Property

Binghatti Skyflame 1 & 2

Location: Majan, Dubailand, Dubai

Retail Units Available:

• Skyflame 1 I 30 shops | Starting from AED 1,938,999 *******CONTACT US FOR SPECIAL NEGOTIATED PRICE

• Skyflame 2 I 20 shops | Starting from AED 1,938,999 *******CONTACT US FOR SPECIAL NEGOTIATED PRICE

*******Note: Exact unit sizes, configurations, and payment plans will be shared once available.

Project Overview

Binghatti Skyflame 1 & 2 are twin residential towers located in the heart of Majan, Dubailand, offering a contemporary blend of residential and retail spaces. While the towers are primarily composed of studio, 1-bedroom, and 2-bedroom apartments, both buildings also feature ground-level retail designed to cater to the surrounding residential population.

These commercial spaces offer operators the chance to establish a presence in a fast-growing urban zone supported by high population density and improving infrastructure. Each tower is expected to attract strong foot traffic from both residents and visitors to Majan.

Residential and Retail Unit Mix – Binghatti Skyflame 1 & 2

Category	Skyflame 1	Skyflame 2	Combined Total
Studios	765 units	406 units	1,171 units
1-Bedroom	573 units	332 units	905 units
2-Bedroom	20 units	28 units	48 units
2-Bedroom Royal Suites	34 units	16 units	50 units
Retail Units	30 shops	20 shops	50 shops
Total Units	1,422	802	2,224 units

Developer: Binghatti Developers
Project Type: Residential towers with ground-level retail
Ownership: Freehold
Use Cases: Suitable for a wide range of businesses including retail, food and beverage, healthcare, wellness, services, and convenience outlets
Retail Access: Street-level frontage with residential exposure
Payment Plan: To be announced

Retail Overview

Skyflame 1 Retail Units: 30
Skyflame 2 Retail Units: 20
Visibility: Positioned at street level within two high-density residential towers
Target Audience: Residents of apartments across both towers, surrounding Majan community, and visitors to nearby attractions
Connectivity: Located directly off Sheikh Mohammed Bin Zayed Road (E311) with easy access to Al Ain Road and the wider Dubailand corridor
Surroundings: Close to IMG Worlds of Adventure, Global Village, Al Barari, and Midtown Central Majan
Parking: To be confirmed; visitor and resident parking typically included in similar Binghatti developments

Anticipated Project Amenities (Typical of Binghatti Residential Towers)

Grand double-height lobby
Gymnasium and wellness areas
Rooftop or podium pool deck
Children’s play areas
Smart access and security systems
Concierge and community lounge (subject to final specifications)

Design & Finishes

Though retail finish specifications have not been released, Binghatti projects typically feature:

Geometric modern facades
Clean, minimalistic retail storefronts
Seamless integration with building access and footpaths

Views

Retail units positioned at podium or street level
Potential for outward-facing visibility to community roads and open public areas
Integrated within a dense and walkable residential district

About the Developer – Binghatti

Founded in 2008, Binghatti Developers is one of the UAE’s fastest-growing real estate brands, with over 50 projects across Dubai. Known for their signature architectural style, early project handovers, and branded real estate collaborations (Bugatti, Mercedes-Benz, Jacob & Co.), Binghatti delivers modern design and practical value.

The developer has earned numerous awards, including the Best Real Estate Tycoon Award and multiple Cityscape and Arabian Property accolades. Their projects are consistently recognised for iconic design and strong investor returns.

Location – Majan, Dubailand

Majan is a mixed-use freehold community located in Dubailand along Sheikh Mohammed Bin Zayed Road (E311). Spanning over 15 million sq. ft., Majan is emerging as one of the most accessible and affordable areas for mid-rise living with a growing supply of both residential and commercial inventory.

Key Highlights:

Centrally positioned with access to Downtown Dubai (22–25 minutes) and DXB Airport (25 minutes)
Close to IMG Worlds of Adventure, Global Village, and Al Barari
Walkable zones with community parks, fitness tracks, and family-friendly facilities
Surrounded by low- and mid-rise apartment blocks with consistent rental demand
Future-ready infrastructure supporting retail growth and investment appeal
Expected 85+ buildings upon full development, creating a sizeable consumer base

With increasing residential handovers and steady demand from both investors and tenants, Majan continues to solidify its position as a promising hub for community retail and lifestyle offerings.

Illustrative model

Scenario modeller

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

Payment plan

To be announced

As published on this listing. The model below assumes the purchase price and all acquisition costs are paid at the outset; a staged plan defers part of the outlay, which raises the IRR on the same total profit. Treat the return figures as the unstaged case.

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 Skyflame — Majan, Dubai

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Binghatti Skyflame Retail

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