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To mark a significant sales milestone reached at its upscale development, The Burj Binghatti Jacob & Co. Residences, Dubai-based developer Binghatti has partnered with internationally renowned high jewelry and watchmaking brand Jacob & Co. Almost 50% of the project has sold out in just nine months since sales launch.
There is a growing amount of market anticipation for the opening of this architectural marvel as construction moves forward quickly. According to the statement, the hyper-tower promises to provide an unrivaled living experience that embodies urban luxury with its sleek design, unmatched lifestyle offerings, and panoramic views of the cityscape.
According to the developer, when the 104-story Dubai building is finished, it will be the tallest residential skyscraper in the world.
The completion of this state-of-the-art project highlights both Jacob & Co.’s distinct dedication to the emirate and Dubai’s position as the top location for buyers and investors looking to invest in ultra-luxury real estate.
Binghatti described it as an incredible architectural and business triumph, stating that this is an uncommon accomplishment in the world of ultra-luxury real estate.
It sets a new benchmark for the industry by demonstrating the value of Binghatti and Jacob & Co.’s partnership and the ongoing demand for luxury real estate options in Dubai.
“We are thrilled by the overwhelming, global response of the market to Burj Binghatti Jacob&Co. Residences,” said Jacob Arabo, the Chairman and Founder of Jacob & Co.
“The sell-out of Phase 1 and the rapid uptake of Phase 2 emphasizes the incredible appeal of this iconic project. We are proud to collaborate with Binghatti in delivering this global landmark development in Dubai,” he stated.
He went on to say that The Burj Binghatti Jacob & Co. Residences, the jewel in the Dubai skyline, continues to enjoy great success.
Arabo pointed out that the motto and design ethos of Jacob & Co. is “Inspired by the Impossible”. This state of mind also serves as the driving force behind the development of Burj Binghatti Jacob&Co. Residences.
“This ambitious project is set to break the world record of highest residential tower ever constructed in the world,” he noted.
“The speed at which the most prestigious units within the 104-storey tower is selling and its groundbreaking architecture all represent an achievement in the sphere of real estate,” he added.
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