Trillionaire Residences by Binghatti in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Trillionaire Residences by Binghatti

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	52	27,350	1,416,028
1	57	35,361	2,000,000
2	123	26,931	3,325,000

Rents in Trillionaire Residences by Binghatti

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	51	1,888	96,056
1	56	1,964	110,000
2	128	1,797	230,000

The cap rate (rental yield) of investments into Trillionaire Residences by Binghatti project is 6.4% on average.

The price of an apartment in Trillionaire Residences by Binghatti is 28,765 AED/sqm on average.

The long term rent of an apartment in Trillionaire Residences by Binghatti is 1,854 AED/sqm/year on average.

Price for completed Studio apartment in Trillionaire Residences by Binghatti is 1,416,028 AED or 27,350 AED/sqm.
Price for completed 1 bedroom apartment in Trillionaire Residences by Binghatti is 2,000,000 AED or 35,361 AED/sqm.
Price for completed 2 bedroom apartment in Trillionaire Residences by Binghatti is 3,325,000 AED or 26,931 AED/sqm.

Rent for Studio apartment in Trillionaire Residences by Binghatti is 96,056 AED or 1,888 AED/sqm.
Rent for 1 bedroom apartment in Trillionaire Residences by Binghatti is 110,000 AED or 1,964 AED/sqm.
Rent for 2 bedroom apartment in Trillionaire Residences by Binghatti is 230,000 AED or 1,797 AED/sqm.

About Trillionaire Residences by Binghatti

'Trillionaire Residences by Binghatti' in 'Business Bay' area project description

Trillionaire Residences by Binghatti is an opulent real estate development located in the bustling Business Bay area of Dubai, known for its prime location and vibrant urban lifestyle. This exclusive project seeks to redefine luxury living, offering a unique blend of architectural innovation, elegant design, and world-class amenities.

The tower itself is an architectural marvel, featuring a striking facade that combines contemporary aesthetics with traditional elements. Captivating glass exteriors and sharp geometric lines create an iconic silhouette against the city skyline, making it an impressive addition to Dubai's already remarkable architecture. The design philosophy of Trillionaire Residences focuses on harmony and balance, ensuring that each living space is a sanctuary of tranquility amidst the dynamic surroundings.

Inside, the residences exude sophistication and luxury, meticulously crafted with high-quality materials and finishes. From the open-plan living areas to the designer kitchens equipped with state-of-the-art appliances, every detail is thoughtfully integrated to enhance comfort and style. Floor-to-ceiling windows not only flood the interiors with natural light but also offer panoramic views of the Dubai Canal, the Burj Khalifa, and the cityscape beyond, creating a seamless connection between indoor and outdoor spaces.

Trillionaire Residences by Binghatti also boasts an impressive array of amenities designed to cater to the diverse needs of its residents. A fully equipped fitness center, an infinity-edge swimming pool, and a spa offer ample opportunities for relaxation and wellness. For those who enjoy socializing, elegantly designed communal spaces such as lounges and rooftop terraces provide the perfect setting to entertain guests or unwind with neighbors. Additionally, concierge services and 24-hour security ensure a convenient and secure living experience.

The prime location of Trillionaire Residences in Business Bay further enhances its appeal. Situated in one of Dubai’s most dynamic business and leisure districts, residents have easy access to a wide range of retail, dining, and entertainment options. The proximity to major landmarks such as Downtown Dubai, Dubai Mall, and Sheikh Zayed Road ensures excellent connectivity, making it an ideal choice for professionals and families alike.

In line with Dubai’s vision for sustainable development, the project incorporates various eco-friendly features, including energy-efficient systems and green spaces that promote a healthier lifestyle. This commitment to sustainability not only benefits the environment but also adds long-term value to the property.

Overall, Trillionaire Residences by Binghatti represents a benchmark in luxury urban living, combining exceptional design, unparalleled amenities, and a strategic location to offer an extraordinary residential experience in the heart of Dubai.

Q&A on Trillionaire Residences by Binghatti

Description of 'Trillionaire Residences by Binghatti' project in Dubai for real estate buyers and renters

Trillionaire Residences by Binghatti is a prestigious and innovative residential project set in the heart of Business Bay, Dubai. This project exemplifies a fusion of luxury, modernity, and exceptional architectural design, catering to the tastes of discerning investors and residents.

The development is strategically located in Business Bay, a vibrant business and residential hub that offers panoramic views of the iconic Dubai skyline, the Dubai Canal, and the majestic Burj Khalifa. The area is renowned for its dynamic environment, upscale lifestyle, and proximity to major landmarks such as Downtown Dubai, Dubai Mall, and Dubai International Airport.

Trillionaire Residences is designed to redefine luxury living, with architecture that boasts contemporary elegance and cutting-edge design principles. The project comprises a mix of luxurious apartments, designed with meticulous attention to detail. Each unit offers spacious living areas, high ceilings, and floor-to-ceiling windows that maximize natural light and offer stunning views of the cityscape. The interiors are adorned with top-tier finishes, premium materials, and a palette that exudes sophistication.

Residents of Trillionaire Residences will have access to a suite of world-class amenities designed to enhance comfort and lifestyle. These include a state-of-the-art fitness center, an infinity swimming pool, spa facilities, and dedicated spaces for relaxation and recreation. The property also features beautifully landscaped gardens and communal areas that provide a serene escape from the city's hustle and bustle.

Security and convenience are paramount at Trillionaire Residences. The development is equipped with advanced security systems, 24-hour concierge services, and ample parking spaces for residents and visitors. Additionally, the project incorporates smart home technologies, allowing residents to control various aspects of their home environment through their smartphones.

Business Bay is known for its excellent connectivity and accessibility, and Trillionaire Residences is no exception. The development is well-connected to major road networks, including Sheikh Zayed Road and Al Khail Road, making it easy for residents to commute to other parts of Dubai. The area is also served by public transportation, including the Dubai Metro, which further enhances its accessibility.

The project stands as a testament to Binghatti's commitment to quality, innovation, and luxury. With its prime location, exceptional design, and comprehensive range of amenities, Trillionaire Residences by Binghatti offers an unparalleled living experience in one of Dubai’s most sought-after addresses. This project is poised to attract both investors looking for high returns and end-users seeking a distinctive and opulent lifestyle.

What are the advantages of 'Trillionaire Residences by Binghatti' project in Dubai for property buyers? What are the disadvantages?

Advantages:

1. Prime Location: Situated in Business Bay, one of Dubai's most sought-after business hubs, offering easy access to key commercial districts and major highways.
2. Luxury Amenities: Trillionaire Residences typically includes high-end amenities such as swimming pools, fitness centers, spas, and concierge services, catering to those seeking a luxurious lifestyle.
3. High Investment Potential: With its prestigious developer, Binghatti, and the high demand in Business Bay, the project is likely to offer good capital appreciation and rental yields.
4. Modern Design: The residences are designed with a contemporary aesthetic, ensuring stylish and functional living spaces.
5. Proximity to Attractions: Close to major attractions like the Burj Khalifa, Dubai Mall, and various dining and entertainment options.
6. Waterfront Views: Many units offer stunning views of the Dubai Canal, enhancing the living experience.

Disadvantages:

1. High Cost: The luxury and exclusivity of the project come with a higher price point, which may not be affordable for all buyers.
2. Construction Phase Risks: As with any new project, there are risks related to construction delays or changes in the project's scope.
3. Traffic Congestion: Business Bay is a bustling area, which can lead to higher traffic during peak hours.
4. Noise Pollution: The area's vibrant business activities may result in elevated noise levels, which could affect some residents.
5. Service Charges: High-end amenities and maintenance can result in substantial service charges, which buyers need to factor into their budget.
6. Market Volatility: The luxury real estate market can be volatile, influenced by broader economic factors, which might affect property values.

Overall, Trillionaire Residences offers an appealing package for those seeking luxury and high investment potential, but it comes with considerations that buyers should evaluate carefully.

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

* Volante Tower: Offers ultra-luxury apartments with premium amenities, unparalleled views of the Dubai Canal and Burj Khalifa, and only two residences per floor, ensuring maximum privacy and exclusivity.

* The Opus by Omniyat: Designed by the legendary architect Zaha Hadid, this iconic mixed-use building combines stunning architecture with high-end residences, cutting-edge office spaces, and a design-centric hotel, providing a unique living experience.

* Aykon City: Developed by DAMAC, this multi-tower project features luxurious residences, premium office spaces, retail units, and a hotel, all offering breathtaking views of the Dubai Canal and surrounding skyline, with access to world-class amenities.

* Noora Tower at Al Habtoor City: Part of a trio of luxury residential towers, Noora offers spacious apartments with high-end finishes, access to the La Perle Dragone show, a marina promenade, multiple fine dining options, and recreational facilities.

* The Sterling by Omniyat: Known for its sleek architectural design, this project offers residences with luxurious interiors, proximity to The Dubai Mall, and access to a range of amenities including swimming pools, a gym, and landscaped gardens.

* Paramount Tower Hotel & Residences: Combining the glamour of Hollywood with Dubai’s high standards of luxury, this project includes both hotel rooms and private residences, all with premium finishing and access to exclusive amenities like a rooftop infinity pool, a spa, and gourmet dining options.

* Executive Towers: A well-established development offering a range of residential units, complemented by a large retail space below known as Bay Avenue, extensive amenities, and direct access to the Dubai Metro via an air-conditioned walkway.

What are the closest schools to 'Trillionaire Residences by Binghatti' project in Dubai?

- North London Collegiate School Dubai - Located in Nad Al Sheba, approximately 15-20 minutes drive from Business Bay.
- Hartland International School - Situated in Mohammed Bin Rashid City, around 10-15 minutes away by car.
- Kings' School Al Barsha - Located in Al Barsha, roughly 20-25 minutes drive from the Business Bay area.
- The Indian High School (Senior Campus) - Located in Oud Metha, Dubai, about 15-20 minutes drive away.
- Gems Wellington Primary School - Situated in Al Satwa, around a 10-minute drive from Business Bay.

What are the closest medical clinics to 'Trillionaire Residences by Binghatti' project in Dubai?

- Emirates Hospital Clinic - Business Bay: Located in Executive Towers, Business Bay.
- Aster Clinic - Business Bay: Found at Bay Avenue, Executive Towers, Business Bay.
- Mediclinic Dubai Mall: Positioned in The Dubai Mall, Downtown Dubai.
- Omniyati Medical Centre: Located at Al Abraj Street, Business Bay.
- Medcare Medical Centre: Based in The Oberoi Centre, Business Bay.