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Binghatti · Al Jaddaf
Binghatti Wraith by Binghatti
Studios to three bedroom apartments of 341 to 2,574 square feet in Al Jaddaf, a short drive from Downtown and the Creek.
My take on Binghatti Wraith
Al Jaddaf is one of the most underrated rental locations in Dubai. It sits on the creek between Downtown and Dubai Festival City, it has a metro station, and it is close enough to the DIFC and Healthcare City employment centres that tenants will pay to shorten the commute.
Wraith is on the straight 50 per cent at booking, 50 per cent at handover structure. December 2027 handover. For a unit on the creek at AED 1.3 million that is a reasonable place to be, and the three bedroom layouts at 2,574 square feet are the kind of stock that lets to families who want the location rather than the square footage.
Binghatti Starfall, also in Al Jaddaf, is already on this site. If you are weighing the two, Starfall is the newer release and Wraith is the one with the earlier handover.
Who it suits
- Investors who want a creekside location without Creek Harbour pricing
- Buyers who value metro access
- Anyone letting to DIFC or Healthcare City workers
What to weigh up
- Fifty per cent at booking is heavy
- Developer stock is sold out, so this trades on resale
- Al Jaddaf is a mixed district, so the building and the outlook matter
Key details
- Apartments of 341 to 2,574 sq ft
- Launched from AED 1.3 million
- 50% on booking, 50% on handover
- Handover expected in December 2027
- Freehold, so overseas buyers can own in their own name
- Developer allocation sold out, so units trade on the resale market
Gallery
Developer illustrations.
Layouts and sizes
| Home | Size |
|---|---|
| Studio apartment | 341 to 459 sq ft |
| 1 bed apartment | 665 to 1,436 sq ft |
| 2 bed apartment | 1,114 to 1,996 sq ft |
| 3 bed apartment | 2,574 sq ft |
Prices start at AED 1.3 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 50/50 payment plan
Paid at reservation.
Due at completion, expected in December 2027.
A 4% Dubai Land Department fee is paid alongside the deposit. On AED 1.3 million that is AED 52,000. How payment plans work.
Amenities
- Creek frontage nearby
- Metro station
- Pools
- Gym
- Close to Dubai Festival City
- Healthcare City nearby
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 Wraith questions
What is the starting price at Binghatti Wraith?
Binghatti Wraith starts from about £267,000 (AED 1.3 million). That is the entry price for the smallest layout and all homes are subject to availability.
When will Binghatti Wraith be completed?
Handover is currently expected in December 2027.
What is the payment plan at Binghatti Wraith?
The plan is 50/50: 50% on booking and 50% on handover.
Where is Binghatti Wraith?
It is in Al Jaddaf, Dubai.
Is Binghatti Wraith sold out?
The developer allocation has sold out, so units now trade on the resale market, where you buy the contract from an existing buyer. I can tell you what is actually available and what it is trading at.
Can overseas investors buy at Binghatti Wraith?
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.
