The first 10 frames come from the seller’s own listing; the rest show the community and its grounds.
Mercedes Benz Places by Binghatti
2 BR · Apartment · 2 bathrooms
Price history
Listed since 27 July 2026. The price has been cut once — dates and figures from the listing itself.
- 27 July 2026 AED 12,500,000
- 8 September 2026 AED 11,800,000 -6%
Project sheet: Mercedes-Benz Places by Binghatti
Developer data — brochure, factsheet and stock deck
The Downtown tower — Binghatti’s first collaboration with Mercedes-Benz. Not to be confused with Binghatti City: that project carries the same Mercedes-Benz Places name but is a Meydan masterplan, and entry there starts at 1.6M, not 11.3M.
- Handover
- Dec 2026
Where it is
The pin is placed by district — I send the exact address on request.
Downtown Dubai
The Burj Khalifa district — the most recognisable address in the emirate and the densest piece of it.
- short-let income
- a landmark address
- fast resale
What to check: The service charge here is among the highest in Dubai and in older towers it has climbed faster than rent. Calculate your yield after the charge, not before, and ask for three years of charge history before making an offer.
Full district guide →A mortgage covers the final instalment
The final payment on this building falls in 2027 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
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