Burj Binghatti Jacob & Co Residences

Burj Binghatti Jacob & Co Residences is the project that will, if its current schedule holds, make Dubai’s Business Bay home to the world’s tallest residential tower. The 557-meter, 104-story supertall broke ground on above-ground construction in February 2025 and was reported at roughly 23% complete in early 2026, with the developer targeting a Q2 2026 to early-2027 completion window depending on which leaseback program the sales material is referencing.

Binghatti Developers is the local Emirati developer. Jacob & Co (the New York-based luxury watch and jewellery house) is the branded-residences partner. Silver Stone Engineering Consultants is the architect of record. Granada Europe Engineering Contracting is the main contractor.

Project Scope

The tower rises on Marasi Drive in Business Bay’s Dubai Water Canal frontage, on a plot Binghatti acquired in 2022. Above-ground program: 104 residential floors plus seven basement levels housing parking, mechanical plant, and back-of-house facilities. Residences are 2- and 3-bedroom apartments, with a small number of full-floor “Sky Mansion” units near the top of the tower and a “Sapphire” rooftop residence (the latter is a marketing item more than a unit count item, but typical for branded residences at this scale).

The structural system is reinforced concrete with a perimeter outrigger and a deep central core. The facade is a unitized aluminum-and-glass system with diamond-pattern accents that reference Jacob & Co’s signature watch dial geometry. Mechanical, electrical, and vertical-transport systems run on the same playbook as Dubai’s other supertalls: dedicated high-rise elevator banks, refuge floors at code-required intervals, multiple chilled-water plants.

Programmatic amenities on the tower’s mid-floors include a Jacob & Co-branded clubhouse, pool decks, fitness, spa, and a private cinema. That programming is largely identical to Dubai’s other ultra-luxury branded residences. The pricing premium comes from the brand association, not from incremental amenity area.

Why It Matters

Burj Binghatti is the most aggressive recent test of the branded-residences premium in the Dubai luxury market. Dubai supertall residential pricing has been climbing for three years, and Binghatti’s underwriting depends on the Jacob & Co marketing partnership commanding a measurable rent and resale premium over comparable unbranded supertall product.

The supertall residential category itself is concentrating in Dubai. Five of the world’s ten tallest residential-only towers either completed or topped out in Dubai since 2023, and another four are under construction. Burj Binghatti is the most visible of the in-progress group, and its commercial outcome matters for the next round of speculative supertall residential schemes elsewhere in the GCC.

The construction schedule is the harder question. A 23%-complete supertall in early 2026 with a Q2 2026 marketing completion date doesn’t reconcile, and at least one sales channel has now quietly shifted to a late-2026 or early-2027 handover narrative. Dubai’s supertall residential market has historically been forgiving about delivery slips of 6 to 12 months. The next 12 months of progress photography will determine which side of that window Burj Binghatti lands on.

Project Team & Details