Experienced real estate investors recognise that location holds the greatest significance when analysing emerging markets for investment. It is vital to examine the region’s commitment to and progress towards sustainability.
Dubai’s skyline is set to welcome a new architectural landmark with the introduction of Binghatti Royale, a $600 million (AED 2.2 billion) residential project in Jumeirah Village Circle. Renowned for its iconic designs and swift project sell-outs, Binghatti, the esteemed Dubai-based property developer, has introduced this ambitious venture to meet the growing demand for premium residential properties in the area.
A Dynamic Vision for JVC
Binghatti Royale stands as a landmark addition to Jumeirah Village Circle (JVC), redefining standards for upscale urban living. Featuring 354 elegantly crafted residential units, ranging from one to three-bedroom apartments, and 16 retail spaces within a striking 47-storey tower, the development is designed to deliver an exceptional lifestyle experience for its residents.
Currently under construction, Binghatti Royale is slated for handover in the early part of the second half of 2025. Given its prime location and exceptional quality, the development is expected to generate significant demand, reflecting the success of previous Binghatti projects, where units were sold out within 24 hours of launch.
Remarkable Market Growth in JVC
The real estate market in Jumeirah Village Circle has experienced notable growth, highlighting the area’s growing appeal for property buyers promising lucrative returns. Over the past three years, the median property price in JVC has increased by 22%, now reaching AED 785,000. More significantly, the median price per square foot has risen by 28%, currently standing at AED 1,140. This upward trajectory reflects the sustained demand for properties in the area, driven by its prime location and comprehensive range of amenities.
Equally noteworthy is the dramatic increase in transaction volume, which has surged by 367%, reaching an impressive 32,643 transactions. This remarkable growth underscores JVC’s position as a dynamic and highly sought-after residential community, further solidifying it as an ideal location for Binghatti Royale.
Redefining Luxury Living
Binghatti Royale promises an exceptional living experience, with an array of amenities that cater to the highest standards. The development includes an infinity pool offering panoramic views of the city’s skyline, private suite pools for enhanced privacy, and a dedicated children’s pool. For those focused on fitness, an outdoor gym is available, while residents can enjoy well-appointed social spaces, featuring a juice bar and al fresco dining areas, all set within meticulously landscaped surroundings.
In addition, the development is designed to encourage a strong sense of community, with multi-purpose lawns ideal for picnics, along with paddle and tennis courts for recreational activities under the Dubai sun. Binghatti Royale offers not just a place to reside, but a lifestyle where residents can truly flourish.
Binghatti’s proven track record in creating vibrant, thriving communities across Dubai speaks for itself. With each project setting new standards in luxury and functionality, Binghatti Royale is primed to uphold this legacy.
More than just a property investment, Binghatti Royale offers access to a lifestyle defined by both elegance and convenience. It is not merely about the physical space, but about creating environments that promise a fulfilling life in one of the world’s most dynamic cities.
Whether you’re looking for a new home or a sound investment, At One Investments, we specialise in offering Dubai properties that seamlessly blend modern luxury with exceptional investment potential. Give us a call today and secure your future investment.
