How much does Binghatti Mercedes Benz Places cost?

Prices at Binghatti Mercedes Benz Places start from AED 8,900,000 (about $2.42M) for 2-bedroom, 3-bedroom, 4-bedroom, 5-bedroom and 6-bedroom homes, which is around AED 5,612 per sqft, estimated from the unit sizes. Asking prices come from the developer and change without notice.

When does Binghatti Mercedes Benz Places hand over?

Binghatti Mercedes Benz Places is expected to hand over in Q4 2026. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.

What is the payment plan at Binghatti Mercedes Benz Places?

Binghatti Mercedes Benz Places is offered on a 20/50/30 plan: 20% on booking, 50% during construction and 30% at handover. Developers change plans between phases, so confirm yours before signing.

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. You can see every project by Binghatti Developers we list, and how their asking prices compare with registered sales, on their page.

Can foreigners buy at Binghatti Mercedes Benz Places?

Binghatti Mercedes Benz Places is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.

Is Binghatti Mercedes Benz Places registered and escrow-protected?

Binghatti Mercedes Benz Places is registered with the Dubai Land Department (DLD) under number 2545. Buyer payments go to escrow account 0011370621096. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.

Downtown Dubai · Dubai

Binghatti Mercedes Benz Places by Binghatti Developers

Under constructionApartment, Penthouse, Duplex2 bed to 6 bed, 1,586 – 18,101 sqft35Weak

From

AED 8,900,000

≈ $2.42M · AED 5,612/sqft est.

Open in the map

Price from: AED 8.9M; ≈ $2.42M
Per sqft: AED 5,612; estimated
Handover: Q4 2026; 65.25% built
Payment plan: 20/50/30

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.

Prices start at AED 8,900,000 on a 20% booking, 50% during construction and 30% on handover plan, with handover scheduled for the fourth quarter of 2026. 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.

The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.

163 branded homes in Downtown Dubai
2 to 4-bedroom apartments, penthouses to 18,101 sq ft
20/50/30 payment plan
Handover Q4 2026, 65% built

Developer: Binghatti Developers
Area: Downtown Dubai
Status: Under construction
Sales launch: 15 Dec 2023
Total units: 163
Ownership: Freehold

Payment plan

Down payment: 20%
During construction: 50%
On handover: 30%

20% Down Payment (On Booking Date); 50% During Construction (1st to 16th Installment); 30% On Handover (100% Completion)

Unit types

Type	Bedrooms	Size (sqft)
Apartment	2 bed	from 1,586
Apartment	3 bed	—
Apartment	4 bed	up to 3,785
Penthouse	4 bed	from 3,618
Penthouse	5 bed	up to 7,182
Duplex · Duplex Penthouses	5 bed	12,475
Penthouse · Triplex Penthouse	6 bed	18,101

Rendr score

35of 100 · Weak

Based on 4 of 7 factors, 60% of the weight. Our opinion, not investment advice.

Every factor, its weight and the data behind it are listed below. The formula is public: how the Rendr score works.

How it was scored

Price against what buyers actually paidweight 25
Asking AED 5,612/sqft (estimated) against the median of AED 3,595/sqft for apartments in Downtown Dubai: 56.1% above. Off-plan sales, last 6 months, 234 sales.
DLD's register of sales, as of 9 Sep 2026
12
Developer track recordweight 20
Needs the owner's assessment of the developer.
not yet assessed
Payment planweight 15
20% down, 50% during construction, 30% on handover.
tanamiproperties.com (tanamiproperties.com/Projects/Binghatti-Mercedes-Benz-Places), saved 2026-09-09; DLD project register (2545), read 2026-09-09, as of 9 Sep 2026
50
Location and infrastructureweight 15
Needs the owner's assessment of the area.
not yet assessed
How easy it is to sell laterweight 10
1,019 sales of finished apartments registered in Downtown Dubai in the last twelve months.
DLD's register of sales, as of 9 Sep 2026
100
Construction on scheduleweight 10
65.25% built against 90% expected by now (launched 15 Dec 2023, handover by 31 Dec 2026).
tanamiproperties.com (tanamiproperties.com/Projects/Binghatti-Mercedes-Benz-Places), saved 2026-09-09; DLD project register (2545), read 2026-09-09, as of 9 Sep 2026
2
The basics on fileweight 5
Needs a check of the escrow account and the DLD project registration.
not yet assessed

How the score has changed

35 → 35 on 9 Sep 2026: Price against what buyers actually paid fell from 13 to 12.

Price against the market

+56%above

Asking AED 5,612/sqft (est.) against the DLD median of AED 3,595/sqft for apartments in Downtown Dubai, as of 9 Sep 2026.

Off-plan sales, last 6 months, 234 registered sales. Source: Dubai Land Department open data.

DLD registers every sale in Dubai. The median is what buyers actually paid per sqft nearby; the gap shows where this asking price sits against it.

Amenities

Beach Access
Dining Outlets
Gymnasium
Health Care Centre
Kids Play Area
Parks and Leisure Areas
Restaurants
Supermarket
Swimming Pool

Location

The Burj Khalifa and Dubai Mall district, Dubai's central address for branded apartments.

Registration and trust

Escrow account: 0011370621096
DLD project registration: 2545
Developer licence: Not published yet
Brochure: Not published yet
Figures from: tanamiproperties.com (tanamiproperties.com/Projects/Binghatti-Mercedes-Benz-Places), saved 2026-09-09; DLD project register (2545), read 2026-09-09
Last verified: 9 Sep 2026

An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit.

Changes

9 Sep 2026
Listed on the site
Source: tanamiproperties.com (tanamiproperties.com/Projects/Binghatti-Mercedes-Benz-Places), saved 2026-09-09; DLD project register (2545), read 2026-09-09

All projects in Downtown Dubai

Binghatti Skyblade

Binghatti Developers · Downtown Dubai

AED 1.67MAED 4,351/sqft est.

Q4 202720/50/30+21% vs DLD (est.)

Studio, 1, 2 & 3 bed

Enara by Omniyat

OMNIYAT · Business Bay

AED 60MAED 7,211/sqft est.

Q1 20285/65/30

Studio

Burj Binghatti

Binghatti Developers · Business Bay

AED 8.4MAED 4,200/sqft est.

Q2 202635/35/30+64% vs DLD (est.)31Weak

2, 3, 4, 5, 6 & 7 bed

Binghatti Mercedes Benz Places: questions buyers ask

How much does Binghatti Mercedes Benz Places cost?: Prices at Binghatti Mercedes Benz Places start from AED 8,900,000 (about $2.42M) for 2-bedroom, 3-bedroom, 4-bedroom, 5-bedroom and 6-bedroom homes, which is around AED 5,612 per sqft, estimated from the unit sizes. Asking prices come from the developer and change without notice.
When does Binghatti Mercedes Benz Places hand over?: Binghatti Mercedes Benz Places is expected to hand over in Q4 2026. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the payment plan at Binghatti Mercedes Benz Places?: Binghatti Mercedes Benz Places is offered on a 20/50/30 plan: 20% on booking, 50% during construction and 30% at handover. Developers change plans between phases, so confirm yours before signing.
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. You can see every project by Binghatti Developers we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at Binghatti Mercedes Benz Places?: Binghatti Mercedes Benz Places is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is Binghatti Mercedes Benz Places registered and escrow-protected?: Binghatti Mercedes Benz Places is registered with the Dubai Land Department (DLD) under number 2545. Buyer payments go to escrow account 0011370621096. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.