Mercedes-Benz Places – Binghatti City – Vision Iconic by Binghatti Developers, developer's renderNew launch · Freehold
Meydan (Nad Al Sheba 1) · Dubai

Mercedes-Benz Places – Binghatti City – Vision Iconic

by Binghatti Developers · handover Q3 2028

AED 2.6Mstarting price today
AED 5,172registered per sq ft
34sales in 12 months
163units
Q3 2028Planned handover
Binghatti DevelopersDeveloper
163Units registered
26.1% builtConstruction
FreeholdOwnership
2545DLD project number
Studio to 5 bedroomsHomes on offer
About the project

Mercedes-Benz Places – Binghatti City – Vision Iconic, in plain numbers.

Mercedes-Benz Places – Binghatti City – Vision Iconic is an off-plan residential project by Binghatti Developers in Meydan (Nad Al Sheba 1) (Burj Khalifa), Dubai. It is registered with the Dubai Land Department as project 2545, a 3b+g+5p+hc+3 amenities + 3 mech +3 mech (non accessible) + 51 residential floors+3 services +roof scheme, with works dated from December 2023 and 26.1% built at the last inspection. Handover is planned for Q3 2028. 163 units are registered, mostly 2-bedroom homes of about 2,271 sq ft and 3-bedroom homes of about 2,949 sq ft. The register shows 119 sales since September 2025, 34 of them in the last twelve months, at a median of AED 5,172 per sq ft.

Also in this development
  • Mercedes-Benz Placeshandover Q1 2027
  • Mercedes-Benz Places – Binghatti City – Maybach 6handover Q2 2028
  • Mercedes-Benz Places – Binghatti City – Maybach Ultimate Luxuryhandover Q2 2028
  • Mercedes-Benz Places – Binghatti City – Project Maybachhandover Q4 2027
Amenities
  • Smart home
  • Landscaped Gardens
  • CCTV Security
  • High Speed Elevators
  • Gymnasium
  • Fully Serviced
  • Elegant Lobby
  • Retail Facilities
  • Shared Pool
Our view
  • New launch
  • 82% above ready resales in Burj Khalifa per sq ft
  • 34 registered sales in 12 months

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in Mercedes-Benz Places – Binghatti City – Vision Iconic.

Units by type from the Land Department's register, the prices they have sold at, and what the developer has on offer today (26 Sept 2026).

TypeUnits in the projectTypical sizeRegistered sales, 2 yearsMedian priceAED / sq ftOn offer today
1 bedroom—————612 from AED 2.6M
2 bedrooms862,271 sq ft38AED 12,000,0004,866142 from AED 3.85M
3 bedrooms652,949 sq ft24AED 19,000,0005,94152 from AED 6.25M
4 bedrooms113,961 sq ft9AED 30,000,0008,4082 from AED 12.5M
5 bedrooms—————2 from AED 19M

Matched to the Land Department project Mercedes Benz Places Binghatti (project no. 2545).

Payment plan

How you pay.

  1. 100%
    Full payment4% DLD + 5000 AED Administration fee

The developer also offers Payment Plan 2 (3% discount) and Payment Plan 3; ask for the details.

Payment plan as published by the developer. Plans change during a launch; we confirm the current one in writing before you reserve.

From the Land Department register

What Mercedes-Benz Places – Binghatti City – Vision Iconic actually sells for.

Registered sale prices, not the developer's list prices.

AED 5,172median per sq ft, last 12 months
31sales registered in 12 months
119sales registered in total, since September 2025
+82%against ready homes in Burj Khalifa (AED 2,848 per sq ft)
4,0005,0006,0007,0008,000 2024 Q4: AED 6,782 per sq ft, 21 sales2025 Q1: AED 5,258 per sq ft, 4 sales2025 Q2: AED 4,793 per sq ft, 2 sales2025 Q3: AED 5,985 per sq ft, 14 sales2025 Q4: AED 5,172 per sq ft, 13 sales2026 Q1: AED 7,003 per sq ft, 4 sales2026 Q2: AED 5,319 per sq ft, 2 sales2026 Q3: AED 4,797 per sq ft, 11 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 214214134211 sales
4,0005,0006,0007,0008,000 2024 Q4: AED 6,782 per sq ft, 21 sales2025 Q1: AED 5,258 per sq ft, 4 sales2025 Q2: AED 4,793 per sq ft, 2 sales2025 Q3: AED 5,985 per sq ft, 14 sales2025 Q4: AED 5,172 per sq ft, 13 sales2026 Q1: AED 7,003 per sq ft, 4 sales2026 Q2: AED 5,319 per sq ft, 2 sales2026 Q3: AED 4,797 per sq ft, 11 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 214214134211 sales
Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.
Most recent registered sales
DateBedroomsSq ftPriceAED / sq ftStage
19 Aug 20263 B/R2,711AED 15,000,0005,533Off-plan
19 Aug 20262 B/R2,535AED 10,000,0003,945Off-plan
19 Aug 20262 B/R1,837AED 8,500,0004,627Off-plan
19 Aug 20262 B/R1,837AED 8,500,0004,627Off-plan
19 Aug 20263 B/R2,711AED 22,099,9998,152Off-plan
17 Aug 20262 B/R2,535AED 10,379,9994,095Off-plan
17 Aug 20264 B/R3,568AED 30,000,0008,408Off-plan
17 Aug 20264 B/R3,568AED 30,000,0008,408Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Meydan (Nad Al Sheba 1), Downtown Dubai, Dubai.

Open in Google Maps ↗
Buying off-plan in Dubai

What it costs beyond the price.

  • Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
  • No agency fee to you when you buy from the developer: the developer pays our commission.
  • Your payments go into the project's escrow account, released to the developer as construction is certified.
  • At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is Mercedes-Benz Places – Binghatti City – Vision Iconic handed over?

The developer plans handover for Q3 2028; the Land Department recorded the project at 26.1% built. Launch dates can move, and we track the registered progress for you.

Who is the developer of Mercedes-Benz Places – Binghatti City – Vision Iconic?

Binghatti Developers (registered as Binghatti Developers Fze). The project is registered with the Dubai Land Department as number 2545.

What is the payment plan for Mercedes-Benz Places – Binghatti City – Vision Iconic?

100% full payment. We confirm the current plan in writing before you reserve.

What is the price per square foot in Mercedes-Benz Places – Binghatti City – Vision Iconic?

Registered sales over the last 12 months have a median of AED 5,172 per sq ft, against about AED 2,848 for ready homes in Burj Khalifa.

Can foreigners buy in Mercedes-Benz Places – Binghatti City – Vision Iconic?

Yes. Mercedes-Benz Places – Binghatti City – Vision Iconic is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.

Continue discovering

More off-plan projects.

Tonino Lamborghini ResidencesOff-plan

Gulf Land Property Developers · Meydan (Nad Al Sheba 1)

Tonino Lamborghini Residences

From AED 2,450,000
159 registered sales, 12 monthsAED 2,517 / sq ft
Emerge ResidencesOff-plan

Elysian Developments · Meydan (Nad Al Sheba 1)

Emerge Residences

From AED 1,690,000
47 registered sales, 12 monthsAED 2,251 / sq ft
EthanOff-plan

Griffin Real Estate Development · Meydan (Nad Al Sheba 1)

Ethan

From AED 1,501,273
23 registered sales, 12 monthsAED 1,640 / sq ft
From AED 2.6MBinghatti Developers · Q3 2028