Binghatti Acquires Mega Plot In Meydan For AED 25 Billion Master-Planned Community - Construction Business News Middle East

Binghatti Acquires Mega Plot In Meydan For AED 25 Billion Master-Planned Community - Construction Business News Middle East

Binghatti Holding Ltd., has acquired over 8 million sq ft of freehold land in Nad Al Sheba 1, marking its bold entry into large-scale community development Written by Reeba Asghar Binghatti Holding Ltd., the award-winning real estate powerhouse renowned for its luxurious branded residences, has announced the acquisition of a landmark freehold plot spanning over 8 million square feet in Nad Al Sheba 1, within Dubai’s prestigious Meydan district. …

Binghatti Holding Unveils $6.8 Billion Master-Planned Community in Dubai as Part of Expansion Drive - PropertyNews.ae

Binghatti Holding Ltd., a luxury real estate developer located in Dubai, declared that it had purchased freehold land with a gross floor area of more than 8 million square feet, with an estimated total development value of more than AED25 billion ($6.8 billion). According to a statement, the site will be utilized for the company’s first extensive master-planned residential development in the Emirate. The site has been set aside for a ground-brea…