Binghatti Terraces is a modern 10-storey residential complex located in Dubai Silicon Oasis, one of Dubai’s most comfortable places to live. The project was built by Binghatti Developers and was completed in 2016
Binghatti Terraces offers 201 residential properties, including studios and one to three-bedroom apartments for sale. Studios have a maximum size of 441 sqft. One-bedroom apartments have a maximum size of 947 sqft and have master bedrooms with adjoining bathrooms, living rooms, and balconies. Two-bedroom apartments have a maximum size of 1,560 sqft and include two large sleeping areas, living rooms, dining rooms, equipped kitchens, and bathrooms. Three-bedroom apartments, typically duplexes, cover an area of 2,195 sqft and feature elegant, spacious designs.
The building provides a variety of amenities and services, including parking with reserved spaces for each unit, high-speed elevators, an equipped gym, a swimming pool with adjustable temperature controls, a Jacuzzi, a children’s playground, a barbecue area, concierge services, round-the-clock security services, reliable video surveillance, and fire safety systems.
Binghatti Terraces is located in a community with good transport accessibility. The nearest bus stops can be reached within a five-minute walk of the complex. There is a Carrefour Supermarket situated on the first floor of the building. As a result, residents have easy access to groceries and household goods. Choithrams, Spinneys, and West Zone Fresh are located within a 5-minute walk.
My Sandwich and Magic Corn Cafe can also be reached within a five-minute walk of the residences. Yin & Yang, Al Shorafaa, Copper Kettle, the Monk, Oregano, and Little Bangkok are situated just a bit further away and serve a variety of local and international cuisines. Residents can take advantage of local educational and medical facilities.
Souq Extra and Dragon Mart, two of the area’s most popular shopping complexes, can be reached within a 15-minute drive of the building. Desert Palm Polo Club is an ideal place for equestrian enthusiasts and is also situated within a 20-minute drive. Dubai International Airport is located within a 15-minute drive.
Binghatti Terraces offers real estate in the budget segment of the local market, and it has a favourable location. As a result, properties are in demand among tenants and investors. Studios and one-bedroom apartments are the most sought-after units and have a return on investment rate that can reach up to 8%. The estimated payback period ranges from 13 to 15 years.