MOONLIGHT by Binghatti: Prices on the Creek in Al Jaddaf

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Hello everyone. A scheme with direct access to the Dubai Creek promenade, holding homes and offices together. Today, MOONLIGHT by Binghatti is what we are looking at today!

For prices, taxes and the whole buying process, see our guide: Dubai Property Guide

Apartment types, current price range and location: see the project page

Al Jaddaf Waterfront, an area developing on the bank of the Dubai Creek. Binghatti Developers is developing a mixed use scheme here: 236 homes, 47 offices and on the ground floor 3 commercial units. The apartments are one, two and three bedroom; there is no studio in this scheme. And most importantly: direct access to the Dubai Creek promenade. Completion the second quarter of 2026. Yes, you read that correctly.

Prices

• One bedroom: AED 1,429,999and up
• Two bedroom: AED 1,899,999onwards
• Three bedroom: AED 3,046,999onwards
• Total 236 homes, 47 offices, 3 commercial units
• Completion: the second quarter of 2026
• Konum: Al Jaddaf Waterfront, Dubai

This scheme is not an investment studio. Most of the other Binghatti schemes in our portfolio consist of studios and compact one bedroom apartments. Moonlight starts at one bedroom and runs up to three. In other words the target audience is different: buyers who will live here or let to a family tenant.

Why Moonlight?

Mixed use: homes and offices together

The 47 office units take the scheme out of the category of a mere residential block. That has two practical benefits: the building stays alive through the day (it is not a tower that empties in the evening), and the commercial units on the ground floor meet daily needs within the building. It also creates the possibility, for anyone running their own business, of keeping home and office in the same building.

• Dubai Creek gezinti yoludirect access to
• Al Jaddaf metro station (Green Line) close by
• Downtown Dubai and Business Bay a few minutes away
• Dubai International Airport about 10 minutes
• The art centres in the district and Dubai Festival City close by

The Creek bank: a view that will not be built out

The Dubai Creek is the historic waterway of the city. Promenades have been laid out along the shore and those areas are protected. Waterside housing always carries a premium in Dubai; here you buy it below the prices of the central districts.

Daily life: on the Creek bank

A morning run on the promenade, then your office in Business Bay by metro or a few minutes away. Lunchtime in the commercial units on the ground floor. A walk on the Creek bank or the art centres of the district in the evening. At the weekend Downtown is a few minutes away and Dubai Festival City is close. Al Jaddaf is one of the residential areas nearest the airport; for anyone who travels often that is a direct advantage.

Moonlight rental yield

The tenant profile in Al Jaddaf is varied: people working in the airport and aviation sector, those who work in Business Bay and Downtown but are looking for a more affordable rent, and professionals in the creative sector. In this price and type segment the gross rental yield is typically 6% to 7% band.

The absence of studios pulls the return down somewhat (compact apartments produce a higher rent per square metre), but in return you get a more stable tenant: families and long stayers remain a long time and the turnover rate is low. And again: from this income no tax is withheld.

The shared areas and the details that set Moonlight apart

• Access to the Dubai Creek promenade: waterside living, straight from your door.
• 47 office units: mixed use; the building is alive all day and home and work at the same address are possible.
• Commercial units on the ground floor: daily needs within the building.
• Swimming pool: A pool and lounge area for residents only.
• Fitness facilities: A fully equipped gym with no membership needed.
• Generous balconies: A design that brings the Creek and the city view inside.
• From one to three bedrooms: generous types suitable for family use.
• A mid scale of 236 homes: none of the crowding of the giant towers.

Who is buying?

This project of buyers who will live in Dubai and of investors targeting a family tenant choice. The absence of studios takes the scheme out of the category of a short term investment product and closer to a place to live. And for anyone running their own business, having home and office in the same building is a practical advantage. Proximity to the airport is decisive for business people who travel often.

Frequently asked questions

What kind of area is Al Jaddaf? An area on the bank of the Dubai Creek where cultural institutions are concentrated. It is not as showy as Downtown or Business Bay, but it has a metro link, it is very close to the airport and its prices are below the central districts. In our portfolio in this area there is Art Bay projesi de bulunuyor.

Why is there no studio? The scheme was conceived from the outset with larger types. That lowers the investment return somewhat but raises the quality and stability of the tenant. If you are looking for a compact investment apartment we would suggest looking at our JVC schemes.

Does every apartment have a Creek view? No, it varies with the aspect and the floor. Apartments with a water view are markedly more valuable; we guide you on the choice of aspect.

What is the tenure? Al Jaddaf is a freehold area; foreign nationals can hold full title.

Total cost: what you actually pay when you buy at MOONLIGHT

This is where Dubai’s biggest advantage shows: no property tax, no capital gains tax, no tax on rental income. While an investor in the United Kingdom deals with stamp duty, income tax and capital gains tax on sale, in the Emirates none of these exists for an individual investor. In return there is a one off transfer cost. Let us calculate on an apartment worth AED 1,429,999:

Government fees come to roughly 4.5% of the price; add the agency commission and the total acquisition cost lands in the 6-7% band. With a mortgage there is also a mortgage registration fee of 0.25% of the loan plus bank charges. On resales the developer’s no objection certificate (NOC) can cost between AED 500 and AED 5,000.

The only recurring item after that is the service charge: In the Emirates this charge is calculated per square foot per year and is supervised by the Dubai Land Department. It varies a great deal with the quality of the building and its amenities, and because it feeds straight into the net yield you should always ask for the current figure before buying. We obtain it for every apartment on your behalf.

Golden Visa: ten year residency through property

This is the biggest difference between investing in Dubai and investing in the United Kingdom. Buying property in the UK gives you no right of residence; in the United Arab Emirates, AED 2 million owning residential property worth a ten year Golden Visa. The visa covers your spouse and children as well.

In this project the entry price sits below the threshold. An apartment at the AED 1,429,999 level is not enough on its own; roughly AED 570,001 more is needed to reach the threshold. The good news is this: the value of several properties can be combined. You can reach the threshold with a larger apartment in the project or with a second property; we work out which combination gets you there.

The rules were relaxed in 2026, and this matters:

• Mortgaged property is accepted as well. A "paid up amount" or a "50% equity" condition used to apply; now the total value reaching AED 2 million is enough.
• Off plan property counts too (provided it was bought from an approved developer). So you can spread the payments across the build and still reach the threshold.
• The value of more than one property can be added together. You do not have to buy a single expensive apartment.

Visa rules are updated from time to time, so we confirm the current conditions with you before an application. If residency is part of your plan, it belongs at the start of the purchase decision, not at the end.

The MOONLIGHT buying process, step by step

If you are buying from another country, the process runs like this:

• 1. Choosing the apartment and reserving it. We settle the floor plan, the tower and the aspect. The reservation form is signed and a down payment of usually 5-10% of the price is made.
• 2. Sale and purchase agreement (SPA). The contract with the developer is signed and the payment plan is fixed. The signature can be given remotely.
• 3. Oqood registration. An off plan purchase is registered with the DLD and the 4% DLD fee is paid at this stage. That registration is the official proof that the property is recorded in your name.
• 4. Escrow account. Your payments do not go into the developer’s pocket but into a RERA supervised escrow account, released as construction progresses. This is the single most important protection for an off plan purchase in Dubai.
• 5. Payment plan. Instalments tied to construction milestones, with the balance on handover.
• 6. Handover and title deed. Once the building is handed over the title deed is issued in your name.

You can run the whole process from your own country; you do not have to travel to Dubai. There is no restriction on foreign nationals owning property in freehold areas.

Risks and what to watch for

We have set out the strengths; in fairness there are points to watch as well. For MOONLIGHT, these are the ones worth pausing on:

• No studio, a high entry price: the scheme starts at one bedroom; not suitable for anyone looking for a compact investment apartment.
• Mixed use brings traffic into the building: 47 office units mean movement during the day; it should be taken into account by anyone looking for complete quiet.
• Al Jaddaf is not yet an established residential area: The cultural institutions are strong, but the neighbourhood fabric is not as developed as Downtown or Marina.
• Off plan completion risk: The second quarter of 2026 is targeted; the handover schedule can change, so have the contract reviewed.

None of this makes the project a bad one, but there is a wide gap between buying with your eyes open and finding out afterwards. We give every client this list up front.

How does MOONLIGHT compare with the alternatives?

Before you decide, it is worth looking at the other projects in the same budget band:

• Art Bay: An art focused alternative in the same area at a more affordable entry price.
• DT1 by Ellington: For anyone wanting a Downtown address at boutique scale.
• CULLINAN by Binghatti: An upper segment alternative in a similar price band in Business Bay.

We can work out together which project fits your goal, judged on budget, intended use and exit plan. For an overview, our guide to UK property investment for international buyers is worth reading too.

Answers to the most common questions on this topic: Can You Buy Property in Dubai in Instalments? How Payment Plans Work