The project features a total of 770 residential units, designed with contemporary aesthetics and functionality in mind. In addition, six retail shops are integrated into the development to provide convenience for residents and visitors alike - plus you can get access to:
These features are designed to cater to the needs of families, individuals, young adults, and investors!
Binghatti Ghost is located in Al Jaddaf; a community that has grown in popularity through its high investment appeal and close proximity to several of Dubai's iconic landmarks such as:
For investors, this area presents a lucrative opportunity with Binghatti’s previous projects reportedly giving investors up to 40% capital gains for those who invested early. The company is optimistic that Binghatti Ghost will follow suit, with the potential for high rental yields and strong property value appreciation over time.
When you think luxury, Jaddaf or communities located in the eastern neck of the city might not be top of mind, but Al Jaddaf is rapidly becoming one of Dubai’s most attractive residential hubs.
Its location offers a perfect balance of city life and tranquillity, with easy access to both commercial and leisure destinations. You are less than 15 minutes from Dubai International Airport, plus major highways and metro links are also easily accessible, making it an ideal spot for those who travel frequently or work in the city’s business districts. So, what more can you be searching for?
The area's mix of modern amenities and cultural heritage makes it an attractive option for various demographics, from professionals and expatriates to families seeking a well-connected neighbourhood - this community is quite well-spread and growing to become Dubai’s most popular district.
According to Muhammad Binghatti, Chairman of Binghatti, the overwhelming response from the market played a key role in the decision to re-enter Al Jaddaf. The launch of Binghatti Ghost signifies the company's commitment to setting new standards for high-end living in Dubai. As demand for luxury real estate continues to grow, the development is expected to cater to buyers and investors seeking both quality and a promising return on investment.
If you have Binghatti on your mind, you can drop a line to our off-plan experts to know more about their upcoming projects!