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Off-plan Golden Visa guidance

Mercedes-Benz Places

Downtown Dubai, Dubai by Binghatti Handover Q4 2026

Mercedes-Benz Places is an off-plan apartments, duplexes and penthouses development by Binghatti in Downtown Dubai, with homes from AED 8,800,000 on a 70/30 payment plan and handover expected in Q4 2026. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.

Starting from AED 8,800,000

Overview

Apartments, duplexes and penthouses in Downtown Dubai.

Mercedes-Benz Places | Binghatti is an ultra-luxurious complex proposed by Binghatti Properties in partnership with the distinctive Mercedes-Benz. Nestled in the dynamic Downtown Dubai district, the complex will span 65 floors and a height of 341 meters. It is the world’s first Mercedes-Benz-branded residence.

You can choose from a collection of 2 to 4-bedroom apartments and penthouses (full floor, duplexes and triplexes). Living sizes range from 1,846 square feet to 6,194 square feet. All residences feature private pools and stunning views of the Burj Khalifa.

In the fourth quarter of 2023, the starting price for an apartment and penthouse at Mercedes-Benz Places | Binghatti is AED 8.8M (USD 2.4M) and AED 79M (USD 21.5M) respectively. The developer is proposing a 70/30 payment plan, with the final 30% installment due on completion of the project in the fourth quarter of 2026. Please note that an EOI is 200K (USD 54 тыс.).

Details

Key facts.

Developer
Binghatti
Area
Downtown Dubai, Dubai
City
Dubai
Starting price
AED 8,800,000
Status
Off-plan
Handover
Q4 2026
Property types
Apartment, Duplex, Penthouse
Unit types
2–5 BR · Apartments, duplexes, penthouses
Payment plan
70/30
Golden Visa
Priced from AED 2M

Payment plan

70/30, paid in 3 steps.

70% before handover30% on handover
  1. 110%Down paymentOn booking
  2. 260%Construction instalmentsDuring construction
  3. 330%Handover paymentOn handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking10%880,000
Construction instalmentsDuring construction60%5,280,000
Handover paymentOn handover30%2,640,000
Total100%8,800,000

*Worked example on the starting price of AED 8,800,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).

Floor plans

Unit types & sizes.

Unit type
2 bedrooms
Unit type
3 bedrooms
Unit typeSize (sq ft)
4 bedrooms3007
Unit typeSize (sq ft)
5 bedrooms6891

Location

In Downtown Dubai.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 8,800,000
Paid before handover
AED 6,160,000 (70%)
Due on handover
AED 2,640,000 (30%)
DLD registration (4%)
AED 352,000 verify
Golden Visa threshold
From-price is AED 2M or more

Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.

Developer

About Binghatti.

Dubai developer with apartment projects in Jumeirah Village Circle and Business Bay listed on Sovereign.
Projects on Sovereign
28
All projects by Binghatti
Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at Mercedes-Benz Places?

Homes at Mercedes-Benz Places start from AED 8,800,000 for 2-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for Mercedes-Benz Places?

Binghatti offers a 70/30 payment plan: 70% during construction and 30% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.

When is handover at Mercedes-Benz Places?

Handover is expected in Q4 2026. Completion dates can move, so check the developer's latest construction update before you plan around it.

What fees sit on top of the payment plan at Mercedes-Benz Places?

Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.

Does Mercedes-Benz Places qualify for the UAE Golden Visa?

A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.

Who is the developer of Mercedes-Benz Places?

Mercedes-Benz Places is developed by Binghatti. See the developer page for their other projects in Dubai.

How do I get the floor plans and brochure for Mercedes-Benz Places?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Mercedes-Benz Places.

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