Binghatti to launch $109m project on Dubai Water Canal
UAE-based Binghatti Developers is set launch the $109m Millennium Binghatti Residences on Dubai’s Water Canal in Business Bay next month
UAE-based Binghatti Developers is set to launch the $109m Millennium Binghatti Residences on Dubai’s Water Canal in Business Bay next month.
Inspired by the Millennium Hotels brand, the project will include 230 units of studio, one-bedroom, and two-bedroom apartments, as well as a number of hotel-inspired facilities when completed.
With unit prices starting at $170,000 (AED625,000), Muhammad Binghatti, CEO and head of Architecture at Binghatti Developers, said he expects to see strong interest from investors.
Binghatti said: “I am very pleased to launch “Millennium Binghatti Residences” which Binghatti’s first project inspired from world class hotels in “Business Bay”.
“The iconic building will prove to be a great asset for savvy investors aware of the large rental revenues and prosperity of this thriving region.
“This project comprises a variety of luxurious apartments ensuring comfort and convenience for every resident.”