Dubai-based Binghatti Developers, one of the leading real estate development companies in the UAE, unveiled its summer 2018 offers and promotions for its latest hotel-inspired project, Millennium Binghatti Residences.
Both end-users and investors will be able to benefit from competitive price offers and payment plans for the waterfront project Millennium Binghatti Residences in Business Bay. The enticing exclusive offers include living rent free in one of Binghatti Developers’ buildings until Millennium Binghatti Residences’ handover, no service charges for the first year, and other limited offers for the summer season.
Inspired from the Millennium Hotels and Resorts and consisting of 230 residential units including Studio, one-Bedroom and two-Bedroom apartments, this 29-story waterfront project is currently being constructed along Dubai’s Water Canal in Business Bay and is expected to be completed by December 2019.
The building’s balconies are designed with a slight twist to provide a pleasant amount of sunlight, incredible views of Dubai’s Water Canal and skyline, and architectural ornamentation. To magnify this design element, certain floors were repositioned to give the building its iconic wavy appearance, conceptualized as a tribute to Dubai’s historic ties to the Arabian Gulf.
The result of this design process is a uniquely modern reinterpretation of traditional ideas that are still relevant to the regional culture and harsh climatic environment of the scorching desert of Dubai. With a fresh take on historical ideas, Millennium Binghatti Residences is a rare example of vernacular architecture that has often been overlooked in the pursuit of modernism in Dubai.
Millennium Binghatti Residences features several hotel-inspired lifestyle amenities such as a health club, swimming pool, jacuzzi, panoramic lifts, covered parking, landscaped garden, in addition to various services which include grocery, housekeeping, concierge, daycare, catering, laundry services, as well as 24/7 maintenance hotline.
This tower is located in Business Bay, Dubai’s most in-demand community which has accumulated 1,934 transactions, amounting to AED 4.2 billion during the first six months of 2018. This cosmopolitan and rapidly growing community is located at the heart of Dubai and seamlessly blends high-rise residential, commercial, retail, and entertainment destinations together in one of the most premium locations in Dubai.
The project’s location ensures that residents are just minutes away from major destinations and landmarks of Dubai such as Downtown Dubai, Safa Park, Dubai International Financial Centre, Meydan, City Walk, Dubai Design District, Zabeel Palace, World Trade Centre, Kite Beach, La Mer, Dubai Frame, and Dubai International Airport.
The building sits directly on the Dubai Water Canal waterfront, which allows it to offer unobstructed views of the iconic Dubai Skyline and Burj Khalifa.
Within a short time-frame, Binghatti Developers has proven itself as a more-than-typical alternative to some of the largest market players, as it is appealing to end-users as well as investors who are aware of the attractive rental yields in Business Bay, the quality of materials used in the project, as well as the company’s timely delivery of projects.
