Muhammad Binghatti speaks at the launch event in Dubai.
Inayat-ur-Rahman, Enterprise Editor
Binghatti Developers, the leading developer of affordable housing projects, has announced the launch of the Binghatti Canal in Dubai’s Business Bay district. The Dhs 500 million Binghatti Canal project will be completed in June 2023.
The announcement took place during a large party at the Grand Hyatt hotel attended by a large number of members of their management team, key partners, investors and customers looking for units of accommodation in the company’s latest real estate projects.
The residential project, Binghatti Canal, consists of 300 units, including 124 one-bedroom apartments, 85 two-bedroom apartments, in addition to 84 studios, all overlooking the most luxurious beachfront destinations in the Business Bay area. with direct view of downtown Dubai.
“We are delighted to add our 50th project to the company’s portfolio in the United Arab Emirates, which will mark another milestone in our real estate journey,” said Muhammad Binghatti, CEO of Binghatti Developers. “This innovative project, which will be built in one of Dubai’s most affluent areas, is one of our many achievements for this year,” he added.
“The project will be unique in terms of creativity and luxury, as it contains elegant and practical apartments designed in an exclusive contemporary style in classic designs with magnificent views of the Dubai Water Canal. The high standards of privacy and security add to its excellence,” he said.
The CEO said that the company is offering a Dhs 300,000 discount on any unit in the “Binghatti channel” as part of a one-day only offer, i.e. on the day of the project launch, while offering flexible and attractive payment plans, which makes the project an ideal option for investment.
“Our smart homes offer comfort and the highest standards of security in a modern and luxurious lifestyle with high-tech solutions that facilitate the lifestyle of customers, especially with the integration of the virtual assistant system (Alexa ) to make everyday household chores easier,” he said. said.
