Binghatti Holding (commonly known as Binghatti) is a private Emirati real estate development company headquartered in Dubai, United Arab Emirates. Founded in 2008 by Hussain Binghatti, the company operates in real estate, hospitality, and construction sectors.
Binghatti was founded by Hussain Binghatti, Muhammad Binghatti and Ahmed Binghatti in 2008.
The company has established real estate projects in Business Bay, Al Jaddaf, Downtown Dubai, Dubai Silicon Oasis, Jumeirah Village Circle, Liwan, and Dubai Residential Complex with an investment value of more than DH 40 billion.
History
Founded in 2008, Binghatti has grown to establish numerous residential and commercial projects within Dubai. The company is noted for its architectural designs and partnerships with luxury brands.
n 2014, Binghatti entered into an undisclosed deal to sell Binghatti Terraces, a mid-rise tower in Dubai Silicon Oasis to Emirates Real Estate Fund which is managed by the Emirates NBD.
In 2018, Binghatti completed an agreement with Izdihar Real-Estate Fund valued at AED 200 million ($54.4m), a fund managed by the Bank of Muscat to acquire two residential towers in Dubai Silicon Oasis; Binghatti Vista and Binghatti Sapphires.
In 2021, Binghatti completed a deal with a Saudi food company, Almarai valued at AED 215 million ($58.54m), the deal comprises the acquisition of Binghatti Beverages Manufacturing Facility located in Khalifa Industrial Zone, Abu Dhabi.