Mercedes-Benz Places/Binghatti
- Under construction · 65% built · handover Q4 2026
- 67 floors
- 9 lifts
- 539 parking bays
- 2 pools
- Master developer Binghatti Developers
A 2 bed in Mercedes-Benz Places/Binghatti costs a median AED 9.30M.
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
Is Mercedes-Benz Places/Binghatti a good investment?Easy to sell; prices are slipping; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- 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%
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?2 bed: AED 4,877/sqft a year ago, 4,361 now-10.6%Watch
- 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
- Can I sell easily?30 sales in 12 months, 19% of the tower (38 the year before)30Strength
- 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
- 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
Mercedes-Benz Places/Binghatti prices and rents by unit typeA two-bed costs about AED 9.30M
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Downtown Dubai · area median AED 2,458/sqft
- 12-month change
- -10.6%
- 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.
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%
- 69 sales
- Previous 12 months
- 5,843
- −12%
- 38 sales
- Last 12 months
- 5,154
- today
- 30 sales
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.
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 activityPlanned 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 supplySupply 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 countedDirect 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.
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
- Mercedes-Benz Places/BinghattiAED 5,154
- Downtown Dubai, readyAED 2,665
- Downtown Dubai, off-planAED 3,819
- Dubai, readyAED 1,421
More from Binghatti Developers
Binghatti Vintage
Majan · 1,513 sales, 12 months
709,999
AED, resale median · 1,860/sqft
Binghatti Titania
Majan · 721 sales, 12 months
698,999
AED, resale median · 1,752/sqft
Binghatti Flare 02
Jumeirah Village Triangle · 518 sales, 12 months
1.35M
AED, resale median · 1,726/sqft
Binghatti Flare 01
Jumeirah Village Triangle · 478 sales, 12 months
1.25M
AED, resale median · 1,633/sqft
Nearby in Downtown Dubai
Prices per sq ft around Mercedes-Benz Places/Binghatti, on the mapPrices per sq ft around Mercedes-Benz Places/Binghatti, on the map
Binghatti Skyblade
Downtown Dubai · 472 sales, 12 months
1.97M
AED, resale median · 3,909/sqft
Burj Khalifa
Downtown Dubai · 115 sales, 12 months
5.00M
AED, resale median · 2,929/sqft
Imperial Avenue
Downtown Dubai · 65 sales, 12 months
3.18M
AED, resale median · 2,385/sqft
Grande
Downtown Dubai · 61 sales, 12 months
5.45M
AED, resale median · 3,539/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
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 rateMonthly 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.
More assumptionsFewer 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.
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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.
For agents
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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
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