Aldar vs Binghatti

Aldar is the cheaper book per sqft, at AED 1,958 against AED 3,417 for Binghatti, so Binghatti is 75% dearer per sqft. On the typical unit that reads as AED 5.60M for a median 2,210 sqft home from Aldar, against AED 1.56M for a median 721 sqft home from Binghatti. Part of that gap is product, not premium: the two are not selling the same mix of unit.

Aldar sells mostly 2 BR units, 243 priced records at a median AED 3,420 per sqft and AED 6.58M a unit. Binghatti leans to 1 BR units, 1,826 records at AED 2,149 per sqft and AED 1.56M a unit.

Entry pricing: the lowest published starting price is AED 340K from Aldar and AED 450K from Binghatti.

Across 118 published plans from Aldar, the median asks 60% before handover, with 1% carrying instalments that run past the keys. Binghatti publishes 110 plans, a median of 70% before handover and 0% with a post-handover tail.

The heavy end matters more than the median when the plan is the reason to buy. 72% of Aldar plans want 60% or more before keys, against 92% of Binghatti plans. At the light end, 25% of Aldar plans and 8% of Binghatti plans ask 50% or less.

Aldar builds in Abu Dhabi, Dubai, Ras Al Khaimah, across 13 communities, most of it in Dubailand, Saadiyat Island, Yas Island. Binghatti builds in Dubai, across 17 communities, concentrated in Jumeirah Village Circle, Al Jaddaf, Business Bay.

Aldar peaks in 2029, when 45 of its 132 tracked projects are scheduled to hand over. Binghatti peaks in 2027 with 23 of 54. Published handover dates move, so read them as developer intent rather than a delivered date.

30% of the Aldar projects tracked are listed as sold out or out of stock, against 41% for Binghatti. That is the share of each book no longer taking new bookings at listed prices, which reads as demand on the way in and as scarcity on the way out.