Mercedes Benz Places by Binghatti

This 4-bedroom, 7-bathroom penthouse at Mercedes-Benz Places by Binghatti offers 3,662 sq ft in Downtown Dubai, priced from AED 35,799,999 (about AED 9,776 per sq ft), with handover expected in Q4 2026.

Mercedes-Benz Places by Binghatti is a 65-storey, 1,119-foot residential tower in Downtown Dubai, near Burj Khalifa and Dubai Mall, with apartments and penthouses; sales opened in December 2023. The Dubai Land Department lists it as project 2545 (Binghatti Developers Fze), registered in December 2023 with 163 units: 162 homes (86 two-bedroom, 65 three-bedroom and 11 four-bedroom) and 1 commercial unit. Construction stood at 65.25% at the latest DLD inspection on 28 April 2026. Facilities include a pool, a gym and fitness centre, a spa, a yoga room, restaurants and retail, a children's play area, a barbecue area and valet parking.

2-bedroom layouts range from about 1,837 to 2,534 sq ft.

DIFC is about 5 minutes away and Dubai International Airport about 10 minutes.

The 2-bedroom layout suits buyers who want a branded residence in one of Downtown Dubai's tallest new towers.

How does the price compare with Downtown Dubai? Registered sales in Downtown Dubai had a median of AED 2,829 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 1,654 sales). At about AED 9,776 per sq ft, this unit is around 246% above that median.

What rental yield can investors expect in Downtown Dubai? The median annual rent was AED 170,000, a gross yield of about 5.4% over the same period (Dubai Land Department, 16,822 Ejari contracts in Burj Khalifa). Actual returns depend on the unit, floor and market at handover.

When will Mercedes-Benz Places be completed? Our feed lists handover in Q4 2026.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.