Binghatti Diamonds
About the project
(sq. ft.)
Binghatti Diamonds is an 11-storey residential complex located in Dubai Silicon Oasis. The project was developed by Binghatti Developers and was commissioned in 2015.
Properties include studios and one- to two-bedroom apartments that range in size from 445 sq. ft. (42 sq. m) to 1,350 sq. ft. (125 sq. m). Units are available to buy and rent. Apartments have large balconies and fully equipped kitchens.
Residents can enjoy a variety of amenities and services, including:
- Five-storey parking area with at least one space per unit
- Techno Gym
- Swimming pool
- Jacuzzi
- Children’s playground
- Public terrace overlooking the Dubai Silicon Oasis
- High-speed lifts
- 24-hour security services
- 24-hour concierge services
Property Information
- Location Dubai Silicon Oasis, Dubai, UAE
- Developer Binghatti
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR
- Area from 445 sq. ft.
Location
The nearest bus stop, Silicon Oasis, is located within a 10-minute walk of the complex. Copper Kettle, an upscale restaurant, can be reached within a five-minute walk. Al Madina Mart, Choithrams, Green Park Supermarket, Zaal Grocery, and Al Maya Supermarket are situated within a five-minute drive.
Dubai Airport can be reached within a 20-minute drive. The nearest hospital, Nad Al Sheba Health Centre, is situated within a 10-minute drive. GEMS Wellington Academy can be reached within a 10-minute walk, and Academic City is located within a five-minute drive.
The building is situated within a 15-minute drive of several popular destinations, including:
- IMG Worlds of Adventure
- Dubai Outlet Mall
- Global Village Fair
Payback
Dubai Silicon Oasis has a mix of commercial and residential developments. The area is a free economic zone. It is home to dozens of international technology companies, and employees of those companies typically prefer to live near their workplace. As a result, properties in Binghatti Diamonds are in demand among tenants and investors. Properties have a return on investment rate of 6%.
Studios and apartments can be purchased to subsequently rent out on a long-term basis, which can generate an income. The annual rental rate for a studio starts at AED 27,000 (USD 7,000), and the average annual rental rate for a two-bedroom apartment is AED 56,000 (USD 15,000). The estimated payback period on investments ranges from 15 to 20 years.
*The price is valid for 2021
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[email protected]
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+971 4 428 6111
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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