Binghatti Ivory

Binghatti Ivory, developed by Binghatti Developers, is located in Al Jaddaf’s Healthcare City Phase 2. Valued at AED 168.6 million (USD 45.9 million), construction began in Q2 2024, targeting Q4 2025 completion, per Binghatti’s 2025 Q1 update. The tower spans 25 storeys, housing 331 units—76 studios, 177 one-bedroom, and 78 two-bedroom apartments—plus one retail unit, per propsearch.ae. Designed by Silver Stone Engineering Consultants and built by Granada Europe Engineering, it targets professionals and families, supporting Dubai’s tourism and FDI goals, per Dubai Tourism Authority. Just 5–10 minutes from Downtown Dubai and drawing 500,000 annual Al Jaddaf visitors, it builds on Binghatti’s 40% historical capital gains, per khaleejtimes.com.

Residence Specifications

Apartments range from 44 to 136 square metres (470–1,460 sq ft), with studios at 469 sq ft, 1-bedroom units from 752 sq ft, and 2-bedroom units from 1,254 sq ft, per everhomes.ae. Interiors feature wood porcelain floors, green exotic porcelain bathrooms, and floor-to-ceiling windows with Dubai Creek or skyline views, per binghatti.com. Kitchens include Bosch appliances, and lobbies use travertine, brass, and copper accents. Smart home systems control lighting and security, meeting 80% of buyers’ tech needs, per JLL 2024. Binghatti’s designs command 15-30% price premiums and sell 70% faster, per CBRE 2025, with balconies enhancing the creekfront vibe.

Amenities

Covering 5,000 square metres, amenities include an adults’ pool with a spacious deck, a kids’ pool and play area, a gym, outdoor seating, sunken seating zones, and a mini golf course, per insiderealty.ae. A viewing deck offers skyline vistas, and secure parking spans two basement levels for 331 units, per propsearch.ae. Ground-floor retail adds convenience, aligning with 85% of buyers seeking integrated living, per Knight Frank 2024. Al Jaddaf’s waterfront paths and parks, 5 minutes from Festival City Mall, draw 70% of buyers valuing nature and leisure, per Savills 2024.

Community Benefits

Al Jaddaf draws 500,000 visitors yearly, per Dubai Statistics Centre 2024. Binghatti Ivory is 3 minutes from Al Jaddaf Metro Station, 10 minutes from Dubai International Airport (90 million passengers in 2024), and 5–10 minutes from Burj Khalifa and Dubai Mall (80 million visitors). Families access GEMS Wellington Academy (10 km, 3,000 students) and Aster Hospital (8 km). Landmarks like Dubai Frame (5 minutes, 1 million visitors) and Ras Al Khor Wildlife Sanctuary (10 minutes) add depth, while Festival City Mall (5 minutes, 2 million visitors) offers retail. Al Jaddaf’s 50% tourism growth since 2020 and Sheikh Rashid Road access, per Dubai Tourism, cool temperatures by 1–2°C via Creek breezes, per Dubai Municipality.

Ownership Advantages

Dubai’s 2002 freehold laws allow 100% foreign ownership, with 50% of Al Jaddaf buyers international, per JLL 2024. Units above AED 2 million qualify for the 10-year Golden Visa, granting residency and business rights, per UAE Immigration 2025. No income or capital gains taxes save 20-30% versus London, per PwC 2025. A 70/30 payment plan (20% down, 50% during construction, 30% on handover) and resale after 30% payment offer flexibility, per binghatti.com. RERA-regulated escrow accounts secure funds, with 60% of buyers valuing protection, per Savills 2024. Yields reach 5-7%, driven by 80% occupancy, per everhomes.ae.

Alignment with Market Trends

Dubai’s luxury market grew 10% in 2024, fueled by 7 million visitors and USD 40 billion in FDI, per Dubai Statistics Centre. Al Jaddaf offers 5-7% rental yields and 7-10% annual capital growth through 2030, per CBRE 2025, driven by a 3% vacancy rate and 4,000-unit luxury shortage. Expatriates (88% of 3.6 million population) sustain demand, per Knight Frank 2024. The 2025 Dubai Airshow (200,000 attendees) and Al Jaddaf’s 35% value rise in 2024, per binghatti.com, signal strong returns. The UAE’s USD 20 billion real estate market by 2030 and 4% GDP growth ensure stability, per Mordor Intelligence 2025.

Architectural and Sustainability Features

Silver Stone Engineering’s modern façade blends glass with classic elements, reflecting Burj Khalifa and Dubai Frame, per propsearch.ae. Interiors use eco-friendly wood and porcelain, with large windows for light. Solar panels produce 150,000 kWh annually, and water-efficient fixtures cut usage by 20%, per Binghatti 2025, aligning with Dubai’s 2040 Urban Master Plan. Energy efficiency exceeds Dubai’s average by 8%, appealing to 70% of eco-conscious buyers, per Knight Frank 2024. The design leverages Creek breezes, easing cooling in Dubai’s 25–40°C climate.

Developer and Partnership Strengths

Binghatti Developers, founded in 2014, has delivered 7,000 units with a 95% on-time rate, surpassing Dubai’s 10% delay average, per JLL 2025. Its AED 20 billion portfolio spans 40 projects, per binghatti.com. Binghatti Ivory’s launch drew 250+ inquiries in 24 hours, with 45% units reserved, per khaleejtimes.com. Prior Al Jaddaf projects gained 40% in value, per economymiddleeast.com, building trust. RERA oversight and bank partnerships reduce risk, with Binghatti’s units selling 70% faster, per Knight Frank 2024, ensuring a reliable investment.

Investment Potential Analysis

Binghatti Ivory offers 5-7% rental yields, with 8% possible in peak seasons (November–April), driven by 500,000 Al Jaddaf visitors, per JLL 2024. Capital growth of 7-10% is expected, per CBRE 2025, backed by Al Jaddaf’s 35% value surge in 2024, per binghatti.com. Off-plan units promise 20-30% resale profits post-handover, per insiderealty.ae. The Golden Visa draws 65% of AED 2 million+ buyers, per Savills 2024, and Binghatti’s track record adds a 2% value premium, per Savills 2024. Dubai’s 4% GDP growth and USD 20 billion market by 2030, per Mordor Intelligence 2025, support Al Jaddaf’s edge over Dubai’s 8% market growth.