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Burj Binghatti Jacob & Co Residences Business Bay Dubai — Residential in Business Bay DLD Under Construction
Burj Binghatti Jacob & Co Residences Business Bay Dubai — photo 1
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Burj Binghatti Jacob & Co Residences Business Bay Dubai — photo 3
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By Binghatti Developers (Binghatti Holding), with Jacob & Co

Burj Binghatti Jacob & Co Residences Business Bay Dubai

● Business Bay

Residential Under Construction Best for: Long-term investors & families planning ahead
Starting Price
AED 8.4 M (about Rs 21.63 Cr) onwards
Enquire Now
At a glance
Type
Residential
Location
Business Bay
Starting Price
AED 8.4 M (about Rs 21.63 Cr)
Sizes
About 1,990 - 11,800 sq ft (developer quotes 2 BHK Sapphire suites from 185 sq m and 3 BHK Emerald suites from 278 sq m; brokers quote 3,263 - 11,796 sq ft, which appears to include terraces)
Status
Under Construction
Best for
Long-term investors & families planning ahead

Burj Binghatti Jacob & Co Residences Business Bay Dubai is a Residential project by Binghatti Developers (Binghatti Holding), with Jacob & Co in Business Bay. Prices start at around AED 8.4 M (about Rs 21.63 Cr). Current status is under construction. Below you will find the price, sizes, DLD registration details, location notes, pros and cons, and answers to the questions buyers ask most.

Quick Facts

Project Burj Binghatti Jacob & Co Residences Business Bay Dubai
Developer Binghatti Developers (Binghatti Holding), with Jacob & Co
Location Business Bay
Type Residential
Sizes About 1,990 - 11,800 sq ft (developer quotes 2 BHK Sapphire suites from 185 sq m and 3 BHK Emerald suites from 278 sq m; brokers quote 3,263 - 11,796 sq ft, which appears to include terraces)
Starting Price AED 8.4 M (about Rs 21.63 Cr) onwards
Status Under Construction
DLD Project Number Registered with the Dubai Land Department (DLD); the project number and the escrow bank are not published by the sources checked. Broker adverts carry a DLD advertising permit (Trakheesi) number, which is not the project number - verify the project and its escrow account on the Dubai REST app before paying a booking amount.

Prices & details are indicative. Please confirm the latest with our advisor or the builder before booking.

Sizes & Pricing

ConfigurationSizePriceBest for
ResidentialAbout 1,990 - 11,800 sq ft (developer quotes 2 BHK Sapphire suites from 185 sq m and 3 BHK Emerald suites from 278 sq m; brokers quote 3,263 - 11,796 sq ft, which appears to include terraces)AED 8.4 M (about Rs 21.63 Cr) onwardsFamilies & end-users

Prices are indicative. Confirm the latest cost sheet with us.

About Burj Binghatti Jacob & Co Residences Business Bay Dubai

Burj Binghatti Jacob & Co Residences is Binghatti Developers' attempt at the tallest residential building in the world: a 557 m, 104-floor tower over seven basement levels on the Dubai Canal in Business Bay, branded with the Swiss-American watch and jewellery house Jacob & Co. Construction started in October 2022, sales opened in June 2023, and Binghatti reported it half sold by April 2024. About 304 homes are planned.

The developer's own listing and Metropolitan both print AED 8.4 million (about Rs 21.63 crore) for a 2 BHK Sapphire suite and AED 10 million (about Rs 25.75 crore) for a 3 BHK Emerald suite, on a 70/30 payment plan. Read the handover date carefully: the source listing prints Q2 2026, most brokers Q4 2026, and the latest report says Binghatti has scheduled completion for Q4 2027. We work to December 2027. This page sits with all the Dubai projects we track and with the rest of Business Bay.

At a glance

ProjectBurj Binghatti Jacob & Co Residences, Business Bay, Dubai
DeveloperBinghatti Developers (Binghatti Holding), branded with Jacob & Co
CommunityBusiness Bay, on the Dubai Canal, next to Downtown Dubai
Tower557 m, 104 floors plus 7 basements (one source says 105); about 304 homes
Configurations2 BHK Sapphire and 3 BHK Emerald suites, half-floor sky mansions, penthouses
SizesDeveloper: 2 BHK from 185 sq m, 3 BHK from 278 sq m. Brokers: 3,263 to 11,796 sq ft, apparently including terraces
Starting priceAED 8.4 million (about Rs 21.63 crore) for a 2 BHK; AED 10 million for a 3 BHK
Payment plan70/30: 30% on booking, 40% during construction, 30% on handover
HandoverQ2 2026 (source listing), Q4 2026 (brokers), Q4 2027 (latest report); we work to December 2027
StatusUnder construction; above-ground work from February 2025; 23% on an early 2026 tracker
DLD registrationRegistered with the Dubai Land Department (DLD); project number and escrow bank not published by the sources checked
OwnershipFreehold, all nationalities; Golden Visa from AED 2 million

Price and unit pricing

The source listing shows no price in the snippets we could see. The developer's page and Metropolitan agree on AED 8.4 million for the 2 BHK; Metropolitan and Emirates.Estate agree on AED 10 million for the 3 BHK. One broker quotes the sky penthouse from AED 175 million; we have seen no transaction at that figure.

UnitSizeFrom (AED)In rupees (at 25.75)Implied rate
2 BHK Sapphire suite185 sq m (about 1,990 sq ft) per developer; 3,263 sq ft per brokers8,400,000About Rs 21.63 croreAED 2,575 per sq ft on 3,263 sq ft; AED 4,220 on 1,990 sq ft
3 BHK Emerald suite278 sq m (about 2,990 sq ft) per developer10,000,000About Rs 25.75 croreAbout AED 3,340 per sq ft
Sky penthouse (broker quote)Two floors, 7+ bedrooms175,000,000About Rs 450.63 crore-

The two size figures matter. On the broker's 3,263 sq ft the 2 BHK is about AED 2,575 per sq ft; on the developer's 185 sq m it is about AED 4,220. Business Bay resale averages about AED 2,090 per sq ft and off-plan launches about AED 3,000, so either way you pay a premium for the brand, the height and the canal. Ask for the DLD suite area before you compare. The 87 resale asks on Bayut from AED 5.88 million are real liquidity two years before handover, and some sellers ask less than the developer; see our note on resale and assignments in Dubai.

Payment plan and total cost

The plan is 70/30: 30% on booking, 40% during construction and 30% on handover. Some brokers describe the 40% as milestone-linked rather than dated; the SPA settles it. Our guide to Dubai payment plans covers what happens to milestone instalments when a build runs late, the relevant case here.

ItemBasisAEDRupees (at 25.75)
Price2 BHK Sapphire entry price8,400,000About Rs 21.63 crore
Booking30%2,520,000About Rs 6.49 crore
Construction instalments40%, milestone-linked3,360,000About Rs 8.65 crore
Handover payment30%, on completion2,520,000About Rs 6.49 crore
DLD transfer fee4%336,000About Rs 86.5 lakh
Oqood registrationFixed40About Rs 1,030
Registration trusteeFixed, plus VATAbout 4,000About Rs 1.03 lakh
Total to ownDirect from the developerAbout 8,740,000About Rs 22.51 crore

Add 2% plus VAT in agency commission, about AED 176,000, through a broker. Service charges are not published. Business Bay averages about AED 14.75 per sq ft a year, most towers sit at AED 15 to 25, and a 557 m tower with private pools, a spa and a butler desk will not sit in that band: at AED 30 per sq ft on 3,263 sq ft that is about AED 98,000 a year. Get the estimate in writing. Our page on the cost of buying in Dubai has the full fee list.

Location and connectivity

The tower stands on the Dubai Canal side of Business Bay, directly south of Downtown. Burj Khalifa and Dubai Mall are about 5 to 7 minutes by car, DIFC about 10, and Dubai International Airport about 15 to 20. Business Bay metro on the Red Line is a ten-minute walk.

Business Bay is a finished district with a great deal still going up: some 40 off-plan towers are in sales at once, the roads jam at peak hours, and the canal frontage is what holds value. For what AED 1 to 2 million buys a few streets away, see Binghatti Aquarise and Danube Bayz 102, and our post on apartments for sale in Business Bay.

Amenities and specifications

Binghatti sells the tower as branded villas in the sky. Quarter-floor plates carry the Sapphire (2 BHK), Emerald (3 BHK) and Ruby suites; half-floor plates are the sky mansions; the crown, shaped like a Jacob & Co watch bezel, holds the Fleurs de Jardin and Astronomia penthouses and a two-floor Billionaire penthouse with at least seven bedrooms, a cinema and an infinity pool.

Listings quote kitchen appliances, walk-in closets, covered parking and private pools on many units. Building services quoted: concierge and butler desks, an infinity pool, a spa and gym, chauffeur services, a day-care centre and a private club. Finishes and parking per unit are not itemised by any source we found. Final as per the SPA.

About the developer

Binghatti Developers is a private Dubai developer founded in 2008 and run by the BinGhatti family, with Muhammad BinGhatti as chairman. It built its name on mid-market towers in JVC, Al Jaddaf and Business Bay, and since 2023 has moved into branded high-end with Bugatti Residences, Mercedes-Benz Places and this tower. By end 2025 it reported more than 12,500 homes delivered across 80-plus projects, about 1,700 handed over in the first half of 2026, and a 2026 target of 15 projects worth AED 15 billion. Our Binghatti developer page lists the projects we cover, including Binghatti Ghost and Binghatti Hills.

The record on the big branded towers is less clean. Bugatti Residences was sold for December 2025 handover and, as of September 2026, brokers quote Q2 to Q4 2026 with no delivery confirmed; this tower has moved from June 2026 to Q4 2027. Binghatti delivers 30 to 50-floor buildings quickly and in volume; a 557 m supertall is a different engineering problem, and this is its first.

For Indian buyers

Business Bay is freehold for all nationalities and the DLD issues the title deed in your name. The UAE has no annual property tax and no tax on rent; the running cost is the service charge. Our guide to buying Dubai property from India covers the process; the numbers below are what change at this price.

The Liberalised Remittance Scheme allows a resident Indian to send USD 250,000 a financial year. The 2 BHK is about USD 2.29 million and the 30% booking alone about USD 686,000, so neither one person nor a couple can fund the booking in a year. Four adults remitting the maximum would cover the booking in year one and the instalments over the next two; the handover payment needs another year or a UAE mortgage, offered on approved off-plan projects at up to 50% of value. NRIs paying from income earned outside India are not bound by LRS, and that is who this tower is priced for. TCS applies above the threshold and is set off against Indian tax.

The AED 2 million Golden Visa threshold is met four times over, and approved off-plan purchases qualify. Rent from the UAE is taxable in India for a resident as income from house property with the standard 30% deduction, and a sale is a capital gain in India too. On yield, Business Bay averages about 5.5% gross on DLD data and a branded AED 8.4 million 2 BHK will return less; trophy homes rent for far less per dirham than mid-market ones.

Pros

  • A one-of-a-kind asset: the tallest residential tower in the world if built to 557 m, on the Dubai Canal
  • Business Bay is Dubai's second most liquid apartment market after Downtown; the tower already has 87 resale listings on Bayut and 112 on Property Finder
  • 70/30 plan: only 30% down and 30% at the end
  • Every unit clears the AED 2 million Golden Visa line four times over
  • Resale asks from AED 5.88 million sit below the developer's AED 8.4 million entry
  • Binghatti has delivered more than 12,500 homes; the developer's balance sheet is not the risk here

Cons

  • Handover has slipped from June 2026 to Q4 2027, no source shows the tower topped out, and a first-of-its-kind build can slip again
  • AED 2,575 to 4,220 per sq ft on the 2 BHK, against Business Bay's AED 2,090 resale average
  • Two size figures for the same 2 BHK, 185 sq m and 3,263 sq ft; until you see the DLD suite area the rate is a guess
  • Service charges unpublished, and certain to be far above the AED 15 per sq ft district average
  • A resident Indian cannot fund the USD 686,000 booking under LRS in one year
  • Rental yield will sit well below the 5.5% Business Bay average
  • Project number and escrow bank not in the public sources

Who this is for

  • Wealthy buyers who want a trophy or a branded second home in Dubai and can wait until 2027 or 2028
  • Golden Visa applicants for whom the AED 2 million test is a formality
  • Investors betting on the scarcity premium of the world's tallest residential tower, on a ten-year hold
  • NRIs funding from outside India, free of LRS, who can meet the 30% booking in one payment

Who should look elsewhere

  • Anyone underwriting on rental yield
  • Buyers who need a fixed handover date
  • Resident Indians funding solely through LRS
  • Value buyers: AED 8.4 million buys two or three good 2 BHK units in Business Bay's finished towers; browse all projects for the alternatives

Our verdict

This is the most ambitious residential building in Dubai, and you buy it with your eyes open on the date and the price per sq ft. The 2026 handover is gone: above-ground work started in February 2025 and the latest schedule is Q4 2027 for a height nobody has built a home to before. Budget for 2028. The premium buys the tallest residential address in the world, a Jacob & Co brand and canal views; it does not buy yield or a cheap service charge.

For a wealthy NRI or a Golden Visa buyer who wants one trophy address in Dubai and does not need the rent, this is a credible long hold from a developer with a real delivery record. Verify the project number and escrow account on the Dubai REST app, get the DLD suite area for the exact unit, compare the price with the resale asks, and get the construction percentage in writing before you pay the 30% booking. For a resident Indian on LRS, or anyone who needs 6% yields, it is the wrong product.

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.

Dubai property calculator — costs, cash needed and net rent

Works from any country: pick your currency, or type your own rate. Fees follow the DLD schedule; rent figures are yours to set.

One-time costs-
Cash needed on day one-
Net rent a year-
Net yield on total outlay-
ChargeAEDYour currency

Fee basis: DLD transfer 4% of price, plus a DLD admin fee of AED 580 on a ready unit and AED 40 at Oqood on an off-plan one; registration trustee AED 2,000 below AED 500,000 and AED 4,000 from AED 500,000, plus 5% VAT (AED 2,100 or AED 4,200); title deed and map about AED 500; agency 2% plus 5% VAT where used; mortgage registration 0.25% of the loan plus AED 290. Rates shown are indicative, read on 9 September 2026, and the pegged ones (USD and the GCC currencies) do not move — edit the rate box for anything else. This is an estimate to plan with, not a quotation, and it does not cover tax in your own country.

FAQs

What is the starting price at Burj Binghatti Jacob & Co Residences?

AED 8.4 million (about Rs 21.63 crore) for a 2 BHK Sapphire suite and AED 10 million (about Rs 25.75 crore) for a 3 BHK Emerald suite, on the developer's own listing and Metropolitan. Penthouses are on request. Bayut resale asks run from AED 5.88 million to AED 31.6 million.

What is the payment plan for Burj Binghatti Jacob & Co Residences Business Bay Dubai?

70/30: 30% on booking, 40% during construction and 30% on handover. On the AED 8.4 million 2 BHK that is AED 2.52 million down (about Rs 6.49 crore), AED 3.36 million through the build and AED 2.52 million at handover. The construction instalments may be milestone-linked; the SPA settles it.

When is handover for Burj Binghatti Jacob & Co Residences Business Bay Dubai?

It has moved. The source listing prints Q2 2026, most brokers Q4 2026, and a 2026 Arabian Business report says Binghatti has scheduled completion for Q4 2027. Above-ground work began in February 2025 and progress was 23% in early 2026, so the 2026 dates are behind us. We work to December 2027 and would plan for 2028.

Is the project registered with the Dubai DLD, and what is the escrow bank?

As an off-plan sale in Dubai it must be registered with the DLD and take payments into a project escrow account. Neither the project number nor the escrow bank is published by the sources we checked; the number on broker adverts is an advertising permit, not the project number. Ask Binghatti for both and check them on the Dubai REST app before you pay.

Does Burj Binghatti Jacob & Co Residences Business Bay Dubai qualify for a Golden Visa?

Yes. The AED 2 million property threshold is met four times over by the AED 8.4 million entry price. Dubai accepts off-plan purchases from approved developers and tests the equity you hold outside any mortgage, so keep the Oqood registration and payment receipts together.

What rental yield can I expect at Burj Binghatti Jacob & Co Residences Business Bay Dubai?

Business Bay averages about 5.5% gross on DLD data, with brokers quoting 6 to 8% for mid-market towers. A branded AED 8.4 million 2 BHK will not reach that; trophy homes rent for far less per dirham of price. Buy it for the asset and treat rent as a bonus.

What are the service charges at Burj Binghatti Jacob & Co Residences Business Bay Dubai?

Not published. Business Bay averages about AED 14.75 per sq ft a year; a 557 m tower with private pools, a concierge and a spa will cost far more to run. At AED 30 per sq ft on a 3,263 sq ft suite that is about AED 98,000 a year. Ask for the estimate in writing.

Can an Indian citizen buy here, and does LRS allow it?

Yes, Business Bay is freehold and the DLD registers the title. Funding is the issue: the 2 BHK is about USD 2.29 million and the 30% booking about USD 686,000, while LRS allows USD 250,000 per person a year. A resident Indian needs several family members remitting over several years, or a UAE mortgage. NRIs paying from income earned abroad are not bound by LRS.

How reliable is Binghatti on delivery?

Good on its core product: more than 12,500 homes delivered by end 2025 and about 1,700 in the first half of 2026. Less proven on supertall branded towers: Bugatti Residences, sold for December 2025 handover, was not confirmed delivered by September 2026, and this tower has moved from June 2026 to Q4 2027. Judge the tower by its own progress.

For the current price list, the DLD suite areas and the latest construction percentage, talk to Realty Hunting and we will set them beside the resale asks for you.

Compare with other Dubai projects

Also in Business Bay: Jumeirah Living Business Bay (from AED 8,435,140, off-plan), Davinci Tower (from AED 5.5 M, ready), Vogue (from AED 3.9 M, ready) and Avarra by Palace (from AED 2,892,888, handover 2031). See every Business Bay project with prices and handover dates.

More by Binghatti Developers: Mercedes Benz Places (from AED 10,299,999, handover 2026), Binghatti Tilal Dunes Villas (from AED 4.2 M, handover 2029) and Tilal Binghatti (from AED 4.2 M, handover 2028).

A similar budget elsewhere in Dubai: Danube Viewz (from AED 8.32 M, off-plan), 1/JBR (from AED 7,850,000, ready) and Dubai La Vie (from AED 7.3 M, ready).

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 Dubai Golden Visa Through Property. Every Dubai project we track is listed on the Dubai section.

Project Highlights

  • ✓ 557 m and 104 floors over 7 basement levels, designed to overtake New York's Central Park Tower (472 m) as the tallest residential building in the world
  • ✓ 2 BHK Sapphire suites from AED 8.4 million (about Rs 21.63 crore); 3 BHK Emerald suites from AED 10 million; half-floor sky mansions and the Fleurs de Jardin, Astronomia and Billionaire penthouses above
  • ✓ About 304 homes in total: quarter-floor suites, half-floor sky mansions and a two-floor Billionaire penthouse with at least seven bedrooms, a cinema and an infinity pool
  • ✓ 70/30 payment plan: 30% on booking, 40% through construction, 30% on handover
  • ✓ Sales opened June 2023 and Binghatti reported the tower half sold by April 2024, at asks from AED 8 million to a claimed AED 175 million for the sky penthouse
  • ✓ Construction started October 2022; above-ground work began February 2025 and a construction tracker had the build at 23% in early 2026
  • ✓ Handover has moved: the source listing prints Q2 2026, brokers print Q4 2026, and the most recent report says Binghatti has scheduled completion for Q4 2027
  • ✓ On the Dubai Canal in Business Bay, about 5 minutes from Downtown and Burj Khalifa, 15 to 20 minutes from DXB airport, with Business Bay metro on the Red Line
  • ✓ Business Bay resale averages about AED 2,090 per sq ft and off-plan about AED 3,000; this tower asks AED 2,575 to 4,220 per sq ft on the 2 BHK depending on which size you use

Pros & Cons

👍 Pros
  • +A one-of-a-kind asset: the tallest residential tower in the world if built to 557 m, on the Dubai Canal, with a Jacob & Co brand that has already drawn a claimed AED 175 million penthouse ask
  • +Business Bay is Dubai's second most liquid apartment market after Downtown, with 87 resale listings on Bayut and 112 on Property Finder for this tower alone, so there is a visible secondary market before handover
  • +70/30 plan with 30% down and 30% at handover, so 70% of the money is spread over a build that now runs to late 2027
  • +Every unit clears the AED 2 million Golden Visa threshold four times over on the entry price
  • +Bayut resale asks start at AED 5.88 million, below the developer's AED 8.4 million entry, so a patient buyer may find an assignment at a discount
  • +Binghatti has delivered more than 12,500 homes and reports cancellations below 1%, so the developer is not the risk; the scale of this particular tower is
👎 Keep in mind
  • –The handover has slipped at least once, from June 2026 to Q4 2027 on the latest report, and no source shows the tower topped out; a first-of-its-kind 557 m build can slip again
  • –At AED 2,575 to 4,220 per sq ft on the 2 BHK, depending on which size you use, this is well above Business Bay's AED 2,090 resale and AED 3,000 off-plan averages; you are paying for the brand and the record, not the district
  • –Sizes are quoted two ways: 185 sq m on the developer's page and 3,263 sq ft on broker pages for the same 2 BHK. Until you see the floor plan and the DLD suite area, the price per sq ft is a guess
  • –Service charges are not published, and a supertall branded tower with private pools and a butler desk will cost far more to run than the Business Bay average of about AED 15 per sq ft
  • –A single unit costs about USD 2.29 million, which a resident Indian cannot fund in one year under the LRS limit of USD 250,000 per person
  • –Rental yield on an AED 8.4 million 2 BHK will be well below the 5.5% Business Bay average; trophy homes rent for less per dirham than mid-market ones
  • –The project number and escrow bank are not in the public sources we checked; broker adverts print an advertising permit that buyers sometimes mistake for it

Who Should Buy & Who Should Avoid

✅ Who should buy
  • +Wealthy buyers who want a trophy home or a branded second home in Dubai and can wait until 2027 or 2028 without needing the keys
  • +Golden Visa applicants for whom the AED 2 million test is a formality and who want an address the visa officer will recognise
  • +Investors betting on the scarcity premium of the world's tallest residential tower, with a ten-year hold and no dependence on rental income
  • +NRI buyers funding from outside India, who are not bound by LRS and can meet the 30% booking in one payment
⛔ Who should avoid
  • –Anyone underwriting on rental yield: an AED 8.4 million 2 BHK will not return the 5.5% Business Bay average
  • –Buyers who need a fixed handover date; this one has moved once and the build is the first of its kind for the developer
  • –Resident Indians funding solely through LRS, where the USD 250,000 per person annual limit cannot cover a USD 686,000 booking
  • –Value buyers: the same AED 8.4 million buys two or three good 2 BHK units in Business Bay's finished towers with rent from day one

Handover Timeline

The handover date has moved, and you should treat that as a fact about the project rather than a rounding error. The source listing prints Q2 2026, Propsearch carried an estimated June 2026, several broker pages print Q4 2026, and a 2026 Arabian Business report says Binghatti has scheduled completion for Q4 2027. Construction started in October 2022, above-ground work began in February 2025 after a long basement and raft stage for a 557 m tower, and a construction tracker put progress at 23% in early 2026. No source reports the tower topped out. We work to December 2027 and would not be surprised by 2028. Track it on the Dubai REST app, which shows the DLD's completion percentage for a registered project, and ask Binghatti for its latest site update in writing before you commit.

Location Map

Project Excellence

About Binghatti Developers (Binghatti Holding), with Jacob & Co

Binghatti Developers (Binghatti Holding), with Jacob & Co

Binghatti Developers is a Dubai private developer founded in 2008 and run by the BinGhatti family, with Muhammad BinGhatti as chairman. It grew on mid-market towers in JVC, Al Jaddaf, Dubai Silicon Oasis and Business Bay, and since 2023 has moved into branded ultra-luxury with Bugatti Residences, Mercedes-Benz Places and this tower. By the end of 2025 it reported more than 12,500 homes delivered across 80-plus projects with a stated portfolio value above AED 80 billion, about 1,700 homes handed over in the first half of 2026, and a 2026 target of 15 projects worth AED 15 billion. Its record on the big branded towers is less clean: Bugatti Residences in Business Bay was sold for December 2025 handover and, as of September 2026, brokers quote Q2 to Q4 2026 with no delivery confirmed, and this tower has moved from June 2026 to Q4 2027. It builds fast and sells fast; the supertall branded projects are the first of their kind for the company.

1+ projects listed with us ✓ DLD-registered options ✓ Verified by our team ✓ Check delivery record before booking

Payment Plan

Binghatti's plan is 70/30: 30% on booking, 40% during construction and 30% on handover. Some broker pages describe the 40% as instalments linked to construction milestones rather than fixed dates; the sale and purchase agreement settles the schedule. On top of the price: the 4% DLD transfer fee, the AED 40 Oqood registration fee for an off-plan unit, about AED 4,000 plus VAT for the registration trustee, and 2% plus VAT in agency commission if you buy through a broker rather than direct. Worked at the 2 BHK starting price of AED 8,400,000: AED 2,520,000 on booking (about Rs 6.49 crore), AED 3,360,000 through construction (about Rs 8.65 crore), AED 2,520,000 at handover, plus AED 336,000 in DLD fee (about Rs 86.5 lakh), AED 40 Oqood and about AED 4,000 trustee fee - roughly AED 8,740,000 all in, about Rs 22.51 crore, before any broker commission. Service charges are not published for this tower. Business Bay's community average is about AED 14.75 per sq ft a year, with most towers at AED 15 to 25; a 557 m branded tower with private pools, a concierge and a high-speed lift core will sit well above that band. At AED 30 per sq ft on a 3,263 sq ft suite that is about AED 98,000 a year. Get the estimate in writing before you sign. Final as per the SPA.

Specifications

The tower is sold as branded 'villas in the sky'. Quarter-floor suites are the Sapphire (2 BHK, from 185 sq m), Emerald (3 BHK, from 278 sq m) and Ruby collections; half-floor units are the sky mansions; the top of the tower carries the Fleurs de Jardin and Astronomia penthouses and a two-floor Billionaire penthouse with at least seven bedrooms, a cinema, an infinity pool, a gym, several dining rooms, staff and chauffeur rooms, a massage room and a snooker lounge. Listings quote balconies, built-in wardrobes, central air conditioning, covered parking, kitchen appliances, walk-in closets and private pools on many units, with a Jacob & Co design language in the crown and the interiors. Building amenities quoted: concierge and butler services, an infinity pool, a spa and gym, private chauffeur and bodyguard services, a day-care centre and a private club. Exact finishes, appliance brands and the parking count per unit are not itemised by any source we found. Final as per the SPA.

💬 Our View

This is the most ambitious residential building in Dubai, and the way to buy it is with your eyes open on two things: the date and the price per sq ft. On the date, the 2026 handover is gone. Above-ground work started in February 2025, progress was 23% in early 2026, and the developer's latest schedule is Q4 2027 for a tower nobody has built to this height before. Budget for 2028. On price, AED 8.4 million for the entry 2 BHK is AED 2,575 per sq ft on the broker size and AED 4,220 on the developer's 185 sq m, against a Business Bay resale average of about AED 2,090. That premium buys the tallest residential address in the world, a Jacob & Co brand and canal views from a quarter-floor plate; it does not buy yield, and it will not buy a cheap service charge. The resale market is already active, with 87 listings on Bayut and asks from AED 5.88 million, which cuts both ways: there is liquidity, and there are sellers below the developer's price. For a wealthy NRI or a Golden Visa buyer who wants one trophy address in Dubai and does not need the rent, this is a credible long hold from a developer with a real delivery record. For a resident Indian on LRS, or anyone underwriting on 6% yields, it is the wrong product.

Frequently Asked Questions

What is the starting price at Burj Binghatti Jacob & Co Residences? +
AED 8.4 million (about Rs 21.63 crore) for a 2 BHK Sapphire suite and AED 10 million (about Rs 25.75 crore) for a 3 BHK Emerald suite, on the developer's own listing and Metropolitan. Penthouses are on request. Bayut resale asks run from AED 5.88 million to AED 31.6 million.
What is the payment plan for Burj Binghatti Jacob & Co Residences Business Bay Dubai? +
70/30: 30% on booking, 40% during construction and 30% on handover. On the AED 8.4 million 2 BHK that is AED 2.52 million down (about Rs 6.49 crore), AED 3.36 million through the build and AED 2.52 million at handover. The construction instalments may be milestone-linked; the SPA settles it.
When is handover for Burj Binghatti Jacob & Co Residences Business Bay Dubai? +
It has moved. The source listing prints Q2 2026, most brokers Q4 2026, and a 2026 Arabian Business report says Binghatti has scheduled completion for Q4 2027. Above-ground work began in February 2025 and progress was 23% in early 2026, so the 2026 dates are behind us. We work to December 2027 and would plan for 2028.
Is the project registered with the Dubai DLD, and what is the escrow bank? +
As an off-plan sale in Dubai it must be registered with the DLD and take payments into a project escrow account. Neither the project number nor the escrow bank is published by the sources we checked; the number on broker adverts is an advertising permit, not the project number. Ask Binghatti for both and check them on the Dubai REST app before you pay.
Does Burj Binghatti Jacob & Co Residences Business Bay Dubai qualify for a Golden Visa? +
Yes. The AED 2 million property threshold is met four times over by the AED 8.4 million entry price. Dubai accepts off-plan purchases from approved developers and tests the equity you hold outside any mortgage, so keep the Oqood registration and payment receipts together.
What rental yield can I expect at Burj Binghatti Jacob & Co Residences Business Bay Dubai? +
Business Bay averages about 5.5% gross on DLD data, with brokers quoting 6 to 8% for mid-market towers. A branded AED 8.4 million 2 BHK will not reach that; trophy homes rent for far less per dirham of price. Buy it for the asset and treat rent as a bonus.
What are the service charges at Burj Binghatti Jacob & Co Residences Business Bay Dubai? +
Not published. Business Bay averages about AED 14.75 per sq ft a year; a 557 m tower with private pools, a concierge and a spa will cost far more to run. At AED 30 per sq ft on a 3,263 sq ft suite that is about AED 98,000 a year. Ask for the estimate in writing.
Can an Indian citizen buy here, and does LRS allow it? +
Yes, Business Bay is freehold and the DLD registers the title. Funding is the issue: the 2 BHK is about USD 2.29 million and the 30% booking about USD 686,000, while LRS allows USD 250,000 per person a year. A resident Indian needs several family members remitting over several years, or a UAE mortgage. NRIs paying from income earned abroad are not bound by LRS.
How reliable is Binghatti on delivery? +
Good on its core product: more than 12,500 homes delivered by end 2025 and about 1,700 in the first half of 2026. Less proven on supertall branded towers: Bugatti Residences, sold for December 2025 handover, was not confirmed delivered by September 2026, and this tower has moved from June 2026 to Q4 2027. Judge the tower by its own progress.
✍️ Author: Realty Hunting Editorial Team ✅ Reviewed by: Realty Hunting Expert Team 🕑 Last Updated: 04 Oct 2026 📍 Site Visit: On request 🔎 Research-based

Final Verdict

A trophy, not an investment case: buy it if the address and the brand are what you want, and only if a 2028 handover and a six-figure service charge do not change your mind. Verify the project number and escrow account on the Dubai REST app, get the DLD suite area for the exact unit so you know the true price per sq ft, compare the developer's AED 8.4 million with the resale asks on Bayut and Property Finder, and get the current construction percentage in writing before you pay the 30% booking.

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