Project general facts Mercedes-Benz Places | Binghatti is a landmark residential hyper-tower that redefines contemporary architecture through a fusion of innovation, elegance, and iconic design. Inspired by the Mercedes-Benz philosophy of Sensual Purity, the tower features bold proportions, fluid lines, and a distinctive façade incorporating elements of the three-pointed star, creating a powerful and recognizable presence within the skyline. The project embodies a seamless balance between beauty and functionality, offering a new vision of modern urban living shaped by precision and sophistication. Residents benefit from a thoughtfully designed environment that combines lifestyle, comfort, and exclusivity. The development is conceived to deliver a refined living experience, with spaces that encourage relaxation, social interaction, and everyday convenience. Its architectural concept integrates multiple design languages, resulting in a dynamic setting where innovation meets elegance, and where residents can enjoy a lifestyle defined by quality and distinction. Interiors are finished with carefully selected materials and a harmonious palette of refined tones, creating a calm and so
| Milestone | Share | On AED 11.50M |
|---|---|---|
| On booking, 20 payment - On booking (Mercedes-Benz Places by Binghatti) | 20% | AED 2.3M |
| During construction, 50 payment - During construction (Mercedes-Benz Places by Binghatti) | 50% | AED 5.75M |
| Upon Handover, 30 payment - Upon Handover (Mercedes-Benz Places by Binghatti) | 30% | AED 3.45M |
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 2,300,000 |
| During construction (50%) | ≈ AED 239,583 equivalent per month over 24 months | AED 5,750,000 |
| Handover (30%) | On completion | AED 3,450,000 |
| DLD fee (4%) | On booking | AED 460,000 |
| Admin / Oqood (est.) | On booking | AED 5,250 |

Binghatti is a visionary real estate developer renowned for its commitment to iconic architecture and innovative design. From its inception, the brand has set itself apart by creating hyper-properties that blend artistic expression with modern functionality, making each development instantly recognizable.
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Mercedes-Benz Places by Binghatti starts from AED 11.50M and runs to AED 26.20M, across 2 bedroom, 2 bedroom, 2 bedroom, 2 bedroom. Prices move with each release; the pack carries the current list.
20% on booking, 50% during construction, 30% upon handover, worked in dirhams on AED 11.50M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
Binghatti lists handover for Q4 2026, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In Downtown Dubai, Dubai. The Downtown Dubai community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Yes, escrow account 0011370621096. Payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.