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Mercedes-Benz Places | Binghatti City

By Binghatti in Nad Al Sheba, Dubai

Price from
AED 1,350,000
about £277K or $368K
Payment plan
20/50/30
70% before handover, or 1 other plan
Handover
Q4 2027
Status
Under construction

Payment plan

Option 1: 20/50/30

70% due before handover

  1. Down paymentOn booking20%AED 270,000
  2. During constructionInstalments to completion50%AED 675,000
  3. On completion30%AED 405,000
  4. Paid before handoverAED 945,000

As published on Binghatti's Mercedes-Benz Places | Binghatti City page.

Amounts are worked on a studio apartment at its starting price of AED 1,350,000. Change home type

For studio apartments

Homes and prices

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.

  • Apartments
  • Studio to 5 bed
  • 361 to 2,476 sq ft
  • 13,386 homes
  • Leasehold
Developer
Binghatti
Location
Nad Al Sheba 1, Nad Al Sheba, Dubai
Sales launched
January 2026
Brand
Mercedes-Benz
Buildings
12
Golden Visa
Prices reach the AED 2 million threshold

Overview

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.

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 studio apartment at Mercedes-Benz Places | Binghatti CityAED 1,350,000
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 54,000
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 1,405,020about £288K

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

Location

In Nad Al Sheba 1, which Binghatti describes as Meydan, south of Downtown Dubai and Business Bay. Drive times are Binghatti's figures.

Map data © OpenStreetMap contributors (ODbL). Tiles Esri

View on map

Ras Al Khor Wildlife Sanctuary
5 min
Dubai Design District
8 min
The Dubai Mall
10 min
Business Bay
10 min
Dubai International Airport
15 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

  • Central park with 12 themed areas
  • Grand Promenade
  • Infinity Horizon Pool
  • Pool cabanas and jacuzzi sun deck
  • Indoor swimming pools
  • Sky jogging track
  • Outdoor cinema
  • Indoor gym and Pilates studio
  • Spa and yoga area
  • Squash courts
  • Kids' splash zone and playground
  • Landscaped green spaces
  • Ground-floor retail
  • Smart-home systems
  • 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

  • Studio, one- and three-bedroom prices in Binghatti's feed on 12 November 2026 sit below the launch prices The National reported in January 2026 (studios AED 1.35 million against AED 1.6 million).
  • Mercedes-Benz branding at a mid-market entry price, from AED 1,350,000 for a studio.
  • A planned district with a central park, a promenade and more than 30 shared facilities across 12 towers, according to Binghatti.
  • Binghatti quotes 10 minutes to The Dubai Mall and Business Bay and 15 minutes to Dubai International Airport.

What to weigh

  • Scale of supply: 13,386 apartments, 6,321 of them studios, in one project (The National). Owners will compete with each other for tenants and resale buyers.
  • Handover dates vary: Q4 2027 in Binghatti's feed for the first towers, April 2028 on Property Finder, about mid-2029 on the chief executive's January 2026 estimate.
  • Tenure is unclear. Property Finder's main listing says leasehold while several of its tower pages say freehold; confirm the tenure with the Dubai Land Department before reserving.
  • Studios of 341 to 386 sq ft from AED 1.35 million cost close to AED 4,000 per sq ft, a premium that depends on the brand holding its appeal.
  • Two payment plans are in circulation (20/50/30 from Binghatti, 30/70 on Property Finder); make sure the sale agreement matches the one you were quoted.
  • 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 Mercedes-Benz Places | Binghatti City?

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.

When will Mercedes-Benz Places | Binghatti City be completed?

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.

What is the payment plan at Mercedes-Benz Places | Binghatti City?

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.

How many apartments and towers are there at Mercedes-Benz Places | Binghatti City?

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.

Is Mercedes-Benz Places | Binghatti City freehold?

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.

Is this the same as the Mercedes-Benz tower in Downtown Dubai?

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.

Who is the developer of Mercedes-Benz Places | Binghatti City?

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.

Does buying at Mercedes-Benz Places | Binghatti City 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 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.

What fees are payable on top of the price at Mercedes-Benz Places | Binghatti City?

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.

Sources and verification

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