Dubai real estate developers Binghatti announced Thursday the successful completion of their latest project, Binghatti Canal, well before its scheduled deadline, originally set for the end of 2023.
The feat comes as a testament to the company’s commitment to delivering large-scale projects promptly while maintaining top-notch quality.
The project was launched on June 22, 2022, making the completion date even more impressive, as the team managed to finish the development within less than a year.
Business Bay’s gem: Binghatti Canal
“It is our great pleasure to announce the delivery of ‘Binghatti Canal,’ one of our most recent real estate projects in Dubai. With dedicated efforts from our team on the ground and administrative support, we successfully obtained the completion certificate before its deadline, within less than a year of its launching date,” Muhammad Binghatti, the CEO and Head of Architecture at Binghatti Developers said.
The completion of Binghatti Canal aligns perfectly with Dubai’s vision, known for its emphasis on development, speed, and innovation.
The project’s success further boosts the confidence in Dubai’s real estate market, which is expected to see robust demand throughout 2023.
The thriving market conditions not only suggest the potential for record sales but also encourage developers to launch more ambitious projects.
Situated in the prime location of Business Bay, Binghatti Canal stands out with its unique architectural language that reflects the distinctive identity of Binghatti Developers.
With a total cost of AED500 million, the project comprises 22 residential floors and offers 293 luxurious and smartly designed residential units, equipped with cutting-edge AI systems.