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Mercedes-Benz Places/Binghatti

A 2 bed in Mercedes-Benz Places/Binghatti costs a median AED 9.30M.

Satellite view of Mercedes-Benz Places/Binghatti, Downtown Dubai, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

2 bed · typical price

9.30MAED

AED 4,361/sqft · -10.6% on a year

vs Downtown Dubai
77% above the median
Cost to buy, all inAED 9.87M
Price
AED 9.30M
DLD fee 4%
AED 372,000
Agent 2% + VAT
AED 195,300
Trustee
AED 4,200

Against this building’s registered sales of the same type.

Ask about Mercedes-Benz Places/Binghatti →

Is Mercedes-Benz Places/Binghatti a good investment?Easy to sell; prices are slipping; no record of the yield and the rent trend

  1. Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
  2. Is it easy to let?None of the 162 units signed an annual lease in 12 months: owner-occupied, holiday homes or a hotel pool0%
  3. Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
  4. Are prices going up?2 bed: AED 4,877/sqft a year ago, 4,361 now-10.6%Watch
  5. How fast do fees pay back?AED 571,500 in fees to buy a 2 bed: DLD 4%, agent 2% plus VAT, trusteeAED 571,500
  6. Can I sell easily?30 sales in 12 months, 19% of the tower (38 the year before)30Strength
  7. Is a lot being built nearby?3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today. A further 348 are past their planned date. Downtown Dubai supply by year →38%Fair
  8. Did earlier buyers gain?Launch buyers still 3% down, before fees-3.2%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Mercedes-Benz Places/Binghatti prices and rents by unit typeA two-bed costs about AED 9.30M

TypeMedian priceGross yieldNew rent12-month changeSales
2 bed86 units · 2,535 sqftAED 9.30M4,361/sqftnot yet letnot yet let-10.6%14
3 bed65 units · 2,711 sqftAED 18.00M5,502/sqftnot yet letnot yet let-8.0%11
4+ bed11 units · 3,786 sqftAED 30.00M8,408/sqftnot yet letnot yet let-7.7%5
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Downtown Dubai · area median AED 2,458/sqft

vs area median
+77.4%
Rank by price per sqft
5th of 81

Read with care

  • No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 2 bed: May 2024, AED 9,905,000; latest, Aug 2026, AED 10,330,000; peak, Nov 2024, AED 13,687,500.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 5,154 · before fees

Launch, 2024–26
5,326
−3%
Previous 12 months
5,843
−12%
Last 12 months
5,154
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Downtown Dubai

Every Downtown Dubai building with a page, ranked by price per sqft over the same 12 months, all unit types. Mercedes-Benz Places/Binghatti places 3rd of 116; the nearest 6 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
1Baccarat Residence T121% · Q4 2026 · off-plan 7,468/sqftAED 38.75M7,138+38.5%—-2.3%11
2IL PrimoCompleted 2022 · off-plan 3,728/sqftAED 29.25M5,337+3.5%6.4%-3.1%12
3Mercedes-Benz Places/Binghatti · this building65% · Q4 2026 · off-plan 5,326/sqftAED 16.63M5,154—-11.8%30
4Baccarat Residence T221% · Q4 2026 · off-plan 5,489/sqftAED 21.94M5,133-0.4%—-6.8%18
5Inaura Hotels & Residencesoff-plan 4,989/sqftAED 6.99M4,989-3.2%——35
6Address Fountain Views HotelCompleted 2016 · off-plan 2,939/sqftAED 7.26M4,563-11.5%—+21.7%22
7Address Fountain Views Residences - Tower 1Completed 2019 · off-plan 2,457/sqftAED 5.75M4,468-13.3%—-1.2%25

Rank 1 is the dearest per square foot. Differences are against Mercedes-Benz Places/Binghatti (AED 5,154/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, Mercedes-Benz Places/Binghatti has registered sale prices 77% above the Downtown Dubai median price per square foot of 2,458 AED, across 81 eligible buildings. It ranks 5th of 81 by price per square foot in Downtown Dubai.

Market context in Downtown Dubai

Registered sales activity

1,759 ready apartment sales in the 12 months to 2026-10-12.

+0.4% in median AED/sqft versus the preceding year, supported by 1,759 current and 2,575 prior price observations.

Explore sales activity

Planned apartment projects

2,186 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.

1 projects had already passed their planned date; 1 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today.

Ready prices per sqft fell in 49% of 109 buildings (counted once per bedroom type) in Downtown Dubai with sales in both years; the typical one moved +0.1%.

New-lease rents fell in 76% of 54 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.7%.

How these are counted
Find service-charge budget evidence for Mercedes-Benz Places/Binghatti

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Mercedes-Benz Places/Binghatti

Mercedes-Benz Places/Binghatti is an under-construction (65% built) apartment building by Binghatti Developers in Downtown Dubai. 119 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors
67
Lifts
9
Parking bays
539
Pools
2
Master developer
Binghatti Developers

Drive times · typical

Downtown
11 min · 3.4 km
DXB Airport
14 min · 13 km
DIFC
9 min · 6.8 km
Dubai Marina
20 min · 22 km
Palm Jumeirah
26 min · 26 km

Nearest, as registered

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Mercedes-Benz Places/Binghatti: AED 5,154 per sq ft, 111% above the median Downtown Dubai building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Mercedes-Benz Places/BinghattiAED 5,154
  2. Downtown Dubai, readyAED 2,665
  3. Downtown Dubai, off-planAED 3,819
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Downtown Dubai, by handover quarter

More from Binghatti Developers

Nearby in Downtown Dubai

Prices per sq ft around Mercedes-Benz Places/Binghatti, on the map
Pills show median sale price, AED. 94 buildings pinned from Google place records and Apple geocoding · Mercedes-Benz Places/Binghatti is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Mercedes-Benz Places/Binghatti’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
—
4.5% over 25 years
Monthly rent
—
Cash needed at purchase
—

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

Ask about Mercedes-Benz Places/Binghatti

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Common questions

What is the rental yield in Mercedes-Benz Places/Binghatti?
No gross yield is published for Mercedes-Benz Places/Binghatti as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 14 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Downtown Dubai median is 5.5% gross.
How much does a 2 bedroom in Mercedes-Benz Places/Binghatti cost?
The median registered sale price is AED 9.30M (4,361 AED/sqft), from 14 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
Have prices in Mercedes-Benz Places/Binghatti risen or fallen?
Median price per square foot moved -10.6% over the last 12 months against the 12 before it, on 14 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How many apartments change hands in Mercedes-Benz Places/Binghatti?
14 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
Which metro station is closest to Mercedes-Benz Places/Binghatti?
Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Mercedes-Benz Places/Binghatti sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
14 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/downtown-dubai/mercedes-benz-places-binghatti
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Mercedes-Benz Places/Binghatti sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/mercedes-benz-places-binghatti

Stable dataJSON