Binghatti Aquarise: Handover Date & Completion Status

What is being built

The tower is laid out as three basement levels, 25 residential floors and a rooftop level, organized around a canal-facing brief that pairs an infinity pool deck with an artificial beach along the Dubai Water Canal. Unit sizes run from 423 sq ft studios to 1,301 sq ft four-bedroom layouts, alongside a limited run of two- and three-bedroom Royal Suites (2,355–3,127 sq ft) with private pools — a separate, higher-priced tier from the standard stock. Ground floor carries roughly 28 retail units. Studios launched from AED 999,999 and one-bedrooms from about AED 2.0M, per the developer's own pricing page, which sits toward the upper end of Binghatti's usual entry price band for a Business Bay address.

Business Bay in practice for this product

The district's tenant base is anchored by DIFC-adjacent professionals rather than tourism-linked short lets, which supports steadier occupancy for canal-facing stock specifically. Canal-view one-bedrooms in Business Bay are quoted at roughly AED 115,000–160,000 a year and two-bedrooms at AED 160,000–215,000+, against gross yields of 6–7.5% for standard units and 8–9% for prime, canal-adjacent towers. That premium is the commercial case for the artificial-beach/canal positioning here. The offsetting factor is supply: market trackers put roughly 10,127 new residential units due into Business Bay by 2027, which is the pool this project's 1,602 units will compete against at handover, particularly for the standard (non-Royal Suite) mix.

Binghatti's delivery record

Binghatti Holding's FY2025 results show revenue nearly doubling year-on-year to AED 12.43 billion (from AED 6.34 billion in FY2024) and net profit up 96% to AED 3.58 billion, which the company attributes in part to accelerated project handovers across its portfolio; it also reported selling over 17,000 units in FY2025. That scale of throughput is relevant context for a developer known for compressed build timelines, though it is a portfolio-level figure and not a guarantee specific to this tower.

Payment plan

Per the developer's official project page, Binghatti Aquarise is sold on a 20/50/30 structure: 20% on booking, 50% during construction, and the remaining 30% on completion. Some third-party listing sites cite a 70/30 split instead, so buyers should confirm the exact schedule in the sale and purchase agreement rather than relying on portal summaries.

What handover will mean

Sales launched via Expression of Interest on April 17, 2025, and the developer's own site currently targets completion in Q1 2027 (with some listings citing March or June 2027) — several months later than the Dubai Land Department registry's October 2026 date referenced elsewhere on this page. At roughly a fifth of the way through construction, that gap between registry and developer-stated timelines is worth tracking rather than resolving in advance; DLD dates are periodically revised as projects progress. If completion lands anywhere in that window, the unit will hand over into a Business Bay rental market where canal-facing stock has been outperforming inland units on both rent and yield, offset by a meaningful wave of competing new supply reaching the district over the same period.