Dubai-based real estate developer Binghatti has announced its latest venture, Binghatti Ghost, located in Al Jaddaf. The project signifies the company’s return to the area after a two-year hiatus, driven by strong demand from the market. Binghatti has previously reported capital gains as high as 40% for investors in its past developments, further fueling interest in its latest project.
Chairman Muhammad BinGhatti said that they are excited to make a comeback in Al Jaddaf with Binghatti Ghost. This development is proof of their dedication to providing innovative real estate solutions. The tremendous market response has motivated them to bring this remarkable project to fruition, and they are confident it will elevate the standard for modern, luxury living in the region.
The development will offer 770 residential units and six retail spaces, with amenities such as a swimming pool, a dedicated children’s pool and play area, a gym, a multi-purpose lawn, a jogging track, and a viewing deck.
Binghatti Ghost is positioned as a prime investment opportunity, with the company emphasising potential rental returns and the consistent appreciation of property values in the Al Jaddaf area. Al Jaddaf’s appeal lies in its strategic location near prominent Dubai landmarks like Jaddaf Waterfront, Downtown Dubai, Zabeel Palace, Dubai International Financial Centre, Dubai Healthcare City, and Dubai Festival City.
Original article reference: Arabian Business.
