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Binghatti’s expansion of its project development across Dubai has contributed to the company’s stock value, which has recently been captured at a value of all projects Dh20 billion.
In line with Binghatti’s strategy to expand its portfolio of projects in Business Bay, the property development brand has purchased a new plot with a transaction value over Dh365 Million, which they intend to develop and launch in addition to their portfolio of projects in 2024. The project will feature the same intricate design language and details that Binghatti’s buildings are renowned for.
Muhammad BinGhatti, CEO of Binghatti Holding said in a recent quote: “This transaction is deemed as the ideal opportunity to design and build a new luxury development for our clients and investors. It will also not only inflate our land plot value by Dh365 million, but also expand Binghatti’s portfolio of plots which we intend to develop and launch in 2024. At Binghatti, we have always strived towards designing our projects with the most intricate and detailed approach, which enables us to create an elevated experience of living across all our projects.”
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