Business Bay
Just a few minutes away from Downtown Dubai area, Business Bay is emerging as an upscale business/residential district exceeding expectations set up for Dubai’s most prominent business hub. This community is known for its many globally renowned hotels, fine dining restaurants, rich nightlife scene, long serene canal walk as well as outstanding sought after residential properties.
The entire development covers an area of 46,900,000 sq ft (4,360,000 m2), and the gross leasable area is 78,500,000 sq ft (7,290,000 m2). The projected population of the entire development is more than 191,000, and the estimated population of employers and others is 110,000, making the total population more than 300,000. Commercial development will comprise 2,653,244 sq ft (246,494.4 m2), which is 18.5 percent of the entire development; mixed use development will comprise 8,520,368 sq ft (59.4 percent); and residential development will cover 3,163,628 sq ft (22.1 percent). Business Bay will cost AED 110 billion (USD 30 billion).
Binghatti
Binghatti Holding is an international investment holding company headquartered in Dubai International Financial Centre (DIFC). The company focuses on high-growth potential projects in the real estate, hospitality, education, industrial, construction and FMCG sectors. Empowered by mercantile experience since 1875, the brand seeks to redefine the norms of the region by delivering reasonably priced high quality products in a timely manner.
Binghatti Developers, the real estate development branch of Binghatti Holding operates throughout the UAE with a value of more than AED 3 Billion and 30 projects, including the AED 1 Billion Swarovski Sparkle Towers in Dubai Marina. The company currently operates in several areas throughout Dubai including Dubai Silicon Oasis, Dubai Marina, Jumeirah Village Circle, Liwan, Dubai Land Residence Complex and Business Bay.