Mercedes Benz Places by Binghatti
What people actually paid in Mercedes Benz Places by Binghatti: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
120 sales are on record at the Dubai Land Department, below.
Buying off-plan
Managing Partner
Buying in Mercedes Benz Places by Binghatti? Our team can walk you through what these numbers mean for you.
- Community
- Downtown Dubai
- Nearest metro
- Burj Khalifa/Dubai Mall Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Brand
- Mercedes-Benz — 75 sold off-plan in two years at a median AED 5,533 a sq ft; branded residences in Dubai
- First on record
- 2024 — an off-plan sale
- Sales on record
- 120 — registered at the Dubai Land Department, the latest October 2026
- Off-plan share
- 100% — 120 bought off-plan from the developer, 0 resales of a completed home
Recorded rents and gross yield for Mercedes Benz Places by Binghatti →
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2025 at AED 5,259 a square foot, and it has recovered 4% since.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 2 B/R | 2,535 sqft | 10,650,000 | 11,199,930 | 4,805 | 74 |
| 3 B/R | 3,286 sqft | 18,500,000 | 19,287,820 | 6,096 | 36 |
| 4 B/R | 3,846 sqft | 32,787,000 | 34,147,400 | 8,666 | 10 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Mercedes Benz Places by Binghatti
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 13 Oct 2026 | 2 B/R | 1,837 | 8,000,000 | 4,355 |
| 6 Oct 2026 | 3 B/R | 3,284 | 18,000,000 | 5,482 |
| 5 Oct 2026 | 4 B/R | 4,043 | 36,299,999 | 8,979 |
| 19 Aug 2026 | 3 B/R | 2,711 | 15,000,000 | 5,533 |
| 19 Aug 2026 | 2 B/R | 2,535 | 10,000,000 | 3,945 |
| 19 Aug 2026 | 2 B/R | 1,837 | 8,500,000 | 4,627 |
| 19 Aug 2026 | 2 B/R | 1,837 | 8,500,000 | 4,627 |
| 19 Aug 2026 | 3 B/R | 2,711 | 22,099,999 | 8,152 |
| 17 Aug 2026 | 2 B/R | 2,535 | 10,379,999 | 4,095 |
| 17 Aug 2026 | 4 B/R | 3,568 | 30,000,000 | 8,408 |
| 17 Aug 2026 | 4 B/R | 3,568 | 30,000,000 | 8,408 |
| 12 Aug 2026 | 2 B/R | 2,535 | 8,500,000 | 3,353 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 120 sales on record, 120 were bought off-plan from the developer and 0 were resales of a finished home. The 2026 bar is part-year.
In context
Where it sits in Downtown Dubai
Mercedes Benz Places by Binghatti is the 1st most expensive of the 41 Downtown Dubai buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.
| Rank | Building | Sales, 12 months | Median per sq ft |
|---|---|---|---|
| 1 | Mercedes Benz Places by Binghatti | 30 | 5,135 |
| 2 | Baccarat Residence T2 | 18 | 5,133 |
| 3 | Inaura Hotels & Residences | 35 | 4,989 |
| 4 | Binghatti Skyblade | 429 | 3,909 |
Downtown Dubai as a whole: AED 2,956 a square foot across 2,278 sales in the last twelve months.
Where the market is moving
The busiest buildings in Downtown Dubai
Mercedes Benz Places by Binghatti sold 0 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Downtown Dubai.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Burj Khalifa | 29 | 1.0× |
| 2 | Burj Crown | 14 | 1.1× |
| 3 | Imperial Avenue | 13 | 1.0× |
| 4 | Forte 1 | 12 | 1.0× |
| 5 | Burj Royale | 11 | 1.6× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Downtown Dubai, with pace against each building’s own year before.
Nearby
What else to look at in Downtown Dubai
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Baccarat Residence T1 | 50 | 2024 | 7,468 |
| Baccarat Residence T2 | 43 | 2024 | 5,489 |
| Inaura Hotels & Residences | 35 | 2026 | 4,989 |
| Address Grand Downtown | 60 | 2025 | 4,030 |
| Binghatti Skyblade | 565 | 2025 | 3,909 |
| IL Primo | 220 | 2016 | 3,844 |
| 25Hours Heimatnewest | 277 | 2024 | 2,853 |
| Downtown Dubai One Residencenewest | 361 | 2024 | 2,829 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Buying in Mercedes Benz Places by Binghatti? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.