Dubai Developer Launches Financing for Construction Firms

Binghatti, a Dubai master-developer, has launched Binghatti Capital Ltd., an asset management company based in DIFC, with plans to manage approximately Dh3.67 billion in private credit and real estate opportunities. The new entity will operate on a Sharia-compliant basis and follows Binghatti's recent announcement of a significant land deal in Dubai's Meydan area. Binghatti Capital will focus on acquiring and selling off-plan residential properties, as well as acquiring, developing, and selling residential projects.

Binghatti Capital's private credit solutions will center on supply chain financing within the real estate sector, providing financing solutions to construction firms, property management entities, and key suppliers. The company will also offer tailored discretionary and non-discretionary portfolio mandates, providing professional clients with flexible investment options.

According to Katralnada Binghatti, Executive Director of Binghatti Capital, the new asset management arm is a strategic move to expand Binghatti Holding’s investment footprint and access alternative capital. The company aims to deliver sustainable growth through high-value, income-generating investments and support Dubai's efforts to become a leading foreign investment destination.