Studio in Binghatti Skyrise, Business Bay at AED 1,050,000 - 19.2% Below OP with Burj Khalifa and Canal Views

Property Overview

A studio apartment in Binghatti Skyrise, Business Bay, offered at AED 1,050,000. The original purchase price was AED 1,300,000, placing this unit at a 19.2% discount with a saving of AED 250,000. The studio measures 465 sqft at AED 2,258 per sqft and features Burj Khalifa and canal views.

Property Highlights

• Type: Studio apartment
• Size: 465 sqft
• Asking price: AED 1,050,000
• Original price: AED 1,300,000
• Saving: AED 250,000 (19.2%)
• Rate: AED 2,258 per sqft
• View: Burj Khalifa and canal
• Handover: Q4 2026

Why the Price Qualifies as Below OP

The agent states the original purchase price was AED 1,300,000. The asking price of AED 1,050,000 represents a saving of AED 250,000, equal to 19.2% off the original price. Calculation: 250,000 divided by 1,300,000 equals 19.23%, rounded to 19.2%.

DLD transaction records for studios in Binghatti Skyrise provide additional context. Recent recordings between August and October 2026 include: AED 1,277,249 for 462 sqft in Tower C (AED 2,764/sqft), AED 1,115,625 for 422 sqft in Tower B (AED 2,643/sqft), AED 1,000,000 for 449 sqft in Tower B (AED 2,227/sqft), AED 1,025,000 for 422 sqft in Tower B (AED 2,429/sqft), and AED 1,030,000 for 463 sqft in Tower C (AED 2,224/sqft).

The asking price of AED 1,050,000 sits within the DLD transaction range. At AED 2,258 per sqft, it falls between the lower-end transactions around AED 2,224/sqft and the higher recordings above AED 2,600/sqft. The agent does not specify which tower this unit is located in.

About Binghatti Skyrise

Binghatti Skyrise is developed by Binghatti Developers and is located along the Dubai Water Canal in Business Bay. The project comprises three towers, designated A, B and C, offering studios, 1-bedroom, 2-bedroom and 3-bedroom apartments with sizes up to 1,991 sqft.

The development features a 70/30 payment plan structure with 20% at booking, 50% during construction and 30% at handover. Handover is expected in Q4 2026. The project has recorded 79 DLD sales transactions as of October 2026.

Amenities and Facilities

Binghatti Skyrise features a golf course with a scenic lake, an artificial beach, infinity pool, gymnasium, tennis and padel tennis courts, basketball and badminton courts, jogging tracks, children playgrounds and landscaped garden areas. The development is positioned along the Dubai Water Canal with views toward the Burj Khalifa and the Downtown Dubai skyline.

Location and Connectivity

Business Bay is one of Dubai's central commercial and residential districts, situated along the Dubai Water Canal. The area offers proximity to Downtown Dubai, Dubai Mall, DIFC and major road networks including Sheikh Zayed Road and Al Khail Road. The Business Bay Metro station provides public transport connectivity.

Handover

Handover for Binghatti Skyrise is expected in Q4 2026. With the handover period approaching, buyers should confirm the exact completion status and timeline directly with Binghatti Developers before committing to a purchase.

Verification Notes

The asking price, original price, property type, size, views and handover are from the agent brief. The 19.2% discount and AED 250,000 saving are calculated figures. The agent does not specify which tower (A, B or C) the unit is in. DLD transaction data is sourced from Property Finder. Project details including developer, tower configuration, payment plan and amenities are from Property Finder and Metropolitan Real Estate. Buyers should request the original SPA to confirm the stated original price and verify the tower, floor and orientation.