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United Arab Emirates · Dubai · Downtown Dubai

Mercedes-Benz Places by Binghatti

The first Mercedes-Benz branded residence, set against the Burj Khalifa in Downtown Dubai

Gurjinder Bajwa Omnia Capital Group

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£1,804,000
Guide price from
2 – 4 bedroom · 171–376 m²
Freehold · Handover Q4 2026
Limited availability
Now selling

Overview

Mercedes-Benz Places by Binghatti: the first Mercedes-Benz branded residence, a 71-storey tower in Downtown Dubai. 150 freehold homes, 2 to 5 beds, from AED 8.8M. Handover targeted Q4 2026.

Mercedes-Benz Places by Binghatti is a 71-storey tower in Downtown Dubai, reaching about 341 metres above ground over three basement levels. It holds about 150 residences, with a maximum of four homes per floor: 2-bedroom and 3-bedroom apartments named the Mercedes-Benz Pagoda Suite and Grand Mercedes Suite, and 4-bedroom and 5-bedroom penthouses including the Vision One-Eleven and Gullwing. The entry 2-bedroom starts from about AED 8,800,000, a guide of roughly GBP 1,804,000 at the rate used here. This is the first Mercedes-Benz branded residence. Binghatti Developers FZE is the developer; Mercedes-Benz licenses its name and design language and does not build or own the project.

The site sits in the Downtown Dubai core, next to the Burj Khalifa and The Dubai Mall, with the Dubai International Financial Centre about five to ten minutes away and Dubai International Airport about fifteen minutes by car. Downtown is a designated freehold area, so the homes are sold freehold and registered with the Dubai Land Department, open to all nationalities. Construction began in December 2023 and handover is targeted for the fourth quarter of 2026; as of late June 2026 the building is still under construction and not yet handed over.

Homes here are priced and sold in dirhams, which are pegged to the US dollar, so a sterling buyer's cost moves with the exchange rate; the GBP figures on this page are a guide only. A purchase at AED 2,000,000 or more supports a renewable 10-year UAE Golden Visa for the owner and family, and there is no UAE personal income tax or capital gains tax. Omnia represents you, not the developer. We confirm the unit, the floor, the size, the payment schedule and the service charge in writing before you commit, because the payment plan and the service charge are not published by the developer for this tower.

Property type
Residential development
Bedrooms
2 – 4 bedroom
Interior sizes
171–376 m²
Tenure
Freehold
Completion
Q4 2026
Residences
150
DeveloperBinghatti
OwnershipFreehold

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Buy-to-let & hold

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Buying somewhere to live, summer or retire? We match the right residence and handle the purchase and the move end to end.

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Visa & residency

Relocating buyers

Investor residency can follow a qualifying purchase. We confirm eligibility and walk you through the route.

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The residences

Interiors made for living.

The tower holds about 150 homes across 71 storeys, no more than four to a floor, running from 2-bedroom apartments to 5-bedroom penthouses. There are no studios or one-bedrooms.

2 to 5 bedroom homes
Apartments and penthouses
Interiors under Sensual Purity
By Binghatti and Mercedes-Benz
Burj Khalifa views
Private pools in select homes
Smart home technology
Up to four homes per floor
Mercedes-Benz Places by Binghatti by Binghatti in Downtown Dubai, Dubai, view 3.
Apartments: 2 and 3 bedrooms

The 2-bedroom Mercedes-Benz Pagoda Suite is reported at about 1,837 square feet, roughly 171 square metres, and is the entry home from about AED 8,800,000. The 3-bedroom Grand Mercedes Suite is reported at about 2,711 square feet, roughly 252 square metres.

Penthouses: 4 and 5 bedrooms

The 4-bedroom Vision One-Eleven penthouse runs about 4,043 square feet, roughly 376 square metres. The line-up also includes the 5-bedroom Gullwing penthouse and duplex and triplex penthouses, the Vision EQ Silver Arrow and the Uhlenhaut Coupe.

Finish and interiors

Interiors were designed by Binghatti's team alongside the Mercedes-Benz creative team under a philosophy named Sensual Purity. Some homes include private pools, and many face the Burj Khalifa. Smart home technology covers automated lighting, climate and security. We confirm the exact furnishing and finish specification per home in writing.

Parking and access

The tower has three basement levels with private parking, plus automated valet parking and EV charging stations. With a maximum of four homes per floor, the layout is low-density for a building of this height.

The amenities

Wellness and leisure

Infinity poolGym and fitnessSpa and wellness zonesPrivate pools in selected homes

Service and living

ConciergeResident lounge facilitiesRestaurant and food and beverage spaceSmart home technologyBurj Khalifa views

Parking and mobility

Private parking across three basement levelsAutomated valet parkingEV charging stationsPhotovoltaic panels powering EV charging
Mercedes-Benz Places by Binghatti by Binghatti in Downtown Dubai, Dubai, view 1.

The setting

The lit crown at night

Why this address

The case for it.

From AED 8.8M, freehold, Golden Visa eligible

The entry 2-bedroom starts from about AED 8,800,000, a guide of roughly GBP 1,804,000. Homes are sold freehold in a designated Downtown Dubai freehold area, registered with the Dubai Land Department and open to all nationalities. A purchase at AED 2,000,000 or more supports a renewable 10-year UAE Golden Visa for owner and family.

Under construction, handover targeted Q4 2026

Construction began in December 2023 and the developer targets handover in the fourth quarter of 2026. As of late June 2026 the tower is still under construction and not yet handed over. The developer is Binghatti Developers FZE, an established Dubai developer registered with the DLD as Developer No. 1051.

The first Mercedes-Benz branded residence

This is reported as the world's first Mercedes-Benz branded residence. Binghatti develops the tower; Mercedes-Benz licenses its name and design language under a design philosophy named Sensual Purity. The Mercedes-Benz marks remain the intellectual property of Mercedes-Benz Group AG. Mercedes-Benz does not build or own the project.

About 150 homes, 2 to 5 bedrooms

The tower holds about 150 residences across 71 storeys, with a maximum of four homes per floor: 2-bedroom and 3-bedroom apartments and 4-bedroom and 5-bedroom penthouses, plus duplex and triplex penthouses. There are no studios or one-bedrooms.

Downtown Dubai address, next to the Burj Khalifa

The site sits in the Downtown Dubai core beside the Burj Khalifa and The Dubai Mall, with the Dubai International Financial Centre about five to ten minutes away and Dubai International Airport about fifteen minutes by car. Many homes face the Burj Khalifa.

An established developer with a fast-build record

Binghatti, founded in 2008, has a multi-year handover record across Jumeirah Village Circle, Business Bay, Al Jaddaf, Dubai Silicon Oasis, Liwan and Dubailand, and a genuine reputation for rapid delivery. The DLD named it Fastest-Growing Real Estate Developer in 2022; we treat that as a marketing accolade, not an independent metric.

Sustainability built into the facade

The facade integrates photovoltaic panels that power EV charging, and the building targets LEED Gold certification. Smart home technology and EV charging stations are part of the specification.

The investment case

Bought early, held for value.

Download the dossier
£1.80m
Guide price from
Entry to the release
150
Residences
A single, finite release
Q4 2026
Completion
Phase one handover
Freehold
Tenure
Foreign ownership eligible

All figures are indicative and provided for orientation only, not investment, tax or legal advice. Omnia does not guarantee rental yield or capital growth. Confirm every figure against the developer's current price list before reserving.

Availability

Select your residence.

Request the full price list
Last updated June 2026
Bedrooms
ResidencePrice from
Pagoda Suite (2-bedroom apartment)
From £1,804,000
Grand Mercedes Suite (3-bedroom apartment)
From £2,435,000
Vision One-Eleven (4-bedroom penthouse)
From £3,247,000

Ownership & how to buy

How ownership works.

Who can own

Downtown Dubai is a designated freehold area, so the homes are sold freehold with 100% foreign ownership, registered with the Dubai Land Department and open to all nationalities. A purchase at AED 2,000,000 or more supports a renewable 10-year UAE Golden Visa for the owner and immediate family.

Currency and price basis

Homes are priced and sold in dirhams, which are pegged to the US dollar. The entry 2-bedroom starts from about AED 8,800,000. The GBP figures on this page are a guide only, at about 1 dirham to 0.205 pounds, so roughly GBP 1,804,000; a sterling buyer's cost moves with the exchange rate.

Payment

The payment plan for this tower is not published by the developer. Some brokers quote a 70/30 split, but that is not confirmed on the developer's own channels, so we state no payment ratio as fact. We confirm the full payment schedule in writing per reservation before you commit.

Costs and fees

Buyers should budget for the Dubai Land Department transfer fee of about 4% of the price. There is no UAE personal income tax and no capital gains tax. Annual service charges apply but are not published by the developer for this tower; we confirm the figure in writing before you reserve. Off-plan instalments are protected by a RERA escrow account.

Indicative purchase costs
Reservation deposit£20,000
Real-estate transaction tax5%
Registration & legal~1.5%
Service chargeFrom £8 / sq ft / yr
Rental managementShare of income

Figures are indicative. Your advisor prepares a full, itemised cost breakdown for your specific residence and jurisdiction before you commit.

The location

Part of Downtown Dubai

Downtown Dubai
25.19° N, 55.28° E

The immediate setting.

Burj Khalifa and The Dubai Mall
Adjacent in Downtown Dubai, a few minutes' drive
Dubai International Financial Centre (DIFC)
About 5 to 10 minutes by car
Dubai International Airport (DXB)
About 15 minutes by car

The wider picture

Branded waterfront residence at golden hour, United Arab Emirates
The country

United Arab Emirates

Own property in the Gulf's most mature and liquid real estate market.

Mercedes-Benz Places by Binghatti by Binghatti in Downtown Dubai, Dubai, view 2.
The city

Dubai

The benchmark Gulf market is moderating from a record year, and that is precisely when selection starts to matter.

Mercedes-Benz Places by Binghatti by Binghatti in Downtown Dubai, Dubai, view 3.
The district

Downtown Dubai

The city’s built-out ceremonial core. Around the Burj Khalifa, buyers pay for trophy addresses and liquidity, not headline yield.

In detail

A closer reading.

Mercedes-Benz Places stands in the Downtown Dubai core, the district built around the Burj Khalifa and The Dubai Mall. From here the Burj Khalifa and the mall are a few minutes' drive, the Dubai International Financial Centre is about five to ten minutes by car, and Dubai International Airport is about fifteen minutes. The tower rises 71 storeys above ground, about 341 metres, over three basement levels, with no more than four homes on a floor. Downtown is a designated freehold area: the homes are sold freehold and registered with the Dubai Land Department, open to buyers of all nationalities.

Against its Binghatti siblings, this tower is defined by its brand partner and its scale of restraint. Where Ghost, Ivory and Starlight in Al Jaddaf and Royale in Jumeirah Village Circle run to hundreds of homes at mid-market prices, and Skyrise in Business Bay reaches into the thousands, Mercedes-Benz Places holds only about 150 residences. It is the first Mercedes-Benz branded residence, distinct from Binghatti's other branded towers in Business Bay: Bugatti Residences with Bugatti and the Burj Binghatti Jacob & Co supertall with Jacob & Co. Its bedroom range is 2 to 5, with no studios or one-bedrooms. The entry 2-bedroom starts from about AED 8,800,000, placing it well above the core Binghatti towers.

Binghatti Developers FZE is the developer; Mercedes-Benz is the design and brand partner only. The official Mercedes-Benz Places site states that the Mercedes-Benz name and marks are the intellectual property of Mercedes-Benz Group AG and are used by Binghatti Developers FZE under license, with Binghatti's architects and interior designers working alongside the Mercedes-Benz creative team on a design philosophy named Sensual Purity. Binghatti is an established Dubai developer, founded in 2008 by Dr. Hussain BinGhatti Aljbori and now led by Chairman Muhammad BinGhatti, with Katralnada BinGhatti as Chief Executive Officer. It is registered with the Dubai Land Department as Developer No. 1051 and has a multi-year handover record across Jumeirah Village Circle, Business Bay, Al Jaddaf, Dubai Silicon Oasis, Liwan and the wider Dubailand area, with a genuine reputation for fast delivery; the DLD named it Fastest-Growing Real Estate Developer in 2022, which is a marketing accolade rather than an independent performance metric. Any precise total of units delivered, projects completed or portfolio value is developer-reported and conflicts across sources, so we do not state one as fact.

The residences run from 2-bedroom apartments to 5-bedroom penthouses. The 2-bedroom runs about 1,837 square feet, roughly 171 square metres; the 3-bedroom at about 2,711 square feet, roughly 252 square metres; and the 4-bedroom at about 4,043 square feet, roughly 376 square metres. The line-up includes the Pagoda Suite and Grand Mercedes Suite apartments and the Vision One-Eleven and Gullwing penthouses, alongside duplex and triplex penthouses. Amenities described for the tower include an infinity pool, a gym, spa and wellness zones, concierge and lounge facilities, restaurant and food and beverage space, smart home technology, private and valet parking, and EV charging. The facade integrates photovoltaic panels powering EV charging, and the building targets LEED Gold. Some homes include private pools, and many face the Burj Khalifa.

On demand and value, the honest picture is mixed and we set it out plainly. This is an off-plan purchase: handover is targeted for Q4 2026 but the building is still under construction, so the timeline carries delivery risk and the date can move. Dubai has a large handover pipeline running through 2025 to 2027, a real supply-side counterweight to weigh on any Downtown home. Branded residences can carry a price step over comparable unbranded stock, and that step is not guaranteed to hold on resale. The dirham basis means a sterling buyer's cost moves with the exchange rate. We make no claim about rental yield, occupancy or capital growth, because none is verified here. What is verified is the location, the freehold tenure, the developer's track record and the brand partnership; we hold to those and confirm everything else in writing.

Questions & answers

What buyers ask us.

How much does a home at Mercedes-Benz Places cost?

The entry 2-bedroom Pagoda Suite starts from about AED 8,800,000, a guide of roughly GBP 1,804,000 at the rate used here. Three-bedroom apartments and the 4 and 5-bedroom penthouses are priced higher and confirmed per home. Homes are priced and sold in dirhams, so a sterling buyer's cost moves with the exchange rate.

Can a foreign buyer own here, and does it support a Golden Visa?

Yes. Downtown Dubai is a designated freehold area, so the homes are sold freehold with 100% foreign ownership, registered with the Dubai Land Department. A purchase at AED 2,000,000 or more supports a renewable 10-year UAE Golden Visa for the owner and family.

When does it complete?

Construction began in December 2023 and the developer targets handover in the fourth quarter of 2026. As of late June 2026 the tower is still under construction and not yet handed over. As with any off-plan purchase, the date can move, so we track the build and confirm milestones with you.

How is this different from Binghatti's other towers?

It is the first Mercedes-Benz branded residence, distinct from Binghatti's Bugatti Residences and the Burj Binghatti Jacob & Co in Business Bay. It is also far smaller than the core Binghatti towers: about 150 homes against the hundreds at Ghost, Ivory, Royale and Starlight, or the thousands at Skyrise. Its bedroom range is 2 to 5, with no studios or one-bedrooms.

Are the homes furnished, and who designed them?

Interiors were designed by Binghatti's team alongside the Mercedes-Benz creative team under a design philosophy named Sensual Purity. Some homes include private pools and many face the Burj Khalifa. We confirm the exact furnishing and finish specification per home in writing before you commit.

What is the payment plan?

The developer has not published a payment plan for this tower. Some brokers quote a 70/30 split, but that is not confirmed on the developer's channels, so we do not state it as fact. We confirm the full schedule in writing per reservation.

Is Binghatti a reliable developer?

Binghatti, founded in 2008, is an established Dubai developer registered with the DLD as Developer No. 1051, with a multi-year handover record across Jumeirah Village Circle, Business Bay, Al Jaddaf, Dubai Silicon Oasis, Liwan and Dubailand, and a genuine fast-delivery reputation. We note that any precise unit or portfolio total is developer-reported and conflicts across sources, so we do not present one as fact.

Make an enquiry

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Due diligence

Read deeper before you decide.

The render is the easy part. These are the documents and the reading that make for a considered decision, prepared by Omnia or shared on request.

Document

The development dossier

Floorplans, finishes, the price list, payment schedule and the service-charge breakdown. The complete picture in one file.

Request the dossier
Guides

Ownership, plainly

Eligibility, title, ongoing costs and the considerations. What overseas buyers should understand before reserving.

Read the guides
Reports & intel

Omnia's reading of the market

Where value is moving across our markets, researched and written by Omnia.

Read the reports

Why Omnia

The residence is the visible part. The access, the advice and the standing behind it are what make a purchase considered.

Access

We work with buyers who value discretion and reach across significant purchases, including residences released privately, before they are widely marketed.

Independent advice

We work on the buyer's side of the decision, from first viewing to completion and the years that follow.

The whole picture

Availability, documentation, ownership structure and unit selection, considered together, so the decision is made with the full view, not a brochure.

For the long term

We help clients acquire property to hold and pass on, with clear-eyed attention to cost, structure and the considerations that come with off-plan ownership.

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