Dubai master developer Binghatti has announced the launch of an asset management company aimed at managing approximately Dh3.67 billion in private credit and real estate investments, all on a Shariah-compliant basis.
This move follows closely after Binghatti secured a significant land deal in Dubai’s Meydan area, intended for a series of prominent development projects over the coming years.
The new company, Binghatti Capital Ltd., headquartered in the Dubai International Financial Centre (DIFC), will handle distinct mandates for acquiring and selling off-plan residential properties, as well as the acquisition, development, and sale of residential projects.
Binghatti Capital will also provide private credit solutions focused on supply chain financing within the real estate sector. This includes offering tailored financing options to construction companies, property management firms, and key suppliers.
A company statement noted, “Binghatti Capital will offer discretionary and non-discretionary portfolio mandates, delivering professional clients flexible solutions designed to meet their unique investment goals.”
Katralnada Binghatti, Executive Director of Binghatti Capital, described the launch as a strategic step to broaden Binghatti Holding’s investment reach and improve access to alternative capital sources.
“We believe Binghatti Capital’s offerings are unique, reflecting our long-term commitment to expanding into high-value, income-generating investments that support sustainable growth. Through our Shariah-compliant private investment strategies, we are strengthening our leadership in the UAE real estate market and backing Dubai’s ambition to become a top global destination for foreign investment,” she said.
