1-Bedroom Corner Apartment at Binghatti Skyrise Tower C, Business Bay – 5% Below Original Price

Property Overview

This 762 sq ft one-bedroom corner apartment at Binghatti Skyrise Tower C in Business Bay is offered at AED 1,662,500. The agent describes the price as 5% below the original purchase price, which implies an original price of about AED 1,750,000 and a difference of about AED 87,500. It is an off-plan resale with handover given as Q4 2026.

Property Highlights

• Property type: 1-bedroom apartment
• Building: Binghatti Skyrise Tower C, Business Bay
• Developer: Binghatti
• Size: 762 sq ft
• Position: corner unit (agent-stated)
• Asking price: AED 1,662,500
• Implied original price: approx. AED 1,750,000 (from the agent's 5% figure)
• Difference: approx. AED 87,500 (5.0%)
• Price per sq ft: approx. AED 2,182
• Handover: Q4 2026 (agent-stated)

Why the Price Qualifies as Below OP

The agent's brief of 9 October 2026 states the asking price is 5% below the original purchase price but does not give the original price itself. Working back from the AED 1,662,500 asking price, a 5% discount implies an original price of about AED 1,750,000, or a difference of about AED 87,500. This is a derived figure; confirm the actual original price from the seller's SPA.

The agent also says other one-bedroom units in the building are listed above AED 2 million. That is the agent's own comparison of asking prices, which DPF has not verified, and asking prices are not the same as registered sale prices.

About the Project, Developer and Community

Binghatti Skyrise is a three-tower residential development by Binghatti in Business Bay. Each tower has 57 floors over four basement levels, and the project contains more than 3,300 units, mostly studios and one-bedroom apartments, with a small number of two- and three-bedroom homes. Completion is scheduled for December 2026.

Published facilities include a landscaped pool deck, an artificial beach, a gym, a jogging track, a miniature golf course, padel and tennis courts and a skate park.

Business Bay is a central mixed-use district beside Downtown Dubai and the Dubai Water Canal, with a large stock of residential towers, offices, hotels and restaurants.

Layout, Floor and View

The agent describes a 762 sq ft one-bedroom corner unit. Floor level, view, bathroom count and parking were not supplied. Request the floor plan and unit position before committing.

Payment Plan and Handover

The agent gives handover as Q4 2026, in line with the developer's December 2026 completion schedule. Binghatti's published plan for the project includes a 30% payment on handover. The seller's paid amount and remaining balance were not supplied. Confirm these, together with Binghatti's resale transfer requirements and fees, before committing.

Location and Connectivity

Business Bay has road access via Sheikh Zayed Road, Al Khail Road and Al Asayel Street, and sits next to Downtown Dubai. Check actual travel times for your own routes during a site visit.

Verification Notes

• Agent-supplied: building, tower, bedrooms, size, asking price, 5% below OP, corner position, handover and the comparison with other listings.
• DPF-calculated: implied original price of about AED 1,750,000, difference of about AED 87,500 and approx. AED 2,182 per sq ft.
• External research: developer, tower count, floors, unit mix, amenities, payment plan and completion date from the developer's published project information.
• Not verified: the actual SPA price, amount paid and the agent's comparison with other listings.