Mercedes Benz Places by Binghatti

Key facts

Handover

Q4 2026

Status

Under construction

Ownership

freehold

Property types

apartment, penthouse

Availability

Limited availability, confirm with us

Payment plan

Available units

Amenities

• Valet Parking
• Gymnasium
• Restaurants
• Retail Facilities
• Yoga room
• Beach Access
• Well-being and Fitness
• Shared Spa
• Children's Play Area
• Barbecue Area
• Shared Pool

Location

Mercedes Benz Places by Binghatti sits in Mercedes Benz Places by Binghatti.

Master plan

The developer’s own site plan for Mercedes Benz Places by Binghatti, showing how the buildings, roads and open space sit together.

How Mercedes Benz Places by Binghatti compares

Entry here is AED 10M, against a median of AED 2.5M across the 24 priced projects in Downtown Dubai, which puts it above 18 of them and below 5. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q4 2026, alongside 206 other projects completing in the same quarter. Binghatti Developers has 70 projects in our catalogue, 2 of them in Downtown Dubai.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 20% on booking, 50% during construction and 30% at handover. At the AED 10,299,999 entry price, that is AED 2,060,000 to reserve a unit, AED 5,150,000 across the build, and AED 3,090,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 412,000 at this entry price. That 20% booking payment does not go to Binghatti Developers directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 2,710 square feet at AED 22,899,999, which works out at AED 8,450 per square foot. Stated sizes run from 1,837 to 6,909 square feet.

Ownership and residency

Mercedes Benz Places by Binghatti is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development qualifies on its own.

What it costs to hold

Service charges in Downtown Dubai run roughly 17 to 40 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation. On the 1,837 square foot entry unit that is about AED 31,000 to AED 73,000 a year.

Who it suits

The development is apartments and penthouses in 2 to 5 bedroom layouts. Every layout is 2 bedrooms or more and the site has children's facilities, which is family stock rather than investor stock.

What is on site

Shared facilities recorded for Mercedes Benz Places by Binghatti lead with valet parking, retail facilities, yoga room, beach access, well-being and fitness and shared spa, alongside the gymnasium, restaurants, children's play area, barbecue area and shared pool that most Dubai developments carry. 9 floor plans are published for it.

Frequently asked