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Vision Iconic

By Binghatti in Nad Al Sheba, Dubai

Price from
AED 2,307,000
about £473K or $628K
Payment plan
20/50/30 (Binghatti City plan)
70% before handover, or 1 other plan
Handover
Q4 2028
Status
Under construction

Payment plan

Option 1: 20/50/30 (Binghatti City plan)

70% due before handover

  1. Down paymentOn booking20%AED 461,400
  2. During constructionInstalments to completion50%AED 1,153,500
  3. On completion30%AED 692,100
  4. Paid before handoverAED 1,614,900

Published on Binghatti's Mercedes-Benz Places | Binghatti City page for the community as a whole; the Vision Iconic page does not state a plan.

Amounts are worked on a 1-bedroom apartment at its starting price of AED 2,307,000. Change home type

For 1-bedroom apartments

Homes and prices

Vision Iconic offers 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments and 5-bedroom apartments. Open a home type for its payment schedule, buying costs and the nearest alternatives.

Starting prices are the published figures from the sources listed on this page, checked 12 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

  • Apartments
  • 1 to 5 bed
  • 694 to 2,476 sq ft
  • 1,426 homes
  • 78 floors
Developer
Binghatti
Location
Mercedes-Benz Places | Binghatti City, Nad Al Sheba, Dubai
Brand
Mercedes-Benz
Buildings
1
Tenure
Freehold
Golden Visa
Prices reach the AED 2 million threshold

Overview

The largest tower in Binghatti's Mercedes-Benz Places | Binghatti City in Nad Al Sheba: 1,426 homes of one to five bedrooms. One-bedroom units from AED 2.3 million on 12 November 2026; due Q4 2028.

Vision Iconic is the largest tower in Mercedes-Benz Places | Binghatti City, the Mercedes-Benz branded community that Binghatti is building in Nad Al Sheba, on the Meydan side of the district. Binghatti's fact sheet describes 1,426 apartments and 27 ground-floor shops on a plot of about 22,282 sq m. The stack is a ground floor, a mezzanine, five podium levels, 67 residential floors and four mechanical floors under a roof deck, 78 storeys in all; Property Finder gives the height as 341 metres.

There are no studios. The fact sheet lists 1,017 one-bedroom, 281 two-bedroom, 110 three-bedroom, nine four-bedroom and nine five-bedroom homes, so seven in ten units are one-bedroom. On 12 November 2026 Binghatti's availability feed priced one-bedroom units from AED 2,307,000 (694 sq ft), two-bedroom from AED 3,375,000 (971 sq ft), three-bedroom from AED 5,230,000 (1,198 sq ft), four-bedroom from AED 9,999,000 (1,985 sq ft) and five-bedroom from AED 14,796,000 (2,476 sq ft). The cheapest two- and three-bedroom units are labelled Royal Suites. Binghatti's headline figure of AED 2,250,000 on the project page is not reflected in current stock. Property Finder's starting price of AED 2,122,440 is attached to a studio type that Binghatti does not list, and its Binghatti City page shows much larger layouts for this tower than the feed (1,927 sq ft for a two-bedroom, for example), so rely on the plan of the unit you are offered.

The Vision Iconic page publishes no payment plan. Binghatti's Binghatti City page gives 20% down, 50% during construction and 30% on completion for the community, while Property Finder lists 20% down, 20% during construction and 60% on handover for this tower. Handover is due in the fourth quarter of 2028 (14 December 2028 in the feed, 30 December 2028 on Property Finder), about a year after the Maybach towers in the same community.

Residents share the city's facilities, which Binghatti puts at more than 30, including the Infinity Horizon Pool, an outdoor cinema, a sky jogging track, squash courts and a spa. Binghatti quotes seven minutes by car to Downtown Dubai and Burj Khalifa.

It suits a buyer who wants more floor area than the Maybach towers offer at a similar price: the feed's cheapest one-bedroom here is 694 sq ft against 617 sq ft there, for almost the same money. What to weigh: more than a thousand one-bedroom units in one tower, inside a community of over 13,000 homes; a handover two years away for a tower whose construction began, according to Property Finder, in January 2026; an unclear payment plan; and Binghatti's credit ratings, which came under review in 2026, so payments should go only to the project escrow account named in the sale agreement.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Dubai the registration authority is the DLD.

Purchase priceEntry 1-bedroom apartment at Vision IconicAED 2,307,000
DLD transfer fee (4%)Paid to the Dubai Land Department on registration. The department lists it as 2% from each party, but contracts almost always pass the full 4% to the buyer, so a developer's '50% DLD waiver' means the developer is paying its own listed half. Off-plan, it is paid when the sale is registered in the Oqood system.AED 92,280
Oqood registration admin feeOqood portal fee of AED 1,000 plus knowledge and innovation fees, for registering the off-plan sale contract.AED 1,020
Estimated total to completeAED 2,400,300about £492K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Adjust the assumptions in the buying cost calculator.

Golden Visa. Every unit type here is priced above AED 2 million, the threshold for the 10-year visa by property. Check eligibility

Location

Inside Mercedes-Benz Places | Binghatti City in Nad Al Sheba 1, which Binghatti describes as Meydan, with access from Al Khail Road and Meydan Road. The drive time is Binghatti's figure.

Map data © OpenStreetMap contributors (ODbL). Tiles Esri

View on map

Downtown Dubai
7 min

Approximate drive times in normal traffic.

About Nad Al Sheba

  • Low-density villa district about 20 minutes by car from Downtown Dubai (Bayut area guide)
  • Meydan Racecourse, the Meydan Hotel and Nad Al Sheba Cycle Park close by
  • Gated villa and townhouse community by Meraas with lagoons and sports facilities
  • Schools and parks in the established neighbourhoods

Nad Al Sheba area guide

Amenities

  • Infinity Horizon Pool
  • Pool cabanas and jacuzzi sun deck
  • Sky jogging track
  • Outdoor cinema
  • Indoor gym and Pilates studio
  • Spa and yoga area
  • Squash courts
  • Kids' splash zone and playground
  • Landscaped green spaces
  • Family sitting lounges
  • Indoor swimming pool
  • Restaurants
  • Ground-floor retail
  • CCTV security

Developer: Binghatti

Fast-growing private Dubai developer and builder, known for high-volume apartment blocks and towers branded with Bugatti, Mercedes-Benz and Jacob & Co.

Founded
2008
Headquarters
Dubai, UAE
Ownership
Privately held; chaired by Muhammad BinGhatti. Its US dollar sukuk are publicly traded and rated by Moody's and Fitch.

Binghatti profile and track record

Adviser's view

What works

  • Larger layouts than the neighbouring Maybach towers for similar money: the feed's cheapest one-bedroom is 694 sq ft at AED 2,307,000, against 617 sq ft at AED 2,300,000 in Maybach Ultimate Luxury.
  • Binghatti publishes the full unit mix and floor composition: 1,426 homes and 27 shops over 67 residential floors.
  • Shared use of more than 30 facilities across Binghatti City, according to Binghatti, including the Infinity Horizon Pool and an outdoor cinema.
  • Freehold, according to Property Finder.

What to weigh

  • 1,017 one-bedroom units in one tower, within a community of more than 13,000 apartments; owners will compete with each other for tenants and buyers.
  • Handover is not due until Q4 2028, and Property Finder records construction starting only in January 2026.
  • The payment plan is unclear: Binghatti publishes 20/50/30 for the community and Property Finder lists 20/20/60 for this tower.
  • Unit sizes differ widely between Binghatti's feed and Property Finder; check the plan and title area of the specific unit.
  • Binghatti's credit ratings were placed under review in 2026 (Fitch Rating Watch Negative in March, Moody's review for downgrade in August); pay only into the project escrow account named in the sale agreement.

Questions buyers ask

What is the starting price at Vision Iconic?

On 12 November 2026 Binghatti's availability feed listed one-bedroom apartments from AED 2,307,000, two-bedroom from AED 3,375,000, three-bedroom from AED 5,230,000, four-bedroom from AED 9,999,000 and five-bedroom from AED 14,796,000. Binghatti's project page showed a headline figure of AED 2,250,000.

When will Vision Iconic be handed over?

In the fourth quarter of 2028. Binghatti's availability feed gives 14 December 2028 and Property Finder gives 30 December 2028.

How many apartments and floors does Vision Iconic have?

Binghatti lists 1,426 residences and 27 retail shops. The building has a ground floor, a mezzanine, five podium levels, 67 residential floors, four mechanical floors and a roof.

What is the payment plan at Vision Iconic?

The Vision Iconic page does not state one. Binghatti's page for Mercedes-Benz Places | Binghatti City gives 20% down, 50% during construction and 30% on completion, while Property Finder lists 20% down, 20% during construction and 60% on handover for this tower. Confirm the plan in writing.

Is Vision Iconic part of Mercedes-Benz Places | Binghatti City?

Yes. Binghatti describes Vision Iconic as the largest tower in Mercedes-Benz Places | Binghatti City, its 12-tower community in Nad Al Sheba, and residents share the community's facilities.

Is Vision Iconic freehold?

Property Finder lists Vision Iconic as freehold. Binghatti's page does not state the tenure, and Property Finder's main listing for the wider community says leasehold, so confirm it with the Dubai Land Department before reserving.

When is Vision Iconic due for handover?

Binghatti's current target for Vision Iconic is Q4 2028. Handover dates on off-plan projects are estimates and can move; the sale and purchase agreement sets out the contractual completion date and what happens if it is missed.

Who is the developer of Vision Iconic?

Vision Iconic is being developed by Binghatti. About Binghatti: Fast-growing private Dubai developer and builder, known for high-volume apartment blocks and towers branded with Bugatti, Mercedes-Benz and Jacob & Co.

Does buying at Vision Iconic qualify for a Golden Visa?

Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At Vision Iconic, every unit type starts above that level. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our Golden Visa guide.

Sources and verification

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