Mercedes-Benz Places Binghatti, Downtown | Under construction

Developer: Binghatti Developers · Downtown Dubai

Mercedes-Benz Places Binghatti

Mercedes-Benz Places Binghatti is a residential project by Binghatti Developers in Downtown Dubai, Dubai, with prices from AED 1 250 000, handover Q1 2028, construction 65.3% complete per the DLD registry, 163 units.

Price fromAED 1 250 000Developer supplied
HandoverQ1 2028Developer supplied
Construction65.3%DLD registry · checked 28 Apr 2026
Units163DLD registry
Mortgage~AED 5 280/moOur calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Layouts and sizes

TypeSize, sq.ft
2 Bedroom1 507–1 830
3 Bedroom2 153–2 314
4 Bedroom Penthouse2 637–3 014
5 Bedroom Penthouse6 709–7 182
Duplex Penthouse12 486

Payment plan 70/30

The purchase price is split into these stages.

120%Down payment
250%During construction
330%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Handover date & construction progress

65.25%
  • StatusActive
  • Construction started2023-12-15
  • HandoverQ1 2028
  • Status date28.04.2026
  • Progress between DLD inspections+16.76% (2025-10-14 → 2026-04-28)
  • Escrow bankSharjah Islamic Bank
  • DLD project number2545

Data from the Dubai Land Department project registry (updated 12.09.2026 09:55).

Construction progress 28
28 April 2026 65.25%
Mercedes-Benz Places Binghatti, Downtown Dubai construction progress — 28 April 2026, 65.25% complete, photo 1 of 9Mercedes-Benz Places Binghatti, Downtown Dubai construction progress — 28 April 2026, 65.25% complete, photo 2 of 9Mercedes-Benz Places Binghatti, Downtown Dubai construction progress — 28 April 2026, 65.25% complete, photo 3 of 9Mercedes-Benz Places Binghatti, Downtown Dubai construction progress — 28 April 2026, 65.25% complete, photo 4 of 9Mercedes-Benz Places Binghatti, Downtown Dubai construction progress — 28 April 2026, 65.25% complete, photo 5 of 9Mercedes-Benz Places Binghatti, Downtown Dubai construction progress — 28 April 2026, 65.25% complete, photo 6 of 9Mercedes-Benz Places Binghatti, Downtown Dubai construction progress — 28 April 2026, 65.25% complete, photo 7 of 9Mercedes-Benz Places Binghatti, Downtown Dubai construction progress — 28 April 2026, 65.25% complete, photo 8 of 9Mercedes-Benz Places Binghatti, Downtown Dubai construction progress — 28 April 2026, 65.25% complete, photo 9 of 9

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
07.09.20262 BR235.53 680 000
19.08.20263 BR251.922 099 999
19.08.20262 BR170.78 500 000
19.08.20262 BR170.78 500 000
19.08.20262 BR235.510 000 000
19.08.20263 BR251.915 000 000
17.08.20264 BR331.530 000 000
17.08.20264 BR331.530 000 000
17.08.20262 BR235.510 379 999
12.08.20262 BR235.58 500 000
10.07.20262 BR235.512 159 999
08.07.20263 BR318.521 300 000
30.06.20263 BR318.417 600 000
09.06.20263 BR304.018 000 000
23.03.20263 BR305.423 000 000
26.01.20263 BR318.517 160 000
23.01.20264 BR375.628 335 999
07.01.20264 BR520.550 000 000
26.12.20252 BR267.914 000 000
23.12.20252 BR235.57 799 988

Dubai Land Department transaction registry, updated 2026-09-10. Explore Dubai property transactions →

Registered transactions in Mercedes-Benz Places Binghatti

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

126deals since 2012
55 666AED per m², median
4%resale, the rest bought from the developer
-21%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +2% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
2 bedrooms23610 500 00044 49277
3 bedrooms30519 000 00062 29535
4 bedrooms35230 000 00085 2279

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2024 to 2026 — +3% on the price per square metre in this building. The district moved +10% over the same period, so the building lagged the market.

57 3252024
55 9732025
59 2202026*

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Amenities

  • Concierge service
  • Sky infinity pool
  • Private pool
  • Podium pool
  • Housekeeping
  • Gym
  • Food and beverage
  • Spa service
  • Parking access card
  • Valet service
  • Penthouses private parking
  • Smart system
  • Acoustic system
  • LEED certification
  • Solar photovoltaic technology
Mercedes-Benz Places Binghatti

About the project

Mercedes-Benz Places Binghatti is a Mercedes-Benz-branded residential tower in Downtown Dubai by Binghatti Developers. The active project has one building and 163 units; construction was 65.25% complete on 28 April 2026, with completion dated 31 December 2026.

A 341-metre branded residential tower

Mercedes-Benz Places Binghatti is a 341-metre tower with 51 residential floors. Its building configuration includes three basement levels, a ground floor, five podium levels, a high-concourse level, three amenity floors, mechanical and service floors, and a roof. The project is developed in collaboration with Mercedes-Benz and incorporates automotive-inspired design. The Mercedes-Benz three-pointed star on the rear façade integrates photovoltaic panels that power electric-vehicle charging stations. Solar photovoltaic technology and LEED certification form part of the listed project features. The building includes 4.2-metre ceiling heights and unobstructed views towards Burj Khalifa. Residences are offered furnished or unfurnished.

Residence types and internal areas

The collection includes two-bedroom and three-bedroom residences, four-bedroom and five-bedroom penthouses, and a duplex penthouse. Two-bedroom homes range from 1,506.95 to 1,829.86 sq ft. Three-bedroom residences range from 2,152.78 to 2,314.24 sq ft. Four-bedroom penthouses range from 2,637.16 to 3,013.89 sq ft, while five-bedroom penthouses range from 6,709.39 to 7,182.32 sq ft. The duplex penthouse has an internal area of 12,486.14 sq ft. The development has 163 units in total. Freehold ownership is listed for the project. The stated starting price for an apartment or penthouse is AED 10 million.

Pools, wellness and resident services

Facilities include a sky infinity pool, private pools and a podium pool. The amenity programme also includes a gym, spa service, food and beverage provision, concierge service and housekeeping. Parking access cards and valet service are included, with private parking for penthouses. The project also lists electric-car stations, cycling tracks, chauffeur service, restaurants, a retail area and an event area. Smart and acoustic systems are included among the building features. The photovoltaic installation is directly linked to the electric-vehicle charging stations through the Mercedes-Benz star incorporated into the rear façade.

Downtown Dubai setting

Mercedes-Benz Places Binghatti is located in Downtown Dubai, the city-centre district built around Burj Khalifa and Dubai Mall. The project’s nearby destinations include Dubai Opera and Dubai Canal, each three minutes away, and Downtown Dubai and the Museum of the Future, at four and three minutes respectively. Dubai Mall is seven minutes away, Burj Khalifa is 10 minutes away, Emirates Towers is 11 minutes away and Jumeirah Public Beach is 15 minutes away. Downtown Dubai is served by the Dubai Metro Red Line. The district combines high-rise residential buildings, hotels, retail, leisure spaces, pedestrian promenades and the Dubai Fountain.

Construction progress, completion and payment

Construction began on 15 December 2023. The project was active and 65.25% complete following the inspection dated 28 April 2026. Completion is dated 31 December 2026, corresponding with a Q4 2026 handover timeframe. A 70/30 payment plan is proposed, with a 20% booking fee. The project is in the Burj Khalifa area and has one building. Its total project area is 40,341.18. Buyers considering the payment structure can assess the 20% booking contribution alongside the 70/30 split and the completion date of 31 December 2026.

Binghatti Developers

Binghatti Developers was founded in 2008 by Hussein Binghatti and his sons. The Dubai-based developer operates across mid-luxury, luxury and uber-luxury segments. Its portfolio covers more than 50 projects with a stated value exceeding AED 30 billion, and the company had delivered more than 20,000 units in Dubai leading up to 2023. Binghatti Developers’ portfolio includes Burj Binghatti Jacob & Co Residences and Mercedes-Benz Places Binghatti. The developer is associated with an architectural style used across its projects, alongside modern design solutions and technology-led features.

Frequent questions

Who is the developer of Mercedes-Benz Places Binghatti?
Mercedes-Benz Places Binghatti is developed by Binghatti Developers. The developer was founded in 2008.
Where is Mercedes-Benz Places Binghatti located?
The project is in Downtown Dubai, within the Burj Khalifa area. It is a single-building development.
What is the completion status of Mercedes-Benz Places Binghatti?
The project was 65.25% complete on 28 April 2026. Its status is active.
When is handover for Mercedes-Benz Places Binghatti?
Completion is dated 31 December 2026. The handover timeframe is Q4 2026.
What is the payment plan for Mercedes-Benz Places Binghatti?
A 70/30 payment plan is proposed. The booking fee is 20%.
What is the starting price at Mercedes-Benz Places Binghatti?
The stated starting price for an apartment or penthouse is AED 10 million.
What residences are available at Mercedes-Benz Places Binghatti?
The project includes two- and three-bedroom residences, four- and five-bedroom penthouses, and a duplex penthouse. Residences are offered furnished or unfurnished.
How large are the apartments and penthouses?
Two-bedroom residences range from 1,506.95 to 1,829.86 sq ft, and three-bedroom residences range from 2,152.78 to 2,314.24 sq ft. The duplex penthouse measures 12,486.14 sq ft.
What amenities does Mercedes-Benz Places Binghatti have?
Amenities include a sky infinity pool, private and podium pools, gym, spa service, concierge service, housekeeping and valet service. Electric-car stations, restaurants, retail space and an event area are also listed.
What is near Mercedes-Benz Places Binghatti?
Dubai Opera, Dubai Canal and the Museum of the Future are each three minutes away. Dubai Mall is seven minutes away and Burj Khalifa is 10 minutes away.
How can I buy an apartment in Mercedes-Benz Places Binghatti?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Mercedes-Benz Places Binghatti — Continental Club Property, from Dubai Land Department registry and developer data, 2026-09-08, https://continentalclub.ae/project/mercedes-benz-places-binghatti-downtown-dubai/