Binghatti to Build $6.8B Master-Planned Community in Dubai

Binghatti Holding has acquired a major freehold land parcel in Nad Al Sheba 1, within the prominent Meydan district. The newly acquired site will host the company’s first fully master-planned residential community—an expansive development with a projected value of over $6.8 billion USD (AED 25 billion).

The project marks a strategic evolution in Binghatti’s portfolio, transitioning from luxury high-rise towers to large-scale, horizontal communities that offer a more integrated lifestyle experience.

Prime Location in Meydan District

The land spans over 8 million square feet of gross floor area, strategically located in Nad Al Sheba 1. This area is known for its accessibility to central Dubai and major highways such as Al Khail Road and Sheikh Mohammed Bin Zayed Road. It is also adjacent to popular landmarks like the Meydan Racecourse and the upcoming Meydan One Mall.

The site is expected to be developed into a well-connected, sustainable urban neighborhood offering a mix of residential, recreational, and lifestyle elements.

A New Era for Binghatti

Traditionally known for its branded high-rise projects—such as Bugatti Residences, Mercedes-Benz Places, and Burj Binghatti Jacob & Co.—this marks Binghatti’s first move into community-scale real estate development.

Muhammad BinGhatti, Chairman of Binghatti Holding, shared his vision for the project:

“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. Our solid financial foundation has allowed us to self-fund this acquisition, which reflects our ambition to deliver a transformative project that sets a new benchmark for integrated living in Dubai.”

Features and Future Plans

Although masterplan details have yet to be formally unveiled, the development is expected to feature a mix of residential units, retail space, green landscapes, and community facilities. Designed with a people-first approach, the goal is to create a walkable, wellness-driven lifestyle environment that balances luxury with functionality.

Binghatti aims to align the project with Dubai’s long-term urban vision, supporting sustainability and smart city integration while catering to the evolving demands of investors and end-users.

Rapid Expansion Across Dubai

Binghatti is already one of Dubai’s most active developers, with nearly 20,000 units under development across about 30 projects. These are located in key districts such as Downtown Dubai, Business Bay, Jumeirah Village Circle, Al Jaddaf, and Dubai Science Park.

The new master-planned project in Nad Al Sheba will significantly expand the company’s footprint while diversifying its offerings beyond its current tower-led developments.

Market Significance

The launch of a $6.8 billion master community sends a strong signal to the market about Binghatti’s long-term confidence in Dubai's real estate sector. It also highlights growing interest in large-scale suburban developments, which offer space, privacy, and infrastructure that appeal to both regional and international buyers.

With demand rising for integrated living spaces that provide access to everything from education to healthcare and recreation, the Nad Al Sheba project is positioned to capture a wide demographic.