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Dubai, UAE: Dubai-based Binghatti Developers announced that the construction of its AED 60 million project Binghatti East is being processed at an accelerated pace, which will allow the company to deliver its project at the end of September 2018.
The basement, ground, and five residential floors of the 6-storey building have already been completed, and at this pace, the company will ensure that the project will be delivered on time.
Located at the heart of the Silicon Oasis community and spread over a construction area of 153,682 SQ FT, Binghatti East features 60 residential units, including 40 one-bedroom and 20 two-bedroom apartments.
Binghatti East features a plethora of lifestyle amenities including a heat monitored swimming pool, a health club, a children’s play area, and a public terrace for residents to enjoy.
Binghatti East is amongst a number of projects that are currently being developed in Dubai Silicon Oasis including Binghatti Stars, Binghatti West, Binghatti Sapphires, Binghatti Crystals, Binghatti Platinum, Binghatti Vista with a total of 1122 units being currently developed in this thriving community.
Located at the heart of the master planned Smart City of Dubai Silicon Oasis, Binghatti East is centred within walking distance of both the cutting-edge Silicon Park, the Dubai Silicon Oasis Authority’s flagship mixed-use community development, and the upcoming Silicon Oasis Mall. The Silicon Mall development will feature a LuLu Hypermarket, as well as a cinema, and numerous dining and shopping destinations.
Commenting on the advancement of Binghatti East’s construction works, Muhammad BinGhatti, CEO and Head of Architecture at Binghatti Developers commented: "We are very pleased with the progress of construction works in Binghatti East. We have reached a business model that suits all customer segments, including real estate investors, as our speed of projects’ delivery allows investors to realise investment returns in record time through leasing or reselling”.
“The centrally located community of Silicon Oasis has proven to be an excellent area for both end users and investors seeking long term rental returns thanks to its plentiful facilities and amenities, as well as its proximity to major landmarks in Dubai” BinGhatti added.
Muhammad BinGhatti concluded by stating: "We consider our commitment to delivery times as a priority, which is a well-known fact solidified by timely deliveries of all Binghatti’s past projects”.
The company is seeking to redefine the norms of the real estate industry by delivering reasonably priced high-quality projects in a timely manner.
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About Binghatti Developers:
Binghatti Developers is an award-winning Dubai based property developer led by the CEO & Head of Architecture Muhammad BinGhatti. The dynamic company offers iconic properties with ground-breaking architectural designs, world class materials, and unrivalled lifestyle amenities. The brand seeks to redefine the norms of the industry by delivering reasonably priced high-quality projects in a timely manner. Within a short time-frame, the company has proven itself as a viable alternative to some of the larger market players in Dubai, strengthening its reputation with an extensive portfolio of completed projects.
Binghatti Developers, the Real Estate development arm of Binghatti Holding, operates throughout the UAE with an investment value constituting AED 3.5 Billion across a portfolio exceeding 39 projects, including its strategic partnership with the Millennium Hotels and Resorts.
The company currently operates in several areas throughout Dubai including Business Bay, Dubai Silicon Oasis, Al Jadaf, Dubai Marina, Jumeirah Village Circle, Liwan, and Dubai Land Residence Complex, in addition to a mega commercial project in Abu Dhabi covering an area of 1 million square feet. The company possesses bold plans for expansion in the coming years, specifically focusing on the growth of its Real-Estate portfolio in Dubai.
For more information, please contact:
Oualid El Meriague
Marketing & Communications Officer
Email: oualid.meriague@binghatti.com
Tel: +971 56 403 6821
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