Off plan project guide, Business Bay
Binghatti Skyriseby Binghatti, Dubai
Binghatti Skyrise is a three tower apartment project by Binghatti in Business Bay, Dubai, close to the Dubai Water Canal and Downtown. Its 3,302 homes are mostly studios and one bedroom apartments, with a small number of two and three bedroom units.
Video from the developer
Binghatti Skyrise - Redefining Luxury Living In Business Bay
Binghatti Skyrise - Project Update - September 2026
What buyers actually paid
Sales registered with the Dubai Land Department, 2025-09 to 2026-09.
- Sales in 12 months
- 467
- Starting price
- AED 975K
- Median per sq ft
- AED 2,998
Share of the DLD registered sales in the last 12 months.
| Home | Sales | From | Median size | Per sq ft |
|---|---|---|---|---|
| Studio | 294 | AED 975K | 449 sq ft | AED 3,063 |
| 1 bedroom | 139 | AED 1.7M | 830 sq ft | AED 2,877 |
| 2 bedroom | 13 | AED 2.5M | 1,407 sq ft | AED 3,020 |
| 3 bedroom | 18 | AED 3.3M | 1,921 sq ft | AED 2,711 |
Starting prices from the developer: Binghatti launch price.
Price per sq ft, registered sales by quarter
2025 Q2 → 2026 Q3: -5%
AED per sq ft, median of registered sales in each quarter (quarters with at least 10 sales).
About Binghatti Skyrise
Binghatti launched Skyrise in October 2024 with a stated value of AED 5 billion, calling it one of the last large residential plots left in Business Bay. A second sales phase was unveiled in November 2024 at an event beneath the Pyramids of Giza, aimed at Egyptian buyers, who are among Binghatti's largest groups of international clients. Propsearch reports that half the project sold within a day of launch.
The design is easy to recognise: three towers, each with 48 residential floors above a five level podium, topped by faceted diamond shaped crowns. Altogether the towers hold 3,302 homes and 31 shops. The mix leans strongly towards compact units, and studios made up the majority of registered sales in the last year, so the project mainly suits investors and single professionals who want a Business Bay address at a lower ticket size.
The podium holds the shared facilities: more than 15 amenities at launch, including pools, a private golf area, tennis courts, a gym, a children's water park and yoga spaces, plus 31 shops at ground level. Several parks, Bay Avenue and the Renaissance hotel are within walking distance. If you want more space, note that two and three bedroom apartments are rare here, so good ones are worth reserving early.
Key facts
- Developer
- Binghatti
- Location
- Business Bay, near the Dubai Water Canal
- Launch date
- October 2024
- Launch price
- From AED 975,000 for a studio, AED 1.65 million for 1 bedroom, AED 2.5 million for 2 bedroom and AED 3.25 million for 3 bedroom (Binghatti launch price)
- Expected delivery
- Q4 2026 (Binghatti project page, checked October 2026)
- Towers and floors
- 3 towers, each with 48 residential floors over a 5 level podium and 4 basements
- Number of homes
- 3,302 apartments (2,256 studios, 996 one bedroom, 24 two bedroom, 26 three bedroom) and 31 shops (Binghatti fact sheet)
- Home types
- Studios, 1, 2 and 3 bedroom apartments
- Project value
- AED 5 billion (announced October 2024)
Home types and sizes
- Studioabout 422 to 477 sq ft
- 1 bedroom apartmentabout 761 to 1,022 sq ft
- 2 bedroom apartmentabout 1,277 to 1,667 sq ft
- 3 bedroom apartmentabout 1,785 to 2,272 sq ft
Amenities
- Swimming pools on the podium deck
- Private golf area
- Tennis court
- Fully equipped gym
- Children's water park
- Yoga and relaxation areas
- Jogging track
- About 31 retail shops at ground level
Location
Skyrise stands in the heart of Business Bay, a short walk from Bay Avenue and the Business Bay parks and a few minutes by car from Downtown Dubai, DIFC and Dubai Design District.
- Business Bay South Parkabout 0.4 km
- Bay Avenue Mall and Parkabout 1.2 km
- Dubai Mallabout 10 minutes by car
- Burj Al Arababout 17 minutes by car
- Palm Jumeirahabout 18 minutes by car
- Dubai International Airportabout 18 minutes by car
Binghatti Skyrise
Questions buyers ask
When will Binghatti Skyrise be delivered?+
Binghatti lists delivery for Q4 2026 and Propsearch gives December 2026 as the estimated completion. We confirm the handover window for your tower with the developer.
Why do the towers have diamond shaped tops?+
The crowns are the signature of the design: each of the three towers ends in a faceted, diamond shaped top, which makes the project easy to recognise on the Business Bay skyline.
What do apartments at Skyrise sell for?+
Dubai Land Department records show 467 registered sales in the 12 months to September 2026, all off plan, with a median price of about AED 1.54 million. Studios, the most traded type, had a median of about AED 1.4 million at about AED 3,063 per sq ft.
Are the apartments furnished?+
According to Binghatti, most apartments in Skyrise are delivered unfurnished.
Is Skyrise right for families?+
It can be, but family sized homes are scarce: two and three bedroom apartments accounted for only 31 of the 467 sales in the last year. Most buyers here are investors or singles choosing studios and one bedroom units.
DLD advertising permits
Each project we advertise in Binghatti Skyrise has its own Dubai Land Department permit. Scan a code to verify it.
EQT Real Estate L.L.C
Binghatti Skyrise
Permit No. 0973483991
Sources: Dubai Land Department open data (registered sales), analysed by EQT. Binghatti: Binghatti Skyrise official project page, Binghatti press release: Skyrise second phase launch at the Giza Pyramids (November 2024), Binghatti launches AED 5 billion Skyrise project (Newsfile, October 2024), Propsearch: Binghatti Skyrise (sizes, drive times), Binghatti brochure, fact sheet and floor plans (developer documents, October 2026). Figures are medians of registered transactions and are not an offer.