About Mercedes-Benz Places | Binghatti
Mercedes-Benz Places | Binghatti is a residential building by Binghatti Developers, in Downtown Dubai, Dubai. The project comprises 163 homes.
Key information
Developer
Binghatti Developers
- Expected handover
- Q4 2026
- Status
- Under construction
- Location
- Downtown Dubai, Dubai
- Master project
- DownTown Dubai
- Construction started
- 2023
- Number of buildings
- 1
- Number of units
- 163
- Registered with DLD
- 15 Dec 2023
- Escrow bank
- Sharjah Islamic Bank
- Escrow account no.
- 0011370621096
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2023
- Under construction65% complete
- Expected handoverQ4 2026
Construction progress
28 inspection photos from the Dubai Land Department. Latest 28 Apr 2026 at 65% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
2 Swimming Pools
Covered Parking
9 Elevators
67 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
117
Median price
AED 14.0M
Median price / sqft
AED 5K+7%
Off-plan share
100%
Priced 143% above than the Burj Khalifa median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 2 Bed | 73 | 2,361 sqft | AED 11.2M | AED 5K |
| 3 Bed | 35 | 3,119 sqft | AED 19.3M | AED 6K |
| 4 Bed | 9 | 3,981 sqft | AED 33.9M | AED 8K |
Price per sqft by year
+7% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 19 Aug 2026 | Off-plan | 2,711 sqft | AED 15.0M | AED 6K |
| 19 Aug 2026 | Off-plan | 1,837 sqft | AED 8.5M | AED 5K |
| 19 Aug 2026 | Off-plan | 2,535 sqft | AED 10.0M | AED 4K |
| 19 Aug 2026 | Off-plan | 1,837 sqft | AED 8.5M | AED 5K |
| 19 Aug 2026 | Off-plan | 2,711 sqft | AED 22.1M | AED 8K |
| 17 Aug 2026 | Off-plan | 3,568 sqft | AED 30.0M | AED 8K |
| 17 Aug 2026 | Off-plan | 2,535 sqft | AED 10.4M | AED 4K |
| 17 Aug 2026 | Off-plan | 3,568 sqft | AED 30.0M | AED 8K |
Unit mix
163 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 1 | - |
| 2 B/R | 86 | 1,837 - 4,390 sqft |
| 3 B/R | 65 | 2,618 - 3,428 sqft |
| 4 B/R | 11 | 3,568 - 5,602 sqft |
Payment plan
Payment plans are set by Binghatti Developers and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Downtown Dubai, Dubai.
Downtown Dubai
Dubai, United Arab Emirates
Frequently asked questions
Mercedes-Benz Places | Binghatti has a planned handover of Q4 2026, and the latest DLD inspection puts construction at 65% complete.
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