Binghatti Launches AED 25B Master Community in Meydan Dubai
Binghatti Breaks New Ground with Landmark AED 25 Billion Master Community in Dubai
In a bold move set to reshape Dubai’s residential landscape, Binghatti Holding Ltd. has acquired a massive freehold plot exceeding 8 million square feet in Nad Al Sheba 1, laying the foundation for its first-ever master-planned residential community.
Valued at over AED 25 billion ($6.8 billion), the project represents a major step in Binghatti’s ambitious growth trajectory. Located in the heart of Meydan, the new development promises an elevated lifestyle with seamless access to major highways and close proximity to Dubai’s iconic attractions — from Downtown to DIFC.
The site, formerly home to the historic Nad Al Sheba Racecourse, blends prestige with potential. The new project will bring together upscale living, green design, and integrated community planning — redefining modern urban life in Dubai.
“This acquisition marks a milestone in our journey,” said Muhammad BinGhatti, Chairman of Binghatti Holding. “Our strong financial framework and vertically integrated approach enable us to take on transformative projects like this — setting new standards for what it means to live well in Dubai.”
Currently, Binghatti is managing 20,000+ units across 30 projects in prime residential districts such as Downtown Dubai, Business Bay, JVC, and more. Known for their partnerships with brands like Bugatti, Mercedes-Benz, and Jacob & Co., Binghatti’s properties have attracted elite clientele, including international stars like Neymar Jr. and Andrea Bocelli.
With this landmark development, Binghatti is expanding its portfolio from high-rise luxury towers to expansive master communities — a strategic evolution that reflects the brand’s long-term vision for the emirate.
