Binghatti Skyrise

Binghatti Skyrise is a trio of 48-storey towers rising along the Dubai Water Canal in Business Bay, marking the district's first-ever mega-development of this scale. Spread across four basement levels, ground floor and five podium levels dedicated to leisure and retail, the project offers 3,302 apartments ranging from compact studios to 3-bedroom family units. Prices start from AED 975,000, with a standard 70/30 payment plan and handover targeted for Q4 2026. The development's extensive amenity programme includes an artificial beach, a rooftop golf course with a lake, and a wide range of sports and wellness facilities, positioning it as a lifestyle-led alternative to standard Business Bay apartment towers.

• Trio of 48-storey towers forming Business Bay's first mega-development

• 3,302 total apartments across studio to 3-bedroom configurations

• Prices starting from AED 975,000

• 70/30 payment plan with 20% on booking

• Handover scheduled for Q4 2026

• Five podium levels dedicated to leisure and retail

• Artificial beach and rooftop golf course with lake

• Freehold ownership open to international buyers

• Canal-facing views across much of the unit mix

• Close proximity to Burj Khalifa and The Dubai Mall

• Business Bay's first-ever mega-development, spanning three interconnected towers

• Accessible entry price starting from AED 975,000

• Flexible 70/30 payment plan with only 20% required at booking

• Extensive five-podium-level amenity deck, including an artificial beach and rooftop golf course

• Direct proximity to Burj Khalifa, The Dubai Mall and Dubai Opera

• Canal-facing views across much of the unit mix

• Freehold ownership available to all nationalities

• Broad unit mix from studio to 3-bedroom apartments

• Golden Visa eligibility on qualifying purchases

• Backed by Binghatti's proven fast-delivery track record

• Strong historical rental demand across Business Bay's studio and 1BR segment

• Handover targeted within the near term, reducing long-horizon construction risk

• Positioned at the heart of Business Bay, directly along the Dubai Water Canal

• Approximately 2 minutes to the Dubai Canal waterfront

• Approximately 2 minutes to Business Bay Marina Yacht Club

• Approximately 5 minutes to Burj Khalifa

• Approximately 5 minutes to Dubai Opera

• Approximately 5 minutes to the Dubai Fountain

• Approximately 5 minutes to The Dubai Mall

• Approximately 7 minutes to Dubai Design District (d3)

• Approximately 7 minutes to the Dubai International Financial Centre (DIFC)

• Approximately 9 minutes to Coca-Cola Arena

• Approximately 10 minutes to Dubai Creek Harbour

• Approximately 10 minutes to Ras Al Khor Wildlife Sanctuary

Binghatti Skyrise's five-level podium delivers one of the most extensive amenity programmes among Business Bay towers, spanning aquatic, sporting, wellness and social facilities across a shared base for all three towers.

• Artificial beach with cityscape views

• Infinity-edge swimming pool

• Dedicated children's pool and splash park with interactive play zones

• Full spa facility

• Sauna

• Indoor and outdoor gym zones

• Yoga terraces

• Paddle tennis court

• Tennis court

• 3x3 basketball court

• Badminton court

• Rooftop golf putting lawn and private golf course with a lake feature

• Jogging and cycling tracks through landscaped sky gardens

• Rooftop leisure decks with BBQ areas

• Private cinema

• Co-working spaces

• Multipurpose pavilion and amphitheatre

• 24-hour security across podium and tower entrances

• Studio Apartment - Size: 422 to 477 Sqft, Floors 5 to 48, Studio, 1 Bathroom, Parking: 1 Space, Canal or Community View, Price AED 975,000 Plus

• 1BR Apartment - Size: 762 to 1,022 Sqft, Floors 5 to 48, 1 Bedroom, 1-2 Bathrooms, Parking: 1 Space, Canal or City Skyline View, Price AED 1,650,000 Plus

• 2BR Apartment - Size: 1,277 to 1,667 Sqft, Floors 5 to 48, 2 Bedrooms, 2 Bathrooms, Parking: 1 Space, Canal and Business Bay Skyline View, Price AED 2,500,000 Plus

• 3BR Apartment - Size: 1,839 to 1,991 Sqft, Floors 5 to 48, 3 Bedrooms, 3 Bathrooms, Parking: 2 Spaces, Panoramic Canal and Downtown View, Price AED 3,250,000 Plus

• 20% - On booking

• 50% - During construction, staged monthly from December 2024 to September 2026

• 30% - Upon completion (handover)

Market Snapshot

• Business Bay's first mega-development brings significant new supply to one of Dubai's most active rental submarkets

• Binghatti Skyrise's entry price of AED 975,000 positions it competitively within Business Bay's studio segment

• The large unit count (3,302 apartments) provides broad liquidity for both resale and rental transactions

• Canal-facing views and central location support sustained investor interest

• Extensive podium amenities differentiate the project from standard Business Bay apartment towers

Rental Yield

• Studio and 1-bedroom units in Business Bay typically achieve gross rental yields of 6-7%

• High unit count in the studio and 1BR categories supports strong rental market depth

• Canal-facing units generally command a rental premium over inland Business Bay stock

• Short-term holiday-home rental demand remains strong given Business Bay's central, tourist-accessible location

Capital Appreciation

• Business Bay has recorded sustained price growth as canal-front infrastructure and retail have matured

• Binghatti-branded developments have historically retained a resale premium over generic Business Bay stock

• The scale of the mega-development is expected to anchor a new retail and lifestyle hub within Business Bay

• Ongoing canal promenade investment supports long-term neighbourhood value growth

Price Per Sqft Value

• Studio and 1BR pricing offers a competitive entry point relative to other new Business Bay canal-front launches

• 2 and 3-bedroom units, with limited unit counts of 24 and 26 respectively, carry a scarcity premium

• Price per sqft is expected to increase progressively as the project approaches its Q4 2026 handover

Key Risk to Note

• Large total unit count (3,302 apartments) across three towers could create short-term rental supply pressure at handover

• Off-plan construction timelines can shift; buyers should confirm the latest progress with the developer

• Service charges for the extensive podium amenity deck have not yet been published and should be confirmed before purchase

• Exact unit-by-unit bathroom counts and interior finishes may vary by floor and should be verified against the final developer brochure

What makes Binghatti Skyrise unique?

Binghatti Skyrise is Business Bay's first-ever mega-development, comprising a trio of 48-storey towers sharing an extensive five-level podium with an artificial beach and rooftop golf course, a scale rarely seen in the district.

How is the final payment handled at handover?

Buyers pay the remaining 30% balance upon completion, expected in Q4 2026, at which point title transfer can be processed through the Dubai Land Department.

Is the project expected to appreciate in value?

Business Bay's canal-front submarket has shown consistent capital growth, and Binghatti-branded projects have historically performed well on resale relative to comparable Business Bay stock.

What kind of rental income can be expected?

Studio and 1-bedroom units in Business Bay typically achieve gross rental yields of 6-7%, supported by strong and consistent tenant demand in the district.

Who is the developer behind this project?

Binghatti Developers, one of Dubai's leading private developers, recognised for its innovative architecture and premium lifestyle projects, including branded collaborations with Bugatti, Mercedes-Benz and Jacob & Co.