Dubai realty experiences robust prosperity

Inayat-ur-Rahman, Business Editor

Binghatti Developers, the Dubai leading real estate developer, and one of the most dynamic and prominent real estate developers in the United Arab Emirates, announced the completion of the “Binghatti Luna” project, which comprises 207 residential units in Jumeirah Village Circle (JVC).

“We take pride in consistently delivering residential project ahead of schedule and it brings me great pleasure to announce the early completion of Binghatti Luna in Jumeirah Village Circle,” said Muhammad Binghatti.

He highlighted that Jumeirah Village Circle continues to attract a diverse elite of buyers who want to own high-quality real estate and bask in a modern lifestyle and world-class entertainment experiences. Today, JVC stands as a distinguished location as one of the most key strategic hubs in Dubai.

Muhammad Binghatti believes that the Dubai real estate sector experiences robust prosperity amid the recovery of the local economy. He envisaged a prolonged upturn for several reasons, attributed to the astute guidance, leadership, and initiatives brought by the Government of

Dubai, such as the laws of residency, citizenship, and the 100% foreign ownership of businesses, which contributed to attracting more investments and enhanced various economic sectors. Attracting more professional talent across the globe has also made a

positive impact on the performance of the real estate market.

Binghatti earned recognition as one of the fastest developers in Dubai, with a track record of delivering residential projects ahead of schedule due to Dubai’s encouraging economic environment providing huge opportunities to local and international investors. JVC is one of the highly sought-after residential areas with exceptional family-centric attractions. It is also one of the most attractive areas in Dubai in terms of investment returns, with a high demand for rent and ownership for mid-range earners. It is located in the