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1 Bedroom 94.9 m2 | Binghatti Skyrise, Business Bay | $869,997
Spacious apartment of 94.9 m2 in the Binghatti Skyrise project in Business Bay - one of the central business and residential areas of Dubai.
The apartment is located on the 3rd floor, has a balcony, clean finish and urban view. The object card indicates the main combined and additional separate bathroom.
About the project
Binghatti Skyrise is a large-scale project of three towers, including about 3,300 residences. In the residential part there are studios and apartments with 1-3 bedrooms. The project is located next to the Dubai Canal, and from the complex declared open views in the direction of the Burj Khalifa and the canal. The completion date is the IV quarter of 2027.
The architecture of the project is well illustrated by pages 10–14 of the presentation: three high-rise towers are united by a common podium part, and on page 12 you can see the location of the complex relative to the Dubai Canal and Downtown.
Infrastructure
One of the strengths of the project is the scale of the internal infrastructure:
Page 16 shows a large resort area with a pool and landscaping between the towers.
Business Bay
The main argument of this object is the central location.
Based on project materials:
5 minutes - Dubai Mall
7 minutes - subway station
8 minutes - Burj Khalifa
8 minutes - Downtown Dubai
15 minutes - Dubai Marina
15 minutes at Dubai International Airport.
The complex is located next to the Dubai Canal, combining access to the Business Bay business infrastructure with a waterfront environment.
Conditions of purchase
The cost of a particular apartment is $869,997.
Standard payment plan - 70/30:
20% + 4% DLD – down payment;
50% during the construction period;
30% at the end of the project.
The project materials state the planned ROI when renting 7-10% per annum, depending on the strategy. This is a project forecast, the actual profitability of a particular apartment may differ.
