Downtown Dubai · Dubai
Binghatti Mercedes Benz Places
by Binghatti Developers · Mercedes-Benz branded residences
- Fromper binghatti.com, 23 Sep 2026
- AED 11.5M≈ $3.13M
- Sold fromDLD, 12 months
- AED 8.5M
- Buyers paid vs DLD median
- +50%
Price, payment plan and homes
Price per binghatti.com, 23 Sep 2026- Starting price
- AED 11.5M
- ≈ $3.13M
- Bedrooms
- 2 bed to 6 bed
- 1,586 – 18,101 sqft · 163 units
- Payment plan
- 20/50/30
- AED 2.3M to book
- Handover
- Q1 2027
- 65% built per the DLD · likely later
DLD registered sales
- Sold from
- AED 8.5M
- · 25 sales, 12 months
- Last 90 days
- AED 10M – AED 30M
- · 9 sales
Homes and floor plans
163 homes · FreeholdPick a home: the plan and the forecast follow it.
- 4 bedApartmentup to 3,785 sqft4-beds paid AED 30M – 36.3MNot listed
- 5 bedPenthouseup to 7,182 sqftNot listed
- 5 bedDuplexfrom 12,475 sqftNot listed
- 6 bedPenthousefrom 18,101 sqftNot listed
Paid: middle half of each type's off-plan sales, Nov 2025–Oct 2026 · DLD
Full table
| Type | Bedrooms | Size (sqft) | Price | Per sqft | Floor plan |
|---|---|---|---|---|---|
| Apartment | 2 bed | from 1,586 | AED 11.5M | AED 7,251 | View |
| Apartment | 3 bed | — | AED 22.9M | — | View |
| Apartment | 4 bed | up to 3,785 | — | — | — |
| Penthouse | 4 bed | from 3,618 | AED 35.3M | AED 9,757 | View |
| Penthouse | 5 bed | up to 7,182 | — | — | View |
| Duplex · Duplex Penthouses | 5 bed | 12,475 | — | — | — |
| Penthouse · Triplex Penthouse | 6 bed | 18,101 | — | — | — |
Payment plan · 2-bed apartment
On AED 11.5M- 20% at bookingAED 2.3M
- 50% during construction, until handover (Q1 2027)AED 5.75M
- 30% on handover (Q1 2027)AED 3.45M
Before the keys: AED 8.05M, 70% of the price.
20% Down Payment (On Booking Date); 50% During Construction (1st to 16th Installment); 30% On Handover (100% Completion)
Location · Downtown Dubai · Dubai
The Burj Khalifa and Dubai Mall district, Dubai's central address for branded apartments.
Forecast
What the 2-bed apartment could be worth
The in-depth review
Why it scores 78
Price per sqft vs registered sales
Dubai Land Department open data · as of 4 Oct 2026+50% above what buyers paid nearby
13 off-plan sales, last 6 months · middle half AED 4,627 – AED 8,152
Off-plan sales, last 6 months, 213 registered sales in the area
Our estimate from the listed prices and unit sizes
Off-plan sales pace
2.2 a month
13 off-plan sales, last 6 months
How this is measured
Buyers paid a median of AED 5,502/sqft in this project (off-plan sales, last 6 months, 13 registered sales, as of 4 Oct 2026) against the DLD median of AED 3,674/sqft for apartments in Downtown Dubai, as of 4 Oct 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 8,504/sqft (est.). Source: Dubai Land Department open data.
How the 78 was scored
8 of 8 factors · 100% of the weight · 1 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleAssessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 13 registered off-plan sales here, against the median of 418 off-plan sales of AED 10M and more across Dubai · DLD
- Developer track record
- Our rating, 15 delivered projects, how its 24 finished buildings resell and who stands behind it
- Payment plan
- 20% down · 50% during construction · 30% on handover
- Location and infrastructure
- Our rating of Downtown Dubai, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 1,189 resales of finished apartments in Downtown Dubai this year · DLD
- Construction on schedule
- 65% built on the DLD register, handover Q1 2027
- How much is still being built nearby
- 1,593 homes sold in Downtown Dubai this year, 25% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence medium: what buyers paid here is a median of 13 registered sales, against 418 in the area; 13 is a small sample for one project.
79 → 78 8 Oct 2026, developer record factorScored since 9 Sep 2026 · 12 score changes
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 78
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,626 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 33 registered sales here: date, size and price paid
- All 8 factor scores, with the figure and source behind each
- Binghatti Developers' DLD record: 37 projects, 12 past their date
- Score history since 9 Sep 2026 and why each move happened
- Rent, a mortgage and fees in the forecast, year by year
See what buyers paid at Binghatti Mercedes Benz Places, and everything behind the 78.
- Projects scored
- 1,626
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q1 2027
Under construction · 65.25% built, the DLD's project register, 12 Sep 2026
Is Q1 2027 realistic? See how the construction factor scored it, and whyWhat this means
Also due in 2027 in Downtown Dubai: 6 more projects we list
Binghatti Developers: 15 projects delivered in the last ten years, typically 6 months late, none cancelled.
Binghatti Mercedes Benz Places is due to hand over in Q1 2027. Construction is 65.25% complete according to the DLD's project register (12 Sep 2026). At that progress it cannot hand over by Q1 2027 at any usual building pace. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 23 Sep 2026- Project registration2545
- Escrow account0011370621096
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from binghatti.com, tanamiproperties.com, the DLD's project register, read 23 Sep 2026, last verified 23 Sep 2026. Construction figure from the DLD's project register, 12 Sep 2026.
Before you pay: four things to check
1The escrow account
Pay only into escrow account 0011370621096, and check it on dubailand.gov.ae first.2The handover date
The listed date is Q1 2027. The DLD shows 65% built on 12 Sep 2026, a pace that points to later. Ask for the date in the sales agreement.3Today's price list
AED 11,499,999 is a starting price from binghatti.com, 23 Sep 2026. Ask for the unit's own price.4The instalment dates
20% at booking, 50% during construction, 30% at handover. Ask for each payment's date and amount.
About
Mercedes-Benz Places by Binghatti is a 163-home branded tower in Downtown Dubai. The apartments run from two to four bedrooms between about 1,586 and 3,785 sq ft, above which sit four and five-bedroom penthouses from 3,618 to 7,182 sq ft, a five-bedroom duplex penthouse of 12,475 sq ft and a six-bedroom triplex of 18,101 sq ft.
Read more
The project is Dubai register number 2545, started on 15 December 2023 with escrow account 0011370621096, and was 65% built at the register's last inspection.
- Developer
- Binghatti Developers
- Area
- Downtown Dubai
- Status
- Under construction
- Sales launch
- 15 Dec 2023
- Total units
- 163
- Ownership
- Freehold
Amenities
- Dining Outlets
- Gymnasium
- Health Care Centre
- Kids Play Area
- Parks and Leisure Areas
- Restaurants
- Supermarket
- Swimming Pool
What’s nearby
straight-line distance- Supermarket or mall300 m
- Metro or tram stop440 m
- Hospital or clinic1.1 km
- Beach1.8 km
- School2.4 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments5.8% in Downtown Dubai. A median rent of AED 147 per sqft a year on 8,419 new tenancy contracts, last 6 months, against AED 2,513 per sqft paid across 698 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Oct 2026. The working
More in Downtown Dubai
Compare side by sideAll projects in Downtown Dubai
Binghatti Mercedes Benz Places: questions buyers ask
How much does Binghatti Mercedes Benz Places cost?
Prices at Binghatti Mercedes Benz Places start from AED 11,499,999 (about $3.13M) for 2-bedroom, 3-bedroom, 4-bedroom, 5-bedroom and 6-bedroom homes, per binghatti.com on 23 Sep 2026.
What is the price per sqft at Binghatti Mercedes Benz Places?
Buyers paid a median of AED 5,502 per sqft at Binghatti Mercedes Benz Places (off-plan sales, last 6 months, 13 registered sales).
When is the Binghatti Mercedes Benz Places handover date?
Binghatti Mercedes Benz Places is expected to hand over in Q1 2027. The project is under construction, 65.25% built according to the DLD's project register.
What is the Binghatti Mercedes Benz Places payment plan?
Binghatti Mercedes Benz Places is offered on a 20/50/30 plan: 20% on booking, 50% during construction and 30% at handover.
Is Binghatti Mercedes Benz Places priced above or below what buyers paid nearby?
Buyers paid a median of AED 5,502 per sqft in Binghatti Mercedes Benz Places (off-plan sales, last 6 months, 13 registered sales), which is 50% above the median of AED 3,674 per sqft that buyers actually paid for apartments in Downtown Dubai, across 213 sales registered with DLD.
What is the Rendr Score of Binghatti Mercedes Benz Places?
Binghatti Mercedes Benz Places scores 78 of 100 on the Rendr Score, good, as of 1 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
What rental yield do apartments in Downtown Dubai make?
About 5.8% gross for apartments in Downtown Dubai, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of Binghatti Mercedes Benz Places?
Binghatti Mercedes Benz Places is being developed by Binghatti Developers. It sits in Downtown Dubai, Dubai.
Is Binghatti Mercedes Benz Places registered with DLD?
Binghatti Mercedes Benz Places is registered with the Dubai Land Department (DLD) under number 2545. Buyer payments go to escrow account 0011370621096. Check it at dubailand.gov.ae before you pay.
Changes
Listed 9 Sep 2026 · 3 corrections since, last 23 Sep 2026
Starting price corrected to AED 11.5M (was listed as AED 10.3M)
Source: binghatti.com, tanamiproperties.com, the DLD's project register, read 23 Sep 2026
Starting price corrected to AED 10.3M (was listed as AED 8.9M)
Source: binghatti.com, tanamiproperties.com, the DLD's project register, read 9 Sep 2026
Handover corrected to Q1 2027 (we had Q4 2026)
Source: binghatti.com, tanamiproperties.com, the DLD's project register, read 9 Sep 2026
Listed on the site
Source: tanamiproperties.com, the DLD's project register, read 9 Sep 2026
Still weighing Binghatti Mercedes Benz Places?
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