The Business Bay development will consist of 300 smart units The Dubai-based Binghatti Developers has launched a Dh500 million residential project in Business Bay which is scheduled to be completed in June next year. Binghatti Canal consists of 300 units, including 124 one-bedroom, and 85 two-bedroom apartments, in addition to 84 studios. Muhammad Binghatti, CEO of Binghatti Developers, said it’s the developer’s 50th project which will be unique in terms of creativity and luxury with views of the Dubai Water Canal. “Our architectural philosophy focuses on the new generation of streamlined designs that extend from the stereotype to the dream house, while providing exceptional

Sobha Realty, one of the UAE’s most trusted real estate developers, has reported a steady increase in investments from foreign investors, recording nearly 60 percent of foreign national investors residing overseas, for its projects in the UAE. Findings indicate that Indian, Russian, Chinese, and Emirati nationals constitute the top four investors in Sobha Realty, followed by Saudi, British, and Nigerian nationals. The real estate sector in the UAE is currently witnessing a rise in demand for prime properties, from both foreign and resident investors. Moreover, Sobha Realty anticipates the market to continue its upward trajectory with more foreign investors entering the

Binghatti Developers signed a agreement with Emirates Islamic Bank to enhance mutual cooperation and develop the consumers’ experience, while serving the UAE real estate sector. The agreement was signed at the Ritz-Carlton Hotel in the Dubai International Financial Center on Wednesday, June 1, 2022. Eng. Muhammad Binghatti, CEO of Binghatti Developers, and Emirates Islamic Bank CEO, Salah Amin, attended the signing ceremony. “The agreement aims to provide resources and support to joint customers, facilitate housing loans procedures , while exempting customers from paying specific fees, and offer the best rate of return on loans,” said Muhammad Binghatti. He revealed that the agreement will