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Dubai Production City

Binghatti Elite

Studio

About the building

27-storey residential building in Dubai Production City. Developer — Binghatti Developers. Architect — Silver Stone Engineering Consultants.

Specifications for Binghatti Elite per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

Project sheet: Binghatti Elite

Developer data — brochure, factsheet and stock deck

1 587 studios out of 1 745 units — the most rental-oriented building in the range and one of the lowest entry prices.

Handover
Jun 2026
Residences
1 745
Service charge
~14 AED/sqft
Project no.
3341

The stated handover date has passed, yet the Land Department registry still lists this building as under construction. Ask us for the current site status before you place a deposit.

Developer launch pricing as of September 2025
Studio1587 units363–532 sqftfrom AED 675 000
1 bedroom158 units654–1119 sqftfrom AED 975 000
1 bedroom Garden Suitefrom AED 1 200 000
  • Indoor gym
  • Running track
  • Adults pool
  • Kids pool
  • Jacuzzi
  • Wet deck
  • Kids' playground
  • Pool deck
  • Basketball court
  • Smart home system
  • Fully fitted kitchen

Finishes, from the developer's material board: natural oak, travertine, white terrazzo, Venaria Reale marble, bronze metal, brushed brass, bronze mirror, wallpaper

The table shows the developer's launch prices on the date given, not the price of this lot: this one is a resale and costs what is quoted above. The comparison is useful, but the developer has re-priced since.

The full Binghatti range — 37 projects →

Where it is

Production City

Dubai Production City, formerly IMPZ: a printing and media zone with lakeside apartment buildings and low prices.

  • high gross yields
  • lowest entry prices
  • lakeside outlook at a low cost

What to check: Several buildings here have had persistent service charge and maintenance problems. The charge history and the state of the common areas are the first things to examine, ahead of the apartment itself.

Full district guide →

Questions and answers about lot NP9-259764

How much is this studio in Binghatti Elite?

Lot NP9-259764 is priced at AED 615 000, about $167 000. The size is 375 sq ft (35 m²), which works out at AED 1 640 per sq ft.

Is there a discount on this lot?

There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.

Is this expensive or cheap for Production City?

The database holds 6 lots in Production City, starting from AED 615 000. The area median is AED 1 596 per sq ft; this lot, at AED 1 640, is 3% above it. 1 lot in the area has a reduced price. The median is taken from listings in our database, not from registered sales.

Production City area guide →

Is the property ready or still under construction?

The handover date in the listing is Q3 2026, which has already passed. I will confirm whether the property has actually been handed over when you ask: listings are not always updated.

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 123 000; a loan of AED 492 000 over 25 years at 3.75–4.99% a year comes to roughly AED 2 500–2 900 a month. A non-resident puts down from 40% (AED 246 000) and pays about AED 1 900–2 200 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 24 600 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

The lot's price is AED 135 000 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 385 000 short of the Golden Visa, granted from AED 2 000 000. A visa consultant can go through the grounds that remain at this price.

Golden Visa and residence visas →

What is known about Binghatti Elite?

The building has 27 floors and 1 745 units. The developer is Binghatti. Figures are from the project passport: Propsearch and the Dubai Land Department.

Binghatti Elite project page →

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-259764 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2026 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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