3-Bedroom Apartment for Sale in Binghatti Skyrise Tower B, Business Bay – Below OP Distress Deal

3-Bedroom Apartment Binghatti Skyrise Tower B Business Bay — Studio For Sale Distress
3-Bedroom Apartment Binghatti Skyrise Tower B Business Bay. Studio For Sale Distress.

AED 3,580,000 was AED 4,336,799

Deal typeBelow OP
PriceAED 3,580,000
Original priceAED 4,336,799
SavingAED 756,799 (17.5%)
Bedrooms3
Size1988 sq.ft
TypeApartment
StatusOff-Plan
HandoverQ1 2027
DeveloperBinghatti Developers
Area / Master developmentBusiness Bay
Sub-community / PhaseBinghatti Skyrise Tower B
CommunityBusiness Bay

Property Overview

This 3-bedroom apartment with Burj Khalifa views in Binghatti Skyrise Tower B, Business Bay, is offered at AED 3,580,000 as a below-original-purchase-price distress resale. The unit measures 1,988 sqft and is priced 17.5% under the seller's stated original purchase price of AED 4,336,799, ahead of the project's expected Q1 2027 handover.

Property Highlights

  • 3-bedroom apartment, 1,988 sqft
  • Burj Khalifa view
  • Located in Binghatti Skyrise Tower B, Business Bay
  • Developer: Binghatti Developers
  • Off-plan, handover Q1 2027
  • Priced 17.5% below the seller's original purchase price

Why the Price Qualifies as a Below OP Deal

The seller's agent states an original purchase price of AED 4,336,799 for this unit. At the current asking price of AED 3,580,000, the savings amount to AED 756,799. DPF's independent recalculation puts this at 17.5% below the original price; the agent's brief cited approximately 17.4%, which is preserved here as an attributed claim. The brief also described this as below OP+DLD; no separate DLD-related saving is represented in the numbers above, as no such evidence was supplied. This benchmark has not been cross-checked against an independent DLD transaction record, so buyers should request the seller's original SPA for confirmation.

About the Project, Developer and Community

Binghatti Skyrise is a three-tower development by Binghatti Developers along the Dubai Canal in Business Bay, each tower rising 47-48 storeys with the developer's signature diamond-shaped crown. The towers offer studio to 3-bedroom apartments with sizes up to approximately 1,991 sqft, with views of the Dubai Canal and Burj Khalifa, and amenities including an infinity pool, gym, yoga zone and children's play area.

Layout, Floor and View

The unit has Burj Khalifa views, as stated by the listing agent. No specific floor number, bathroom count or furnishing status was supplied in the brief, so these details are not listed here and should be confirmed directly with the agent.

Payment Plan and Handover

The brief states an expected handover of Q1 2027. No payment plan was supplied for this specific unit; buyers should request SPA confirmation and remaining payment terms directly from the seller or agent.

Location and Connectivity

Binghatti Skyrise Tower B sits along the Dubai Canal in Business Bay, close to Downtown Dubai and Sheikh Zayed Road. Exact distances or commute times to specific landmarks were not supplied and are not stated here to avoid invented figures.

Verification Notes

Unit-specific facts — price, original purchase price, size, bedroom count and view — are as stated in the agent's brief and have not been independently verified by DPF. The savings amount and percentage below are independently recalculated by DPF from the agent-supplied figures; the recalculated 17.5% differs slightly from the agent's cited 17.4%, and both figures are documented above. The deal type has been mapped from the agent's 'below OP+DLD' label to the nearest valid classification, Below OP, as noted above. Project-level facts about Binghatti Skyrise, its developer and Business Bay are drawn from Binghatti Developers' official project materials. This listing remains a draft pending DPF review and agent document verification before publication.

Frequently asked questions

What is the asking price for this Binghatti Skyrise Tower B apartment?

The seller is asking AED 3,580,000 for this 3-bedroom apartment with Burj Khalifa views in Binghatti Skyrise Tower B, Business Bay.

How much below the original purchase price is this deal?

The asking price is AED 756,799 below the seller's stated original purchase price of AED 4,336,799, which DPF calculates as 17.5%. The agent's brief cited approximately 17.4%; the recalculated figure is used here. The brief also described this as below OP+DLD, but no separate DLD-coverage evidence was supplied.

What is the size and price per square foot?

The apartment measures 1,988 sqft, working out to approximately AED 1,801 per square foot at the current asking price.

Which project and community is this apartment in?

The unit is in Binghatti Skyrise Tower B, one of three towers by Binghatti Developers along the Dubai Canal in Business Bay.

What view does the apartment have?

The agent brief confirms Burj Khalifa views.

When is the handover date?

The seller's brief states a handover of Q1 2027.

How is the below-OP claim verified?

The original purchase price and resale terms are as stated by the listing agent. DPF has not independently verified the seller's original SPA document; buyers should request supporting paperwork before proceeding.

Buyer costs

What you will pay

Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price—
DLD transfer fee—
NOC fee—
Trustee / registration—
Agency fee—
VAT on agency (5%)—

Total cost

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Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.

AED
Down payment—
Loan amount—
Total interest—
Total repaid—

Monthly payment

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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

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