Mercedes-Benz Places
Binghatti City
The world’s first residential city developed under the Mercedes-Benz brand — a twelve-tower masterplan in Nad Al Sheba 1, Meydan, with studios from AED 1.6 million on a 40/60 payment plan and handover scheduled for Q2 2028.
Announced by Binghatti as a AED 30 billion development, Binghatti City is the developer’s first fully master-planned community. Where its earlier branded projects were single landmark towers, this is an entire district — roughly 13,386 homes, a central park, and twelve towers each named after a Mercedes-Benz concept car.
Project at a glance
| Developer | Binghatti Developers, in collaboration with Mercedes-Benz |
| Location | Nad Al Sheba 1, Meydan — Mohammed Bin Rashid City, Dubai |
| Development value | AED 30 billion |
| Towers | 12, plus a signature landmark tower |
| Total homes | Approximately 13,386 |
| Unit types | Studio · 1 · 2 · 3 bedroom — with limited 4 and 5 bedroom residences |
| Starting price | AED 1,600,000 |
| Payment plan | 40 / 60 — 40% during construction, 60% on handover |
| Handover | Q2 2028 |
Pricing and unit mix
| Unit type | Units in masterplan | From |
|---|---|---|
| Studio | 6,321 | AED 1.6M |
| 1 bedroom | 4,963 | AED 2.6M |
| 2 bedroom | 1,653 | AED 3.0M |
| 3 bedroom | 431 | AED 5.0M |
| 4–5 bedroom | 18 | On request |
Prices are launch-stage starting figures and vary by tower, floor and view. Availability at any given price point changes continuously — contact us for live inventory.
The 40/60 payment plan
Pro8 clients on this project pay 40 per cent across the construction period and the remaining 60 per cent on handover in Q2 2028.
In practice this means a studio at AED 1.6 million requires roughly AED 640,000 in staged payments before completion, with AED 960,000 due at handover. For buyers intending to finance the balance, the handover-weighted structure leaves room to arrange a mortgage against a completed, valued asset rather than against a construction contract.
All payments are made into a project escrow account regulated under Dubai Law No. 8 of 2007. Developers cannot draw on escrow funds outside construction milestones verified by an appointed engineer, and RERA audits the account. Your purchase is registered on the Oqood interim register, and the standard 4 per cent DLD transfer fee applies.
The development
Twelve towers sit around a central park organised into twelve distinct experiences. Each tower carries the name of a Mercedes-Benz concept car; the first release comprises AMG Vision, Vision One Eleven, Vision AVTR, Vision Iconic and Vision Simplex.
Vision Iconic — Mercedes-Benz’s concept study drawing on the golden era of 1930s automotive design — had its Middle East debut at the project launch, which gives some indication of how closely the brand is involved beyond a licensing arrangement.
Residents’ amenities include:
Private pools · sky lounges · wellness and fitness centres · concierge and valet · landscaped leisure decks · jogging and cycling routes · water features · outdoor fitness · cafés and retail · parks and open green space
Design — Sensual Purity
The architecture follows Sensual Purity, the Mercedes-Benz design philosophy that reduces form to essential surfaces and lets proportion carry the expression rather than ornament. Applied to buildings, it produces sculpted vertical massing, long uninterrupted lines and a restrained material palette — a deliberate departure from Binghatti’s better-known interlocking-balcony signature.
Location — Nad Al Sheba 1, Meydan
Meydan sits inside Mohammed Bin Rashid City, the district Dubai has been building out between Downtown and Nad Al Sheba. It is one of the few remaining areas of that scale within a short drive of Downtown Dubai and Business Bay, and it is served by Al Khail Road and Sheikh Mohammed Bin Zayed Road.
The area is anchored by the Meydan Racecourse and the Meydan One masterplan. For investors, the relevant characteristic is supply timing: Meydan inventory delivering in 2028 arrives as the district’s infrastructure and retail matures, rather than into an empty plot.
About Binghatti
Founded in 2008 and led by chairman and chief executive Muhammad Binghatti, the developer has delivered roughly 25,000 units across 60-plus completed projects, with a portfolio value of around AED 40 billion and 59 or more developments currently active.
In 2025 Binghatti recorded AED 12.43 billion in revenue and sold over 17,000 units, making it Dubai’s top-selling off-plan developer that year. It was also the first developer worldwide to sign branded residential partnerships with Bugatti, Jacob & Co. and Mercedes-Benz — a track record worth weighing when assessing delivery risk on an off-plan purchase.
Binghatti has two separate Mercedes-Benz projects in Dubai, and they are frequently confused.
Mercedes-Benz Places | Binghatti City — this project — is in Meydan, comprises twelve towers, and starts from AED 1.6 million with Q2 2028 handover.
Mercedes-Benz Places in Downtown Dubai is a different development: a single 341-metre, 65-storey tower where two-bedroom residences start from approximately AED 8.9 million. If you are comparing prices you have seen elsewhere, check which of the two is being quoted.
Enquire
Pro8 Real Estate is a RERA-registered brokerage (ORN 61373) licensed by Dubai’s Department of Economy and Tourism under trade licence 1614504. We advise local and international buyers on off-plan acquisitions and can share current availability, floor plans and the full payment schedule for this project.
Request availability and floor plans
Damac XL Tower 2301, Marasi Drive, Business Bay, Dubai · info@pro8realestate.com · +971 50 842 8191
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Project details, prices and payment terms are provided by the developer and are subject to availability and developer confirmation. Figures on this page reflect launch-stage information current at the time of publication and do not constitute an offer or a guarantee of availability. Off-plan purchases carry construction and delivery risk. Buyers should verify project registration and escrow status through the Dubai Land Department before committing funds. Last reviewed: August 2026.