Katralnada BinGhatti, Chief Executive Officer of Binghatti Holding, commented:
“Binghatti’s inaugural Green Sukuk marks a pivotal milestone in our sustainability journey, reinforcing our position as one of the region’s most dynamic and responsible developers. The strong demand and investor trust shown in the USD 500 million issuance highlights our uniqueand highly profitable business model, a vertically integrated platform combining rapid growth with a strong commitment to green and sustainable development.”
Shehzad Janab, Chief Financial Officer of Binghatti Holding, commented:
“Building on the phenomenal momentum of our July 2025 five-year sukuk—oversubscribed by more than five times—we are delighted by the overwhelming support from the global investor community. The strong demand from both the green and conventional liquidity pools is a testament to the Dubai real estate story and Binghatti’s unique market position.”
Binghatti Holding’s H1 2025 net profit more than tripled to AED 1.82 billion, driven by resilient demand for Dubai real estate. The Group’s total sales reached AED 8.8 billion, with revenue climbing 189% YoY to AED 6.3 billion.
The Group launched seven new projects and delivered five developments in H1 alone, handing over 15 projects in the last 18 months. Its AED 12.5 billion revenue backlog and over AED 70 billion development portfolio positions it as one of Dubai’s leading developers. Binghatticurrently has ca. 20,000 units under development across 30 projects in prime Dubai locations including Downtown, Business Bay, Jumeirah Village Circle, and Meydan as well as its flagship branded residences in collaboration with luxury partners Bugatti, Mercedes-Benz and Jacob & Co.
The company’s development pipeline was further reinforced by the recent acquisition of ca. 9 million sq. ft. mega plot in Nad Al Sheba 1, which will host Binghatti’s first master-planned community, with a projected development value of over AED 25 billion.
