Binghatti Skyrise Tower 1

P3 — Under Development Off-Plan Primary
Developer Binghatti Holding Limited
Community Business Bay
Property type Apartment
Data updated Mar 23, 2026

Binghatti Skyrise Tower 1 is a Under Development development by Binghatti Holding Limited in Business Bay. 989 units across Studio (69%), 1 Bedroom (29%), 2 Bedroom (1%). Over the trailing 12 months, 1,002 sales at a median of AED 1,449,999.

Key Metrics
Median Price
Value
AED 1,449,999
Change
20.8% YoY
Transactions
Value
1,002
Change
595 in period
Price / sqft
Value
AED 2,717
Handover Status
Value
P3
Change
Under Development
Median Price
AED 1,449,999
↑ 20.8% YoY
Transactions
1,002
↑ 595 in period
Price / sqft
AED 2,717
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
2.8%
Community avg
Holding Period
Value
4.7 yrs
Community avg
Ready Market Mix
Value
6.3%
Community avg
Capital Return
2.8%
Community avg
Holding Period
4.7 yrs
Community avg
Ready Market Mix
6.3%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 679 units · 69%
1 Bedroom 288 units · 29%
2 Bedroom 12 units · 1%
3 Bedroom 10 units · 1%

Transaction Breakdown

All time — 1002 transactions
Off-Plan Primary
993
Off-Plan Secondary
9

Price History

Median Price — Binghatti Skyrise Tower 1

Median prices in Binghatti Skyrise Tower 1 have risen sharply, up 87% from AED 1.2M to AED 2.3M over the past 12 months.

Recent Transactions

Showing last 10 of 1002
Date Type Price (AED) Size (sqft) AED/sqft
Mar 23, 2026 OP Primary 2,544,999 830 3,063
Mar 12, 2026 OP Primary 2,287,499 762 3,000
Mar 11, 2026 OP Secondary 1,010,000 422 2,391
Feb 17, 2026 OP Primary 5,449,999 1,766 3,085
Feb 13, 2026 OP Primary 1,312,499 449 2,920
Feb 11, 2026 OP Secondary 1,976,249 849 2,327
Feb 06, 2026 OP Secondary 1,030,000 434 2,373
Jan 28, 2026 OP Primary 3,129,999 1,021 3,062
Jan 21, 2026 OP Primary 1,499,999 434 3,456
Jan 13, 2026 OP Primary 1,299,999 422 3,078

This project is in Business Bay

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