Property

Binghatti Phantom

Location: Jumeirah Village Circle, Dubai(Situated within one of Dubai’s fastest-growing residential communities, with seamless access to Al Khail Road (E44), Sheikh Mohammed Bin Zayed Road (E311), and Hessa Street (D61). Surrounded by essential lifestyle amenities including schools, clinics, parks, and shopping centres like Circle Mall.)

Inside Binghatti Phantom: Video highlights from the project completion event

Project Overview

Ultra-modern residential and retail hyper tower developed by Binghatti Developers
Designed to defy conventional architecture and elevate urban living
G+P+37 residential floors with a grand amenity level and 354 apartments
Recognized for its bold aesthetic, premium finishes, and visionary craftsmanship
Developed by one of the UAE’s most awarded private developers, with over 60 projects and 20,000+ units completed
Residential Features & Layouts
- Total Units: 354• 1-Bed Apartments: 340• 2-Bed Apartments: 10• 3-Bed Apartments: 4
- Residences designed as tranquil sanctuaries with refined contemporary interiors
- Premium materials, including Calacatta Oro, Patagonia Wallpaper, Tan Oak Wood, and Phantom Black
- Floor-to-ceiling glass doors and windows enhance light, views, and environmental control
- Interiors inspired by luxury, craftsmanship, and bold Emirati design

Retail Overview

Number of Units: 1 (Standalone flagship retail unit)
Unit Size: 9,540.16 sq. ft.
Price: AED 2,922 PSF *******CONTACT US FOR SPECIAL NEGOTIATED PRICE
Payment Plan: 100%
Located on: Ground + Podium 1
Completion Status: Ready for immediate handover

Amenities & Lifestyle

Amenity floor with dedicated fitness and leisure facilities
Nearby access to:
- Halfa Park, RootsCamp, Community Parks North & South
- Aster Medical Clinic, Life Medical Center, Magnum Family Medical
- JSS International School, Kids World Nursery
- Circle Mall, Spinneys, Grandiose, Choithrams, Nesto Hypermarket
Seamless living experience with curated interior design and smart layouts

Location: Jumeirah Village Circle (JVC)

Binghatti Phantom is strategically located in Jumeirah Village Circle (JVC), Dubai, a well-established residential community with access to major arterial roads. The development is directly connected to key transport routes including E44 Dubai – Al Khail Road, E311 Sheikh Mohammed Bin Zayed Road, and D61 – Hessa Street, ensuring convenient connectivity to other major areas of the city.

The project is surrounded by a full spectrum of community infrastructure and daily conveniences. Healthcare facilities in the vicinity include Aster Medical Clinic, Life Medical Center, Magnum Family Medical Center, and Dr. Joy Dental Clinic, offering accessible medical services for residents and visitors alike.

For leisure and recreation, residents have access to green spaces such as Halfa Park, RootsCamp, Community Park South, and Community Park North, all located within the JVC master community.

Retail and grocery needs are well served by Circle Mall and several prominent supermarkets including Spinneys, Grandiose, Choithrams, Nesto Hypermarket, and Viva Supermarket, making day-to-day shopping highly convenient.

Families residing in the area benefit from proximity to reputable educational institutions such as JSS International School, Kids World Nursery, and Ladybird Nursery, all located within the JVC zone.

Binghatti Phantom is also part of a broader portfolio of Binghatti developments across Dubai, with the developer actively operating in several districts including Business Bay, Dubai Silicon Oasis, Al Jaddaf, Dubai Marina, Liwan, and Dubai Land Residence Complex.

Illustrative model

Scenario modeller

Set your own assumptions and see how Binghatti Phantom Retail behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

Purchase price

The price you are actually considering.

Unit size

Drives the service charge only.

Time to handover

Rent and service charge both start here.

Holding & income

Gross annual rent

Your figure — we have not assumed one.

Rent growth

0% holds rent flat. It may be negative.

Vacancy allowance

8% is roughly a month plus re-letting.

Maintenance & management

Letting fees and routine repairs.

Service charge

Replace with the building's own schedule.

Acquisition costs

DLD transfer fee

4% is the Dubai standard.

Agency fee

Buyer-side. 5% VAT added.

Conveyancing, trustee & admin

Trustee, title deed, NOC.

Exit

Holding period

1 to 40 years.

Exit price growth

0% by default: we publish no price forecasts.

Sale agency fee

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated

Handover: The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield: Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield: (Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth: Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI: Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE: Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return: Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR: The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

Binghatti Phantom — JVC, Dubai

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Binghatti Phantom Retail

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