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Binghatti Aquarise construction progress

Binghatti Aquarise in Business Bay is 21% built at the Land Department inspection of May 2026. Developer Binghatti Developers. Completion registered for October 2026.

21%

Built, at the Land Department site inspection of 14 May 2026

Running behind its date

Completion date (Land Department)
October 2026
Finish at recent pace
October 2030
Construction started
March 2025
Registered with the Land Department
April 2025
Community
Business Bay
Units
1,592
Escrow bank
First Abu Dhabi Bank
Name in Arabic
بن غاطي أكوا رايز
Land Department project number
3585
Land Department site inspections
2

Schedule

Between March 2025 and May 2026 the site added about 1.5 points a month. At that rate it would finish around October 2030, more than three months after the October 2026 date registered with the Land Department.

0%25%50%75%100%2026
Progress at each Land Department site inspectionStraight line from start to the Land Department completion date

Site inspections

14 May 2026

21%+21 pts

  • Binghatti Aquarise construction site, Land Department inspection photo 1, 14 May 2026
  • Binghatti Aquarise construction site, Land Department inspection photo 2, 14 May 2026
  • Binghatti Aquarise construction site, Land Department inspection photo 3, 14 May 2026
  • Binghatti Aquarise construction site, Land Department inspection photo 4, 14 May 2026

6 March 2025

0%

  • Binghatti Aquarise construction site, Land Department inspection photo 1, 6 March 2025
  • Binghatti Aquarise construction site, Land Department inspection photo 2, 6 March 2025

All 6 site photos, by inspection date

Context

Business Bay has 43 projects under construction, 35% built on average.

Binghatti Developers has 36 projects under construction in Dubai; 11 have passed their registered completion date.

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Questions

When will Binghatti Aquarise be completed?
The completion date registered with the Dubai Land Department is October 2026. At the pace of its recent inspections the site would reach 100% around October 2030. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Binghatti Aquarise is built?
21%, measured at the Land Department site inspection on 14 May 2026. The Land Department engineers have inspected the site 2 times since March 2025.
Is Binghatti Aquarise delayed?
It is running behind. At the rate of the last year it would finish more than three months after its registered date of October 2026.
Who is building Binghatti Aquarise?
The registered developer is Binghatti Developers. It has 35 other projects under construction in Dubai.
Which bank holds the escrow account for Binghatti Aquarise?
First Abu Dhabi Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.

Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.