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Work

What
Gets Built

Five bodies of work founded on one decision made in 2008. Each is described from the public record: what it is, what it required, and why it counts.

Portfolio

90+ projects
$27 billion

The portfolio figure Forbes attributes to Binghatti Holding, the company he founded and owns outright.

Branded residences

Three houses, one developer

Partners
Bugatti · Mercedes-Benz · Jacob & Co
Status
Delivered and in development

Binghatti is described as the first and only developer in the world to have formed branded residential partnerships with Bugatti, Mercedes-Benz and Jacob & Co.

CategoryBranded residential
Sectors representedHyper-luxury automotive, automotive, high jewellery
Founder’s roleFounder and owner of the developing company

Context. Branded residences attach a consumer marque to a building. The brand supplies recognition and a standard; the developer supplies the site, the capital and the delivery. The arrangement only works if the developer can hold the standard the brand arrived with.

The difficulty. Houses of this order do not lend their names casually. Bugatti, Mercedes-Benz and Jacob & Co each operate in categories where the name is the principal asset, and each has more to lose from a poor building than it has to gain from a good one.

Outcome. All three partnerships sit with the same developer — a combination that, on the public record, no other company holds. For a business founded in 2008, assembling that set is the clearest external verification of its delivery record.

Business Bay, Dubai

Burj Binghatti Jacob & Co Residences

Announced
November 2022
Work began
October 2022
LocationBusiness Bay, Dubai
PartnerJacob & Co
Stated ambitionTallest residential building in the world
AnnouncedNovember 2022

In November 2022 Binghatti announced a collaboration with Jacob & Co to construct what was intended to be the tallest residential building in the world, in Business Bay. Work started the month before the announcement.

Why height is difficult. A supertall residential tower is not a taller version of a normal one. Vertical transportation, structural damping, water pressure, facade access and evacuation all change character with height, and each is a discipline in itself. The engineering content of the project is far larger in proportion than the architecture.

Significance. For the company’s founder, the project marks the point at which Binghatti stopped competing on volume and began competing on the hardest available benchmark in its own market.

Business Bay, Dubai

Bugatti Residences by Binghatti

Announced
2022
Construction from
March 2023

Announced in 2022 with construction beginning in March 2023, Bugatti Residences is a Business Bay tower developed with the French hyper-luxury automaker — the marque’s residential collaboration in Dubai.

The brief. A residential building carrying an automotive marque has to translate an engineering culture into architecture. Bugatti’s identity rests on precision manufacturing at very low volume; a building that borrows the name has to answer for that in tolerances and finish rather than in styling alone.

Role. The project sits within the portfolio of the company Hussain Binghatti Aljbori founded and owns. The partnership is one of the three that make Binghatti’s branded residential position singular.

PartnerBugatti
LocationBusiness Bay, Dubai
Announced2022
ConstructionFrom March 2023

Capital markets

A listed sukuk programme

Debut issue
2024
Listed
Nasdaq Dubai & London Stock Exchange

The least visible of the five, and arguably the most consequential: the decision to fund growth on public debt markets rather than by selling equity.

What happened. Binghatti issued its debut US-dollar sukuk in 2024. In August 2025 the company issued a further $500 million sukuk, listed on both Nasdaq Dubai and the London Stock Exchange. Chief executive Katralnada Binghatti is credited with championing the listing programme.

Why it matters to the founder. Sukuk are structured against assets and their income rather than against shares in the company. Raising several hundred million dollars this way funds development at scale while leaving the ownership register untouched — which is how a portfolio of more than 90 projects can coexist with a founder who still holds 100 per cent of the business.

The trade. A London listing is not free. It brings a private, family-controlled developer under the disclosure and reporting expectations of an international exchange. The company accepted that scrutiny in exchange for the capital — and kept the equity.

2024

Debut US-dollar sukuk

The company’s first issuance in that market.

$500M

August 2025 issuance

Listed on Nasdaq Dubai and the London Stock Exchange.

100%

Ownership after

Retained by the founder throughout.

The founding work

Binghatti itself

Founded
2008, Dubai
Ownership
100% retained

The projects are the output. The company is the thing that was actually built.

Editorial observation — hussainbinghatti.com

Context. Every case above is downstream of one decision taken in 2008. Hussain Binghatti Aljbori founded the company in Dubai and named it for his late father, Ghatti Bin Ghaeb, so that the brand would carry across generations.

Approach. The company describes its aim as creating “hyper-properties that reflect iconic architecture” — buildings intended to be instantly recognisable. Held across more than 90 projects, recognisability becomes a manufacturing standard rather than a styling choice, which is a problem an engineer is unusually well equipped to frame.

Outcome. A portfolio Forbes values at $27 billion, three branded partnerships no other developer holds together, a listed sukuk programme, and a chairmanship transferred to the next generation — with the founder’s ownership intact.

Significance A business designed from the outset to be handed on, and structured financially so that handing it on remained possible.

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