Mercedes-Benz Places | Binghatti

Off-Plan

Started

2 years 1 month ago15-12-2023

Handover

In 11 months31-12-2026

Status

26% BuiltIn Progress

Project Description

3B+G+5P+HC+3 Amenities + 3 MECH +3 MECH (NON ACCESSIBLE) + 51 Residential Floors+3 Services +Roof

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline

Falling

-22%

Decline

Current:AED 4,337/sqft

Last 12M:AED 5,532/sqft

Momentum: Last 12Mvs Prior Year

Stable

Growth

Last 12M:AED 5,532/sqft

Prior Year:AED 5,514/sqft

Community Compare: Last 90DDownTown Dubai

Premium

+54%

Above Avg

Project:AED 4,337/sqft

Community:AED 2,824/sqft

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 2 Bed FlatFloors 1-50	Inventory 86units 7 layouts · Typically 1 parking 29-240 sqm balcony	Size Range 1,097-4,390sqft	Price Range AED 2.3M - AED 18.1M	Avg PSF 4,888	Sales 68	Trend —

Asset Class 3 Bed FlatFloors 21-48	Inventory 65units 26 layouts · Typically 1 parking 51-93 sqm balcony	Size Range 2,618-3,448sqft	Price Range AED 14.8M - AED 26.4M	Avg PSF 6,293	Sales 28	Trend —

Asset Class 4 Bed FlatFloors 40-51	Inventory 11units 9 layouts · Typically 1 parking 92-196 sqm balcony	Size Range 3,568-5,602sqft	Price Range AED 29.0M - AED 50.0M	Avg PSF 8,778	Sales 6	Trend —

Asset Class Land	Inventory 0units	Size Range 43,010-43,010sqft	Price Range —	Avg PSF 3,124	Sales 0	Trend —

Asset Class ShopPodium	Inventory 1units Typically 1 parking	Size Range 3,527-3,527sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Grouped into 5 asset classes covering 163 units