--- title: "Mercedes-Benz Places | Binghatti by Binghatti" canonical: https://www.uaepropertyagents.com/dubai/downtown-dubai/mercedes-benz-places-binghatti markdown: https://www.uaepropertyagents.com/md/dubai/downtown-dubai/mercedes-benz-places-binghatti.md type: development description: "Binghatti's single Mercedes-Benz branded tower in Downtown Dubai, with two- to five-bedroom homes. Two-bedroom units from AED 11.5 million on 12 November 2026; handover due Q4 2026." last_verified: 2026-11-13 sources: 6 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # Mercedes-Benz Places | Binghatti by Binghatti > Binghatti's single Mercedes-Benz branded tower in Downtown Dubai, with two- to five-bedroom homes. Two-bedroom units from AED 11.5 million on 12 November 2026; handover due Q4 2026. Facts last verified 13 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Developer | [Binghatti](https://www.uaepropertyagents.com/developers/binghatti) | | Location | [Downtown Dubai](https://www.uaepropertyagents.com/dubai/downtown-dubai), Dubai | | Status | under construction | | Developer's handover target | Q4 2026 | | Sales launched | 2023-12 | | Tenure | freehold | | Price | From AED 11,499,999 to AED 35,799,999 (published figure, 12 November 2026) | | Average price per sq ft | AED 8,515 | | Home types | 2-bedroom apartments, 3-bedroom apartments, 3-bedroom penthouses, 4-bedroom penthouses, 5-bedroom penthouses | | Buildings | 1 | | Brand | Mercedes-Benz | | Golden Visa value test | Some homes are priced at or above AED 2,000,000 | ## Overview Mercedes-Benz Places | Binghatti is a single branded residential tower in [Downtown Dubai](https://www.uaepropertyagents.com/dubai/downtown-dubai) by [Binghatti](https://www.uaepropertyagents.com/developers/binghatti). It is separate from, and two years older than, the 12-tower [Mercedes-Benz Places | Binghatti City](https://www.uaepropertyagents.com/dubai/nad-al-sheba/mercedes-benz-places-binghatti-city) in Nad Al Sheba. Property Finder records sales opening in December 2023 and describes a 65-storey tower about 1,119 ft (341 m) high; Binghatti's page gives no floor count. The developer says the facade pattern, drawn from the Mercedes-Benz star, incorporates photovoltaic panels. The tower holds two- and three-bedroom apartments and a set of named penthouses: Binghatti shows the Pagoda Suite (two bedrooms), the Vision One-Eleven Penthouse (four bedrooms), the Gullwing Penthouse (five bedrooms) and the triplex Uhlenhaut Coupé Penthouse. On 12 November 2026 Binghatti's availability feed listed nine two-bedroom units from AED 11,499,999 (from 1,836 sq ft), 25 three-bedroom units from AED 19,999,999 (from 2,619 sq ft) and a single four-bedroom unit at AED 35,799,999 (3,662 sq ft). Property Finder's starting price of AED 9,390,000 is lower than anything in the feed. At the feed price a two-bedroom costs about AED 6,260 per sq ft. Property Finder lists 10% on booking, 20% during construction and 70% on handover; Binghatti's page publishes no plan. Binghatti's feed gives a handover date of 14 December 2026 and Property Finder gives February 2027, and press coverage in August 2026 described the tower as nearing completion. In practice a buyer reserving now would pay most of the price within weeks or months, so this is closer to buying a finished home than an off-plan unit, and the finance needs to be ready before reserving. Facilities shown by Binghatti and listed by Property Finder include an infinity pool, an indoor pool, a spa, a gym, a yoga room and valet parking. Property Finder also describes smart-home controls for lighting and climate. The tower suits a buyer who wants a large branded apartment close to Burj Khalifa and The Dubai Mall and is buying mainly for use. What to weigh: 35 units were still in the developer's feed about a month before the stated handover; the feed's three-bedroom unit is smaller than any three-bedroom layout on Property Finder; no unit count or service charge is published; 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. ## Unit types and prices | Unit type | Price from | Price to | Size | Bathrooms | Availability | | --- | --- | --- | --- | --- | --- | | 2-bedroom apartments | AED 11,499,999 | | 1,837 to 2,534 sq ft | 4 | available | | 3-bedroom apartments | AED 19,999,999 | | 2,710 to 3,285 sq ft | 5 | available | | 3-bedroom penthouses | Not published | | 6,909 sq ft | 5 | sold-out | | 4-bedroom penthouses | AED 35,799,999 | | 3,007 to 4,010 sq ft | 7 | limited | | 5-bedroom penthouses | Not published | | 6,891 sq ft | 7 | sold-out | Prices are published starting prices from the developer or Property Finder, as each type's note says, checked 12 November 2026. ## Payment plans ### 10/20/70 - Down payment: 10% (On booking) - During construction: 20% (Instalments to completion) - On handover: 70% (Q4 2026) Paid before handover: 30%. As listed by Property Finder. Binghatti's project page does not publish a payment plan; with handover close, confirm the schedule in the sale agreement. ## What works - A Mercedes-Benz branded tower in Downtown Dubai, close to Burj Khalifa and The Dubai Mall. - Handover is near: 14 December 2026 in Binghatti's feed and February 2027 on Property Finder, so the wait for completion is short. - Large layouts: two-bedroom units from 1,837 sq ft with four bathrooms and three-bedroom units from 2,710 sq ft, according to Property Finder. - Freehold, according to Property Finder. ## What to weigh - Binghatti's feed still listed 35 unsold homes on 12 November 2026, so resale buyers will compete with the developer's own stock. - About AED 6,260 per sq ft for the cheapest two-bedroom unit in the feed; the premium rests on the brand. - 70% of the price falls due on handover, which the feed places in December 2026; the funds or mortgage must be ready almost at once. - The payment plan is published only by Property Finder and no service charge is published; get both in writing. - 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. ## Location In Downtown Dubai, a short distance from Burj Khalifa and The Dubai Mall. Binghatti's page gives no drive times. ## Amenities - Infinity pool - Indoor pool and lounge - Spa - Gym - Yoga room - Valet parking - Restaurants - Retail units - Children's play area - Barbecue area - Smart-home controls ## Questions and answers ### What is the starting price at Mercedes-Benz Places | Binghatti? On 12 November 2026 Binghatti's availability feed listed two-bedroom apartments from AED 11,499,999, three-bedroom from AED 19,999,999 and one four-bedroom unit at AED 35,799,999. Property Finder showed a lower starting price of AED 9,390,000. ### When will Mercedes-Benz Places | Binghatti be handed over? Binghatti's availability feed gives 14 December 2026, in the fourth quarter of 2026. Property Finder gives February 2027. Confirm the date in the sale agreement. ### What is the payment plan at Mercedes-Benz Places | Binghatti? Property Finder lists 10% on booking, 20% during construction and 70% on handover. Binghatti's project page does not publish a plan. ### Is this the same project as Mercedes-Benz Places | Binghatti City? No. Mercedes-Benz Places | Binghatti is a single tower in Downtown Dubai, with sales opened in December 2023. Mercedes-Benz Places | Binghatti City is a separate 12-tower community in Nad Al Sheba launched in January 2026. ### Is Mercedes-Benz Places | Binghatti freehold? Property Finder lists the tower as freehold. Downtown Dubai is a freehold district for foreign buyers; confirm the tenure on the sale agreement. ### When is Mercedes-Benz Places | Binghatti due for handover? Binghatti's current target for Mercedes-Benz Places | Binghatti is Q4 2026. 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 Mercedes-Benz Places | Binghatti? Mercedes-Benz Places | Binghatti is being developed by [Binghatti](https://www.uaepropertyagents.com/developers/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 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, 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](https://www.uaepropertyagents.com/guides/uae-golden-visa-property). ### What fees are payable on top of the price at Mercedes-Benz Places | Binghatti? The main cost is the DLD transfer fee (4%). On the entry price of AED 11,499,999 that comes to about AED 460,000, 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](https://www.uaepropertyagents.com/tools/purchase-cost-calculator) itemises it. ## Sources Facts on this page were last checked against these sources on 13 November 2026. - [Binghatti: Mercedes-Benz Places project page](https://www.binghatti.com/en/branded-projects/mercedes-benz-places) - [Binghatti: live availability feed](https://www.binghatti.com/en/files/data.json) - [Binghatti: projects list](https://www.binghatti.com/en/projects) - [Property Finder: Mercedes Benz Places by Binghatti](https://www.propertyfinder.ae/en/new-projects/binghatti-developers-fze/binghatti-mercedes-benz) - [Khaleej Times: Binghatti dismisses debt fears, points to Dh10.6 billion in escrow accounts (31 August 2026)](https://www.khaleejtimes.com/business/binghatti-dismisses-debt-fears-points-to-dh106-billion-in-escrow-accounts) - [The Arabian Post: Binghatti faces ratings review as liquidity weakens (12 August 2026)](https://thearabianpost.com/binghatti-faces-ratings-review-as-liquidity-weakens/) --- Source page: https://www.uaepropertyagents.com/dubai/downtown-dubai/mercedes-benz-places-binghatti. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.