Binghatti 9M 2026 Results: AED 4.4bn Profit, 2,600 Homes Handed Over

Binghatti Ghost in Al Jaddaf at dusk, with the Burj Khalifa on the skyline behind — Binghatti Ghost in Al Jaddaf, one of the five projects completed in the first nine months of 2026. Render: Binghatti.

Binghatti made a net profit of AED 4.4 billion in the first nine months of 2026, up 65% on the same period last year. Revenue rose 66% to AED 14.9 billion and sales reached AED 14.2 billion, according to results the Dubai developer published on 13 November. The nine-month profit is already higher than its AED 3.6 billion for the whole of 2025.

For buyers, the figures that matter most are about delivery. About 2,600 homes were handed over in the period, and eight more projects, with about 6,400 homes, are on track for completion by the end of 2026.

01The results in figures

Measure	Nine months to 30 September 2026	Change
Net profit	AED 4.4 billion	Up 65%
Revenue	AED 14.9 billion	Up 66%
Sales	AED 14.2 billion	Up 11%
Gross profit	AED 6.4 billion	Up 62%
Development backlog	AED 33 billion
Contracted revenue still to be recognised	AED 16.4 billion	Over one to three years

Binghatti Holding Limited, nine-month 2026 results, 13 November 2026.

Third-quarter sales rose 7% to AED 4.6 billion, and third-quarter revenue more than doubled on a year earlier. Bank balances stood at AED 12.4 billion at the end of September.

02Five projects completed

Binghatti completed five projects in the period: Binghatti Apex, Binghatti Ghost in Al Jaddaf, Binghatti Ivory, Binghatti Haven and Binghatti Grove in Jumeirah Village Circle. About 2,600 homes were handed over to buyers in the nine months.

The eight projects due by the year-end hold about 6,400 more. Customers owe a further AED 4.7 billion, most of it due on handover.

03Twelve launches and a bigger pipeline

The developer launched 12 projects in the nine months. Its total sellable area grew from 2.4 million sq ft in December 2025 to 14.6 million sq ft in September 2026.

The launches include its first villa community, Tilal Binghatti in Academic City, and its first master community, Mercedes-Benz Places | Binghatti City in Nad Al Sheba. The company reinvested AED 4.9 billion in land and construction during the period.

04What it means for buyers

For off-plan buyers, a developer's handover record is one of the clearest checks before booking. Binghatti's results set out both what has been delivered this year and what is due by December.

If you own or are buying in a Binghatti project due this year, ask us for its current handover schedule. Our Binghatti page lists every project we cover, with prices and payment plans.