PropertyIndex

Mercedes Benz Places by Binghatti

Under Construction · Date not reported|163 units · 1 tower

Mercedes Benz Places by Binghatti is an under-construction development by BINGHATTI DEVELOPERS FZE in Downtown Dubai, comprising 163 registered units. 117 sales are registered with the Dubai Land Department, at a current PIX© price of AED 5,521 per sqft. At AED 5,521 per sqft, Mercedes Benz Places by Binghatti prices 81% above the Downtown Dubai median of AED 3,057 per sqft on registered sales.

PIX© price · 5.5% YoY
15.23MAED
Typical
5,521AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
117
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor unknown

Land, Mercedes Benz Places by Binghatti

Size
Record
May 2008 to Aug 2022
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 316 Aug 20224.1 yrs
Current owner
Mortgage
2Owner 21 May 200814.3 yrs
Mortgage
Owner 1 · UndisclosedAcquisition date and price not on record
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Land · Mercedes Benz Places by Binghatti
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Mercedes Benz Places by Binghatti

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
1,837 - 5,602 sqft
16315.23M5,5215.5%
Residential
2 Bed · Apartment
1,837 - 4,390 sqft
86
3 Bed · Apartment
2,618 - 3,428 sqft
65
4 Bed · Apartment
3,568 - 5,602 sqft
11-
Commercial
Shop
3,527 sqft
1---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide117 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
19 Aug 20262 BedMercedes Benz Places by Binghatti · Floor 201,8378,500,0004,627-StandardOff-Plan Sale
19 Aug 20262 BedMercedes Benz Places by Binghatti · Floor 111,8378,500,0004,627-StandardOff-Plan Sale
19 Aug 20262 BedMercedes Benz Places by Binghatti · Floor 72,53510,000,0003,945-Entry LevelOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about Mercedes Benz Places by Binghatti

Answered from Dubai Land Department registered transactions.

How much does a property in Mercedes Benz Places by Binghatti cost?

Property in Mercedes Benz Places by Binghatti sells at a current PIX© price of AED 5,521 per sqft, or about AED 15,234,561 for a typical unit, based on 117 sales registered with the Dubai Land Department.

When is Mercedes Benz Places by Binghatti handing over?

Mercedes Benz Places by Binghatti is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Mercedes Benz Places by Binghatti?

Mercedes Benz Places by Binghatti is developed by BINGHATTI DEVELOPERS FZE, the developer recorded against the project in the Dubai Land Department register.

How many units are in Mercedes Benz Places by Binghatti?

Mercedes Benz Places by Binghatti holds 163 registered units, per the Dubai Land Department unit register.

Have prices in Mercedes Benz Places by Binghatti gone up or down?

Price per sqft has fallen -5.5% over the last 12 months, to AED 5,521, across 117 registered sales.