Why Al Jaddaf, and why now
Al Jaddaf's whole investment story is timing: this stretch of Dubai Creek — historically a dhow-building yard — was only opened to full freehold ownership for all nationalities in January 2025. That's recent enough that trading history is thin compared to Business Bay or Downtown, but it's also the reason entry prices here sit meaningfully below those better-established districts while still offering a genuine waterfront position roughly 10 minutes from Downtown Dubai and Burj Khalifa.
The tower sits close to Al Jaddaf Metro Station (commonly cited as a few minutes' walk), with reasonably quick reach to Dubai International Airport, Dubai Healthcare City, and Dubai Design District (D3). Binghatti already has a meaningful footprint in this specific corridor — by some counts, seven Binghatti projects sit in Al Jaddaf alone, including Pinnacle, which already has a live offer on our Binghatti offers page.
The building
Wraith is a 19-storey tower carrying Binghatti's signature geometric, cantilevered-balcony facade — the same design language that runs through Sky Terraces and Pinnacle, adapted here to a waterfront setting. The unit mix runs from studios through 3-bedroom apartments, plus a "Royal Suite" tier at 2 and 3 bedrooms, with sizes reported from around 341 sq ft up to roughly 2,563 sq ft for the largest Royal Suites.
As a real example: a 1-bedroom unit we've seen documentation for (Unit 925, Level 9) runs to 601.70 sq ft of suite area plus a 60.49 sq ft terrace, 662.20 sq ft total, at AED 1,250,000 — slightly below the price floor we'd previously reported for this unit type, so we've updated that figure below.
Amenities
Price and timeline — live inventory snapshot
Public listings widely cite starting prices around AED 799,999 for a studio, with 3-bedroom Royal Suites reported up to roughly AED 3.5 million. A current inventory snapshot we've been given tells a more specific story:
| Unit type | Units available | Price range (AED) |
|---|---|---|
| 1 Bedroom | 90 | 1,250,000 – 2,349,999 |
| 2 Bedroom | 10 | up to 2,349,999 |
Example payment plan structure
A real payment schedule we've seen for a Wraith 1-bedroom unit runs like this: 20% on booking, then five monthly instalments of 2% (roughly one month after booking through month five), followed by ten monthly instalments of 1% (through to just over a year after booking), and a final 60% due on completion. Alongside this, standard Dubai Land Department charges of 4% and a small fixed administration fee apply at registration.
| Stage | Timing | Percentage |
|---|---|---|
| Booking | On reservation | 20% |
| Instalments 2–6 | Monthly, months 1–5 | 2% each (10% total) |
| Instalments 7–16 | Monthly, months 6–15 | 1% each (10% total) |
| Completion | On handover | 60% |
This is a snapshot, not a live feed — treat it as accurate for the date shown and confirm current numbers with us before acting on it.
The broader price range above is drawn from public listings current as of mid-2026. The specific unit example and payment schedule, though, came from a real sales offer issued directly to us — one with a tight expiry window (2 August 2026), so by the time you're reading this it's likely already lapsed. Treat the exact price as a very recent reference point, not a live quote, and ask us for what's actually open today.
Latest construction updates
Binghatti posts its own site-progress videos directly to its official YouTube channel — the most reliable way to see current construction status is straight from the source rather than a third-party re-upload.
Binghatti Wraith updates → All Binghatti project updates →
We haven't found a dedicated Wraith construction-update video from Binghatti yet — the project only launched in June 2026, so that's likely just a timing gap rather than anything to read into. The search link above pulls live results, so it'll surface one automatically as soon as Binghatti posts it.