Binghatti acquires historic Dubai land for a Dh25 billion development project

Binghatti-purchase-aed25-billion-worth-of-land-for-its-project

Binghatti Holding, led by Mohammad Binghatti, has developed a project portfolio exceeding 80 developments with a combined value of over AED 50 billion.

Dubai is witnessing an incredible and transformative shift in its real estate landscape, especially with Binghatti’s purchase of an 8 million square foot plot for development. This remarkable progress reflects the growing popularity and strength of the real estate market in the city.

On 28 May 2025, Binghatti announced the acquisition of 8 million square feet of land for real estate development, which boosted the value of Binghatti Developers and enhanced Dubai’s overall appeal. This move has attracted investors from around the world, further strengthening the city’s position as a global real estate hub.

Another noteworthy aspect is that Binghatti Developers have not disclosed the purchase price of the land, but they did confirm that the acquisition was entirely self-financed.

Why is this acquisition considered historic, and what’s behind the investor enthusiasm?

The most fascinating aspect of this purchase is that Binghatti acquired the 8 million square foot plot in Maydan District; the plot name is Nad Al Sheba 1—a location with a rich history. The land Nad AI Sheba was previously used for the World Cup. Dubai World Cup at Meydan is a premier event blending world-class horse racing with high-end glamour, attracting sports fans and fashion enthusiasts alike. Its historical significance adds even more value to the Nad Al Sheba area.

Binghatti Developers plans to transform the land into a AED 25 billion residential mega project. This ambitious development is expected to secure its place among Dubai’s most significant real estate projects.

On this land, Mohammad Binghatti, the owner of Binghatti Holding, aims to create an ultra-luxurious development that is closely connected to nature. The Nad Al Sheba 1–Meydan district is ideally located, offering easy access to Downtown Dubai, DIFC, and major highways, making it highly advantageous.

Binghatti is not undertaking this project alone. For this iconic development, the company has partnered with prestigious global brands such as Bugatti, Mercedes-Benz, and Jacob & Co. These collaborations reflect a bold and visionary approach that is expected to pay off significantly in the future.

As part of the master plan, Binghatti Developers will build approximately 20,000 residential units in a prime location, close to some of Dubai’s most renowned areas like Business Bay and Downtown Dubai. This strategic positioning, combined with luxury brand partnerships, sets the stage around the world for a landmark community that is expected to attract high-end buyers and investors.

This kind of visionary real estate development in Dubai is poised to elevate the city’s property market to an entirely new level on the global stage. Projects like Binghatti’s AED 25 billion master plan, backed by world-renowned luxury brands and strategically located near iconic areas, are setting new benchmarks in design, innovation, and lifestyle.

Such developments not only boost investor confidence but also redefine urban living standards, making Dubai a model for modern real estate worldwide. As a result, Dubai’s real estate market is quickly becoming a global reference point for excellence, luxury, and long-term investment potential.

High-profile personalities such as international football star Neymar Jr. and renowned opera legend Andrea Bocelli are among the exclusive clientele of Binghatti. Their association with the brand highlights the developer’s strong reputation for delivering ultra-luxurious, world-class properties.

Attracting such globally recognized figures reflects the level of prestige, quality, and innovation that Binghatti brings to the real estate market. It also reinforces the company’s position as a key player in shaping Dubai’s image as a premier destination for high-end living and elite investment opportunities.

FAQs

Are Binghatti properties worth investing in within the Dubai market?

Yes, investing in Binghatti properties is seen as a smart choice in Dubai’s real estate market. Their projects are known for prime locations, iconic architectural designs, and collaborations with prestigious global brands like Bugatti and Mercedes-Benz. These factors contribute to strong rental returns and promising capital growth potential.

What’s included in Binghatti’s ambitious Dh25 billion development?

Binghatti’s Dh25 billion project is a massive residential master development launched in 2025, located in Nad Al Sheba. Spanning 8 million square feet, the project is designed to set new standards in luxury living by focusing on wellness, advanced smart technology, and a prime location.

Conclusion

Mohammad Binghatti’s visionary project in Nad Al Sheba, spanning 8 million square feet and valued at AED 25 billion, is more than just a real estate development—it represents a significant step toward achieving Dubai’s 2040 Urban Master Plan. This ambitious initiative aligns with the city’s long-term vision of creating a more inclusive, sustainable, and people-centric urban environment. The project aims to offer not only luxurious living spaces but also a lifestyle that promotes well-being, happiness, and accessibility for all. By integrating innovation, nature, and world-class infrastructure, it empowers residents and contributes to building a more connected and vibrant community, ultimately supporting Dubai’s goal of becoming one of the best cities in the world to live and thrive in.

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