Binghatti

Binghatti Track Record: Deliveries, Pipeline and How to Check a Project

Reviewed by Juan Mejia · 8 October 2026

If you are looking for Binghatti reviews, the public record offers delivery counts and a substantial pipeline, while a project’s current status and payment arrangements need checking individually. The company’s presentation to 30 June 2026 reports 56 completed projects, representing about 15,100 units, and 33 under development, representing about 30,900 units. Before paying, check the specific project on the Dubai Land Department (DLD) register, confirm the escrow account against the sale and purchase agreement (SPA), and follow the payment terms in that agreement.

What the delivery figures show

Binghatti’s H1 2026 results release reports about 1,700 units delivered during the half-year and a development backlog of AED 44.2 billion. A Moody’s credit opinion dated 1 April 2026 records more than 13,000 units delivered. These figures provide context on activity and reported completions, but they do not, by themselves, establish a project’s build quality, customer service, timing or resale performance.

DLD’s register provides another view. Its project-status data, checked on 1 October 2026 for developer entities named Binghatti, listed 79 projects: 42 finished with 13,169 units and 37 active with 34,040 units. The register showed no projects as cancelled. These totals are not directly interchangeable with the company’s group figures: DLD’s count is based on registered developer entity names, while the presentation reports company figures. Use the register to check an individual project rather than treating the totals as identical measures.

The DLD figures are a dated snapshot, not a live promise of future delivery. Pending launches do not appear in the register, and a planned completion date is not a guarantee. A project’s registered status is one part of due diligence, not a verdict on its construction or investment prospects.

Recent completions and the stated pipeline

Binghatti’s H1 2026 presentation lists three projects completed in Q2 2026: Binghatti Apex in Jumeirah Village Circle, with 552 units, and Binghatti Ghost and Binghatti Ivory in Al Jaddaf, with 785 and 332 units respectively. The presentation is the source for each project’s completion and unit count. Buyers can use our guides to Jumeirah Village Circle and Al Jaddaf to assess the neighbourhood separately from the building record.

The same presentation lists Binghatti Luxuria in Jumeirah Village Circle for planned completion in Q3 2027. Treat this as the developer’s stated plan, not a guaranteed handover date. Check the latest DLD status and the completion terms in the SPA as your purchase progresses.

For a project-level check, open the DLD Project Status service on the web or in Dubai REST. The service displays project status, completion percentage, planned completion date, unit count and escrow account information. If a project is not listed, remember that pending launches may not yet appear; request its registration details and verify them before making a payment.

How to check a Binghatti project before paying

1. Match the project to the paperwork. Check that the project name and registration details in the SPA correspond with the DLD record. Review the unit description, payment milestones and planned handover date in the contract rather than relying only on a brochure or sales discussion.
2. Verify the escrow account. Compare the project escrow details in the DLD record with the account stated in the SPA. Under Dubai Law No. 8 of 2007, payments for an off-plan project go to its escrow account, which cannot be attached by the developer’s creditors. Do not send instalments to an account that does not match the verified project details.
3. Check progress before each construction payment. Reopen the project on DLD, note the displayed completion percentage and planned date, then confirm that the escrow account still matches your SPA. Keep a record of the status and payment receipt.
4. Assess the payment schedule and funding. A February 2026 fixed-income presentation available through the company’s investor relations page describes a typical plan of 20% at deposit, 50% during construction and 30% at handover. This is a general example, not a substitute for the schedule in a particular SPA.

One payment-plan example

The following illustration applies the stated 20/50/30 schedule to a unit priced at AED 1,500,000. The DLD initial-sale registration service sets out the 4% registration fee and AED 20 charge used here. Mortgage limits are subject to the Central Bank of the UAE mortgage regulations, as well as lender assessment and valuation.

1. Booking deposit: 20% of AED 1,500,000 = AED 300,000.
2. DLD charges: 4% of AED 1,500,000 = AED 60,000; add AED 20 = AED 60,020.
3. Total at booking: AED 300,000 + AED 60,020 = AED 360,020.
4. Construction instalments: 50% of AED 1,500,000 = AED 750,000.
5. Cash paid before keys: AED 360,020 + AED 750,000 = AED 1,110,020.
6. Handover balance: 30% of AED 1,500,000 = AED 450,000.

At a 60% investment-loan limit on a valuation of AED 1,500,000, the potential maximum loan is AED 900,000. That would cover the AED 450,000 handover balance if the bank values the unit at the purchase price and approves the loan. It is not a guaranteed borrowing amount, so arrange financing and confirm valuation assumptions before relying on it.

Company and credit information to consider

Binghatti is privately held: its founder owns all the company’s shares, which are not listed, although its sukuk are. This ownership information and the company’s Ba3 Moody’s rating are recorded in the credit opinion dated 1 April 2026, available through the company’s investor relations page. The company profile identifies Dr. Hussain BinGhatti as founder and Muhammad BinGhatti as Chairman.

On 11 August 2026, Moody’s placed its ratings on review for downgrade, citing liquidity, as reported by Reuters. Fitch’s 10 September 2026 update maintained a BB minus rating on Rating Watch Negative, a watch that began on 13 March 2026. These are issuer-level credit disclosures; they do not replace checking a project’s registration, escrow and SPA.

Apply the same checks when comparing options

Rather than relying on broad claims about one developer or another, compare the same evidence for every off-plan property: delivery records from dated sources, the current DLD entry, escrow arrangements, contract terms, payment timing and your funding plan. Our developer comparison and guide to evaluating an off-plan property in Dubai offer further context. For the buying process, see the off-plan guide.

The public record can help establish reported completions and identify a project’s registered status, but the practical decision depends on the specific unit and contract. For help reviewing a project’s documentation and payment sequence, contact M&M Real Estate.

Projects mentioned in this article

Binghatti Apex

Binghatti, Handover Completed in April 2026

June

Emaar Properties

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