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Binghatti · Nad Al Sheba
Binghatti Vision Iconic by Binghatti
One to five bedroom apartments and duplexes at the centre of Binghatti City, Nad Al Sheba, on a 5 per cent deposit.
At the entry price this project clears the AED 2 million line for the 10 year Dubai Golden Visa through property. Joint buyers, check the share rule.
My take on Binghatti Vision Iconic
Vision Iconic is the centrepiece of Binghatti City and the structure is the interesting part. Five per cent to book, 35 per cent through the build and 60 per cent on handover in September 2028. That is the lowest entry cash of any apartment on this site.
What a 5 per cent deposit really buys you is optionality. On AED 2.25 million you are committing about AED 112,500 plus the 4 per cent Dubai Land Department fee to hold a unit for three years. If the market moves your way you have leverage that few buy to let markets offer. If it moves against you, the 60 per cent sitting on the handover date is the part that hurts, and you should be sure of your funding for that before you sign anything.
I would not buy this one on the assumption of assigning before completion. Plenty of people will, and the resale market in 2028 will tell you how that went. Buy it because you want to own it.
Who it suits
- Buyers who want the lowest possible cash to secure a unit
- Investors confident about funding a large handover payment
- Anyone who wants the landmark building in a masterplan
What to weigh up
- Sixty per cent falls due on the handover date, which is the real commitment
- Unit sizes are not yet published
- A 5 per cent deposit attracts speculative buyers, which can crowd resale at handover
Key details
- Apartments and duplexes, sizes released with the price list
- Launched from AED 2.25 million
- 5% on booking, 35% during construction, 60% on handover
- Handover expected in September 2028
- Freehold, so overseas buyers can own in their own name
Gallery
Developer illustrations.
Layouts and sizes
| Home | Size |
|---|---|
| 1 bed home | Released with the price list |
| 2 bed home | Released with the price list |
| 3 bed home | Released with the price list |
| 4 bed home | Released with the price list |
| 5 bed home | Released with the price list |
Prices start at AED 2.25 million for the smallest layout. I send the current price list layout by layout, because the published figures move and the headline price only ever buys the entry unit.
The 5/35/60 payment plan
Paid at reservation.
Paid in instalments through the build.
Due at completion, expected in September 2028.
A 4% Dubai Land Department fee is paid alongside the deposit. On AED 2.25 million that is AED 90,000. How payment plans work.
Amenities
- Swimming pools
- Gym
- Concierge
- Retail at Binghatti City
- Parks
- Minutes from Meydan
About Binghatti
Binghatti is an Emirati family developer that has become one of the fastest building names in Dubai, with more than 80 projects started since 2014 and a run of branded towers with Bugatti, Mercedes-Benz and Jacob & Co. It builds mid rise and high rise apartments in the districts investors actually rent out, rather than villa masterplans.
Binghatti Vision Iconic questions
What is the starting price at Binghatti Vision Iconic?
Binghatti Vision Iconic starts from about £463,000 (AED 2.25 million). That is the entry price for the smallest layout and all homes are subject to availability.
When will Binghatti Vision Iconic be completed?
Handover is currently expected in September 2028.
What is the payment plan at Binghatti Vision Iconic?
The plan is 5/35/60: 5% on booking, 35% during construction and 60% on handover.
Where is Binghatti Vision Iconic?
It is in Nad Al Sheba, Dubai. The project sits inside Binghatti City.
Can overseas investors buy at Binghatti Vision Iconic?
Yes. It is in a freehold area, so foreign nationals can own in their own name, with no residency and no local partner. The whole purchase can be completed remotely.
