1BR in Binghatti Skyrise Tower C, Business Bay – 19.1% Below OP

Property Overview

This 967 sq ft one-bedroom apartment in Binghatti Skyrise Tower C, Business Bay, is offered at AED 1,780,000 against an agent-stated original purchase price of AED 2,200,000, about 19.1% below OP. The unit is on a high floor with a Burj Khalifa view, on a 70/30 payment plan with handover in Q2 2027.

Property Highlights

• Property type: Apartment, 1 bedroom
• Size: 967 sq ft (agent-stated)
• Asking price: AED 1,780,000 (agent-stated)
• Original purchase price: AED 2,200,000 (agent-stated)
• Saving vs OP: AED 420,000, about 19.1% (calculated)
• Price per sq ft: about AED 1,841 (calculated)
• Floor: High floor (agent-stated)
• View: Burj Khalifa (agent-stated)
• Payment plan: 70/30, 30% on handover (agent-stated)
• Handover: Q2 2027 (agent-stated)

Why the Price Qualifies as Below OP

The agent states the original purchase price was AED 2,200,000. The asking price of AED 1,780,000 is AED 420,000 lower, which DPF calculates as about 19.1% below OP, consistent with the agent's stated 19%. On a per-square-foot basis, the asking rate is about AED 1,841, against about AED 2,275 at the original price.

The original price comes from the agent's brief, dated 5 October 2026. Buyers should confirm it against the seller's SPA before relying on the discount.

Payment Plan and Handover

The agent describes a 70/30 payment plan with handover in Q2 2027, and notes that the 30% portion is payable only on handover. If that 30% is calculated on the AED 2,200,000 original price, it would be about AED 660,000. The amount the seller has already paid, any instalments still due before handover, and how the resale price is split between the seller and the developer balance should all be confirmed against the SPA and Binghatti's statement of account, along with any developer transfer or NOC fees.

About Binghatti Skyrise

Binghatti Skyrise is a multi-tower residential development by Binghatti in Business Bay, close to Burj Khalifa and Dubai Water Canal. Launched in October 2024, the project comprises 3,333 residential units. Binghatti lists more than 15 amenities, including swimming pools, a private golf course, tennis courts, a fully equipped gym, a kids' water park, and yoga and relaxation areas.

Layout, Floor and View

The agent lists the unit as a one-bedroom apartment of 967 sq ft on a high floor of Tower C, with a Burj Khalifa view. The exact floor, bathroom count and parking were not supplied, so these should be confirmed against the floor plan and SPA.

Location: Business Bay

Business Bay is a mixed-use district beside Downtown Dubai, set along Dubai Water Canal. Travel times have not been independently verified for this unit and are not stated here.

Verification Notes

• Agent-stated facts: 1 bedroom, 967 sq ft, Tower C, high floor, Burj Khalifa view, 70/30 payment plan with 30% on handover, handover Q2 2027, OP AED 2,200,000, asking price AED 1,780,000.
• Calculated by DPF: saving of AED 420,000 (about 19.1%), price per sq ft of about AED 1,841, and an indicative handover payment of about AED 660,000 if based on OP.
• External research: project facts from Binghatti's October 2024 Skyrise launch coverage and Binghatti's official project page.
• Not supplied: amount already paid, exact floor, bathrooms and parking.