Binghatti Raises $500M Sukuk: Oversubscribed Five Times as Investors Bet on Dubai Real Estate Surge

Dubai’s real estate sector has once again demonstrated its global appeal. Binghatti Holding announced the launch of a $500 million, five-year US-dollar-denominated sukuk, which saw an extraordinary 5× oversubscription, total $2.5 billion in commitments from regional and global investors 
Priced at a profit rate of 8.125% p.a., the issuance was tightened from an initial guidance of 8.5%, delivering a solid spread of 418 basis points over US Treasuries 
Notably, nearly 50% of orders came from international buyers, underscoring global confidence in both Binghatti’s growth strategy and Dubai’s real estate landscape.

Why It Matters: Strong Signals from a $500M Sukuk Deal

Binghatti’s move builds on its first issuance of $300 million in 2024, which already saw a 200% oversubscription, taking the total to $621 million 
The most recent tap added $200 million more, bringing the total sukuk volume to $500 million, with some issuance taps seeing demand at 4.2× the original size 
This level of demand reflects:
Investor confidence in Binghatti’s expanding portfolio its developments include branded residences with Mercedes‑Benz, Bugatti, and Jacob & Co.
A vote of trust in Dubai’s high-end real estate boom amid record-breaking sales across luxury sectors in H1 2025 

Why This Sukuk Achievement Is a Real Estate Signal
1. Market Momentum is Real
Binghatti delivered 5 new developments and launched 7 in H1 2025, generating AED 8.8 billion in sales and building a backlog of AED 12.5 billion 
2. Strategic Diversification
The sukuk program, part of a $1.5 billion issuance pipeline, aligns with other major real estate names tapping Islamic capital markets, such as Sobha Realty and OMNIYAT 
3. Rating Confidence
Fitch recently upgraded Binghatti from B+ to BB‑ with a stable outlook, affirming the developer’s sound financial footing

What This Means for Dubai Real Estate Investors
Access to Premium Projects: Developers backed by strong capital structures can deliver flagship branded residences and waterfront properties with confidence.
Investor Trust Boost: Record sukuk success reinforces the perception of Dubai as a stable, high-growth market.
Portfolio Differentiation: Exposure to developers employing advanced capital strategies and luxury partnerships translates into long-term value.

How Harpreet Real Estate LLC Can Help

We connect savvy investors with developers like Binghatti who shape Dubai’s upscale property landscape. Our services include:
Access to exclusive listings in Bugatti, Mercedes-Benz, and Jacob & Co. branded residential towers.
Insights into developer credit health, financing structure, and project pipeline.
High-return positioning across luxury, branded, and ultra-prime sectors.
End-to-end transaction support: from legal to rental management and Golden Visa guidance.

Final Takeaway
Binghatti’s $500 million sukuk issuance, oversubscribed five times, isn't just a financing milestone it’s a vivid signal of global investor belief in Dubai’s real estate trajectory. With Moody’s and Fitch affirming Binghatti’s strength, and luxury sales rebounding sharply, the emirate remains one of the most attractive markets for capital today.
At Harpreet Real Estate LLC, we translate these macro signals into tailored investment strategies your gateway to Dubai’s premium property universe.