Highlights Overview of Moonlight Project (Al Jaddaf Waterfront)

Core positioning of the project

Moonlight is a brand new art level residential project created by Binghamti in the Al Jaddaf waterfront area, inspired by "moonlight", presenting the artistic life of the waterfront city with futuristic lines and light and shadow design. The project is located in the cultural and artistic corridor of Jaddaf, adjacent to several landmark art venues in Dubai. It is a high potential area that integrates art, transportation, and life.

Location advantage
Transportation and accessibility: Walking distance to the subway station and Dubai Canal. Close to Cultural Village, Healthcare City, Creek Harbour, and the city center. The region will further enhance its value in the future due to the extension of the Blue Line subway, canal, and future high-speed rail hubs.
Surrounding facilities are dense: Jameel Art Center, Sheikh Library, Zabeel Sports Center, Swiss International School, Latifa Hospital, AYA Light and Shadow Exhibition Hall, etc.

Current market environment (rental market in Al Jaddaf)
The rental and sales demand in the Al Jaddaf area is strong, with a peak sales volume of 1.8K units in 2024. The current market annual rental price is approximately 90000 to 125000 AED per year for a single room; Two bedroom apartments cost approximately 125000-210000 AED per year.

Basic parameters of the project
The project covers an area of 2350.22 square meters (25297.59 square feet). The building structure includes 4 basement floors, ground floor, 3 parking lots, 3 office floors, 1 commercial and residential floor, 18 residential floors, and a rooftop facility floor. Unit quantity: 126 one bedroom units, 106 two bedroom units, and 4 three bedroom units; The non residential unit includes 47 offices and 3 retail units.

Starting price
One bedroom: starting from 1.42M AED
Two bedroom: starting from 1.89M AED
Three bedroom: starting from 3.04M AED

Payment Plan
The project adopts installment payment method: 20% down payment, 50% payment during the construction period, and 30% payment upon delivery.

Summary of Investment Highlights
Moonlight is located in Al Jaddaf, a low-priced area, but enjoys amenities and accessibility close to Downtown/Business Bay. Regional development is accelerating due to the Blue Line subway, canal extension, and future high-speed rail hub. The project has strong rental returns, with one bedroom up to 6-8% and two bedroom up to 6-7%. The Binghamti brand and art design can enhance the aesthetic value and asset liquidity of products.