Binghatti vs Ellington

Ellington is the cheaper book per sqft, at AED 2,427 against AED 3,417 for Binghatti, so Binghatti is 41% dearer per sqft. On the typical unit that reads as AED 2.98M for a median 1,254 sqft home from Ellington, 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.

Binghatti sells mostly 1 BR units, 1,826 priced records at a median AED 2,149 per sqft and AED 1.56M a unit. Ellington leans to 2 BR units, 146 records at AED 2,439 per sqft and AED 3.03M a unit.

Entry pricing: the lowest published starting price is AED 450K from Binghatti and AED 429K from Ellington.

Across 110 published plans from Binghatti, the median asks 70% before handover, with 0% carrying instalments that run past the keys. Ellington publishes 74 plans, a median of 70% before handover and 1% with a post-handover tail.

The heavy end matters more than the median when the plan is the reason to buy. 92% of Binghatti plans want 60% or more before keys, against 80% of Ellington plans. At the light end, 8% of Binghatti plans and 20% of Ellington plans ask 50% or less.

Binghatti builds in Dubai, across 17 communities, most of it in Jumeirah Village Circle, Al Jaddaf, Business Bay. Ellington builds in Dubai, Ras Al Khaimah, across 26 communities, concentrated in Mohammed Bin Rashid City, Dubai Islands, Jumeirah Lake Towers.

Binghatti peaks in 2027, when 23 of its 54 tracked projects are scheduled to hand over. Ellington peaks in 2026 with 22 of 67. Published handover dates move, so read them as developer intent rather than a delivered date.

41% of the Binghatti projects tracked are listed as sold out or out of stock, against 59% for Ellington. 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.