Moonlight Project Highlights Summary

Moonlight is a brand-new art-grade residential project by Binghatti, located in the Al Jaddaf waterfront area. Inspired by "Moonlight," it features futuristic lines and light-and-shadow design to present a waterfront urban art lifestyle. Situated in the cultural and artistic corridor of Jaddaf, adjacent to several of Dubai's landmark art venues, it is a high-potential area that integrates art, transportation, and living.

Location Advantage

Accessibility: Within walking distance to the Metro Station and the Dubai Canal.

Dense Surrounding Amenities: Includes Jameel Arts Centre, Emirates Library, Zabeel Stadium, Swiss International Scientific School, Latifa Hospital, AYA Universe (light and shadow exhibition), etc.

Proximity: Close to Culture Village, Healthcare City, Creek Harbour, and Downtown.

Future Value: The area's value is set to be further enhanced by the future Metro Blue Line, the Canal extension, and the future High-Speed Rail hub.

Current Market Environment (Al Jaddaf Rental Rates)

1-Bedroom: 90,000 – 125,000 AED/year.

2-Bedroom: 125,000 – 210,000 AED/year.

Strong Demand: Robust demand for both sales and rentals, with sales reaching a peak of 1.8K units in 2024.

4. Project Basic Parameters

Plot Area: 2,350.22 ㎡ (25,297.59 sq ft).

Building Structure:

4 Basement Floors.

Ground Floor.

3 Parking Floors.

3 Office Floors.

1 Commercial/Residential Floor.

18 Residential Floors.

Rooftop Amenity Floor.

Unit Breakdown:

1-Bedroom: 126 units.

2-Bedroom: 106 units.

3-Bedroom: 4 units.

Offices: 47 units.

Retail: 3 units.

Starting Price

1-Bedroom: Starting from 1.42M AED.

2-Bedroom: Starting from 1.89M AED.

3-Bedroom: Starting from 3.04M AED.

6. Payment Plan

Down Payment: 20%.

During Construction: 50%.

Upon Handover: 30%.

7. Investment Highlights Summary

Undervalued Area: Al Jaddaf is considered a "price valley" while offering amenities and accessibility close to Downtown/Business Bay.

Accelerated Area Development: Future Metro Blue Line, Canal extension, and future High-Speed Rail hub.

Strong Rental Yields: 1-Bedroom units can achieve 6–8%, 2-Bedroom units 6–7%.

Brand Value: Binghatti brand and artistic design enhance the aesthetic value of the product and its asset liquidity.