Binghatti Canal is a mixed-use project from Binghatti Developments that features studios and apartments with 1 & 2-bedrooms located in Business Bay. Residences offer breathtaking panoramic views of the city, including the Burj Khalifa, Dubai Canal and Dubai Creek
Binghatti Canal is a mixed-use project from Binghatti Developments that features studios and apartments with 1 and 2 bedrooms. Residences offer breathtaking panoramic views of the city, including the Burj Khalifa, Dubai Canal and Dubai Creek. The project project features a symbolic design with individual balconies interwoven together to form a unified community. Due to this interesting pattern, an illusion of the building’s dynamic design has been created. The balcony design provides outdoor spaces for residents to enjoy and ensures a sustainable design by providing shade, which reduces the amount of energy required to cool the living spaces of the Binghatti Canal building.
The Binghatti Canal building has 3 parking levels, 22 residential storeys, as well as a rooftop floor. There are 84 studios, 124 one-bedroom apartments and 85 two-bedroom residences in the complex, with property sizes ranging from 449 to 1378 sqft. The development provides truly exclusive, resort-style facilities, which include infinity swimming pools, a fully equipped gym, a sauna, retail area and covered parking.
The Binghatti Canal waterfront complex is situated in the main business hub of the emirate of Dubai – Business Bay. The development has an advantageous location near Al Khail Road and Financial Center Road, which provides easy connectivity to other parts of the emirate.
Neighbouring districts of the development include Dubai Design District, Za’abeel 2, as well as Downtown Dubai which houses plenty of the city’s world-famous landmarks such as the Burj Khalifa, The Dubai Mall, Dubai Opera and The Dubai Fountains. Travel time to Dubai International Airport will take about a 20-minute drive, while Al Maktoum International Airport can be reached in 45-minutes.
Residences in Binghatti Canal are ideally suited for progressive young professionals seeking a fast-paced lifestyle within minutes of the major landmarks of Dubai. Apartments in the complex will generate a high ROI at a level of 6%. The average rental price for a 1BR residence in similar projects in Business Bay constitutes about AED 90,000.
Purchasing real estate in this residential development will allow property owners to apply for a 3-year investor visa, which allows for a family sponsorship, including spouse, children, and parents. The benefits also include the right to reside in the UAE, acquire a UAE driving license, open a bank account and much more.
Handover in Q2 2023