Binghatti Skyrise

Binghatti Skyrise is a residential tower under construction in Business Bay, developed by Binghatti and scheduled for completion in Q4 2026. The project comprises 26 residences across a single building, with studios and one-bedroom apartments priced from AED 1,115,624 to AED 2,715,749.

# The Tower and Its Position in Business Bay

Business Bay sits immediately south of Downtown Dubai, separated from it by Al Khail Road and the Dubai Canal. The district has matured considerably over the past decade, shifting from a predominantly commercial address into one of the city's denser mixed-use corridors, with residential towers, hotels and waterfront promenades now defining its character as much as its office stock.

Binghatti is one of the more prolific developers operating in this part of the city, known for a distinctive architectural vocabulary that favours bold geometric facades and high-density programmes. Skyrise follows that approach: a single high-rise tower that reads as a vertical statement against a skyline already crowded with ambition.

At 12 per cent construction progress as of the current reporting period, the project is early in its build cycle. Buyers entering now do so with a Q4 2026 horizon in mind.

# Residences, Layouts and Sizes

The 26 units divide between studios and one-bedroom apartments. Studios are sized at approximately 449 and 462 square feet, priced at AED 1,115,624 and AED 1,391,874 respectively. One-bedroom apartments span a wider range, from around 830 square feet up to just over 1,021 square feet, with pricing across that band running from AED 2,163,249 to AED 2,715,749.

The residences are delivered unfurnished. The developer's brief references high-quality material finishes and an equipped kitchen as standard.

Service charges are set at AED 20 per square foot annually, a figure buyers should factor into yield calculations and total cost-of-ownership modelling alongside purchase price.

# Amenities Across the Podium and Grounds

The amenity programme at Skyrise is notably broad for a 26-unit building, spanning active and passive categories. Sports facilities include paddle and tennis courts, a badminton court, a basketball court, indoor and outdoor gyms, and a jogging track.

At the more social end, the development offers a swimming pool, a private pool with jacuzzi, a kids' pool and aquatic area, landscaped gardens with sunken seating, an outdoor seating area, a multipurpose pavilion and an amphitheatre. A golf course with lake rounds out a list that, for a building of this scale, leans heavily into resort-style programming.

# Distances and Daily Connectivity

Marasi Drive Park sits 300 metres from the building, giving residents immediate access to one of the canal-side green corridors that Business Bay has developed in recent years. Downtown Dubai is 3.6 kilometres away, and the Creative Kids Early Learning Centre is within one kilometre.

Al Faris Mall is approximately 3.3 kilometres out. Jumeirah Beach is reachable in 6.5 kilometres, while Dubai International Airport is 18.1 kilometres from the site, a journey that typically runs around 20 minutes outside peak traffic.

# Who Skyrise Is Likely to Attract

The price range, apartment scale and Business Bay address collectively point to a specific buyer profile: investors seeking a Dubai entry point with strong rental fundamentals, and end-users who want proximity to Downtown without the price premium that addresses like Dubai Creek Harbour or the Burj Khalifa district currently command.

Studios below AED 1.2 million in Business Bay remain an accessible entry point relative to comparable districts. One-bedrooms approaching AED 2.7 million at over 1,000 square feet offer reasonable spatial value for the location. The low unit count of 26 residences also limits supply within the building itself, a consideration for buyers focused on resale or rental exit dynamics.

Construction is early, the escrow account (001582131526101) is registered, and completion sits two years out. For buyers comfortable with the timeline and the developer's track record in the district, Skyrise occupies a credible position in Business Bay's mid-market residential pipeline.