Eva May 18, 2024 0 Comments

Developer Binghatti Acquires Advanced Steel Manufacturing Facility in Dubai

Binghatti buys Steel Factory

Dubai-based developer Binghatti has announced the acquisition of a state-of-the-art steel manufacturing facility in Dubai. This new addition marks a significant milestone in Binghatti’s commitment to innovation and excellence in the real estate sector.

The facility, equipped with advanced technology, will serve as the main hub for Binghatti’s skilled team of designers, architects, and manufacturing experts, who will use it to transform groundbreaking architectural designs into high-quality hyper-towers. Key architectural elements, such as the iconic crowns of Binghatti’s latest mega projects, including Burj Binghatti Jacob & Co Residences and Mercedes Benz Places | Binghatti, will be produced here.

This strategic acquisition aligns with Binghatti’s streamlined supply chain and development process. Through its vertically integrated business model, Binghatti ensures maximum efficiency and control over every aspect of property development, from concept to completion. The new steel facility will work in conjunction with Binghatti’s existing in-house manufacturing facilities for joinery, aluminum, and glass, all under the guidance of its dedicated team of engineers, interior designers, and architects. This acquisition further empowers Binghatti to focus on quality and lean development, reinforcing its vision of excellence in real estate.


Binghatti secured this investment using its self-sustained cash flow, highlighting the company’s robust financial health. This strategic move further solidifies Binghatti’s status as a leading player in the industry and reinforces its commitment to exceptional quality and continuous improvement. With this latest development, Binghatti is poised to keep delivering groundbreaking architectural masterpieces that redefine the skyline of Dubai and beyond.

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