Mercedes-Benz Places
Off-Plan

Mercedes-Benz Places

From AED 10.30M·Handover Dec 2026·100% down payment Payment
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AED 10.30M
Starting Price
Dec 2026
Handover
100% down payment
Payment Plan
2 BR · 3 BR
Type

Project Overview

Mercedes-Benz Places is a luxury project by Binghatti, located in the heart of Dubai’s Downtown district. Developed in collaboration with the world-renowned brand Mercedes-Benz, the tower is an architectural masterpiece with an impressive design. The building consists of three basement levels, a ground floor, five podium floors, and sixty-five residential levels. Residences include two- and three-bedroom apartments, as well as exclusive four- and five-bedroom penthouses. All layouts are thoughtfully designed and feature a private pool. Premium-quality materials are used in the interiors, while panoramic windows offer breathtaking views of Burj Khalifa and the Dubai skyline. Residents have access to world-class amenities, including a swimming pool, gym, children’s play areas, and sports courts. Landscaped relaxation areas and spa facilities are also available. Cafés, restaurants, shops, and supermarkets are within walking distance. The complex is conveniently close to Dubai’s key attractions. Dubai Mall and Burj Khalifa are just 10 minutes away, Souk Al Bahar and The Dubai Fountain can be reached in 15 minutes, and Dubai Opera is about 20 minutes away.

Project Specifications
DeveloperBinghatti Developers
LocationDowntown Dubai
Unit Types2 BR, 3 BR, Apartments
AreaDowntown Dubai
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 444,445 / year
Cash-on-Cash
2.2%
Levered cashflow AED 104,545
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 669,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Mercedes-Benz Places launch basis11,444AED 10.30MCurrent launch / asking basis
Downtown Dubai ready-stock comps2,400AED 2.16MIndicative resale benchmark
Downtown Dubai premium peer launches2,900AED 2.61MNew-launch peer set
Trophy alternative proxy3,600AED 3.24MHigher-end anchor for negotiation context

Gallery

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Mercedes-Benz Places official render 1

Mercedes-Benz Places official render 1

Mercedes-Benz Places official render 2

Mercedes-Benz Places official render 2

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Mercedes-Benz Places official render 9

Mercedes-Benz Places official render 10

Mercedes-Benz Places official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Binghatti Developers.

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Payment Structure

100% down payment

Flexible Payment

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Floor Plans

Mercedes-Benz Places — 1 Bedroom Floor Plan

Amenities & Lifestyle

Accessibility for people with disabilities
BBQ
Central A/C
Concierge Service
Dining outlets (coffee houses & restaurants)
Housekeeping Services
Infinity pool
Kids Play Area
Lagoon style swimming pool
Leisure areas
Lift
Lobby
Lounge
Private pool
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Smart home
Valet parking

Location

Downtown Dubai

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Downtown DubaiDowntown DubaiDubai, UAE

Developer Track Record

01

Mercedes-Benz Places by Binghatti Developers

02

Located in Downtown Dubai

03

Starting from AED 10,299,999

04

Unit mix includes 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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