Mercedes-Benz Places | Binghatti, Downtown Dubai: sale prices and transactions
Mercedes-Benz Places | Binghatti is a project registered with the Dubai Land Department (project no. 2545) in Downtown Dubai. Since May 2024, 120 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 30 sales closed at a median AED 55,272 per m² (AED 5,135 per sq ft).
- AED 55,272median price per m²
- AED 5,135median price per sq ft
- 120sales since 2024
- 30sales in 12 months
- -11.2%change year on year
Its price per m² is 74.6% above the Downtown Dubai median (AED 31,650/m²). All sales were registered off-plan: the project is sold before completion.
Mercedes-Benz Places | Binghatti prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 2 bedrooms | 14 | AED 9,100,000 | 236 m² |
| Apartment · 3 bedrooms | 11 | AED 18,000,000 | 305 m² |
| Apartment · 4 bedrooms | 5 | AED 30,000,000 | 376 m² |
Mercedes-Benz Places | Binghatti price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2024 | 64 | AED 57,325 | AED 5,326 | — |
| 2025 | 36 | AED 56,606 | AED 5,259 | -1.3% |
| 2026 (to mid-October) | 20 | AED 59,113 | AED 5,492 | +4.4% |
Location
- Nearest metro: Buj Khalifa Dubai Mall Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Mercedes-Benz Places | Binghatti off-plan: official sheet, progress and price list
Developer: Binghatti Developers FZE, all projects
Neighbouring projects in Downtown Dubai
Same price per m² elsewhere in Dubai
- The Residences, Al Habtoor Grand, Marsa Dubai — AED 54,626/m²
- Ocean House, Palm Jumeirah — AED 55,962/m²
- Eden House The Canal, Dubai Water Canal — AED 54,557/m²
- Cavalli Couture, Dubai Water Canal — AED 57,108/m²
Other projects in Downtown Dubai
- Inaura Hotels & Residences — AED 53,703/m²
- Il PRIMO — AED 57,443/m²
- Baccarat Hotel and Residences, Dubai — AED 61,476/m²
- Binghatti Skyblade — AED 42,075/m²
- Vida Dubai Mall — AED 40,388/m²
- Solara Tower Dubai — AED 40,248/m²
- The 118 — AED 40,042/m²
- The Address Dubai Opera — AED 37,553/m²
Downtown Dubai property prices · Downtown Dubai rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Mercedes-Benz Places | Binghatti?
Over the last 12 months the median is AED 5,135 per sq ft (AED 55,272 per m²) across 30 DLD sales.
How much is a 2 bedrooms at Mercedes-Benz Places | Binghatti?
Median sale price AED 9,100,000 for a median 236 m², across 14 sales over the last 12 months.
How many sales have been registered at Mercedes-Benz Places | Binghatti?
120 residential sales registered with the DLD between May 2024 and October 2026, 100% of them off-plan.
Where is Mercedes-Benz Places | Binghatti?
In Downtown Dubai (DLD area Burj Khalifa), Dubai; nearest metro station per the DLD: Buj Khalifa Dubai Mall Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.