Developer secures 8 million sq. ft. for its first large-scale master-planned residential project
Dubai-based real estate giant Binghatti Holding Ltd. is set to reshape the city’s residential landscape with the launch of a landmark community valued at over AED 25 billion ($6.8 billion). The company has acquired more than 8 million square feet of freehold land in Nad Al Sheba 1, a prime location within the sought-after Meydan district.
The upcoming development will mark Binghatti’s first master-planned residential community and is envisioned as a serene, upscale enclave offering residents seamless access to Dubai’s major road networks and iconic landmarks. Known for its equestrian legacy and close ties to the historic Nad Al Sheba Racecourse, the area is poised to become a new benchmark for premium urban living.
Strategic Growth and Vision
“This acquisition represents a defining moment for Binghatti,” said Muhammad BinGhatti, Chairman of Binghatti Holding Ltd. “It is the natural evolution of our vertically integrated development model, allowing us to self-fund and deliver projects of extraordinary scale and quality. We’re excited to bring our vision of refined, community-centric living to life in one of Dubai’s most prestigious areas.”
Rapid Expansion and High-Profile Collaborations
Binghatti’s development portfolio continues to grow rapidly, with approximately 20,000 units currently underway across 30 projects in key areas such as Downtown Dubai, Business Bay, Jumeirah Village Circle, Al Jaddaf, Dubai Science Park, and more.
The brand is also renowned for its high-end branded residences created in collaboration with global luxury icons like Bugatti, Mercedes-Benz, and Jacob & Co. These projects have attracted international attention, drawing celebrity clientele including Neymar Jr. and Andrea Bocelli.
As Binghatti enters the next phase of its journey, this transformative community aims to redefine integrated living in the Emirate, setting new standards in design, convenience, and lifestyle excellence.
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