Binghatti Crest — project image
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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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 40,777 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,592
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 434,700 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

Binghatti Crest — View 2
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Astraterra Properties

Official Documents

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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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

Jumeirah Village Circle (JVC)

Developer and Project Facts

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

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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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