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Binghatti Corner in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Binghatti Corner

RoomsSize, sqmSale price, AED/sqmSale price, AED
16415,6841,007,143

Rents in Binghatti Corner

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
1681,17379,438
2174952166,000

The cap rate (rental yield) of investments into Binghatti Corner project is 7.1% on average.

The price of an apartment in Binghatti Corner is 15,684 AED/sqm on average.

The long term rent of an apartment in Binghatti Corner is 1,119 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Binghatti Corner is 1,007,143 AED or 15,684 AED/sqm.

Rent for 1 bedroom apartment in Binghatti Corner is 79,438 AED or 1,173 AED/sqm.
Rent for 2 bedroom apartment in Binghatti Corner is 166,000 AED or 952 AED/sqm.

About Binghatti Corner

'Binghatti Corner' in 'Jumeirah Village Circle' area project description

Binghatti Corner is a unique residential development located in the vibrant community of Jumeirah Village Circle (JVC) in Dubai. Known for its architectural finesse and modern lifestyle offerings, this project stands out as a testament to Binghatti Developers' commitment to delivering high-quality, innovative living spaces. The development features a mix of one and two-bedroom apartments, each designed with meticulous attention to detail and a focus on maximizing space, comfort, and functionality.

The design of Binghatti Corner is characterized by its clean lines and contemporary aesthetic, which seamlessly blends with the dynamic and rapidly evolving landscape of JVC. The exterior façade is marked by a series of geometric patterns and innovative use of materials, contributing to a bold yet harmonious visual appeal. Large windows and spacious balconies offer breathtaking views of the surrounding community and the Dubai skyline, enhancing the living experience by providing ample natural light and outdoor space.

Inside, the apartments at Binghatti Corner are equipped with high-quality finishes, modern fixtures, and state-of-the-art appliances. The open-plan layouts create a sense of fluidity and openness, allowing residents to customize and personalize their living spaces according to their preferences. Kitchens are designed to be both functional and stylish, with sleek cabinetry and premium countertops. Bathrooms feature elegant fittings, ensuring a luxurious and comfortable environment.

Residents of Binghatti Corner benefit from a range of premium amenities designed to enhance their lifestyle. The development includes a well-equipped fitness center, a temperature-controlled swimming pool, and dedicated children’s play areas, ensuring that every family member has access to leisure and recreational activities. Additionally, landscaped gardens and communal spaces provide serene environments for relaxation and social interaction.

The location of Binghatti Corner within Jumeirah Village Circle offers several advantages. JVC is known for its family-friendly atmosphere, balanced mix of retail, dining, and entertainment options, and its connectivity to key areas of Dubai. Residents have easy access to major road networks, such as Al Khail Road and Sheikh Mohammed Bin Zayed Road, facilitating convenient commutes to business districts, shopping malls, and leisure destinations.

Furthermore, the community is in close proximity to schools, healthcare facilities, and parks, ensuring that essential services and amenities are within easy reach. This strategic location, combined with the superior quality and innovative design of the development, makes Binghatti Corner an attractive option for those seeking a modern and convenient lifestyle in one of Dubai’s most sought-after residential areas.

Q&A on Binghatti Corner

What are the advantages of 'Binghatti Corner' project in Dubai for property buyers? What are the disadvantages?

Advantages:
1. Location: Jumeirah Village Circle (JVC) is a central area in Dubai, providing residents with convenient access to major highways like Sheikh Mohammed Bin Zayed Road and Al Khail Road, which connect to key areas such as Downtown Dubai, Dubai Marina, and more.
2. Affordability: Compared to other upscale areas in Dubai, properties in JVC are generally more affordable, making it an attractive option for both investors and first-time homebuyers.
3. Community Amenities: Binghatti Corner, like other developments in JVC, is expected to include a variety of amenities such as parks, schools, fitness centers, and retail outlets to enhance the living experience.
4. Rental Yield: JVC is known for offering attractive rental yields, which can be beneficial for property investors looking for steady rental income.
5. Modern Design: Binghatti projects are recognized for their contemporary architecture and high-quality finishes, appealing to modern buyers seeking aesthetically pleasing living spaces.
6. Developer Reputation: Binghatti Developers have a track record of delivering innovative and quality projects in Dubai, providing an additional layer of trust and reliability for buyers.
7. Family-Friendly Environment: JVC is designed as a family-friendly community with an abundance of green spaces, playgrounds, and community events, fostering a sense of community and belonging.

Disadvantages:
1. Construction Ongoing: JVC is still developing, which can mean ongoing construction activity in some parts of the community, potentially leading to noise and inconvenience for residents.
2. Limited Public Transport: Although JVC is centrally located, it currently has limited access to public transportation options, necessitating reliance on private vehicles or taxis.
3. High Service Charges: Some developments in the area, including potentially Binghatti Corner, might have higher service charges due to the extensive amenities and maintenance required.
4. Market Competition: The real estate market in JVC is competitive, with numerous projects available, which might affect the resale value and rental potential if the market becomes oversaturated.
5. Traffic During Peak Hours: As JVC grows in popularity, the influx of residents and visitors can lead to increased traffic congestion, particularly during peak hours.
6. Future Development Plans: Uncertainty regarding the timeline and completion of future infrastructure and community plans can impact buyers' decisions and experiences.

Buyers should weigh these factors carefully to make an informed decision that aligns with their investment goals and lifestyle preferences.

What projects are better than 'Binghatti Corner' project in Dubai which are located close by, and why?

Five projects in the Jumeirah Village Circle (JVC) area that are often considered superior to the Binghatti Corner project, based on various factors such as amenities, design, and community vibes:

1. FIVE Jumeirah Village:
- Luxury living experience with private pools and Jacuzzis in many apartments.
- World-class amenities, including a high-end spa, fitness center, and multiple dining options.
- Modern architecture with floor-to-ceiling windows offering panoramic views.

2. Belgravia by Ellington:
- High-quality finishes and thoughtful designs such as spacious layouts and contemporary interiors.
- Extensive amenities including a well-equipped gym, swimming pool, children’s play area, and landscaped garden.
- Focus on community living with regular events and a friendly environment.

3. Bloom Towers:
- Twin-tower residential development offering stylish apartments with elegant finishes.
- Comprehensive amenities including a state-of-the-art fitness center, multiple swimming pools, and communal lounges.
- Proximity to major road networks, simplifying commute and accessibility.

4. Reef Residence:
- Spacious apartments with high ceilings and large windows providing ample natural light.
- Rooftop garden offering stunning views of the Dubai skyline.
- On-site retail and dining options enhance convenience and lifestyle.

5. Emirates Garden:
- Variety of studio, 1, and 2-bedroom apartments designed with a Mediterranean theme.
- Comprehensive amenities including fitness centers, swimming pools, and landscaped gardens.
- Strong sense of community with numerous social events and activities.

These projects offer enhanced living experiences through superior amenities, better architectural designs, and more robust community-centric features, making them favorable options compared to Binghatti Corner.

What are the closest schools to 'Binghatti Corner' project in Dubai?

- JSS International School: Located within Jumeirah Village Circle itself, JSS International School is approximately a 5-minute drive from Binghatti Corner.

- Nord Anglia International School Dubai: Situated in Al Barsha, this school is about a 15-20 minute drive from Jumeirah Village Circle.

- Sunmarke School: Located in Jumeirah Village Triangle, Sunmarke School is around a 10-minute drive from Binghatti Corner.

- GEMS United School: Found in Dubai Sports City, it is approximately a 10-15 minute drive from Jumeirah Village Circle.

- Dubai British School: This school is in The Springs, around a 15-minute drive from Binghatti Corner.

- Arcadia School: Positioned in Jumeirah Village Triangle, reachable within a 10-minute drive from Binghatti Corner.

What are the closest medical clinics to 'Binghatti Corner' project in Dubai?

1. Karama Medical Centre - JVC, located at P.O Box 5012, Jumeirah Village Circle, Dubai, UAE.
2. Magnum Family Medical Center, located at Jumeirah Village Circle, Dubai, UAE.
3. Right Health Karama Medical Center, located at Shop 1, Emirates Garden 1, Rose 2, Jumeirah Village Circle, Dubai, UAE.
4. Mediclinic Me’aisem, located at Me'aisem City Centre, Dubai Production City, Dubai, UAE.




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