Binghatti vs Meraas

Meraas is the cheaper book per sqft, at AED 2,558 against AED 3,417 for Binghatti, so Binghatti is 34% dearer per sqft. On the typical unit that reads as AED 4.85M for a median 2,101 sqft home from Meraas, 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. Meraas leans to 3 BR units, 231 records at AED 2,042 per sqft and AED 5.80M a unit.

Entry pricing: the lowest published starting price is AED 450K from Binghatti and AED 1.20M from Meraas.

Across 110 published plans from Binghatti, the median asks 70% before handover, with 0% carrying instalments that run past the keys. Meraas publishes 77 plans, a median of 60% before handover and 4% 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 62% of Meraas plans. At the light end, 8% of Binghatti plans and 38% of Meraas plans ask 50% or less.

Binghatti builds in Dubai, across 17 communities, most of it in Jumeirah Village Circle, Al Jaddaf, Business Bay. Meraas builds in Dubai, across 16 communities, concentrated in City Walk, Umm Suqeim, Jumeirah.

Binghatti peaks in 2027, when 23 of its 54 tracked projects are scheduled to hand over. Meraas peaks in 2026 with 19 of 56. 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 57% for Meraas. 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.