Mercedes-Benz Places by Binghatti is an off-plan project by Binghatti in Downtown Dubai, Dubai. Prices start from AED 11,499,998, the payment plan is 20% On booking · 50% During construction · 30% Upon Handover, handover is expected in Q4 2026 and construction is 62% complete.
Mercedes-Benz Places by Binghatti is an off-plan residential tower in Downtown Dubai, built by Binghatti. It has 60 apartments in one building. The Dubai Land Department (DLD) register shows construction at 62% and handover expected in Q4 2026. Prices in the developer's list start from AED 11,499,998 and may change.
Mercedes-Benz Places by Binghatti at a glance
| Item | Detail |
|---|---|
| Developer | Binghatti |
| Area | Downtown Dubai |
| Property type | Apartments, 2–4 bed |
| Units / buildings | 60 units in 1 building |
| Construction start | December 2023 |
| Construction progress (DLD) | 62% |
| Expected completion (DLD) | Q4 2026 |
| Starting price | AED 11,499,998 (developer list, may change) |
| Highest listed price | AED 35,799,999 |
| Payment plan | 20% on booking, 50% during construction, 30% on handover |
| Service charge | AED 25 per sq ft |
| Furnishing | Semi-furnished |
| Sales status | On sale |
Prices and unit sizes
The price list shows two-bedroom apartments of about 1,835–1,836 sq ft. Listed "from" prices run between AED 11,299,999 and AED 14,899,999. A larger two-bedroom of 2,533 sq ft starts from AED 16,999,999. The list I have does not give sizes or prices for the three- and four-bedroom units, or say which unit sits at the top price of AED 35,799,999. The headline starting price and the lowest unit line also differ slightly, so confirm exact figures before you decide. Ask Dani for the latest price list and floor plans.
Amenities
- Sky Infinity Pool
- Podium Pool
- Private Pool
- Spa and gym
- Concierge service
- Food and beverage
The developer describes a tower inspired by the Mercedes-Benz idea of "Sensual Purity". Its façade uses elements of the three-pointed star. Apartments have equipped kitchens. The developer's text mentions both furnished and unfurnished units, while the register lists the project as semi-furnished. Check what your unit includes in the sales contract.
Location: Downtown Dubai
Downtown Dubai is the central district around Burj Khalifa and The Dubai Mall. It sits close to Sheikh Zayed Road and Business Bay. The area is known for its walkable streets, hotels, restaurants and city views. It suits buyers who want a central address, whether to live in or to hold as an investment. Prices here are high compared with most of Dubai, and this project reflects that. See other launches in Downtown Dubai off-plan projects.
Every listed unit is priced above AED 2 million. That is the usual threshold for the UAE Golden Visa through property. Eligibility depends on current rules and on how the property is registered. Confirm the requirements with the authorities or a qualified adviser before you rely on it.
Construction progress and handover
DLD data shows construction began in December 2023 and had reached 62%. Expected completion is Q4 2026. The project is not complete, and the date is an expectation, not a promise. Off-plan dates can move.
Before you buy, check these points:
- The latest progress certificate or site update.
- The handover date written in the sales and purchase agreement (SPA).
- What the SPA says about delays.
- Service charges. At AED 25 per sq ft, a 1,835 sq ft apartment would be roughly AED 45,900 a year. This is only an indication, and the final figure is set by the authorities and the owners' association.
About the developer
Binghatti is a Dubai developer known for buildings with distinctive, angular façades. This project is branded in collaboration with Mercedes-Benz. You can compare it with other launches on the Binghatti off-plan projects page.
How to buy off-plan in Mercedes-Benz Places by Binghatti
- Choose a unit. Ask for the current availability, floor plans and price list.
- Reserve. You sign a reservation form and pay a booking deposit. Under this plan, 20% is due on booking.
- Sign the SPA. Read the payment schedule, handover date and delay terms.
- Register with DLD. The sale is registered through Oqood, the off-plan register. The DLD fee is 4% of the price, plus admin fees.
- Pay into escrow. Dubai law requires off-plan payments to go into a project escrow account. Never pay a developer directly into any other account.
- Complete at handover. The final 30% is due on handover.
Foreign buyers can buy in designated freehold areas, which include Downtown Dubai. For general questions, see the Dubai property buying FAQ, or browse all Dubai off-plan projects.
To get the latest prices, availability and payment plan for Mercedes-Benz Places by Binghatti, contact Dani.
Frequently asked questions
Who is the developer of Mercedes-Benz Places by Binghatti?
The developer is Binghatti. The project is branded in collaboration with Mercedes-Benz.
Where is Mercedes-Benz Places by Binghatti located?
It is in Downtown Dubai, the central district around Burj Khalifa and The Dubai Mall.
When is handover expected?
The DLD register shows expected completion in Q4 2026, with construction at 62%. The date is an expectation and can change, so check the handover date in your SPA.
Is the project registered with DLD and protected by escrow?
It appears in the Dubai Land Department project register. Dubai law requires off-plan buyer payments to go into a project escrow account, so confirm the account details before you pay.
What is the payment plan and how do I get prices?
The listed plan is 20% on booking, 50% during construction and 30% on handover. Prices start from AED 11,499,998 and may change, so ask Dani for the current price list and floor plans.
Can foreigners buy in Mercedes-Benz Places by Binghatti?
Yes. Foreign buyers can buy freehold property in designated areas of Dubai, including Downtown Dubai. You will need a valid passport and must pay the 4% DLD fee.
Project facts come from the Dubai Land Department project register and the developers' published price lists, and are refreshed regularly. Prices, availability and payment plans can change at any time: ask Dani for the latest.
Prices, availability and payment plans change often and are set by the developer. Ask for the latest details before making a decision.
