Binghatti leads the market in 2025 year-to-date handovers and unit sales

Binghatti Holding Ltd. (“Binghatti Holding”), one of the UAE’s fastest-growing real estate developers, has reported robust year-to-date performance and the successful rollout of several premium developments across Dubai. This momentum has positioned the company as the top seller of residential units in the emirate by volume, underscoring its leadership in the market. According to DXB Interact, Binghatti sold nearly 12,000 residential units across its portfolio so far in 2025, securing its place as the leading developer in the sub-Dh2 million category.

Major Project Launches and Completions

Since the start of the year, Binghatti has launched 13 new projects with a combined Gross Development Value (GDV) of around Dh12.28 billion ($3.3 billion). These developments encompass over 8,200 residential units and a total sellable area exceeding 6.2 million square feet. Additionally, seven completed projects during this period represent more than 20% of all new completions in Dubai year-to-date, according to Property Monitor data — a strong indicator of Binghatti’s delivery pace and execution capability.

Flagship Launch: Flare 01 and Flare 02

On July 25, the company unveiled its latest landmark project — Flare 01 and Flare 02 — two distinctive residential towers in Jumeirah Village Triangle (JVT). Within the first 90 days of launch, about 95% of the units were sold, following simultaneous events held in Egypt and Dubai. Muhammad BinGhatti, Chairman of Binghatti Holding, commented: “Binghatti’s position as the market leader for sales volume transactions year-to-date reflects the success and trust within our vertically integrated business model, which has allowed us to become one of the most agile players in the market and deliver projects within record timelines. The market’s enthusiastic response to our flagship projects, including Binghatti Flare 01 and Flare 02, underscores both our financial strength and our ability to deliver consistent value across a broad array of segments. As demand accelerates in the Dh1 million to Dh3 million property range - where most of our developments are concentrated - we are strategically positioned to capture sustained growth and deliver long-term returns to our stakeholders.”

Expanding Development Portfolio

Binghatti’s Dh80 billion development portfolio currently spans around 38,000 units under construction across more than 38 projects in key Dubai locations such as Downtown, Business Bay, Jumeirah Village Circle, and Meydan. The portfolio also includes branded residences in collaboration with global luxury names like Bugatti, Mercedes-Benz, and Jacob & Co. The company further enhanced its development pipeline through the acquisition of an 8.2 million sq. ft. plot in Nad Al Sheba 1, which will serve as the site for Binghatti’s first master-planned community, valued at over Dh25 billion.

Strong Financial Growth in 2025

For the first half of 2025, Binghatti’s net profit more than tripled to Dh1.82 billion, driven by strong property demand in Dubai’s resilient real estate sector. The Group’s total sales reached Dh8.8 billion, while revenue surged 189% year-on-year to Dh6.3 billion, reflecting the company’s solid financial performance and strategic market positioning. Looking to invest in Dubai’s most dynamic real estate developments? Visit Distress Property Finder to explore exclusive UAE property opportunities, from off-plan projects to luxury branded residences.

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