Project profile
Mercedes-Benz Places | Binghatti
Project · Downtown Dubai
Registered prices, construction progress and the record across its buildings.
Developer: Binghatti Developers
- Registered salesLast 12 months
- 31
- Median off-plan pricePer sq ft
- AED 5,136
- Construction progressDLD end date Dec 2026
- 65.3%
Data to 3 November 2026
Dubai Land Department lists the project as under construction, 65.3% complete, with a DLD end date of 31 December 2026. In the last 12 months, Dubai Land Department registered 31 sales in Mercedes-Benz Places | Binghatti, worth AED 529.7M in total. The median off-plan price was 5,136 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A project, in progress.
Under construction
- Start
- 15 December 2023
- DLD end date
- 31 December 2026
- Units
- 163
- Buildings
- 1
DLD progress 65.3% (register read on 1 November 2026); 95% of the registered period (15 December 2023 to 31 December 2026) has passed.
Launch and latest registrations.
- Launch priceFirst 90 days from May 2024, 38 home sales
- AED 4,899
- Last 12 months31 home sales
- AED 5,136
- ChangeMedian AED/sqft, homes only
- +4.8%
Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The unit mix of the two periods can differ.
Registered prices, over time.
Median registered price, AED per sq ft
Show the figures
| Month | Off-plan (registered sales) |
|---|---|
| Nov 2024 | — 1 sale |
| Dec 2024 | 4,734 AED/sqft 8 sales |
| Jan 2025 | — 1 sale |
| Feb 2025 | — |
| Mar 2025 | — 3 sales |
| Apr 2025 | — 1 sale |
| May 2025 | — |
| Jun 2025 | — 1 sale |
| Jul 2025 | — 1 sale |
| Aug 2025 | 6,961 AED/sqft 7 sales |
| Sep 2025 | 5,533 AED/sqft 5 sales |
| Oct 2025 | 5,171 AED/sqft 8 sales |
| Nov 2025 | 2,074 AED/sqft 5 sales |
| Dec 2025 | — 3 sales |
| Jan 2026 | — 3 sales |
| Feb 2026 | — |
| Mar 2026 | — 1 sale |
| Apr 2026 | — |
| May 2026 | — |
| Jun 2026 | — 2 sales |
| Jul 2026 | — 2 sales |
| Aug 2026 | 4,627 AED/sqft 9 sales |
| Sep 2026 | — |
| Oct 2026 | — 4 sales |
What does each home type look like?
Apartment · 2 beds
- Median price, all sales
- AED 9.1M
- AED/sqft
- 4,095
- Sales
- 14
Apartment · 3 beds
- Median price, all sales
- AED 18M
- AED/sqft
- 5,501
- Sales
- 12
Apartment · 4 beds
- Median price, all sales
- AED 30M
- AED/sqft
- 8,408
- Sales
- 5
Last 12 months. Prices are medians of at least 5 registered sales, ready and off-plan together.
Service charges.
In the area report.
The Downtown Dubai area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Downtown Dubai area reportThe latest registered sales.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 3 Nov 2026 | Apartment · 2 beds · Off-plan | 1,837 sqft | AED 9,500,000 | 5,171 |
| 2 Nov 2026 | Apartment · 3 beds · Off-plan | 2,708 sqft | AED 22,599,999 | 8,346 |
| 30 Oct 2026 | Apartment · 2 beds · Off-plan | 1,837 sqft | AED 9,400,000 | 5,117 |
| 13 Oct 2026 | Apartment · 2 beds · Off-plan | 1,837 sqft | AED 8,000,000 | 4,355 |
| 6 Oct 2026 | Apartment · 3 beds · Off-plan | 3,284 sqft | AED 18,000,000 | 5,481 |
| 5 Oct 2026 | Apartment · 4 beds · Off-plan | 4,043 sqft | AED 36,299,999 | 8,978 |
| 19 Aug 2026 | Apartment · 3 beds · Off-plan | 2,711 sqft | AED 22,099,999 | 8,152 |
| 19 Aug 2026 | Apartment · 3 beds · Off-plan | 2,711 sqft | AED 15,000,000 | 5,533 |
| 19 Aug 2026 | Apartment · 2 beds · Off-plan | 2,535 sqft | AED 10,000,000 | 3,945 |
| 19 Aug 2026 | Apartment · 2 beds · Off-plan | 1,837 sqft | AED 8,500,000 | 4,627 |
3 Nov 2026
Apartment2 bedsOff-plan1,837 sqft
AED 9,500,0005,171 AED/sqft
2 Nov 2026
Apartment3 bedsOff-plan2,708 sqft
AED 22,599,9998,346 AED/sqft
30 Oct 2026
Apartment2 bedsOff-plan1,837 sqft
AED 9,400,0005,117 AED/sqft
13 Oct 2026
Apartment2 bedsOff-plan1,837 sqft
AED 8,000,0004,355 AED/sqft
6 Oct 2026
Apartment3 bedsOff-plan3,284 sqft
AED 18,000,0005,481 AED/sqft
5 Oct 2026
Apartment4 bedsOff-plan4,043 sqft
AED 36,299,9998,978 AED/sqft
19 Aug 2026
Apartment3 bedsOff-plan2,711 sqft
AED 22,099,9998,152 AED/sqft
19 Aug 2026
Apartment3 bedsOff-plan2,711 sqft
AED 15,000,0005,533 AED/sqft
19 Aug 2026
Apartment2 bedsOff-plan2,535 sqft
AED 10,000,0003,945 AED/sqft
19 Aug 2026
Apartment2 bedsOff-plan1,837 sqft
AED 8,500,0004,627 AED/sqft
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