One by Binghatti Business Bay Dubai

One by Binghatti — listed in our source catalogue as Binghatti One Residences — is Binghatti Developers' 647-home tower in Business Bay, launched in May 2024: 61 residential floors over three basements, two podiums and an amenity floor, holding 192 studios, 220 one-bedrooms, 186 two-bedrooms, 41 duplexes and 8 four-bedrooms with balcony pools. Resale listings start at AED 1.3 million (about Rs 3.35 crore) for a studio of 420 to 461 sq ft; the developer's launch entry was AED 1.11 million and its current studio list reads AED 1,699,999. The plan is 20/50/30 and handover is printed for Q4 2026.

The gap between those three prices is the story: original buyers are asking less than the developer, so the entry is on the resale market. At about AED 2,820 to 3,095 per sq ft the studio still prices above the district's AED 2,090 resale average, and it misses the AED 2 million Golden Visa threshold by AED 700,000 — the two-bedrooms, averaging near AED 2.85 million, clear it.

At a glance

Price and unit pricing

Three entry prices in circulation is the market, not a mistake: the May 2024 launch, what brokers quote for the developer's remaining studios, and what an original buyer will take on Property Finder. This page prices on the resale entry, the latest and lowest figure a buyer can act on; the seller's SPA and the developer's current price list settle which you are being shown.

The studio's rate sits above the district's resale average and near the launch end of the AED 2,300 to 2,770 band 2026 guides print. Bayut records 128 one-bedroom sales in the building in 12 months on DLD data — unusually liquid for an unfinished tower.

Payment plan and total cost

20/50/30: 20% on booking, 50% through construction, 30% at handover. With handover in Q4 2026 a buyer today pays most of the price within months; on a resale the seller's paid instalments are settled at transfer and the balance follows the developer's schedule. On the AED 1,300,000 studio:

The plan gives almost no runway: a short exposure for a compressed cash call. Ask for the paid-up schedule from the seller and the remaining one from the developer before you agree a price.

No service charge is published. Business Bay towers bill about AED 15 to 22 per sq ft a year on Driven's service-charge index, AED 6,900 to 10,100 on a 461 sq ft studio — the reason Business Bay's net yield sits well below its gross.

Location and connectivity

Business Bay runs along Dubai Canal south of Downtown, and the tower's selling point is the address: Business Bay station on the Red Line and Burj Khalifa and Dubai Mall within about 5 to 10 minutes, DIFC about 10, the airport 15 to 20. The upper floors of a 61-storey tower look over the Canal to the Burj.

What is still changing is the supply. Business Bay has thousands of units in its pipeline, and Binghatti alone is building Burj Binghatti Jacob & Co Residences, Bugatti Residences and Aquarise here — 647 more homes handing over at once is a lot of stock to let in one quarter.

Compare the developer's ready stock elsewhere: Binghatti Gateway in Al Jaddaf, a 2021 building with two-bedrooms from AED 950,000 at less than half this rate, or the off-plan Binghatti Luxuria in JVT with studios from AED 766,999. Everything we track in the emirate is on all Dubai projects, the developer's full list is on Binghatti Dubai projects, the district's resale market is covered in apartments for sale in Business Bay, and the wider list is on the projects page.

Amenities and specifications

Quoted for the units: balconies, built-in wardrobes, central air conditioning and kitchen appliances, with private balcony pools on the eight four-bedrooms and on some duplexes. Quoted for the building: a concierge, covered parking, a lobby, security, a gym, a swimming pool, a children's play area and pool, and a spa; the building is described as pet-friendly. The mix runs from 420 sq ft studios to 6,788 sq ft at the top.

Not published: appliance brands, the smart-home fitting, parking per unit, the escrow bank or the construction percentage. Final specification as per the SPA.

About the developer

Binghatti Developers (Binghatti Holding, founded 2008, DLD developer registration 1051) had delivered about 12,000 homes before 2024 and reports more than 80 projects worth over AED 80 billion by end-2025, with seven handovers in 2025, AED 11 billion of buyers' money in escrow and 15 projects worth AED 15 billion due in 2026 — this tower among them. It builds in-house and fast — Phantom in JVC took 19 months, Canal beat its end-2023 target — but not always on the advertised quarter: Ghost in Al Jaddaf was sold on a Q1 date and completed in August, and Burj Binghatti's date has moved from mid-2026 to Q4 2027. On a Q4 2026 handover, read the REST app progress figure rather than the brochure.

For Indian buyers

Ownership. Business Bay is freehold, so an Indian citizen holds the title deed outright from handover, with the off-plan interest on an Oqood until then — no local partner, no residence visa. The UAE charges no annual property tax and no VAT on a residential sale, so the government's cost is the 4% DLD transfer fee, AED 52,000 on the studio, plus AED 40 at Oqood.

Remittance and visa. The Liberalised Remittance Scheme allows USD 250,000 per person per financial year. AED 1.3 million is about USD 354,000, and about USD 368,000 with the fees — more than one allowance, so a couple remitting together completes in one year and a single buyer needs two financial years, which is tight with handover months away; a 2 BHK near AED 2.85 million is about USD 776,000 and needs a couple over two years. The Golden Visa needs AED 2 million: the studio misses by AED 700,000 and a 1 BHK at AED 1.6 million by AED 400,000, while a two-bedroom clears it.

Yield and exit. 2026 guides put Business Bay at about 5.5% gross across all sizes, with studios and one-bedrooms higher and short-term lets above 8%; on AED 1.3 million that is about AED 71,500 of rent a year, before AED 6,900 to 10,100 of service charge, so the net is nearer 4%. On exit the building is liquid, but you sell a launch-rate unit into a cheaper district with heavy new supply, so the upper floors with a Burj or canal view are the ones that hold their price. Rent and any gain are taxable in India for an Indian tax resident; the UAE levies no tax on either.

Pros

• A resale studio at AED 1.3 M is cheaper than the developer's current AED 1,699,999 studio list
• Handover about three months away, so the construction wait is nearly over
• 61 floors, so upper units get canal and Burj views
• Red Line metro and Burj Khalifa within 5 to 10 minutes
• A liquid building on Bayut's DLD sales record
• The 2 BHK and above clear the AED 2 million Golden Visa threshold

Cons

• The studio's rate is above Business Bay's resale average
• The studio misses the Golden Visa threshold
• 647 homes into a district with thousands of units in the pipeline
• Sources disagree on the entry price and on the unit count, 647 or 656
• No project number, escrow bank or progress percentage in any source checked
• High district service charges on a small unit

Who this is for

• Buyers who want a Business Bay address with the metro and Burj Khalifa in reach and a handover months away
• Golden Visa applicants buying a 2 BHK or larger
• Investors who prefer a resale from an original buyer to the developer's higher current list
• Anyone who wants a view unit in a 61-floor tower rather than a mid-rise

Who should look elsewhere

• Buyers who need the AED 2 million Golden Visa from the entry unit
• Anyone pricing by the square foot against Business Bay's ready stock
• Yield-first investors: Business Bay averages about 5.5% gross and service charges are high
• Buyers who will not get the DLD project number, escrow account and construction percentage before paying

Our verdict

One by Binghatti is a Business Bay volume tower months from its keys, and the interesting number is the gap between the developer and the resale market: original buyers ask less than the developer's own list, so the entry is on the resale market. The studio still prices at the launch end of the district and misses the Golden Visa line; the two-bedrooms clear it. The tower's real assets are the address and the height, which gives upper units a view the district's mid-rises cannot. Against that, 647 homes hand over at once into heavy supply, service charges are high, and no source prints a progress percentage or escrow bank three months before the date — buy the resale, buy a 2 BHK if the visa matters, and check the REST app first.

A reasonable buy for a Golden Visa applicant taking a 2 BHK, or an end user who wants Business Bay with the metro and a handover months away, bought as a resale below the developer's list. Not for the yield-first investor, anyone who needs the visa from a studio, or anyone without the DLD project number, escrow account and construction percentage in hand.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of One by Binghatti?

Resale studios on Property Finder start at AED 1.3 million (about Rs 3.35 crore or USD 354,000), with the building's average ask at AED 2.85 million. The May 2024 launch entry was AED 1.11 million; the developer's current studio list is AED 1,699,999 and one-bedrooms start at AED 1.6 million.

What is the payment plan?

20/50/30, with most of the price due now. On AED 1,300,000: AED 260,000 at booking, AED 650,000 through construction and AED 390,000 at the keys, plus AED 52,000 of DLD fee and AED 40 at Oqood — about AED 1,352,000 all in.

When is the handover?

Q4 2026 on the developer-side pages, about three months away. One page printed Q2 2026, which passed without a reported completion. No source publishes a construction percentage; check the Dubai REST app.

How many homes and floors are there?

647 homes on the detailed count — 192 studios, 220 one-bedrooms, 186 two-bedrooms, 41 duplexes and 8 four-bedrooms with balcony pools — over 61 residential floors; with basements, podiums, an amenity floor and a roof some pages call it 68 storeys. One page estimates 656 units.

Does it qualify for a Golden Visa?

Not the studio: at AED 1.3 million it misses the AED 2 million threshold by AED 700,000, and a 1 BHK at AED 1.6 million by AED 400,000. A two-bedroom clears it. Confirm with the Dubai Land Department how an off-plan purchase is assessed and when you can apply.

How does the price compare with Business Bay?

Business Bay resale averages about AED 2,090 per sq ft and 2026 launches about AED 3,000, so the studio at about AED 2,820 to 3,095 sits at the launch end. Bigger units are cheaper per foot — ask for the price list by floor.

What rent and yield can I expect?

Business Bay averages about 5.5% gross on 2026 guides, with studios and one-bedrooms higher; on AED 1.3 million that is about AED 71,500 of rent a year. After service charges the net is nearer 4%, and nothing rents until handover.

Can an Indian buyer own here, and how does the remittance work?

Yes, Business Bay is freehold. AED 1.3 million is about USD 354,000 — above one person's USD 250,000 LRS allowance, so plan on a couple remitting together or one buyer over two financial years, which is tight months from handover.

Compare with other Dubai projects

Also in Business Bay: Danube Bayz 102 (from AED 1.27 M, handover 2029), Danube Bayz 101 (from AED 1,175,000, handover 2028), Binghatti Aquarise (from AED 1.15 M, handover 2027) and MAG 318 (from AED 1,100,000, ready). See every Business Bay project with prices and handover dates.

More by Binghatti Developers: Binghatti Ghost (from AED 1,162,500, ready), Binghatti Phantom (from AED 999,999, ready) and Binghatti Gateway (from AED 950,000, ready).

A similar budget elsewhere in Dubai: Lacina Residences (from AED 1.3 M, handover 2028), Sobha Hartland Waves (from AED 1.3 M, ready) and The Cube Residences (from AED 1.3 M, handover 2027).

Read next: Apartments for Sale in Business Bay: Prices and Net Yields · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.