Off-plan
Vision Iconic
Binghatti
- Apartments
- 1 to 5 bed
- 694 to 2,476 sq ft
- Handover Q4 2028
- Payment plan
From AED 2.31M
By Binghatti in Nad Al Sheba, Dubai
70% due before handover
As published on Binghatti's Mercedes-Benz Places | Binghatti City page.
30% due before handover
Shown on Property Finder's pages for the city and its towers. It differs from Binghatti's published 20/50/30 plan; confirm which plan applies to your tower.
Amounts are worked on a studio apartment at its starting price of AED 1,350,000. Change home type
For studio apartments
Mercedes-Benz Places | Binghatti City offers studio apartments, 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.
Binghatti's 12-tower, 13,386-apartment Mercedes-Benz branded community in Nad Al Sheba. Studios from AED 1.35 million on 12 November 2026; first towers due Q4 2027.
Mercedes-Benz Places | Binghatti City is a master community by Binghatti in Nad Al Sheba, on the Meydan side of the district, announced in January 2026 with a stated value of USD 8.2 billion (The National). Binghatti describes 12 towers around a central park with 12 themed areas. The National reported 13,386 apartments at launch: 6,321 studios, 4,963 one-bedroom, 1,653 two-bedroom, 431 three-bedroom and 18 four- and five-bedroom homes. Studios and one-bedroom flats make up 84% of the total.
Binghatti sells the city tower by tower. Its availability feed on 12 November 2026 covered three projects. Project Maybach is one tower with 24 residential floors above a ground floor, mezzanine and five parking levels, holding 816 homes and 15 shops. Vision Mercedes-Maybach Ultimate Luxury has two residential blocks of 19 and 24 floors with 1,204 homes and 28 shops, and Vision Mercedes-Maybach 6 has blocks of 30 and 34 floors with 1,844 homes and 34 shops (Binghatti fact sheets). The largest tower, Vision Iconic, has its own page and holds the only four- and five-bedroom homes. Property Finder also lists Vision AVTR, AMG Vision (towers 8 and 9), One-Eleven and Vision Simplex, none of which appeared in Binghatti's feed.
Prices in the feed start at AED 1,350,000 for a studio, AED 2,300,000 for a one-bedroom, AED 3,200,000 for a two-bedroom and AED 4,950,000 for a three-bedroom, much the same in each of the three Maybach projects. At launch The National reported AED 1.6 million, 2.6 million, 3 million and 5 million respectively, so studios, one- and three-bedroom units are now listed below launch while two-bedroom units are higher. Binghatti's page still shows a headline figure of AED 1,599,999 and Property Finder AED 1,155,000. The smallest studios in the feed measure 341 sq ft, close to AED 4,000 per sq ft.
Binghatti publishes a 20/50/30 plan: 20% down, 50% during construction and 30% on completion. Property Finder's pages show 30% during construction and 70% on handover instead.
Handover differs by tower. The feed gives 30 October 2027 for Project Maybach and Ultimate Luxury, 29 November 2027 for Maybach 6 and 14 December 2028 for Vision Iconic. Property Finder shows April 2028 for most towers, and Binghatti's chief executive told The National in January 2026 that completion would take about three and a half years. We show the fourth quarter of 2027, the feed date for the first towers, but treat it as a target and get the date for your tower in the sale agreement.
The project suits buyers who want a branded address near Meydan at a mid-market entry price. What to weigh: thousands of small units of similar size will reach the rental and resale market together; tenure is inconsistent across Property Finder's pages (the main listing says leasehold, several tower pages say freehold, and Binghatti's page is silent); and Binghatti's credit ratings came under review in 2026, so payments should go only to the project escrow account named in the sale agreement.
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.
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. Larger unit types here are priced above AED 2 million, the threshold for the 10-year visa by property. Check eligibility
In Nad Al Sheba 1, which Binghatti describes as Meydan, south of Downtown Dubai and Business Bay. Drive times are Binghatti's figures.
Approximate drive times in normal traffic.
Fast-growing private Dubai developer and builder, known for high-volume apartment blocks and towers branded with Bugatti, Mercedes-Benz and Jacob & Co.
On 12 November 2026 Binghatti's availability feed listed studios from AED 1,350,000, one-bedroom apartments from AED 2,300,000, two-bedroom from AED 3,200,000 and three-bedroom from AED 4,950,000. Four- and five-bedroom homes, in the Vision Iconic tower only, started at AED 9,999,000 and AED 14,796,000.
It depends on the tower. On 12 November 2026 Binghatti's availability feed gave 30 October 2027 for Project Maybach and Maybach Ultimate Luxury, 29 November 2027 for Maybach 6 and 14 December 2028 for Vision Iconic. Property Finder shows April 2028 for most towers, and Binghatti's chief executive told The National in January 2026 that completion would take about three and a half years.
Binghatti's website lists 20% down, 50% during construction and 30% on completion. Property Finder shows 30% during construction and 70% on handover, so confirm the plan for your tower in writing.
Binghatti describes 12 towers. The National reported 13,386 apartments at launch: 6,321 studios, 4,963 one-bedroom, 1,653 two-bedroom, 431 three-bedroom and 18 four- and five-bedroom units.
Public sources disagree. Property Finder's main listing for the city gives leasehold, while its pages for several towers, including Maybach Ultimate Luxury, Vision AVTR and AMG Vision, give freehold. Binghatti's page does not state the tenure. Confirm it with the Dubai Land Department before you reserve.
No. Mercedes-Benz Places | Binghatti is a single tower in Downtown Dubai with sales opened in December 2023. Binghatti City is a separate 12-tower community in Nad Al Sheba launched in January 2026.
Mercedes-Benz Places | Binghatti City 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.
Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At Mercedes-Benz Places | Binghatti City, larger unit types reach that level, while the smallest do not. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our Golden Visa guide.
The main cost is the DLD transfer fee (4%). On the entry price of AED 1,350,000 that comes to about AED 54,000, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our buying cost calculator itemises it.
Facts on this page were last checked on . Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.
The closest alternatives by area, price and home type among the developments we cover.
Side by side comparisons, and other developments from Binghatti.
The area, the developer and the guides worth reading before you reserve in Dubai.