Downtown Dubai · DLD district Burj Khalifa BinghattiDLD project 2545
Downtown Dubai and the Burj Khalifa seen from the air. Area photo, not this projectPhoto: Tim Reckmann from Hamm, Deutschland, Wikimedia Commons, CC BY 2.0, resized and cropped
A drawing, not this building: 65.25% built at DLD’s inspection on 28 Apr 2026
The short answer
Mercedes-Benz Places | Binghatti is active on the DLD register, completion date 31 Dec 2026. It was 65.25% built at DLD’s inspection on 28 Apr 2026. Its 16 home sales over Oct 2025–Sep 2026 registered at a median AED 10.0m, AED 4,361 per sq ft.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
31 Dec 2026
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
65.3%
DLD inspection, 28 Apr 2026
Median 2 BRSourceDLD registered salesWindowOct 2025–Sep 2026Based on14 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 9.6m
AED 4,020/sq ft · 14 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on16 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 10.0m
16 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on33 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
33
−20% on Oct 2024–Sep 2025
Registered prices of 2-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 14 home sales; median size 2,535 sq ft.
The DLD project register
Active
Completion date on the DLD register: 31 Dec 2026
65.25% built at DLD’s inspection on 28 Apr 2026.
Started15 Dec 202365.3% builtinspection 28 Apr 2026Completion31 Dec 2026
Built, at DLD’s latest inspection65.25%
DLD project number
2545
Status
Active
Completion date
31 Dec 2026
Start date
15 Dec 2023
Registered
15 Dec 2023
Developer
Binghatti Developers Fze · DLD developer 1051
Escrow account bank
Sharjah Islamic Bank
Units
163
Buildings
1: Mercedes-Benz Places/Binghatti
Inspection history: 5 inspections on the register
Inspection date
Built
28 Apr 2026
65.25%
14 Oct 2025
48.49%
23 Jan 2025
26.13%
4 Jan 2023
0%
4 Jan 2023
0%
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. Binghatti can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-2545-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026
Size
Sales
Median price
Median AED /sq ft
Median size, sq ft
2 BR
14
AED 9.6m
4,020
2,535
3 BR
2 · fewer than 5
—
—
—
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contract
Enter the size and the asking price to compare them with registered sales.
Launch: first 90 days of registered sales of off-plan homes, 3 May 2024 to 31 Jul 2024. Latest: every home sale of that size, Jul–Sep 2026. Shown only where both have at least 5 sales.
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Downtown Dubai, Oct 2025–Sep 2026.
Mercedes-Benz Places | Binghatti in Binghatti’s ads
7 of Binghatti’s 66 running ads name Mercedes-Benz Places | Binghatti, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
Invest from Saudi Arabia in one of Meydan’s most prestigious developments in Dubai. Own at VISION ICONIC, the most luxurious tower at Mercedes-Benz Places | Binghatti City.
An investment that combines a global name, a strategic location, and world-class design.
Available from 1 to 5 bedrooms, starting from SAR 2,295,000.
Register your interest now or call +966 11 250 9550 for more information.
A grand show marked the unveiling of Vision Iconic Tower, bringing together captivating live entertainment, striking visual displays, and unforgettable moments throughout the evening.
The night celebrated the latest chapter of Mercedes-Benz Places | Binghatti City, bringing the shared vision of Binghatti and Mercedes-Benz to the stage in Dubai.
Binghatti بن غاطي (@binghatti) • Instagram photos and videos
An extraordinary evening celebrated Vision Iconic Tower through captivating performances, striking visuals, and architectural innovation. Highlighted by Chairman Muhammad Binghatti, the project reflects the shared vision of Binghatti and Mercedes-Benz, where precision, materiality, and technology converge to redefine contemporary living at Mercedes-Benz Places | Binghatti City in Dubai.
A strong investment in Dubai with exceptional advantages. Own from anywhere in the world at VISION ICONIC, the most luxurious tower at Mercedes-Benz Places | Binghatti City.
Strategically located in the heart of Meydan, close to Downtown Dubai and Burj Khalifa, supporting the long-term value of your investment.
100% freehold ownership, 0% property tax, and Golden Visa eligibility.
Available from 1 to 5 bedrooms, starting from GBP 464,000 with easy payment plans.
Register your interest now or call 0207 222 2222 for more information.
Dubai’de Mercedes-Benz imzalı bir yaşam sizi bekliyor.
Mercedes-Benz Places | Binghatti City’de stüdyolar 294.000 €’dan başlayan fiyatlarla ve özel ödeme planlarıyla.
Meydan’da, Downtown Dubai’ye sadece 8 dakika mesafede; 30’dan fazla ayrıcalıklı olanak ve ÜCRETSİZ Golden Visa veya Yatırımcı Vizesi fırsatıyla.
Hemen ilginizi kaydedin.
A vision shaped by tradition, yet unmistakably modern. Vision Iconic rises at the heart of Mercedes-Benz Places | Binghatti City, where timeless design meets a new expression of architectural presence. Defined by purity, precision, and the unmistakable character of Mercedes-Benz, a tower with a class of its own takes shape.
#Binghatti
#MercedesBenz
#VISIONICONIC
Dubai’de yatırımınıza dünyaca ünlü bir marka imzası katın.
Mercedes-Benz Places | Binghatti City’de 12 fütüristik kule, ayrıcalıklı yaşam olanakları ve güçlü bir Meydan lokasyonu sizi bekliyor.
Stüdyolar 294.000 €’dan başlayan fiyatlarla. Üstelik ÜCRETSİZ Golden Visa veya Yatırımcı Vizesi fırsatı!
Hemen ilginizi kaydedin.
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
2 bedroom
19%Studio
33%1
34%2
11%3
2%4
0%5+
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
4,830 sales2025+100%on 2019
Full years only, registered sales of every type. 1,748 sales in 2026 to 5 Oct.
Off-plan share
33% of the 3,190 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summary
Sales by year and by month
Year
Sales
Off-plan
Ready
Value
Median home price
Median AED /sq ft
2022
1
0
1
AED 124m
—
—
2024
65
65
0
AED 937m
AED 9.0m
3,945
2025
36
36
0
AED 544m
AED 9.6m
4,438
2026 to 5 Oct
18
18
0
AED 367m
AED 10.2m
4,627
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
119sales registered, Aug 2022 to Sep 2026
Every registered sale, all property types.
Other projects in Downtown Dubai
3,190 sales were registered in Downtown Dubai over Oct 2025–Sep 2026, with homes at a median AED 2,572 per sq ft over Jul–Sep 2026.
Mercedes-Benz Places | Binghatti is a Binghatti project in Downtown Dubai, Dubai, registered with the Dubai Land Department as project 2545 by Binghatti Developers Fze. The register lists it as active, with a completion date of 31 Dec 2026, 65.25% built at DLD’s inspection on 28 Apr 2026.
120 sales have been registered since Jan 2019, the first on 16 Aug 2022, 33 of them over Oct 2025–Sep 2026. Over those twelve months its 16 home sales registered at a median AED 10.0m. The sales include 1 land plot, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 60th of the 77 projects with a registered sale in Downtown Dubai, and 73rd of Binghatti’s 79.
Questions about Mercedes-Benz Places | Binghatti
When will Mercedes-Benz Places | Binghatti be finished?
The DLD register lists a completion date of 31 Dec 2026. It was 65.25% built at DLD’s inspection on 28 Apr 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is Mercedes-Benz Places | Binghatti finished?
No. The DLD register lists it as active, 65.25% built at the inspection on 28 Apr 2026.
What do homes in Mercedes-Benz Places | Binghatti sell for?
2 BR: a median AED 9.6m, AED 4,020 per sq ft, from 14 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Mercedes-Benz Places | Binghatti had?
120 sales registered with the Dubai Land Department since Jan 2019, 33 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
Who is the developer of Mercedes-Benz Places | Binghatti?
The DLD register lists Binghatti Developers Fze, DLD developer number 1051, which we group under Binghatti.
Where is Mercedes-Benz Places | Binghatti?
In Downtown Dubai, Dubai. The Dubai Land Department registers its sales under the district Burj Khalifa. Homes there registered at a median AED 2,572 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Mercedes-Benz Places | Binghatti?
The DLD project register lists an escrow account with Sharjah Islamic Bank for Mercedes-Benz Places | Binghatti.
Cite this page
Mercedes-Benz Places | Binghatti, Downtown Dubai. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/mercedes-benz-places-binghatti