Binghatti grows its land bank in Business Bay with Dh365 million plot acquisition

Binghatti grows its land bank in Business Bay with Dh365 million plot acquisition

Leading UAE property development brand - Binghatti Properties - grows its land bank in Business Bay with the purchase of a new plot exceeding a transaction value of Dh365 million. Strategically located in the heart of Dubai’s bustling metropolis, Business Bay is regarded as one of the most prestigious destinations in Dubai. Located minutes from Dubai’s famous shopping destination – The Dubai Mall – and with breathtaking views of the Burj Khalifa and the Dubai Water canal, the destination is also home to some of Binghatti’s most iconic flagship projects, including the Bugatti Residences by Binghatti in partnership with the worldclass automotive brand Bugatti.

Also located in Business Bay is Binghatt’s Burj binghatti Jacob & Co Residences, – a branded tower in partnership with leading watch and jewelry brand Jacob & Co, which is aimed to be the tallest residential tower in the world. In addition to Binghatti’s portfolio of branded projects is the newly announced Mercedes-Benz Places by Binghatti in Downtown, Dubai.

Binghatti’s expansion of its project development across Dubai has contributed to the company’s stock value, which has recently been captured at a value of all projects Dh20 billion.

In line with Binghatti’s strategy to expand its portfolio