Dubai-based developer Binghatti has launched Binghatti Capital, a new asset management company based in Dubai International Financial Centre (DIFC). The new firm will manage up to $1 billion in Shariah-compliant investments focused on real estate and private credit.
This move marks Binghatti’s entry into the financial sector as it looks to expand beyond traditional real estate development and explore new funding options. Binghatti Capital has received regulatory approval and will serve professional investors only.
“This is a major step in growing Binghatti Holding’s presence in the financial sector,” said Katralnada Binghatti, Executive Director of Binghatti Capital. “It also gives us access to new sources of capital, helping us grow further.”
The company’s real estate strategy will focus on off-plan residential projects in Dubai, as well as buying, developing, and selling homes. This aligns with the city’s strong property market, where demand for both off-plan and ready properties remains high.
Binghatti Capital will also invest in private credit, especially in supply chain financing connected to the real estate and construction industries. This sector is growing in Dubai, supported by ongoing infrastructure projects and business-friendly tax policies.
The firm’s move into non-bank lending follows a wider trend in the Gulf region, with others like Amwal Capital Partners also offering direct loans to mid-sized businesses and real estate developers.
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