Binghatti Tulip

Binghatti Tulip is a completed residential tower by Binghatti, located in Jumeirah Village Circle and delivered in Q4 2024. The building holds 263 apartments across studio, one-, two- and three-bedroom configurations, and stands as one of the developer's mid-market offerings in a district that has drawn consistent investor attention over the past several years.

# The tower and its position in Jumeirah Village Circle

Binghatti has built a recognisable presence across Dubai through a high volume of mid-rise and high-rise projects, each characterised by a distinctive exterior treatment: angled balconies, bold geometric cladding, and a layered facade that reads differently at street level than from a distance. Tulip follows this approach. The building sits within JVC, a circular master-planned community in the heart of new Dubai, roughly equidistant between Sheikh Mohammed Bin Zayed Road and Al Khail Road.

JVC has matured considerably since its early years as a construction-heavy district. Green corridors, community parks, and a growing retail and F&B base have shifted its character from a speculative address to one where people actually choose to live. For a single-building project of 263 units, that surrounding density provides meaningful infrastructure without the scale that comes with larger master communities.

Construction is fully complete and the building is ready for immediate occupation or handover.

# Residences: layouts, scale and configuration

The unit mix spans four types. Studios run from 303 to 641 sq ft, with asking prices at the time of original sale ranging from AED 552,376 to AED 1,045,444. One-bedroom apartments occupy 490 to 654 sq ft, with the upper end of pricing reaching AED 1,161,210.

Two-bedroom apartments are notably varied in footprint, stretching from 1,140 sq ft to 2,647 sq ft. That upper figure is substantial by JVC standards and likely reflects duplex or larger corner configurations. Pricing for two-bedrooms was set between AED 1,594,424 and AED 1,788,649. Three-bedroom units are tightly grouped at around 1,836 to 1,840 sq ft, priced from AED 2,839,616 to AED 3,591,653.

Apartments are unfurnished. The specification includes fitted kitchens, sliding glass doors opening to balconies, and a finish level consistent with Binghatti's broader residential range. Balconies are a standard feature across the building, contributing both to the facade design and to the usable area of individual units. Service charges are set at AED 10 per sq ft per year.

# Amenities within the building

The amenity programme covers a gym, swimming pool, spa, outdoor fitness area, and restaurants. The set is functional and appropriate for a building of this scale, covering the core requirements that tenants and owner-occupiers in this price bracket expect. There is no claim of a particularly expansive or themed amenity deck here; the offer is coherent and complete rather than oversized.

# A completed, income-generating asset in a high-rental-yield district

The project is listed as out of stock, meaning original developer inventory has been absorbed. Any acquisition at this point would be through the secondary market.

That is a relevant distinction for buyers. Tulip completed on schedule, the building is operational, and buyers can inspect finished apartments rather than making decisions from floor plans. JVC has historically posted rental yields in the upper range of the Dubai residential market, and a building where fit-out and handover uncertainty have already been resolved carries a different risk profile than an off-plan purchase.

For an investor based in London, Frankfurt, or Singapore looking for a yield-oriented Dubai entry point without the friction of an off-plan timeline, a completed mid-market building in a supply-dense but demand-resilient district is a legible proposition. For an end-user, the immediate availability is equally straightforward.