Apartments in the Heart of Business Bay
Binghatti Skyrise is a residential tower in Business Bay, built by Binghatti Developers. Construction started in October 2024, with handover scheduled for December 2026. The project covers four apartment configurations, from compact studios to three-bedroom units.
Business Bay: Canal-Side and Connected
Business Bay sits directly beside Downtown Dubai, with the Dubai Canal running through the district. The Burj Khalifa and Dubai Mall are less than five minutes by car. Sheikh Zayed Road runs along the district's western edge, giving straightforward access across the city. The Dubai International Financial Centre is to the northeast, and Dubai Marina is roughly 25 minutes away.
Business Bay is a dense mixed-use district. Office towers, hotels, and residential buildings share the same streets, so services and transport options are close at hand for most daily needs. The Business Bay Metro station provides rail links to Downtown, the Marina, and Dubai International Airport. The canal promenade adds a walkable waterfront strip to the address.
For someone who works in Business Bay or Downtown, the location removes the commute entirely. The mix of corporate offices and hotels in the district makes it a practical investor location as well.
Studio to Three-Bedroom: What Each Level Offers
The project offers apartments across four unit types:
- Studios from AED 1,420,000 (465 to 476 sq ft)
- 1-bedroom apartments from AED 1,850,000 (762 to 1,021 sq ft)
- 2-bedroom apartments from AED 2,750,000 (1,277 to 1,667 sq ft)
- 3-bedroom apartments from AED 3,750,000 (1,838 to 1,991 sq ft)
Studios and one-bedrooms appeal to two groups: investors looking to let to the corporate and hotel district tenant pool, and single occupants who prioritize the central location over floor space. The three-bedroom units push close to 2,000 square feet, suiting families who want space without leaving the urban core.
The two-bedroom range deserves a closer look. Layouts run from 1,277 to 1,667 square feet at the same starting price. That 390-square-foot gap is a real difference in how a unit lives day to day, and buyers in this segment are effectively choosing between two distinct product sizes.
At the entry level, buyers are paying for the address as much as the floor area. A Business Bay premium over more peripheral locations runs through every unit type here.
What the Amenity Set Signals
| Category | Amenities |
|---|---|
| Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoor | Landscaped Gardens |
| Family | Children's Play Area |
| F&B | Restaurants |
| Security | CCTV |
The indoor swimming pool is the standout here. Dubai's summer heat limits outdoor pool use for a significant part of the year; an indoor facility removes that constraint. The gymnasium and landscaped gardens complete a wellness package suited to working professionals. On-site restaurants reduce the need to leave the building for meals. The children's play area broadens the resident profile toward families and longer-term tenants.
Handover in December 2026
Construction started in October 2024. Expected completion is December 2026, a build period of roughly 26 months. With the project in its final construction phase, buyers entering now face a limited wait before handover. This suits those who want an off-plan price without committing to a multi-year hold.
The remaining window before keys is short. Buyers entering at this stage are getting the off-plan pricing structure with relatively little time left on the construction clock.
Getting In for 20%
| Milestone | Payment |
|---|---|
| Down payment | 20% |
| During construction | 50% |
| At handover | 30% |
The 20% down payment matches standard off-plan terms in Dubai. The 50% during construction falls in instalments across the build period. The final 30% is due at handover in late 2026. For buyers entering at this late build stage, the construction-phase payment calls will land in a compressed window before completion.