Binghatti Development Dubai: Inside the Legacy Deal Powering a Dh25B Vision in Nad Al Sheba

Dubai’s property landscape is witnessing yet another milestone with the announcement of a new Binghatti development in Dubai. In what is being described as a transformative move for the Dubai real estate market, this bold acquisition is not only a testament to the developer’s rapid growth, but has quickly become a major talking point in Dubai real estate news, reinforcing Binghatti’s growing influence in the property market.

But what makes this project truly unique,and why is everyone watching? Let’s take a closer look.

Binghatti’s 8M Sq. Ft. Mega Project Set to Transform Dubai Living

In a bold move that marks a turning point for the Dubai property scene, Binghatti has finalized a legacy land acquisition in Nad Al Sheba, a site known for its historic significance as the former home of the Dubai World Cup. The developer plans to transform this iconic plot into a AED 25 billion residential mega project, set to become one of the most ambitious master-planned communities in the city.

This high-profile land spans approximately 8 million square feet and sets the foundation for one of the largest master-planned residential communities in the city. This is not just a land deal; it’s a strategic step that signals Binghatti's serious intent to reshape Dubai’s residential market at scale.

“The land is set to be used for what would be the company’s first large-scale master-planned residential community in the emirate,” said the developer.

Perfectly located in Nad Al Sheba 1, part of the Meydan district, the newly announced Binghatti project benefits from a strategic position with convenient access to Downtown Dubai, DIFC, and major highways. 

This area has gained increasing interest from investors and end-users alike, reinforcing its potential within the Dubai property market. As one of the city’s largest master-planned communities under development, this project is positioned to become a mega project in Dubai, combining scale, connectivity, and investment appeal.

Binghatti’s Strong Footprint in Dubai’s Property Market

This project isn’t happening in isolation. Binghatti’s growth has been fueled by strategic collaborations with world-renowned brands like Bugatti, Mercedes-Benz, and Jacob & Co, producing some of the most iconic branded residences in the region. Currently developing over 20,000 units across key areas like Downtown and Business Bay, Binghatti is not just building homes; it’s building landmarks. The Nad Al Sheba masterplan is a natural evolution of the brand’s commitment to innovation and excellence.

Commenting on the launch, Muhammad BinGhatti, Chairman of Binghatti Holding, stated:
“The acquisition of a mega plot for what is expected to be our first master-planned development marks a pivotal moment in Binghatti’s growth journey. The planned new mega project would build on the strong momentum of our vertically integrated model, which has consistently enabled us to deliver distinctive, high-quality properties ahead of schedule. Our solid financial foundation has allowed us to self-fund the acquisition of the land for what is expected to be a transformative project that will set a new benchmark for integrated living in Dubai.”

This development underscores a major shift in how developers approach master communities in Dubai. With its scale, location, and integrated wellness approach, Binghatti’s new project could very well set the standard for future developments in the city. For investors and end-users alike, this is a rare opportunity to be part of a vision that’s reshaping the future of living in Dubai.