Binghatti Properties

Binghatti was founded by Hussain Binghatti, Muhammad Binghatti and Ahmed Binghatti in 2008.{{Cite web |title=Binghatti: A Visible Force in UAE's Modern Architectural Landscape |url=https://oceandrive.com/binghatti-a-visible-force-in-uae-modern-architectural-landscape |website=Ocean Drive}}{{Cite web |last= |first= |date=2015-12-08 |title=Binghatti Developers Expanding with a vision and mission - Cityscape Kuwait 2015 |url=https://www.kuwaittimes.com/10645-2/ |access-date=2023-06-27 |website=Kuwait Times |language=en-US}}{{Cite web |date=2022-10-27 |title=Dubai Culture and Arts Authority elected Binghatti Pearls as one of the seven must-see architectural wonders in Dubai |url=https://gulfnews.com/business/corporate-news/dubai-culture-and-arts-authority-elected-binghatti-pearls-as-one-of-the-seven-must-see-architectural-wonders-in-dubai-1.1666794721277 |access-date=2023-06-27 |website=Gulf News |language=en}}{{Cite web |date=2022-11-29 |title=How Binghatti's Architectural Masterpieces are Paving the Way for a Bold New Era of Design in the UAE |url=https://en.vogue.me/culture/binghatti-architectural-masterpieces-new-design-era-ceo-interview/ |access-date=2023-06-27 |website=Vogue Arabia |language=en-GB}}

The company has established real estate projects in Business Bay, Al Jaddaf, Downtown Dubai, Dubai Silicon Oasis, Jumeirah Village Circle, Liwan, and Dubai Residential Complex with an investment value of more than {{currency|40|AED}} billion.{{Cite web |last= |first= |title=Binghatti launches world's first Bugatti Residences in Dubai |url=https://www.khaleejtimes.com/business/binghatti-launches-worlds-first-bugatti-residences-in-dubai |access-date=2023-06-27 |website=Khaleej Times |language=en}}

Founded in 2008, Binghatti has grown to establish numerous residential and commercial projects within Dubai. The company is noted for its architectural designs and partnerships with luxury brands.{{Cite web |last=Singh |first=Marisha |date=2024-02-21 |title=Dubai-based developer Binghatti to debut US Dollar bond offering |url=https://gulfbusiness.com/dubai-developer-binghatti-debut-us-dollar-bond-sukuk/ |access-date=2025-02-06 |language=en-US}}

In 2014, Binghatti entered into an undisclosed deal to sell Binghatti Terraces, a mid-rise tower in Dubai Silicon Oasis to Emirates Real Estate Fund which is managed by the Emirates NBD.{{Cite web |last=Anderson |first=Robert |date=2016-09-05 |title=Emirates Real Estate Fund acquires residential property in Dubai's Silicon Oasis {{!}} UAE News |url=https://gulfbusiness.com/emirates-real-estate-fund-acquires-residential-property-dubais-silicon-oasis/,%20https://gulfbusiness.com/emirates-real-estate-fund-acquires-residential-property-dubais-silicon-oasis/ |access-date=2023-06-27 |website=Gulf Business |language=en-US}}{{Cite web |last=Abbas |first=Waheed |title=Dubai's Binghatti Developers to sell property against Bitcoin, Ethereum |url=https://www.khaleejtimes.com/business/dubais-binghatti-developers-to-accept-cryptocurrency |access-date=2023-06-27 |website=Khaleej Times |language=en}}

In 2018, Binghatti completed an agreement with Izdihar Real-Estate Fund valued at AED 200 million ($54.4m), a fund managed by the Bank of Muscat to acquire two residential towers in Dubai Silicon Oasis; Binghatti Vista and Binghatti Sapphires.{{Cite news |title=Dubai's Binghatti sells two residential projects for $54m |url=https://www.arabianbusiness.com/industries/construction/406213-dubais-binghatti-sells-two-residential-projects-for-54m |website=Arabian Business|date=13 October 2018 }}{{Cite web |last= |first= |date=2018-10-14 |title=Dubai's Binghatti sells two towers to Oman REIT for Dhs200m |url=https://gulfbusiness.com/dubais-binghatti-sells-two-towers-oman-reit-dhs200m/,%20https://gulfbusiness.com/dubais-binghatti-sells-two-towers-oman-reit-dhs200m/ |access-date=2023-06-27 |website=Gulf Business |language=en-US}}{{Cite web |last= |first= |date=2018-10-21 |title=Izdihar extends GCC footprint with new acquisition in Dubai |url=https://www.omanobserver.om/article/45346/Business/izdihar-extends-gcc-footprint-with-new-acquisition-in-dubai |access-date=2023-06-27 |website=Oman Observer |language=en}}

In 2021, Binghatti completed a deal with a Saudi food company, Almarai valued at AED 215 million ($58.54m), the deal comprises the acquisition of Binghatti Beverages Manufacturing Facility located in Khalifa Industrial Zone, Abu Dhabi.{{Cite web |date=2021-11-15 |title=Almarai completes $58.5m acquisition of UAE's Binghatti Beverages |url=https://arab.news/25xtp |access-date=2023-06-27 |website=Arab News |language=en}}{{Cite web |last=Rahman |first=Fareed |date=2021-06-02 |title=Saudi Arabia's Almarai acquires Binghatti's beverage production unit in UAE for Dh215m |url=https://www.thenationalnews.com/business/economy/saudi-arabia-s-almarai-acquires-binghatti-s-beverage-production-unit-in-uae-for-dh215m-1.1233954 |access-date=2023-06-27 |website=The National (Abu Dhabi) |language=en}}{{Cite web |last=Joseph |first=Shilpa Annie |date=2023-06-27 |title=Saudi's Almarai acquires Binghatti's beverage production unit in UAE - GCC Business News |url=https://www.gccbusinessnews.com/saudis-almarai-acquires-binghattis-beverage-production-unit-in-uae/ |access-date=2023-06-27 |website=www.gccbusinessnews.com |language=en-US}}

In November 2022, Binghatti announced the Burj Binghatti Jacob & Co Residences, the skyscraper co-designed and branded by Jacob & Co.{{Cite web |title=Binghatti, Jacob & Co launches sales of Dubai hyper-tower |url=http://www.tradearabia.com/news/CONS_410409.html |access-date=2023-06-27 |website=Trade Arabia}}{{Cite web |last=Bardsley |first=Daniel |date=2022-11-27 |title=How Burj Binghatti is set to become the world's tallest residential tower |url=https://www.thenationalnews.com/uae/megaprojects/2022/11/27/how-burj-binghatti-is-set-to-become-the-worlds-tallest-residential-tower/ |access-date=2023-06-27 |website=The National (Abu Dhabi) |language=en}}{{Cite web |last=Montanez |first=Abby |date=2022-11-09 |title=Jacob & Co. Is Building a Soaring 100-Story Tower in Dubai That Looks Like a Crystal Crown |url=https://robbreport.com/shelter/new-construction/jacob-co-binghatti-building-dubai-1234770749/ |access-date=2023-06-27 |website=Robb Report |language=en-US}}{{Cite web |date=2022-11-30 |title=Dubai's 'Hypertower' Is The Tallest In The World |url=https://finance.yahoo.com/news/dubais-hypertower-tallest-world-012434036.html |access-date=2023-06-27 |website=Yahoo! Finance |language=en-US}}{{Cite news |last=Tholot |first=Almas |date=16 November 2022 |title=Binghatti breaks ground on the Burj Binghatti – the world's tallest residential tower |url=https://www.mepmiddleeast.com/projects/binghatti-break-ground-burjbinghatti |website=MEP Middle East}}

In May 2023, Binghatti announced the Bugatti Residences, the skyscraper co-designed and branded by Bugatti.{{Cite web |last= |first= |title=Binghatti launches world's first Bugatti Residences in Dubai |url=https://www.khaleejtimes.com/business/binghatti-launches-worlds-first-bugatti-residences-in-dubai |access-date=2023-06-27 |website=Khaleej Times |language=en}}{{Cite web |last= |first= |title=Bugatti unveils design for first residential skyscraper |url=https://www.dezzen.com/2023/05/25/bugatti-skyscraper-dubai-bingatti |access-date=2023-07-23 |website=Dezzen}}

In January 2024, Binghatti announced the Mercedes-Benz Places, the skyscraper co-desingned and branded by Mercedes-Benz.{{Cite web |last= |first= |title=Dubai: Binghatti, Mercedes-Benz launch $1 billion branded residence tower |url=https://www.khaleejtimes.com/business/dubai-binghatti-mercedes-benz-launch-1-billion-branded-residence-tower |access-date=2024-01-25 |website=Khaleej Times |language=en}}

In February 2024 Binghatti successfully launched its first US dollar-denominated sukuk offering with a competitive yield of 9.625%. The issuance, initially targeted at $300 million, exceeded expectations with subscriptions reaching $621 million. This marked the first real estate sector sukuk from the MENA region in 2024.{{Cite web |last=Abbas |first=Waheed |title=Dubai developer Binghatti lists inaugural $300 million sukuk on Nasdaq Dubai |url=https://www.khaleejtimes.com/uae/dubai-developer-binghatti-lists-inaugural-300-million-sukuk-on-nasdaq-dubai |access-date=2025-01-15 |website=Khaleej Times |language=en}}

In November 2024, football superstar Neymar Jr. purchased a penthouse valued at 200 million AED (approximately $54 million) in the Bugatti Residences.{{Cite web |title=Instagram |url=https://www.instagram.com/binghatti/reel/DChEoYKydwG/?hl=en |access-date=2025-01-08 |website=www.instagram.com}}

Dubai Islands

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• {{Official website|https://www.binghatti.com}}

Category:Emirati companies established in 2008

Category:Conglomerate companies established in 2008

Category:Real estate companies of the United Arab Emirates

Category:Companies based in Dubai

Category:Multinational companies headquartered in the United Arab Emirates

Category:Emirati brands