Developer announces accelerated pace for AED150 million Binghatti Platinum project
Dubai-based Binghatti Developers has announced that it is fast-tracking construction of its AED150 million Binghatti Platinum project.
The accelerated pace will allow the company to deliver the project in January 2019, the developer said in a statement.
The two basement levels, ground, and four residential floors of the 13-storey building have already been completed, it added.
Located at the heart of the Silicon Oasis community, Binghatti Platinum features 170 residential units, including 99 studios, 71 two-bedroom apartments, in addition to four shops.
It also includes a swimming pool, a health club, a children’s play area, and a public terrace.
Binghatti Platinum is among a number of projects that are currently being developed in Dubai Silicon Oasis including Binghatti Stars, Binghatti Crystals, with a total of 981 units being currently developed.
Muhammad BinGhatti, CEO and head of architecture at Binghatti Developers said: "We are very pleased with the progress of construction works in Binghatti Platinum. We have reached a business model that suits all customer segments, including real estate investors, as our speed of projects’ delivery allows investors to realise investment returns in record time through leasing or reselling.
"We consider our commitment to delivery times as a priority, which is a well-known fact solidified by timely deliveries of all Binghatti’s past projects."