Binghatti Corner
✓ Resale Available

Binghatti Corner

From AED 1.45M·Completed Mar 2024·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 1.45M
Starting Price
Mar 2024
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
2 BR · Apartments
Type

Project Overview

Binghatti Corner is a project by Binghatti Developers that includes 634 luxury residences, commercial and office spaces in one of the best areas of Dubai — Jumeirah Village Circle. The residential complex consists of one basement floor, four podium levels, 29 residential floors and a roof. It features designer apartments with one and two bedrooms, luxurious penthouses, as well as 69 office and 14 retail spaces. The project offers a variety of apartment types, providing a comfortable space for each resident. The interiors of the residences are carefully thought out and equipped with modern plumbing, furniture and fittings. Each apartment has a private balcony with magnificent views of the JVC parks, and penthouse owners will be able to enjoy private pools without leaving their apartments. Residents have access to a shared swimming pool, gyms, yoga and meditation areas, landscaped recreation areas, parks and gardens. A high level of security is provided by security and video surveillance systems, and parking spaces for residents and guests are provided on the territory of the complex. The Binghatti Corner residential complex is located in the Jumeirah Village Circle area, close to all the necessary infrastructure: shopping centers and supermarkets, educational and medical institutions, cultural and entertainment facilities. There are also numerous bus stops in the immediate vicinity.

Project Specifications
DeveloperBinghatti Developers
LocationJumeirah Village Circle (JVC)
Unit Types2 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 62,568 / year
Cash-on-Cash
1.8%
Levered cashflow AED 14,718
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 94,250 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Binghatti Corner launch basis1,611AED 1.45MCurrent launch / asking basis
Jumeirah Village Circle (JVC) ready-stock comps1,050AED 945,000Indicative resale benchmark
Jumeirah Village Circle (JVC) premium peer launches1,300AED 1.17MNew-launch peer set
Trophy alternative proxy1,500AED 1.35MHigher-end anchor for negotiation context

Gallery

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Binghatti Corner official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Binghatti Developers.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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Amenities & Lifestyle

Accessibility for people with disabilities
Central A/C
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped garden
Landscaped park
Laundry
Leisure areas
Lift
Lobby
Outdoor parking
Pets Allowed
Private pool
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Walking paths

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Circle (JVC)Jumeirah Village Circle (JVC)Dubai, UAE

Developer Track Record

01

Binghatti Corner by Binghatti Developers

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 1,450,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Mar 2024

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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