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Nestled in Al Jaddaf, Binghatti Creek, and launched in Q1 2022, is a 21-storey building by Binghatti Developers. With individual interwoven balconies and traditional elements taken from Middle Eastern architecture, this development is the epitome of dynamic design. In total, there are 334 residential units on offer, which include apartments with 1-3 bedroom layouts. Each residence will feature 1-3 balconies overlooking the Dubai Creek, on top of stylish living and dining spaces. Furthermore, the smart home automation system will be installed in order to facilitate residents’ living with just a touch of a button. At the same time, homeowners will be treated to a number of recreational amenities, including a health and fitness gym, a large swimming pool and a children’s play area. There will also be a retail area available within the Binghatti Creek development as well.
| Date | Percentage |
|---|---|
| Down Payment | 20% |
| During Construction | 40% |
| On Handover in March 2023 | 40% |
| On Handover | 2023 Q1% |
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Binghatti Creek is located next to the intersection of some of Dubai’s major highways, including Al Ain – Dubai Road, Al Asayel St and 2nd Za’abeel Road. As a result, its strategic position will enable homeowners to easily reach many sought-after destinations across the city. These include Business Bay, Dubai Design District, Dubai International Airport and Downtown Dubai, all of which can be reached within a maximum of 15 minutes. The public transport infrastructure in the area is currently under development, therefore it is recommended that future residents move around by private vehicle.
Within just a 5 minute drive away, residents of Binghatti Creek will be able to reach Za’abeel Stadium, which holds 18,000 seats and is the official home pitch for the UAE Arabian Gulf League side called Al Wasl FC. In addition, it will take the same time to reach Al Wasl Table Tennis Academy and Al Wasl Swimming Academy, which offer daily practise sessions for children and adults.
The upcoming project boasts close proximity to multiple social facilities, including:
MS FM Supermarket
Clemenceau Medical Center – DHCC
Sheikh Ahmed Square (a shopping mall)
Mashreq ATM – Mariott Hotel Al Jaddaf
Kimuraya Authentic Japanese Restaurant
One of the main benefits of living in Binghatti Creek is its easy access to Swiss International Scientific School, which is the only school to offer the Swiss curriculum for students up to senior school level. As a result, apartments in this residential development are expected to be highly popular among families with children. You can lease an acquired property in the Binghatti Creek development and generate a stable lucrative income, as the ROI in Al Jaddaf has reached as high as 6.7%, as of Q1 2021, according to Property Finder. At the same time, the starting rental price for a 1-bedroom apartment in this area amounts to AED 33,000 (USD 9,000) per annum, and is set to increase upon the completion of the public transport infrastructure in Al Jaddaf. The Binghatti Creek development is scheduled for handover in Q1 2023.
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