Dubai’s property market is witnessing a notable surge as Binghatti Holding Ltd, one of the UAE’s leading developers, reports exceptional performance for 2025. With nearly 12,000 residential units sold and 13 new project launches valued at Dh12.28 billion, the company is emerging as a key player in Dubai’s mid-luxury housing segment.
Strong Sales Across Mid-Luxury Segment
Binghatti has dominated the sub-Dh2 million segment, leading in unit sales volume, according to market analytics firm DXB Interact. The developer’s recent launches now include over 8,200 residential units, spanning more than 6.2 million square feet of sellable area. Seven projects were completed in 2025, representing more than 20% of new project completions in Dubai year-to-date, per Property Monitor data.
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Highlighting Signature Developments: Flare 01 and 02
Among the standout developments are Flare 01 and Flare 02, unveiled in July at Jumeirah Village Triangle. These architecturally distinctive towers attracted buyers rapidly, with around 95% of units sold within the first 90 days. Flare 01 consists of 844 units over 746,386 sq ft., valued at Dh1.24 billion, while Flare 02 offers 613 units across 539,812 sq ft., with a GDV of Dh915 million.
Expanding Portfolio and Strategic Partnerships
Binghatti’s portfolio now includes 38,000 units under development across 38 prime Dubai locations, such as Downtown Dubai, Business Bay, Jumeirah Village Circle, and Meydan. The company continues to expand its branded residences, collaborating with global luxury names including Bugatti, Mercedes-Benz, and Jacob & Co.
Dubai’s Mid-Luxury Market Momentum
The robust sales figures underline strong demand for mid-luxury residential units priced between Dh1 million and Dh3 million. As Dubai continues to attract both local and international buyers, developers like Binghatti are positioning themselves to meet this growing appetite with well-timed project deliveries and innovative offerings.
