
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Mercedes-Benz Places launch basis | 11,444 | AED 10.30M | Current launch / asking basis |
| Downtown Dubai ready-stock comps | 2,400 | AED 2.16M | Indicative resale benchmark |
| Downtown Dubai premium peer launches | 2,900 | AED 2.61M | New-launch peer set |
| Trophy alternative proxy | 3,600 | AED 3.24M | Higher-end anchor for negotiation context |

















Mercedes-Benz Places official render 1

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Mercedes-Benz Places official render 10
Astraterra Properties
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Downtown Dubai
Mercedes-Benz Places by Binghatti Developers
Located in Downtown Dubai
Starting from AED 10,299,999
Unit mix includes 2 BR, 3 BR, Apartments
Expected handover: Dec 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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