DUBAI 25 June 2018: Dubai-based Binghatti Developers, one of the leading real estate development companies in the UAE, has announced that Binghatti Sapphires, one of its upcoming residential projects in Dubai Silicon Oasis, is on track for completion.
Binghatti Developers confirmed that the structure has been completed with finishing, façade, and installation works currently in progress. The building, which consists of 13 floors, will offer a total of 128 units, including 60 studios, 29 one-bedroom apartments and 39 two-bedroom apartments, in addition to 8 retail shops.
Binghatti Sapphires will feature a swimming pool, a gymnasium, in addition to covered parking facilities.
It’s located in the master planned Smart City of Dubai Silicon Oasis. The building is centred within walking distance of both the cutting-edge Silicon Park Development, the Dubai Silicon Oasis Authority’s flagship mixed-use community development, and the upcoming Silicon Oasis Mall development.
The Silicon Mall development will feature a LuLu Hypermarket, as well as a cinema, and numerous dining and shopping destinations.
Muhammad BinGhatti, CEO and Head of Architecture at Binghatti Developers said: “Guaranteeing timely delivery of our projects is one of the pillars of Binghatti Developers’ business culture. We are proud to have successfully handed-over more than 2000 units on time over the past 2 years, and we are determined to deliver more than 3000 units before December 2019” BinGhatti added.
Binghatti Developers, the Real Estate development arm of Binghatti Holding, operates throughout the UAE with an investment value constituting AED 3 Billion across a portfolio exceeding 30 projects, including its strategic partnership with Millennium Hotels and Resorts.
The company currently operates in several areas throughout Dubai including Business Bay, Dubai Silicon Oasis, Al Jadaf, Dubai Marina, Jumeirah Village Circle, Liwan, and Dubai Land Residence Complex, in addition to a mega commercial project in Abu Dhabi covering an area of 1 million square feet. The company possesses bold plans for expansion in the coming years, specifically focusing on the growth of its Real-Estate portfolio in Dubai.