Binghatti Holding has reported strong sales in 2025, leading Dubai’s property market by residential units sold and unveiling a string of new high-value developments across the emirate.
According to DXB Interact, Binghatti sold nearly 12,000 residential units year to date, making it the top real estate developer by volume in Dubai’s sub-AED2m ($545,000) segment.
The company has also launched 13 new projects so far in 2025, with a combined Gross Development Value (GDV) of AED12.28bn ($3.3bn).
Collectively, the projects comprise more than 8,200 units across a sellable area exceeding 6.2 million sq ft.
Strong completions
Binghatti completed seven developments in the same period, accounting for more than 20 per cent of all new project completions in Dubai, according to Property Monitor.
The company’s H1 2025 net profit more than tripled to AED1.82bn ($496m), driven by robust demand across the Dubai property market.
Total sales reached AED8.8bn ($2.4bn), while revenue rose 189 per cent year on year to AED 6.3bn ($1.7bn).
Jumeirah Village Triangle
In July, Binghatti unveiled its twin residential towers, Flare 01 and Flare 02, located in the heart of Jumeirah Village Triangle.
Around 95 per cent of the units were sold within the first 90 days of launch events held simultaneously in Dubai and Egypt.
- Flare 01: 844 units across 746,386 sq ft with a GDV of AED1.24bn ($338m)
- Flare 02: 613 units across 539,812 sq ft with a GDV of AED915m ($249m)
Binghatti sales
Muhammad BinGhatti, Chairman of Binghatti Holding, said: “Binghatti’s position as the market leader for sales volume transactions year to date reflects the success and trust within our vertically integrated business model, which has allowed us to become one of the most agile market players and deliver projects within record timelines.
“The market’s enthusiastic response to our flagship projects including Binghatti Flare 01 and Flare 02 highlights both our financial stability and our ability to deliver consistent value across a broad array of segments.”
He added that the developer is strategically positioned to capture sustained growth as demand accelerates in the AED1m–AED3m ($272,000–$817,000) price range.
$22bn portfolio
Binghatti’s AED80bn ($21.8bn) development portfolio currently includes 38,000 units under development across more than 38 projects in prime Dubai districts such as Downtown, Business Bay, Jumeirah Village Circle, and Meydan.
The portfolio also features flagship branded residences in partnership with Bugatti, Mercedes-Benz, and Jacob & Co., strengthening Binghatti’s positioning in the luxury segment.
The company recently acquired an 8.2 million sq ft plot in Nad Al Sheba 1, which will become Binghatti’s first master-planned community, with a development value exceeding AED25bn ($6.8bn).
Sustained growth
The developer’s combination of high-velocity project delivery, vertical integration, and diversified product mix has consolidated its position as one of Dubai’s most influential real estate groups.
Binghatti continues to benefit from strong domestic demand, rising foreign investment inflows, and the emirate’s ongoing property boom — with mid-market and branded luxury segments driving the bulk of 2025 growth.
