Binghatti Crest
✓ Resale Available

Binghatti Crest

From AED 945,000·Completed Oct 2023·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 945,000
Starting Price
Oct 2023
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
1 BR · 2 BR
Type

Project Overview

Binghatti Crest is a luxury project by Binghatti, located in the JVC neighborhood. The complex is a 24-storey tower with an amazing architecture, the main feature of which are slightly slanted intertwined balconies and original lighting. On 19 residential floors are located luxury apartments with 1-3 bedrooms, and on 4 podium floors residents will find various amenities and social infrastructure, including a swimming pool with Binghatti's signature lighting, lounge areas and sun loungers, children's pool and playground, state-of-the-art gym, landscaped garden with recreational areas and walking paths. Also on the territory of the complex there is 24-hour security with video surveillance and there is a large covered parking lot. The interiors of the complex are made in a modern style using high quality materials, marble elements and luxurious furniture. Large panoramic windows and balconies offer incredible views of the city scenery. Binghatti Crest has a convenient location in the JVC neighborhood. Al Khail Avenue Shopping Center is just 2 minutes away, Circle Mall and Mall of the Emirates are 7 minutes away, and Dubai Marina, Burj Al Arab, Dubai Mall and Burj Khalifa can be reached in about 20 minutes.

Project Specifications
DeveloperBinghatti Developers
LocationJumeirah Village Circle (JVC)
Unit Types1 BR, 2 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 40,777 / year
Cash-on-Cash
1.8%
Levered cashflow AED 9,592
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 61,425 / 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 Crest launch basis1,050AED 945,000Current 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

Binghatti Crest — View 2
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Binghatti Crest official render 1

Binghatti Crest official render 1

Binghatti Crest official render 2

Binghatti Crest official render 2

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Binghatti Crest official render 9

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Binghatti Crest official render 10

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

Covered Parking
Kids Play Area
Leisure areas
Security and CCTV
Shared Pool

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 Crest by Binghatti Developers

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 945,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Oct 2023

06

Official render/gallery images available

Available for Resale

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

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