This year, renowned real estate firm Binghatti, which has its main office in Dubai, is introducing Binghatti Ghost, its first project in Al Jaddaf. This much anticipated news marks Binghatti’s return to the area after a two-year hiatus because of exceptional market demand.
There will be 770 residential units in the new project. Binghatti Ghost will have six upscale retail establishments in addition to these highly sought-after apartments, enhancing the neighborhood’s commercial appeal.
Binghatti’s properties have historically generated large capital gains for investors; in the developer’s previous projects, capital gains for investors have reached up to 40%. Binghatti Ghost presents excellent investment potential due to its high rental yields and strong historical property value appreciation in the Al Jaddaf area. The project presents an alluring opportunity with attractive returns for vacation home concept owners who wish to capitalize on luxurious amenities and a prime location.
Along with a hotel-style pool and amenity floor, the project also includes a children’s pool and play area. In addition, it will feature a fully equipped gym, a gorgeous jogging lane, a viewing deck with expansive city views, and a multipurpose lawn. Al Jaddaf is a highly sought-after community due to its close proximity to significant locations such as the Jaddaf Waterfront, Downtown Dubai, Zabeel Palace, Dubai International Financial Centre (DIFC), Dubai Health Care City, and Dubai Festival City (DFC).
“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 of Binghatti, Muhammad BinGhatti commented.
Binghatti aims to provide investors and residents of one of Dubai’s most sought-after communities with improved living options and investment opportunities with Binghatti Ghost, in addition to satisfying local demand for its project offering.
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