Binghatti Reports Strong 2025 YTD Performance

DXB Interact, a Dubai real estate data aggregator, said that Binghatti Holding Ltd, one of the UAE’s fastest-growing real estate developers, has sold nearly 12,000 residential units across its portfolio year-to-date in 2025, making it the leading real estate developer by number of units sold in the sub-$540,000 segment.

Announcing the year-to-date sales performance and the successful launch of multiple high-value developments across Dubai, DXB Interact said that Binghatti was the top seller of residential units in the Emirate by volume.

Year-to-date, Binghatti has also launched 13 new projects with a combined Gross Development Value (GDV) of approximately $3.3 billion.

Collectively, these projects comprised more than 8,200 residential units and a sellable area exceeding 6.2 million sq. ft. The seven developments completed during the same period account for more than 20% of all new project completions in Dubai year to date, according to Property Monitor data.

It may be recalled that Binghatti Holding unveiled on July 25 its latest landmark development, Flare 01 and Flare 02, two architecturally distinct residential towers in the heart of Jumeirah Village Triangle.

About 95% of the units were sold within the first 90 days of high-profile simultaneous launch events in Egypt and Dubai.

Flare 01 boasts 844 units across a total sellable area of 746,386 sq. ft. and a Gross Development Value (GDV) of $340 million. Meanwhile, Flare 02 features 613 units with a sellable area of 539,812 sq. ft. and a GDV of $249.15 million.

Binghatti Holding Chairman Muhammad BinGhatti said that his company’s position as the market leader for sales volume transactions year to date reflected the success and trust within their vertically integrated business model, which has allowed them to become one of the most agile market players and deliver projects within record timelines.

“The market’s enthusiastic response to our flagship projects including Binghatti Flare 01 and Flare 02 highlights both our financial stability and our ability to deliver consistent value across a broad array of segments. As demand accelerates in the $270,000 to $810,000 property range, where most of our developments are concentrated, we are strategically positioned to capture sustained growth and deliver long-term returns to our stakeholders,” he added.

Binghatti’s Development Portfolio

Binghatti’s $21.78 billion development portfolio currently includes around 38,000 units under development across 38+ projects in prime Dubai locations, including Downtown, Business Bay, Jumeirah Village Circle, and Meydan, as well as flagship branded residences developed in collaboration with luxury partners Bugatti, Mercedes-Benz, and Jacob & Co.

The company’s development pipeline was further reinforced by the recent acquisition of 8.2 million sq. ft. mega plot in Nad Al Sheba 1, which will host Binghatti’s first master-planned community, with a projected development value exceeding $6.81 billion.

Binghatti’s H1 2025 net profit more than tripled to $500 million, driven by sustained demand for Dubai real estate. The Group’s total sales reached $2.4 billion, with revenue rising 189% year-on-year to $1.72 billion, DXB Interact said.