--- title: "Mercedes-Benz Places | Binghatti City by Binghatti" canonical: https://www.uaepropertyagents.com/dubai/nad-al-sheba/mercedes-benz-places-binghatti-city markdown: https://www.uaepropertyagents.com/md/dubai/nad-al-sheba/mercedes-benz-places-binghatti-city.md type: development description: "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." last_verified: 2026-11-13 sources: 12 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 City by Binghatti > 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. 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 | [Nad Al Sheba](https://www.uaepropertyagents.com/dubai/nad-al-sheba) (Nad Al Sheba 1), Dubai | | Status | under construction | | Developer's handover target | Q4 2027 | | Sales launched | 2026-01 | | Tenure | leasehold | | Price | From AED 1,350,000 to AED 14,796,000 (developer price list, 12 November 2026) | | Average price per sq ft | AED 4,285 | | Home types | Studio apartments, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, 5-bedroom apartments | | Total units | 13386 | | Buildings | 12 | | Brand | Mercedes-Benz | | Golden Visa value test | Some homes are priced at or above AED 2,000,000 | ## Overview Mercedes-Benz Places | Binghatti City is a master community by [Binghatti](https://www.uaepropertyagents.com/developers/binghatti) in [Nad Al Sheba](https://www.uaepropertyagents.com/dubai/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](https://www.uaepropertyagents.com/dubai/nad-al-sheba/binghatti-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. ## Unit types and prices | Unit type | Price from | Price to | Size | Bathrooms | Availability | | --- | --- | --- | --- | --- | --- | | Studio apartments | AED 1,350,000 | | 361 to 386 sq ft | | available | | 1-bedroom apartments | AED 2,300,000 | | 617 to 632 sq ft | | available | | 2-bedroom apartments | AED 3,200,000 | | 980 to 1,212 sq ft | | available | | 3-bedroom apartments | AED 4,950,000 | | 1,248 to 1,567 sq ft | | available | | 4-bedroom apartments | AED 9,999,000 | | 1,985 sq ft | | limited | | 5-bedroom apartments | AED 14,796,000 | | 2,476 sq ft | | limited | Prices are published starting prices from the developer or Property Finder, as each type's note says, checked 12 November 2026. ## Payment plans ### 20/50/30 - Down payment: 20% (On booking) - During construction: 50% (Instalments to completion) - On completion: 30% Paid before handover: 70%. As published on Binghatti's Mercedes-Benz Places | Binghatti City page. ### As listed by Property Finder - During construction: 30% (Instalments to completion) - On handover: 70% Paid before handover: 30%. 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. ## 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. ## Location In Nad Al Sheba 1, which Binghatti describes as Meydan, south of Downtown Dubai and Business Bay. Drive times are Binghatti's figures. - Ras Al Khor Wildlife Sanctuary: about 5 minutes - Dubai Design District: about 8 minutes - The Dubai Mall: about 10 minutes - Business Bay: about 10 minutes - Dubai International Airport: about 15 minutes ## 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 ## Questions and answers ### 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](https://www.uaepropertyagents.com/dubai/downtown-dubai/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](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 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](https://www.uaepropertyagents.com/guides/uae-golden-visa-property). ### 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](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 | Binghatti City project page](https://www.binghatti.com/en/branded-projects/mercedes-benz-places-binghatti-city) - [Binghatti: Vision Iconic project page](https://www.binghatti.com/en/projects/vision-iconic) - [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 | Binghatti City](https://www.propertyfinder.ae/en/new-projects/binghatti-developers/mercedes-benz-places-by-binghatti) - [Property Finder: Binghatti Maybach](https://www.propertyfinder.ae/en/new-projects/binghatti-developers/maybach) - [Property Finder: Maybach Ultimate Luxury](https://www.propertyfinder.ae/en/new-projects/binghatti-developers/binghatti-maybach) - [Property Finder: Maybach 6](https://www.propertyfinder.ae/en/new-projects/binghatti-developers/maybach-6) - [Property Finder: Vision Avtr](https://www.propertyfinder.ae/en/new-projects/binghatti-developers/vision-avtr) - [Property Finder: Mercedes Benz AMG Vision](https://www.propertyfinder.ae/en/new-projects/binghatti-developers/mercedes-benz-amg-vision) - [The National: prices at Mercedes-Benz branded Binghatti project, 14 January 2026](https://www.thenationalnews.com/business/property/2026/01/14/prices-at-new-mercedes-benz-branded-binghatti-project-to-start-at-dh16m) - [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/nad-al-sheba/mercedes-benz-places-binghatti-city. 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.