Burj Binghatti Jacob & Co Residences Business Bay Dubai
● Business Bay
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
| 0 | Burj Binghatti Jacob & Co Residences Business Bay Dubai |
| 1 | Binghatti Developers (Binghatti Holding), with Jacob & Co |
| 2 | Business Bay |
| 3 | Residential |
| 4 | 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) |
| 5 | AED 8.4 M (about Rs 21.63 Cr) onwards |
| 6 | Under Construction |
| 7 | 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
| Configuration | Size | Price | Best for |
|---|---|---|---|
| Residential | 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) | AED 8.4 M (about Rs 21.63 Cr) onwards | Families & end-users |
Prices are indicative. Confirm the latest cost sheet with us.
Floor Plan, Master Plan & Brochure
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
| Project | Burj Binghatti Jacob & Co Residences, Business Bay, Dubai |
| Developer | Binghatti Developers (Binghatti Holding), branded with Jacob & Co |
| Community | Business Bay, on the Dubai Canal, next to Downtown Dubai |
| Tower | 557 m, 104 floors plus 7 basements (one source says 105); about 304 homes |
| Configurations | 2 BHK Sapphire and 3 BHK Emerald suites, half-floor sky mansions, penthouses |
| Sizes | Developer: 2 BHK from 185 sq m, 3 BHK from 278 sq m. Brokers: 3,263 to 11,796 sq ft, apparently including terraces |
| Starting price | AED 8.4 million (about Rs 21.63 crore) for a 2 BHK; AED 10 million for a 3 BHK |
| Payment plan | 70/30: 30% on booking, 40% during construction, 30% on handover |
| Handover | Q2 2026 (source listing), Q4 2026 (brokers), Q4 2027 (latest report); we work to December 2027 |
| Status | Under construction; above-ground work from February 2025; 23% on an early 2026 tracker |
| DLD registration | Registered with the Dubai Land Department (DLD); project number and escrow bank not published by the sources checked |
| Ownership | Freehold, 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.
| Unit | Size | From (AED) | In rupees (at 25.75) | Implied rate |
|---|---|---|---|---|
| 2 BHK Sapphire suite | 185 sq m (about 1,990 sq ft) per developer; 3,263 sq ft per brokers | 8,400,000 | About Rs 21.63 crore | AED 2,575 per sq ft on 3,263 sq ft; AED 4,220 on 1,990 sq ft |
| 3 BHK Emerald suite | 278 sq m (about 2,990 sq ft) per developer | 10,000,000 | About Rs 25.75 crore | About AED 3,340 per sq ft |
| Sky penthouse (broker quote) | Two floors, 7+ bedrooms | 175,000,000 | About 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.
| Item | Basis | AED | Rupees (at 25.75) |
|---|---|---|---|
| Price | 2 BHK Sapphire entry price | 8,400,000 | About Rs 21.63 crore |
| Booking | 30% | 2,520,000 | About Rs 6.49 crore |
| Construction instalments | 40%, milestone-linked | 3,360,000 | About Rs 8.65 crore |
| Handover payment | 30%, on completion | 2,520,000 | About Rs 6.49 crore |
| DLD transfer fee | 4% | 336,000 | About Rs 86.5 lakh |
| Oqood registration | Fixed | 40 | About Rs 1,030 |
| Registration trustee | Fixed, plus VAT | About 4,000 | About Rs 1.03 lakh |
| Total to own | Direct from the developer | About 8,740,000 | About 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.
| Charge | AED | Your 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 4,000 below AED 500,000 and AED 4,200 above, plus 5% VAT; 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?
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?
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 it 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?
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?
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: Davinci Tower (from AED 5.5 M, ready), The Vogue (from AED 3.9 M, ready), Deyaar DWTN Residences (from AED 1.86 M, handover 2029) and Urban Life Residences (from AED 1.65 M, off-plan). See every Business Bay project with prices and handover dates.
More by Binghatti Developers: Binghatti Aquarise (from AED 1.15 M, handover 2027) and Binghatti Hills (from AED 777,777, handover 2027).
A similar budget elsewhere in Dubai: Danube Viewz (from AED 8.32 M, off-plan) and Luce Apartments (from AED 7 M, off-plan).
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.
Amenities
- ✓ Clubhouse
- ✓ Multipurpose Hall
- ✓ 24x7 Security
- ✓ Power Backup
- ✓ Car Parking
- ✓ Indoor Games
- ✓ Gymnasium
- ✓ Jogging Track
- ✓ Kids Play Area
- ✓ Landscaped Gardens
- ✓ Swimming Pool
- ✓ Yoga & Meditation Area
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
Density & Open Space
Density (homes per acre) tells you how open or packed a project feels. Ask us and we will tell you the exact figure for this one, plus the open-area share, so you know how spacious it really is.
Pros & Cons
- +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
- –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
- +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
- –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
Is It Right For You?
Steady rental demand and active resale in Business Bay make it a sensible medium to long-term hold. Get a good entry price and the maths works better.
Larger layouts, amenities and a settled neighbourhood suit families who actually want to live here, not just invest.
A RERA-registered project from a known builder is the safer pick when buying from abroad. We handle paperwork and updates remotely.
Schools, parks, security and open areas keep day-to-day family life easy.
Green areas and nearby healthcare help — ask us about lower-floor units for easier access.
Is Burj Binghatti Jacob & Co Resi... Worth Buying?
Yes, for the right buyer. Early pricing now, with value as it nears handover. Just compare the exact unit and price with one nearby option first.
Short answer — yes, it is worth a serious look if you want a home in Business Bay from a builder with a real track record. Buying early gets you a better price than ready stock, with the upside as it nears handover. It is not the cheapest option in the area, so it fits buyers who value the builder, location and amenities over the lowest sticker price. Compare the exact unit with one nearby project, lock the live cost sheet with us, and you will know if it is right for you.
- →You want a long-term home or hold from a builder with a track record
- →You are fine waiting for handover in return for better pricing
- →Location, build quality and amenities matter more to you than the lowest sticker price
- →You need the cheapest option in the area
- →You need to move in right away
- →You are chasing quick, short-term resale gains
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.
Investment Analysis
Why people look at Burj Binghatti Jacob & Co Residences Business Bay Dubai for investment is simple — it is in Business Bay, and this part of Business Bay has seen steady demand from both end-users and investors. Good road links, nearby offices and schools usually keep rentals healthy and resale active. Since it is still under construction, entry prices are lower than ready stock, which is what early buyers count on. That said, treat any price or return figure as a guide and confirm the current cost sheet with us before you decide.
Price Analysis
The starting price of about AED 8.4 M (about Rs 21.63 Cr) is in line with what Business Bay asks today for this kind of project. What you actually pay shifts with the floor, view, facing and unit size, plus any offer running at the time.
Treat the listed figure as a starting point, not the last word. Ask us for a unit-wise cost sheet so you see the real, all-in number before you decide.
Payment Plan Explained
Dubai off-plan is sold on a split written as two numbers. A 10/90 or 20/80 plan takes that much on booking and the rest at handover, which suits a buyer arranging a mortgage at completion; a 60/40 is the common structure, with 10% to 20% on booking, 40% to 50% across construction milestones and 40% at handover; a 70/30 puts more in the middle and leaves a smaller final cheque. A post-handover plan spreads the balance over one to three years after you have the keys, so rent can help pay it. Two questions settle whether a plan is as good as it looks: is the construction portion tied to milestones or to dates - milestones are better, because they stall if the building stalls - and what does the sale and purchase agreement say happens if you miss an instalment. Your money sits in a DLD-approved escrow account and is released against construction.
Which one suits you depends on whether you are buying to live in or to invest, and on your loan. We can lay out the exact plans on offer and what each costs you.
Hidden Charges to Budget For
Beyond the base price, budget 6% to 7% of the price in fees. The Dubai Land Department takes 4% on every transfer; registration at a trustee office is AED 4,200, or AED 2,100 under AED 500,000; the title deed is AED 580, or AED 40 to register an off-plan contract on Oqood; and a resale usually carries an agency fee of about 2% plus 5% VAT, where a purchase direct from the developer normally carries none. There is no GST and no stamp duty, and the sale of a home does not attract VAT. A mortgage adds about 0.25% of the loan plus AED 290 to register, an arrangement fee and a valuation. After handover the running cost is the service charge - roughly AED 10 to 32 per sq ft a year for apartments and AED 14 to 40 for villas - with no annual property tax on top.
None of this is truly hidden once you see a full cost sheet, but it adds up. Ask us for the complete break-up so the final figure is clear from day one.
Maintenance Cost
Maintenance is billed per square foot every month and depends on the amenities and upkeep level — bigger clubs and more facilities usually mean a slightly higher rate.
We will share the current maintenance rate for this project, along with the one-time maintenance deposit, when you reach out.
Rental Yield
Residential rental yields in Business Bay are high by world standards: Dubai's citywide gross sits at about 6% to 8%, with the mid-market communities - JVC, Arjan, Dubai Silicon Oasis and Dubailand - running 8% to 9.5% and the premium addresses, Downtown and Palm Jumeirah, 4% to 6%. Net is 1.5 to 2.5 points below gross once the annual service charge and about 6% management are paid, so a 9% headline in a mid-market tower settles near 6%, and a 5% in Downtown nearer 3.5%. Ask for the building's own service charge per sq ft before you trust any yield quoted to you.
If rental income is your main aim, tell us your budget and we will point you to the configurations that rent out fastest here.
Resale Potential
Resale demand in Business Bay is generally active because the corridor stays in demand with both end-users and investors. A known builder and a good location usually make a unit easier to sell later.
Resale value still comes down to the exact unit, floor and the market at the time, so buy at a sensible price and the resale side tends to look after itself.
Handover Risks
Since it is still being built, there is always some chance of a timeline shift. The plus point is that RERA-registered projects carry committed dates and clear compensation rules for delay.
Before booking, check the RERA possession date and the delay clause. We will also share the builder's track record on delivery so you go in with eyes open.
Bank Loan Availability
Home loans here are generally easy to arrange, since leading banks usually approve known builders and RERA-registered projects. Banks typically fund up to roughly 75 to 90 percent of the cost based on your profile.
We can connect you with loan partners, help with eligibility and paperwork, and line up a competitive interest rate.
Construction Updates
The project is currently under construction. The build stage and finishing change month to month.
For the latest site progress — slab status, finishing or possession readiness — call or WhatsApp us and we will share the most recent update from the ground.
Burj Binghatti Jacob & Co Resi... vs Binghatti Aquarise Business Ba...
| Compare | Burj Binghatti Jacob &... | Binghatti Aquarise Bus... |
|---|---|---|
| Developer | Binghatti Developers (Binghatti Holding), with Jacob & Co | Binghatti Developers |
| Location | Business Bay | Business Bay |
| Type | Residential | 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) | About 423 - 3,127 sq ft (saleable, per the portals) |
| Starting Price | AED 8.4 M (about Rs 21.63 Cr) onwards | AED 1.15 M (about Rs 2.96 Cr) onwards |
| Status | Under Construction | Under Construction |
| DLD | 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. | Registered with the Dubai Land Department (DLD); project number not published by the sources checked — verify on the Dubai REST app before paying a booking amount. |
A quick side-by-side with a nearby project. Prices & details are indicative — confirm with us.
See the full Burj Binghatti Jacob &... vs Binghatti Aquarise Bus... comparison →Comparison Matrix
| Feature | Burj Binghatti Jacob... | Binghatti Aquarise B... | Century Business Bay... | Danube Bayz 102 Busi... |
|---|---|---|---|---|
| Developer | Binghatti Developers (Binghatti Holding), with Jacob & Co | Binghatti Developers | AMBS Real Estate Development | Danube Properties |
| Location | Business Bay | Business Bay | Business Bay | Business Bay |
| Starting Price | AED 8.4 M (about Rs 21.63 Cr) onwards | AED 1.15 M (about Rs 2.96 Cr) onwards | AED 730.0 K (about Rs 1.88 Cr) onwards | AED 1.27 M (about Rs 3.27 Cr) onwards |
| Type | Residential | Residential | Residential | Residential |
| Status | Under Construction | Under Construction | Under Construction | Under Construction |
| DLD | 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. | Registered with the Dubai Land Department (DLD); project number not published by the sources checked — verify on the Dubai REST app before paying a booking amount. | Registered with the Dubai Land Department (DLD); project number not published by the sources checked — verify on the Dubai REST app before paying a booking amount or buying a resale. | Registered with the Dubai Land Department (DLD); project number not published by the sources checked — verify on the Dubai REST app before paying a booking amount. |
Locality Review
Business Bay is a settled Dubai address. Day-to-day life is easy here - schools, clinics, supermarkets and a mall or retail strip are inside or beside the community, and the road grid connects to Downtown, DIFC, Dubai Marina and both airports. Freehold ownership, no annual property tax and a large tenant pool are what hold demand. It suits a buyer who wants an established community rather than a plot in a district still being built.
Scores are indicative, based on the locality.
Location Map
Nearby Landmarks & Connectivity
Connectivity is indicative. Ask us for exact distances and drive times.
The main thing to weigh is this — 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. It is not a deal-breaker for most buyers, but worth factoring in. Tell us your plan and we will say honestly whether it matters for you.
For the long term, Business Bay has the basics investors look for — steady demand, improving roads, and a healthy mix of end-users and tenants. A home from a known builder in this corridor usually holds value and has room to grow over a 5 to 10 year horizon. It suits patient, long-term buyers more than anyone chasing a quick flip. The entry price you get decides how good the return looks, so confirm the live rate with us first.
It suits long-term buyers and investors who are fine waiting for handover in exchange for lower entry pricing, and anyone who wants a home from a trusted builder in Business Bay.
At around AED 8.4 M (about Rs 21.63 Cr) to start, it is priced in line with the Business Bay market for this kind of home. Whether it is worth it depends on the exact unit and the running offer — we will help you compare before you commit.
An honest read on livability, builder trust, investment potential and value — scored by our team, not the builder.
About 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.
Payment Plan
Specifications
💬 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.
We track Business Bay closely, and Burj Binghatti Jacob & Co Residences Business Bay Dubai is one of the homes buyers ask about often. Our honest take: weigh the developer, the exact unit, and the price you get against nearby options before you commit. We are not here to push one project — we help you compare and pick what fits your budget and plan. For the live price and a clear comparison, just reach out.
Common Concerns, Answered
Premium projects in Business Bay do sit higher, but you pay for the builder, location and build quality. Compare the price per sq ft with one nearby project and it usually adds up — we will run that for you.
It is RERA-registered, so there is a committed date and compensation rules if the builder slips. We will share the delivery track record so you can judge the risk.
Maintenance is per sq ft per month and scales with amenities. We give you the exact rate up front so it is in your budget, not a surprise.
Resale in Business Bay stays active on steady demand. A known builder and a good unit make selling later easier.
Loading (the gap between saleable and carpet area) varies by project. Ask us for the exact carpet area of the unit you like so you compare like for like.
Yields here are modest but steady, helped by nearby offices and schools. If rent is your goal, we will point you to the units that lease out fastest.
Frequently Asked Questions
What is the starting price at Burj Binghatti Jacob & Co Residences? +
What is the payment plan? +
When is handover? +
Is the project registered with the Dubai DLD, and what is the escrow bank? +
Does it qualify for a Golden Visa? +
What rental yield can I expect? +
What are the service charges? +
Can an Indian citizen buy here, and does LRS allow it? +
How reliable is Binghatti on delivery? +
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.
Nearby Competing Projects
DAMAC Towers by Paramount Business Bay Dubai
Business Bay
Residential
Urban Life Residences Business Bay Dubai
Business Bay
Residential
DAMAC Towers by Paramount Business Bay Dubai
Business Bay
Residential
Urban Life Residences Business Bay Dubai
Business Bay
Residential