One By Binghatti in Business Bay: Studios to Penthouses Across One Tower
One By Binghatti is a residential tower by Binghatti Developers, located in Business Bay, Dubai. The project covers an unusually wide range of unit types: studios, one- to four-bedroom apartments, and three-bedroom townhouses. That range within a single building is worth understanding before you drill into specifics.
Business Bay: What the Address Means in Practice
Business Bay sits directly south of Downtown Dubai, along the Dubai Canal. For a buyer evaluating daily life, that translates to walking distance to the Downtown core, straightforward access to Sheikh Zayed Road, and a water-adjacent environment that most comparable addresses in Dubai do not offer at the same price tier.
The Dubai Mall and Burj Khalifa are roughly 10 to 15 minutes on foot. The Business Bay Metro station connects residents to the Red Line. Dubai International Airport is 20 to 25 minutes by car in normal traffic. For investors, the area draws consistent short-term rental demand from the corporate and tourist segments that base themselves near Downtown.
What the Price Range Tells You
The unit-level pricing runs from AED 1,699,999 for a studio at 461 to 611 sq ft up to AED 13,999,999 for a four-bedroom at 6,788 sq ft. One-bedroom units start at AED 1,949,999 across layouts ranging from 766 to 1,240 sq ft. Two-bedroom apartments begin at AED 3,999,999 at 1,685 sq ft. Three-bedroom apartments start at AED 6,999,999 at 4,250 sq ft, and three-bedroom townhouses at AED 9,999,999 for 2,351 sq ft.
At the studio and one-bedroom end, the buyer is typically an investor targeting yield or a professional entering the Dubai market. Two-bedroom units sit at a level where end-users begin to compete with investors. At three- and four-bedroom scale, this is either a family purchase or a high-value single asset for an investor. The wide spread reflects genuinely different product categories within one building, not just floor-level premiums.
Apartments and Townhouses: Not the Usual Mix
The project offers apartments across five bedroom counts and townhouses at the three-bedroom level. These units offer a distinct living arrangement compared to a standard apartment stack. For a buyer who wants Business Bay's location but prefers a townhouse format over a flat, that is a specific and limited option in this building.
What's On-Site
| Category | Amenities |
|---|---|
| Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoor | Landscaped Gardens |
| Family | Children's Play Area |
| Dining | Restaurants |
| Security | CCTV |
The indoor swimming pool stands out. An indoor pool provides year-round access regardless of outdoor temperatures. The on-site restaurants mean dining options are available within the building itself, not just nearby. The children's play area places this among projects that expect families as residents, which is not universal in Business Bay's mix.
Handover Is Close
Construction started in March 2024. Completion is expected by December 2026, roughly six months from now. For an off-plan buyer entering today, that is a short remaining hold. Less time before handover means less construction-phase exposure and a faster path to rental income or occupation.
Getting In for 20%
| Payment Phase | Share |
|---|---|
| Down payment | 20% |
| During construction | 50% |
| At handover | 30% |
The 20% down payment is your entry cost into the project. The 50% during construction will spread across milestone payments over the remaining build period. The full 30% at handover is a significant lump sum due in December 2026. Buyers using a mortgage need to sequence their financing to cover that handover balance on time.