Binghatti Skyrise

1. Is it on schedule?0% built in July 2026 against a December 2026 handover: 100% left to build in 5 months · DLD project register, Jul 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك دبي الاسلامي (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 2,891/sqft, 7.7% above the Business Bay off-plan median across 47 projects+7.7%Context
4. Is it selling?361 off-plan sales registered in the last 12 months, of 3,327 units; the latest on 12 Oct 2026361Context
5. Who is building it?Binghatti Developers, licence no. 1051; 8 of its 23 dated live projects are past their registered dates35%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك دبي الاسلامي (شركة مساهمة عامة)

Developer, as licensed

Binghatti Developers FZE (no. 1051)

Master developer

Business Bay LLC

Registered start

October 2024

Configuration

4B + G + 5P + 48 RESIDENTIAL FLOORS + 2MECH + ROOF ( 3 TOWERS)

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Binghatti Skyrise be completed?

The developer registered handover for December 2026, 5 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Binghatti Skyrise cost per square foot?

AED 2,891 per sqft, the median of 361 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.52M. That is 7.7% above the Business Bay off-plan median across 47 projects.

Is Binghatti Skyrise in escrow?

Yes: the Land Department register names بنك دبي الاسلامي (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Binghatti Skyrise?

Binghatti Developers FZE, licence no. 1051, by the register’s own licence number; the master developer that owns the land is Business Bay LLC. Dubai Land Department project register as of July 2026.

How many units does Binghatti Skyrise have?

3,327 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.