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Projects › Downtown Dubai › Mercedes-Benz Places | Binghatti

Mercedes-Benz Places | Binghatti Downtown Dubai, Dubai

AreaDowntown Dubai(Dubai)
DeveloperBinghatti
Residential sales (3 months)11 (2% of the area)
Median price (3 months)4,797 AED/sqft(51,635 AED/㎡)
Premium / discount to the area+81.8%
Price change (3 months / y/y)– / -19.8%
Off-plan share100%
Planned completion (registry)2026-12 (about 3 months away)
Construction progress (registry)65%
Units (registry)163
Median price, AED per sq ft (monthly)2,0003,0004,0005,0006,0007,0002024-122025-082025-092025-102025-112026-08
Residential sales per month052024-112025-032025-072025-102026-012026-072026-10

By unit type (last 12 months)

TypeSalesMedian price (AED)AED/sqftSize (sq ft)
2BR119,100,0003,9452,535
3BR1118,000,0005,5023,287
4BR530,000,0008,4084,043

Other projects in Downtown Dubai

ProjectSales (3m)AED/sqftvs areaOff-plan
Burj Khalifa Towers292,715+2.9%0%
29 Boulevard232,023-23.4%0%
The St. Regis Residences, Downtown Dubai233,369+27.7%100%
The Address Dubai Opera183,311+25.5%0%
Inaura Hotels & Residences184,983+88.8%100%
Imperial Avenue172,181-17.4%0%
Forte152,755+4.4%0%
Burj Views141,732-34.4%0%
Burj Crown132,425-8.1%0%
Act One | Act Two122,827+7.1%0%
Burj Royale123,667+39.0%0%
The Address - the Blvd123,259+23.5%0%

Data as of 2026-10-11, from Dubai Land Department registrations (DLD Open Data) and the project registry. Registrations under other spellings of the same project are counted together. Monthly prices are hidden for months with fewer than 5 sales. Completion dates come from the registry and often slip. Information only, not investment advice.

Check whether an asking price in this project is high or low →
Downtown Dubai area page · Run the buy-to-let numbers

Sources: Dubai Land Department (DLD Open Data; Dubai sales before 2026 via the CC BY 4.0 republication by Dubai Real Estate Data, dubairealestatedata.com), Ejari rent contracts, Abu Dhabi Real Estate Centre (ADREC), FRED, New York Fed, US Treasury. Residential (apartment and villa) sales only; cells with fewer than 5 sales are hidden. Information only, not investment advice.