Binghatti · Business Bay · Construction Update
One by Binghatti Construction Update - May 2026
May 2026 Inspection Confirms One by Binghatti Passes the Halfway Mark at 50.21% Construction Progress
Superstructure, MEP first fix, internal finishes, and external envelope works advance together at One by Binghatti, verified at 50.21 percent in the May 2026 RERA inspection.
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Verified DLD Inspection Data
One by Binghatti Construction Snapshot
An 11.53 point rise since the previous recorded reading carries One by Binghatti past the halfway mark and into the band where envelope and MEP works, rather than concrete, set the pace toward handover.
One by Binghatti
3107
Active
50.21%
14 May 2026
01 March 2024
647 residential units
77,164.94 sq m
Q1 2027
Data source: RERA inspection conducted on 14 May 2026, tracked against DLD inspection records. The register carries the earlier reading of 38.68% without an inspection date, so the 11.53 point gain is stated here with no month attached and no date is inferred. Construction tracking against RERA inspection data runs across the full tohidfetrat.com project portfolio and is reviewed after every published cycle. Last updated: August 2026.
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This Inspection Cycle
One by Binghatti Construction Progress Summary
The 14 May 2026 inspection records One by Binghatti at 50.21%, an 11.53 point advance on the previous reading of 38.68%, which the register logs without an inspection date of its own. The movement sits in vertical work: the superstructure climbing through the 61 residential floors, with envelope, MEP, and internal packages following it up the tower.
- Enabling works across the Business Bay plot
- Foundation works beneath the three basement levels
- Sub structure works up to podium level
- Superstructure rising through the residential floor stack
- External envelope installation on completed levels
- MEP works staged floor by floor behind the structure
- Internal works and internal finishes at varying levels
- Remaining structure to the two mechanical floors and roof
- Amenity floor and ground level retail fit out
- Remaining RERA inspection cycles toward 100%
- Completion certification before the Q1 2027 handover window
Payment Linked Progress
What 50.21% Progress Means for One by Binghatti Buyers
Payment obligations at One by Binghatti follow the construction record rather than the calendar, so a certified 50.21% marks which installments and which protections are next in line. Four actions carry the most weight at this point in the build.
Verify the escrow account
Payments on project 3107 belong in the DLD regulated escrow account, recorded in the May 2026 report as held with Sharjah Islamic Bank. Run One by Binghatti escrow account verification first: matching the trustee details takes about two minutes against the official DLD project record.
Reread your SPA milestone schedule
Check which percentages your sale and purchase agreement attaches installments to, and how it defines the handover window against a Q1 2027 target. Not sure how your installments map to this reading? Send me your SPA schedule and I will map it against the certified milestones.
Confirm your Oqood registration
An off plan purchase is registered with the Dubai Land Department through Oqood, which records your unit against project 3107 until title transfers at handover. Ask for the Oqood certificate rather than assuming a reservation form covers it.
Track the remaining cycles
Several inspection cycles still separate the May 2026 record from certification. The One by Binghatti construction updates hub keeps each one in a single timeline.
General framework, not legal advice: milestone definitions, notice periods, and fee obligations are set by your individual SPA and the DLD record, and both should be read directly.
Buying at 50.21%?
Entering just past the midpoint splits the difference: the ground risk is already certified and behind the record, while enough of the plan runway remains that installments are not all bunched at completion. Every payment goes to the DLD-registered escrow account for project 3107, released against certified construction progress.
- Enabling, foundation, and sub structure works certified complete
- Tower visibly out of the ground and rising floor by floor
- Q1 2027 handover window, measured in quarters rather than years
- Construction risk carried from excavation to handover
- Two to four years of waiting is the usual delivery horizon
- Longer installment runway, priced at launch levels
The project page lists 20 or more units still available at the time of writing; availability shifts between cycles.
About the Development
One by Binghatti Project Details
Half built and still climbing, One by Binghatti is a single Business Bay tower of 647 residential units stacked across 61 floors, running from premium studios to four bedroom penthouses above an amenity level. Starting prices: AED 1.70M ≈ USD 463K.
At this point the trade off is a shorter remaining wait against a shorter remaining payment runway, with handover expected in the Q1 2027 window.
Site Context This Cycle
Explore One by Binghatti Location on Dubai Map
One by Binghatti occupies plot 272 in Business Bay, a waterfront position on the Dubai Water Canal with the Downtown towers behind it, and that exposure shapes the current cycle: the envelope packages now going on to completed levels sit on elevations read from the promenade and the canal bridges long before anyone steps inside the building.
Business Bay is a finished district rather than an emerging one, with roads, canal promenade, and utility networks already in service, so this tower is rising into a working neighborhood instead of waiting for one, which matters for buyers weighing rental readiness or occupancy against a Q1 2027 handover window. See the project's position on the interactive Dubai real estate map. See the project’s position on the interactive Dubai real estate map.
Buyer Resources for This Project
Investing in One by Binghatti During Mid Stage Construction
Past the halfway mark, payment protection and residency planning are the two questions that decide most purchases. Each resource below is matched to where One by Binghatti stands right now.
One by Binghatti Construction Updates
This page: the verified May 2026 inspection record for One by Binghatti, from enabling works onward.
One by Binghatti Golden Visa: From the 2 Bedroom Suite
Binghatti's One in Business Bay qualifies from the 2 bedroom suite through the royal penthouse; the premium studio sits below.
Read One by Binghatti Golden Visa Guide
One by Binghatti: The Business Bay Tower's Escrow Account
Binghatti's One tower in Business Bay pays into Sharjah Islamic Bank escrow, DLD project 3107, 755 units, 50.21% certified May 2026.
Verify One by Binghatti Escrow AccountUpdate Timeline
Other One by Binghatti Construction Updates
Every published reading stays online, so the climb from a certified sub structure to a certified building can be followed cycle by cycle rather than reconstructed later.
Where This Update Fits
Explore One by Binghatti Structure
This monthly reading is one node in the wider record: the district around the plot, the developer building on it, and the listings competing with it today.
Business Bay Properties for Sale
Browse canal-front apartments, penthouses and branded residences for sale across Business Bay.
See Business Bay Properties for Sale
Business Bay Community Overview
Read the Business Bay guide: canal-front towers, offices and residences minutes from Downtown, with prices and rental demand covered.
Explore the Business Bay Community
Binghatti: Record Construction Speed and Branded Towers With Bugatti and Mercedes-Benz
Binghatti has delivered more than 60 projects since 2008, with 27 under development and two master communities across Dubai.
View the Binghatti Developer ProfileFAQs
One by Binghatti Construction Progress in May 2026: Frequently Asked Questions
As of the RERA inspection conducted on 14 May 2026, One by Binghatti stands at 50.21% construction progress in the DLD project register, with the main contract logged as progressing.
The register records a rise of 11.53 points, from a previous reading of 38.68% to 50.21% on 14 May 2026. That earlier reading carries no inspection date in the register, so the gain is reported here without a month attached to it.
The 14 May 2026 report logs the main contract as progressing and records no slipped milestone, with 49.79 percentage points still separating that reading from full certification ahead of the Q1 2027 handover window. The mechanics behind inspection cycles and completion certification sit on the One by Binghatti construction updates hub.
Yes. Handover windows move between cycles when construction sequencing, contractor performance, or authority approvals shift. The window shown here reflects the position recorded in the May 2026 cycle; a revised window would surface in the next reading published here.
The 14 May 2026 inspection notes record enabling, foundation, and sub structure works as completed. Superstructure, internal works, MEP, internal finishes, and external envelope works were all progressing at different stages across the site on that date.
The 14 May 2026 progress monitoring report names Sharjah Islamic Bank as the trust account bank for project 3107, registered to Binghatti Developers FZE under developer number 1051. Buyer installments on a DLD regulated off plan project are paid into that account rather than to the developer directly.
A Question the FAQ Can Not Answer?
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