Founded in 2008 by Hussain Binghatti, the company operates in real estate, hospitality, and construction sectors.
[5] Founded in 2008, Binghatti has grown to establish numerous residential and commercial projects within Dubai.
[6] In 2014, Binghatti entered into an undisclosed deal to sell Binghatti Terraces, a mid-rise tower in Dubai Silicon Oasis to Emirates Real Estate Fund which is managed by the Emirates NBD.
[22] In February 2024 Binghatti successfully launched its first US dollar-denominated sukuk offering with a competitive yield of 9.625%.
This marked the first real estate sector sukuk from the MENA region in 2024.