Residence complex Binghatti Canal in Dubai
Residential complex Binghatti Canal in Dubai is a long-awaited project that is now almost complete. The 26-storey apartment building with a unique exterior appeared in the emirate’s most famous business community, which attracts tourists with its architectural masterpieces and a three-kilometre artificial canal.
Inside the residential complex, there is a collection of 293 premium residences, as well as a wide range of public amenities that create the most comfortable conditions for the owners. A leading Middle Eastern real estate developer with a long track record and credibility among experienced investors is working on the promising project. According to its representatives, the residential properties will be commissioned as early as this June.
Binghatti Canal in Business Bay, Dubai, UAE
The community’s infrastructure lives up to its name and includes a wide range of commercial properties. Here, one can find numerous office and retail spaces, catering facilities, hotel apartments, warehouses, and other types of real estate. They are popular both among entrepreneurs interested in developing their own businesses in one of the best areas of the emirate, and among investors intending to earn money on capital gains or rentals.
A little more than 20% of the area is occupied by residential properties, with the rest being commercial and mixed-use. There are residential complexes with studios, one- to seven-bedroom apartments, and penthouses. In addition, there is a limited selection of two-level townhouses in apartment buildings and floating villas located directly on the waters of the artificial canal.
Property for sale in Binghatti Canal
Since the project is still under construction, you can buy real estate in Binghatti Canal at an extremely favourable price. The starting price for premium studios is AED 750,000 (USD 204,000), while one- and two-bedroom apartments cost AED one million and AED 1.8 million (USD 272,500 and USD 490,000) respectively. It is necessary to clarify the current information about the selected residential property before making the purchasing decision because the developer can change the prices at any stage of construction.
It is also possible to pay for the property in instalments. According to the payment plan established by the developer, a down payment to book the residence is 20% of the value, and 40% is covered in 10% instalments. The remaining 40% will need to be paid after the handover.
Would you like to buy a studio or apartment in Binghatti Canal at a developer’s price? Contact our experts to get more information about the new development, as well as support in the purchase process and after-sales services.
