Dubai, May 30, 2025 — Binghatti Holding, a prominent Dubai-based real estate developer, has announced plans for a groundbreaking master-planned residential community in Nad Al Sheba 1, within the city’s prestigious Meydan district. The project, valued at over AED 25 billion (approximately $6.8 billion), marks the company’s most ambitious endeavor to date.
A Landmark Development in Meydan
The acquired freehold land spans more than 8 million square feet of gross floor area, positioning the development among the largest single-site residential projects in Dubai. Situated in an area renowned for its equestrian heritage and the original Nad Al Sheba Racecourse, the location offers seamless connectivity to major roads and proximity to key landmarks, promising residents both convenience and exclusivity.
Vision for Integrated Living
Chairman Muhammad BinGhatti emphasized the significance of this venture, stating, “The acquisition of a mega plot for what is expected to be our first master-planned development marks a pivotal moment in Binghatti’s growth journey. The planned new mega project would build on the strong momentum of our vertically integrated model, which has consistently enabled us to deliver distinctive, high-quality properties ahead of schedule.” 
Binghatti’s vertically integrated approach, encompassing design, development, and delivery, has been instrumental in its rapid growth. The company’s robust financial foundation has allowed it to self-fund the land acquisition, underscoring its commitment to setting new benchmarks in integrated living within Dubai.
Expanding a Prestigious Portfolio
This master-planned community represents a strategic expansion for Binghatti, which currently has approximately 20,000 units under development across about 30 projects in prime residential areas of Dubai, including Downtown, Business Bay, Jumeirah Village Circle, Al Jaddaf, Dubai Science Park, Dubai Production City, and Sports City.
The developer is renowned for its branded residences in collaboration with luxury brands such as Bugatti, Mercedes-Benz, and Jacob & Co., attracting high-profile clientele including football star Neymar Junior and opera legend Andrea Bocelli.
A New Era for Binghatti
The launch of this expansive community signifies a new chapter for Binghatti Holding, transitioning from high-rise luxury developments to comprehensive community planning. As Dubai continues to evolve as a global hub for luxury living and innovation, Binghatti’s latest project is poised to contribute significantly to the city’s dynamic real estate landscape.
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