The development marks the Binghatti’s return to the area after a two-year absence, driven by market demand
Dubai-based property developer Binghatti has unveiled its latest project, Binghatti Ghost, in Al Jaddaf.
The developer claims its previous projects have recorded up to 40 percent capital gains for investors.
Binghatti returns to Al Jaddaf
“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 Muhammad BinGhatti said.
The project will comprise 770 residential units and six retail shops. The project features amenities including a swimming pool, children’s pool and play area, gym, multi-purpose lawn, jogging lane, and a viewing deck.
The new residential development is positioned as an investment opportunity, with the company highlighting potential rental yields and historical property value appreciation in Al Jaddaf.
Al Jaddaf’s popularity stems from its proximity to key Dubai landmarks such as Jaddaf Waterfront, Downtown Dubai, Zabeel Palace, Dubai International Financial Centre, Dubai Health Care City, and Dubai Festival City.
