Developer Track Record 38 developments, a 5.4x price spread, and the volume is at the bottom

What A Binghatti Apartment Actually Costs — All 38 Developments, All 4,425 Purchases

Dubai's weekly transaction figures made the news this week on the strength of a single sale: a Binghatti apartment reported at around USD 17 million. Headline sales like that shape how a developer is understood, and Binghatti is increasingly written about as a luxury brand — Bugatti, Mercedes-Benz, Jacob & Co. We read the Dubai Land Department transaction register for every Binghatti development and found something the headlines do not show. Across 38 developments the company recorded 4,425 purchases in 2026, spanning AED 1,371 to AED 7,374 per square foot — a 5.4-fold spread inside one developer. And 2,546 of those purchases, 58% of them, are in developments where the median price is under AED 1 million.

Binghatti developments tracked
38
With recorded 2026 purchases
4,425 purchases total
Price per sqft range
AED 1,371 – 7,374
Skyflame 1 to Bugatti Residences
5.4x inside one developer
Purchases under AED 1m median
58%
2,546 of 4,425
Where the business actually is
The three branded towers
55 purchases
Bugatti, Mercedes-Benz, Jacob & Co combined
1.2% of all Binghatti volume

The two Binghattis

Read the register and Binghatti resolves into two businesses that happen to share a name. At the top there is Bugatti Residences in Business Bay, with 20 recorded purchases at a median of AED 29,100,000 and AED 7,374 per square foot. Then Mercedes-Benz Places in the Burj Khalifa district, 17 purchases at AED 17,600,000 and AED 5,502. Then Burj Binghatti Jacob & Co. Residences, 18 purchases at AED 11,500,000 and AED 3,523. These are the developments that generate the headlines, and the products are genuinely exceptional in the literal sense — very few of them exist. At the other end sits the actual business. Binghatti Skyflame 1 in Majan: 545 recorded purchases at a median of AED 570,000 and AED 1,371 per square foot. Skyflame 2, also Majan: 271 purchases at AED 575,000. Binghatti Elite in Dubai Production City: 82 purchases at AED 580,000. Binghatti Vintage in Majan is the single largest seller in the portfolio at 614 purchases and a median of AED 698,999. Add the three branded towers together and you get 55 recorded purchases — 1.2% of Binghatti's 4,425. Add the developments with a median under AED 1 million and you get 2,546, or 58%. The company that makes the news and the company that sells the apartments are not the same company, and knowing which one you are being sold matters.

Bugatti Residences: 20 purchases at AED 29.1m. Skyflame 1: 545 purchases at AED 570,000. Same developer, same year.

The ladder, in full

Comparing Binghatti developments on headline price is close to useless because unit sizes differ so much. Per square foot is the comparison that survives, and here the ladder is unusually clean. At the top: Bugatti Residences at AED 7,374, Mercedes-Benz Places at AED 5,502, Binghatti Skyblade in the Burj Khalifa district at AED 3,930, Burj Binghatti Jacob & Co. at AED 3,523. In the middle: One by Binghatti at AED 2,827, Binghatti Skyhall in Business Bay at AED 2,686, Binghatti Hillcrest at AED 2,211, Binghatti Cullinan in Al Jaddaf at AED 2,205, Binghatti Hillside at AED 2,122, Binghatti Luxuria at AED 1,939, Binghatti Skyterraces in Dubai Sports City at AED 1,922, Binghatti Vintage in Majan at AED 1,852. At the bottom: Binghatti Titania at AED 1,623, Binghatti Elite at AED 1,533, Binghatti Haven at AED 1,476, Skyflame 2 at AED 1,391 and Skyflame 1 at AED 1,371. What drives that ladder is district, almost entirely. Business Bay and the Burj Khalifa area sit at the top; Majan, Dubai Production City and Dubai Sports City sit at the bottom. It is not a quality ladder in any way the register can show — it is a map of Dubai land values with a single developer's name on every rung. That is the practical use of this page: if you are comparing two Binghatti buildings, the number that tells you something is the per-square-foot rate, and the thing it is mostly telling you about is the postcode.

The Binghatti ladder is a map of Dubai land values, not a quality ranking. Compare per square foot, and read it as a postcode.

What the volume tells you about supply

Binghatti registered 10,944 units with the Dubai Land Department for 2026 — more than double any other developer in the emirate. Set that against the transaction record and the shape becomes clear: 4,425 recorded purchases across 38 developments, with the great majority in a handful of large, affordable, studio-heavy buildings in inland districts. Skyflame 1, Skyflame 2 and Vintage alone account for 1,430 purchases, and all three are in Majan. That concentration has a direct consequence for anyone buying one of them. Your competition at letting and resale is not the wider Dubai market — it is several hundred near-identical units inside your own building, plus the same developer's next building in the same district, arriving at roughly the same time. It is the single most important thing to understand about buying Binghatti at the affordable end, and it is invisible from any individual project page. At the branded end the position inverts entirely. Twenty units at Bugatti Residences is scarcity in the true sense, and the reason those prices hold is that the supply cannot be repeated. Both ends are coherent products. They are simply opposite ones, and the marketing language around them is often the same.

Skyflame 1, Skyflame 2 and Vintage: 1,430 purchases, all in Majan. Your competition is the building next door.

What we cannot tell you

Three limits worth stating, because the value of this is that it can be checked. The register records what was paid, not what was asked, so we cannot tell you the discount any individual buyer negotiated. It carries one procedure type per off-plan row, so a developer first sale cannot be separated from a resale — a high median in a small development could reflect resale activity rather than launch pricing. And it says nothing about build quality, finish or delivery. Binghatti's delivery record is respectable by mid-market standards and it builds faster than most of its peers, but that is an observation from tracking filed completion dates, not something these price figures demonstrate. Everything above comes from the Dubai Land Department's own open transaction register for 2026, aggregated per development and recomputed rather than taken from marketing. Anyone can reproduce it from the same source.

Prices paid, not prices asked. And nothing here measures build quality — only what changed hands.

Our verdict

Binghatti recorded 4,425 purchases across 38 developments in 2026, spanning AED 1,371 to AED 7,374 per square foot — a 5.4-fold spread inside a single developer. The branded towers that generate the headlines, Bugatti Residences, Mercedes-Benz Places and Burj Binghatti Jacob & Co., account for 55 of those purchases between them: 1.2% of the volume. 58% of Binghatti buyers are in developments with a median under AED 1 million, concentrated in Majan, Dubai Production City and Dubai Sports City. Compare Binghatti buildings on price per square foot rather than headline price, and read that figure as a statement about the district rather than about the developer.

Frequently Asked Questions

How much does a Binghatti apartment cost in Dubai?

It depends enormously on which one. Across 38 developments with recorded 2026 purchases, medians run from AED 570,000 at Binghatti Skyflame 1 in Majan to AED 29,100,000 at Bugatti Residences in Business Bay. Per square foot the range is AED 1,371 to AED 7,374. 58% of all Binghatti purchases are in developments with a median under AED 1 million.

Which is the cheapest Binghatti development?

Binghatti Skyflame 1 in Majan, at a median of AED 570,000 and AED 1,371 per square foot across 545 recorded purchases. Skyflame 2 is close behind at AED 575,000 and AED 1,391, also in Majan, and Binghatti Elite in Dubai Production City at AED 580,000.

Which is the most expensive Binghatti development?

Bugatti Residences in Business Bay, at a median of AED 29,100,000 and AED 7,374 per square foot across 20 recorded purchases. Mercedes-Benz Places in the Burj Khalifa district follows at AED 17,600,000 and AED 5,502, then Burj Binghatti Jacob & Co. Residences at AED 11,500,000.

Is Binghatti a luxury developer?

Partly, and the proportion is smaller than the coverage suggests. Its three branded towers — Bugatti, Mercedes-Benz and Jacob & Co. — account for 55 recorded purchases between them, 1.2% of Binghatti's 4,425 for the year. The majority of the business is affordable apartments in Majan, Dubai Production City and Dubai Sports City, where medians sit between AED 570,000 and AED 900,000.

Why do Binghatti prices vary so much?

District, almost entirely. Business Bay and the Burj Khalifa area sit at the top of the ladder; Majan, Dubai Production City and Dubai Sports City sit at the bottom. The register cannot show a quality difference between them — what the per-square-foot figure is mostly telling you is the postcode, which is why it is the only fair basis for comparing two Binghatti buildings.

How many units has Binghatti registered in Dubai?

10,944 for 2026, more than double any other developer in the emirate. Against that, 4,425 purchases were recorded across 38 developments, with the majority concentrated in a handful of large affordable buildings — Skyflame 1, Skyflame 2 and Vintage account for 1,430 purchases between them, all three in Majan.

What does that concentration mean if I buy one?

At the affordable end, your competition when letting or reselling is not the wider Dubai market — it is several hundred near-identical units inside your own building, plus the same developer's next building in the same district, arriving at roughly the same time. At the branded end the position inverts: twenty units at Bugatti Residences is genuine scarcity, and that supply cannot be repeated.

Where does this data come from?

The Dubai Land Department's open transaction register for 2026, aggregated per development and recomputed rather than taken from marketing. It records prices paid rather than asked, carries one procedure type per off-plan row so developer first sales cannot be separated from resales, and says nothing about build quality. The full method and its limits are in how we read the DLD register.