Studio on the 26th Floor at Binghatti Skyrise, Business Bay, 7.8% Below OP

Property Overview

This studio apartment in Binghatti Skyrise, Business Bay, is offered at AED 950,000. It has a built-up area of 390 sq ft on the 26th floor with a pool and community view. Against an agent-stated original purchase price of AED 1,030,000, the asking price is AED 80,000 or 7.8% below OP, at about AED 2,436 per sq ft.

Property Highlights

• Asking price: AED 950,000
• Original purchase price: AED 1,030,000
• Below OP by: AED 80,000 (7.8%)
• Type: studio
• Built-up area: 390 sq ft
• Asking rate: about AED 2,436 per sq ft (OP rate about AED 2,641)
• Floor: 26 (agent-stated)
• View: pool and community (agent-stated)
• Developer: Binghatti Developers

Why the Price Qualifies as Below OP

The agent supplied an original purchase price of AED 1,030,000 and a selling price of AED 950,000. The difference is AED 80,000, which is 7.8% of the OP.

The amount already paid and the remaining balance were not supplied. Published information shows a payment plan with 30% due on handover, which is scheduled for Q4 2026, so confirm the outstanding balance to Binghatti and whether the asking price includes it, using the SPA and the developer's statement of account.

About Binghatti Skyrise and Business Bay

Binghatti Skyrise is a three-tower Binghatti Developers project in Business Bay along the Dubai Water Canal. Published project information lists studios to 3-bedroom apartments, with amenities including an infinity pool, gym, jogging track, tennis, padel, basketball and badminton courts, children's play areas, gardens and an artificial beach area.

Layout, Floor and View

The agent describes a 390 sq ft studio on the 26th floor overlooking the pool and community areas. The tower, bathroom details, parking and furnishing were not supplied.

Payment Plan and Handover

The agent did not supply a handover date. Published project information gives Q4 2026 with a 20/50/30 plan. Confirm the handover date, amount paid and remaining payments for this unit in the SPA.

Location and Connectivity

Business Bay is a central Dubai district next to Downtown Dubai, along the Dubai Canal, with access to Sheikh Zayed Road and Al Khail Road. Exact travel times were not supplied.

Verification Notes

• Agent-supplied: price, OP, built-up area, studio type, 26th floor and pool/community view.
• Calculated by DPF: discount amount, discount percentage and rates per sq ft.
• External research: developer, tower count, unit mix, amenities, handover date and payment plan from published information.
• Not supplied: tower, parking, furnishing, handover date for this unit and amount paid.