Mercedes-Benz Places is a 65-story residential tower in Downtown Dubai, standing 1,119 feet tall. Developed by Binghatti, it marks the first residential project globally to carry the Mercedes-Benz brand. The development offers apartments and penthouses with views across the Downtown skyline.
Situated in Downtown Dubai, the tower is near Burj Khalifa and Dubai Mall. The area provides access to shopping, dining, and entertainment venues, with connections to public transport and highway networks.
The project includes 2-bedroom units from 1,837 to 2,534 sq.ft., 3-bedroom apartments from 2,710 to 3,285 sq.ft., and penthouses ranging from 3,007 sq.ft. (4-bedroom) to 6,909 sq.ft. (3-bedroom and 5-bedroom variants). Interiors feature smart home systems covering lighting, climate control, security monitoring, and entertainment.
Residents have access to a shared pool, gymnasium, yoga room, spa, and beach access. The development includes valet parking, retail facilities, restaurants, children's play areas, and barbecue zones. Green spaces and parks are available within the community.
Units start at AED 10,299,999, with completion scheduled for Q4 2026. The payment structure requires 20% down payment, 50% during construction, and 30% on handover.
Mercedes Benz Places by Binghatti by Binghatti Developers in Downtown Dubai, Dubai is scheduled for handover in Q4 2026 (October–December 2026). Construction is estimated at ~25% based on the developer's reported phase.
The headline payment plan for Mercedes Benz Places by Binghatti is 20/50/30. See the full breakdown of booking, construction and post-handover instalments in the Financials tab.
Mercedes Benz Places by Binghatti offers 5 unit types:
Estimated gross rental yield: 5.5% p.a., benchmarked against current Downtown Dubai rental data. Entry pricing works out to AED 1,491 – 19,216 per sqft, with estimated capital appreciation of 5% to handover.
~25% — estimated from construction phase.