Binghatti Onyx Property Development By Binghatti Developers FZE

Last Updated on: 19th November 2024, 02:06 pm

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Binghatti Onyx is a premier property development by Binghatti Developers FZE, making waves in Dubai’s vibrant Jumeirah Village Circle (JVC). This luxury real estate development features stunning 1 and 2-bedroom apartments, showcasing modern architecture and a community-oriented lifestyle. Ideal for both investors and homebuyers, Binghatti Onyx emphasizes convenience and elegance while offering exceptional living standards. With a strategic location in JVC, residents enjoy easy access to essential amenities and attractions within Dubai, solidifying its reputation as a highly sought-after investment in the realm of high-end residential developments. Binghatti Developers FZE is recognized for their high-quality construction and innovative designs, leading the charge in Dubai’s competitive real estate market¹².

Key Takeaways

• Binghatti Onyx features modern 1 and 2-bedroom apartments.
• The strategic location in JVC offers easy access to Downtown Dubai and numerous amenities.
• Investors can expect strong ROI, with potential profits of 10% to 20% upon reselling.
• Payment plans available for flexibility in financial planning.
• Binghatti Developers FZE is a recognized leader in Dubai’s luxury property sector.

Overview of Binghatti Onyx

Binghatti Onyx stands as a significant accomplishment in the realm of modern architecture design, embodying the pioneering spirit of Binghatti Developers FZE. As a prominent name in the Dubai real estate market, Binghatti Developers has consistently delivered luxurious and innovative residential solutions. This 41-storey residential building is located in the heart of Jumeirah Village Circle (JVC) District 15, comprising an estimated 449 units with a mix of one- and two-bedroom apartments along with 11 retail units³.

Introduction to Binghatti Developers FZE

Founded with a vision to enhance the Dubai skyline, Binghatti Developers is known for its commitment to quality and customer satisfaction. The company emphasizes modern architecture design and has crafted numerous successful Binghatti Developers projects that redefine luxury living. Their approach integrates sustainable practices while focusing on attractive design, making them a leader in the competitive Dubai real estate market.

Location Advantages in Jumeirah Village Circle (JVC)

The strategic location in Jumeirah Village Circle offers residents of Binghatti Onyx numerous advantages. Situated just 5-6 kilometers from attractions such as Dubai Miracle Garden and Ski Dubai, the complex ensures easy access to various lifestyle amenities. Residents can find supermarkets, restaurants, and transportation options within walking distance, enriching their everyday experiences³. Families benefit from the proximity of reputable schools, with nearly 12 institutions boasting ‘Very Good’ or ‘Outstanding’ ratings in government inspections³.

Project Timeline and Completion Date

Construction of Binghatti Onyx commenced in March 2023, showcasing an efficient project timeline that aligns with modern development standards³. The project features one basement level dedicated to parking and is set to be completed by Q4 2024⁴. With sizes ranging from 620 to 1700 Sq.Ft, the residential complex offers various layouts, catering to diverse preferences and lifestyles⁵. Attractively priced starting from AED 885,000, it presents ample opportunities for investment in the Dubai real estate market⁵.

Binghatti Onyx Amenities and Community Features

Binghatti Onyx Dubai promises a lifestyle filled with luxury living amenities and communal warmth. Its modern design combined with various amenities enhances the living experience for residents. Located in the vibrant Jumeirah Village Circle, the development offers easy access to essential services and recreational options.

Luxury Living Amenities

The Binghatti Onyx development boasts an array of luxury living amenities tailored to meet the needs of its residents. These features include a modern gymnasium equipped with state-of-the-art fitness equipment, a refreshing swimming pool, and a rejuvenating jacuzzi for relaxation. Families will appreciate the dedicated play area within the property, suitable for children’s enjoyment. The beautifully landscaped garden creates an inviting atmosphere for social gatherings and leisure, enhancing the overall community feel of the residence. The apartments showcase high-quality finishes and modern interiors that elevate the living experience, with 1-bedroom apartments offering a cozy space and 2-bedroom apartments providing ample room with contemporary design aesthetics⁶⁴.

Retail and Dining Options Nearby

Residents of Binghatti Onyx are just a stone’s throw away from The Circle Mall, a popular shopping destination in Jumeirah Village Circle. This mall features various retail outlets and dining options that cater to diverse tastes. Proximity to Carrefour Hypermarket and Prostor grocery store, serving the needs of the community, makes shopping convenient. For sports and motorsport enthusiasts, attractions such as the Dubai International Stadium and the Dubai Autodrome are easily accessible, providing exciting entertainment opportunities⁴.

Recreational Facilities and Outdoor Areas

The outdoor areas of Binghatti Onyx are designed with relaxation and leisure in mind. Residents enjoy well-maintained walking paths, BBQ areas, and lounge spaces for gatherings with family and friends, fostering a strong sense of community. Each facility is strategically placed to provide picturesque views of iconic landmarks such as Burj Al Arab, enhancing the allure of this high-end residential development⁶⁴.

Investment Potential of Binghatti Onyx

Investing in the Binghatti Onyx development offers a remarkable opportunity for those looking to enter the dynamic Dubai real estate market. The project is poised to provide an attractive return on investment (ROI) due to its strategic location in Jumeirah Village Circle (JVC) and the robust demand for housing in the area. With approximately 449 units available, Binghatti Onyx showcases a blend of luxury and affordability, distinguishing it among other premium property projects in Dubai.

Strong ROI in Dubai Real Estate Market

The anticipated ROI for property investments in JVC is notably appealing. Two-bedroom apartments are projected to achieve around 8% ROI, making this development a compelling choice for both first-time buyers and seasoned investors looking to maximize their investment potential in the thriving Dubai real estate market⁷.

Payment Plans and Financial Flexibility

Binghatti Onyx provides a flexible payment plan structured as 50% on booking, 20% during construction, and 30% upon project completion. This option enhances the financial accessibility of the project, enabling a wider range of investors to partake in its potential for value appreciation and rental yields⁸⁹.

Unique Selling Points of Binghatti Onyx

Several attributes make Binghatti Onyx stand out in the competitive Dubai real estate market. Located in District 15 of Jumeirah Village Circle, the project facilitates easy access to major landmarks, such as Dubai Hills Mall and Mall of the Emirates, being within a short drive⁸. Furthermore, the development features essential amenities like a swimming pool, gymnasium, and kids’ play area, making it an appealing option for families⁹. With completion scheduled for the fourth quarter of 2024, investors can expect not just a return but also a lifestyle experience that is unmatched in the area⁷.Learn more about Binghatti Onyx

Conclusion

With its impressive offerings, Binghatti Onyx is poised to redefine luxury living in Dubai’s vibrant Jumeirah Village Circle. As a 41-storey residential skyscraper, it features a total of 397 units, catering to diverse preferences with both 1-bedroom and 2-bedroom apartment layouts (A, B, C, and D) ranging from 420 to 1699 sq ft. The strong focus on design excellence and timely delivery is consistent with Binghatti Developers’ reputation, making this project an attractive investment opportunity for potential homeowners and investors alike¹⁰¹¹¹².

The expected handover slated for late 2025, alongside a competitive average annual ROI between 5% and 8.4%, underscores the potential of Binghatti Onyx as a profitable venture¹¹¹². Additionally, the developer’s commitment to customer satisfaction and transparent purchasing processes enhances the appeal for buyers looking for reliability in their investment. For further insights, don’t hesitate to explore more about the incredible offerings from Binghatti Developers by visiting this link.

In summary, Binghatti Onyx represents not just a home, but a lifestyle; combining luxury, community, and architectural distinction in the heart of Dubai. As the company continues to push the boundaries of real estate development, Binghatti Onyx stands as a testament to their vision of transforming the skyline while enriching the lives of its residents¹⁰¹¹.

Source Links

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6. https://www.axcapital.ae/offplan/detail/binghatti-onyx
7. https://off-planproperties.ae/projects/binghatti-onyx-jvc/
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