Ready 3-Bedroom Apartment in Binghatti Ghost, Al Jaddaf, 35.7% Below Original Price

Property Overview

This ready three-bedroom apartment in Binghatti Ghost, Al Jaddaf, is offered at AED 2,700,000 for 1,903 sq ft of built-up area. The asking price is AED 1,500,000 below the agent-stated original purchase price of AED 4,200,000, a discount of 35.7%, or about AED 1,419 per square foot. It has community and road views, and the agent indicates a cash sale.

Property Highlights

• Property type: 3-bedroom apartment
• Building: Binghatti Ghost, Al Jaddaf
• Developer: Binghatti
• Built-up area: 1,903 sq ft
• Asking price: AED 2,700,000
• Original purchase price (agent-stated): AED 4,200,000
• Discount to OP: AED 1,500,000 (35.7%)
• Price per sq ft: approx. AED 1,419
• View: community and road view
• Status: ready
• Transaction (agent-stated): cash

Why This Apartment Qualifies as Below OP

DPF classifies this listing as Below OP because the asking price is lower than the original purchase price supplied in the agent brief. AED 4,200,000 minus AED 2,700,000 equals AED 1,500,000. Divided by the original price, that is a 35.7% reduction. The original price works out to about AED 2,207 per sq ft, against about AED 1,419 per sq ft at the current asking price.

This is a large discount, so buyers should confirm the original purchase price from the SPA or title documents. The benchmark is the seller's original purchase price as stated by the agent on 7 October 2026. It is not a comparison with current market value or recent DLD transactions, so this page does not claim the apartment is priced below market.

About Binghatti Ghost and Al Jaddaf

Binghatti Ghost is a residential tower by Binghatti in Al Jaddaf. Al Jaddaf sits on the southern bank of Dubai Creek, opposite Festival City and close to Oud Metha, Bur Dubai and Dubai Healthcare City, and has seen a wave of new residential towers alongside hotels and cultural venues.

Layout, Floor and View

The agent describes the unit as a three-bedroom apartment of 1,903 sq ft with community and road views. The floor number, bathroom count, maid's room (if any), balcony and parking allocation were not supplied and should be confirmed during a viewing or from the title deed and floor plan.

Handover and Payment

The apartment is ready, so this is a secondary-market resale. The agent indicates the sale is on a cash basis, which usually means the seller is looking for a buyer who can complete without mortgage financing. Buyers should confirm this, along with whether the unit is vacant or tenanted, any outstanding mortgage or developer balance, and the total transfer costs, including the DLD transfer fee.

Location and Connectivity

Al Jaddaf is served by the Al Jaddaf station on the Dubai Metro Green Line and lies close to Oud Metha Road, Al Khail Road and the Business Bay Crossing, giving access towards Downtown Dubai and Dubai International Airport. Travel times depend on route and traffic, so buyers should check commutes to their own key destinations.

Verification Notes

• Agent-supplied facts: property type, bedrooms, size, original purchase price, asking price, ready status, community and road view, cash sale and distress description.
• DPF-calculated figures: discount amount, discount percentage and price per sq ft at both the original and asking prices.
• External research: general facts about Al Jaddaf. Building-level details were not confirmed from an official Binghatti source.
• Not supplied: floor, bathrooms, parking, occupancy and service charges. These must be verified before purchase.