Mercedes-Benz Places Binghatti Burj Khalifa Dubai Guide (2026)

  • From $3,076,923
Downtown Dubai, Dubai, UAE
  • BIMU3167
  • Property ID
  • Apartment, Penthouse
  • Property Type
  • 5
  • Bedrooms
  • 7
  • Bathrooms
  • 171 - 373
  • sq. m.
For Sale
Mercedes-Benz Places Binghatti Burj Khalifa Dubai Guide (2026)
Downtown Dubai, Dubai, UAE
  • From $3,076,923

Description

Mercedes-Benz Places Binghatti Burj Khalifa Dubai is a single residential tower in Downtown Dubai, which the developer’s project list files under the area label “Burj Khalifa” with a starting figure of AED 11,299,999. This guide to Mercedes-Benz Places Binghatti Burj Khalifa Dubai sets that card beside portals, brokers, press and a construction-tracking site, all as read on 15 November 2026. Prices, handover, storeys, unit totals and payment plans differ by source, so each figure is shown with its source and none is chosen over another.

Mercedes-Benz Places Binghatti Burj Khalifa Dubai tower at dusk, render

Overview of Mercedes-Benz Places Binghatti Burj Khalifa Dubai

The developer’s page for this project sits under “branded projects” on binghatti.com and is headed “Mercedes-Benz Places by Binghatti: branded residences in Downtown Dubai”. On 15 November 2026 it was a design and brand page rather than a sales sheet: it printed no price, no unit size, no status badge, no construction percentage, no handover date and no payment plan.

Mercedes-Benz Places tower lit at night, close render

What it does print is a four-step design story (a collaboration, concept inspiration, emotional design and intelligent design), a gallery of renders with named residences, and a line saying that a pattern integrates photovoltaic panels. The developer page is the primary source for everything in this guide that is called “printed by the developer”.

The numbers come from two other places. The developer’s own project list prints a card for the tower with the area label “Burj Khalifa”, the unit types “2 BR | 3 BR | 4 BR” and “Starting AED 11,299,999”. The project page itself says Downtown Dubai in its headline and offers “2, 3, and 4-bedroom apartments and penthouses” in its meta text, yet its gallery also names a 5-bedroom penthouse and a triplex penthouse.

Portals, brokers, press and a construction-tracking site supply the rest, and they disagree with each other.

On the brand partner, this guide uses the developer’s own wording and nothing more. The page title and headline call the project “Mercedes-Benz Places by Binghatti” and the gallery label reads “MERCEDES-BENZ PLACES | BINGHATTI”. A footer note on the page says that the Mercedes-Benz name and star are the intellectual property of Mercedes-Benz Group AG and are used by Binghatti Developers FZE under licence, and that Binghatti Developers FZE is responsible for the development, marketing, sales and operations of the building.

No other statement about the partner is made or repeated here.

One caution on names. A second project, Mercedes-Benz Places | Binghatti City, is a multi-tower community in Nad Al Sheba, Meydan, with its own developer page, unit totals and prices. It has a separate guide: Mercedes-Benz Places Binghatti City Dubai. None of the figures below belong to it.

Mercedes-Benz Places Binghatti Burj Khalifa Dubai What is printed, and by whom
Developer Binghatti Developers FZE, per the footer note on the developer page (15 Nov 2026)
Location Downtown Dubai in the page headline; area label “Burj Khalifa” on the project-list card (15 Nov 2026)
Building One tower; 341 m high per press and portals; 65, 66 or 71 storeys depending on the source (section 2)
Unit types printed by the developer 2 BR, 3 BR and 4 BR on the list card; gallery also names a 5-bedroom penthouse and a triplex penthouse
Price printed by the developer “Starting AED 11,299,999” on the list card, about USD 3,076,923 at the pegged rate of 3.6725 (unit type not stated)
Handover printed by the developer None on the project page; portals and press print dates from Q4 2026 to 28 February 2027 (section 4)
Status Under construction per portals and a construction-tracking site; no status badge on the developer page
Payment plan printed by the developer None; portals print 10/20/70, 70/30 or no plan (section 6)
Tenure Freehold per Property Finder, Fidu and Omnia; not printed on the developer page
Registry details DLD project 2545 and plot 319 per tohidfetrat.com; not printed on the developer page

What each source prints: status, floors, residences, tenure and registry details

Every figure in the table below comes from a page that was opened and read for this guide. Pages were read on 15 November 2026 unless a row gives another date, which is then the date printed on the article. Where sources differ, each figure is listed with its source and none is treated as the right one.

The count of storeys is the clearest example: the same tower is called a 65-storey, 66-storey and 71-storey building, and a reader who needs one number should take it from the contract drawings or the Dubai Land Department (DLD) project record, not from a listing.

Item Figure as printed Source and date
Height 341 m (1,118 ft) Designboom, 27 Jan 2024; Dezeen, 3 Jan 2024; Robb Report, Dec 2023 (1,118 ft)
Height (feet) 1,119 ft Property Finder and Propsearch, 15 Nov 2026
Storeys 65 Designboom, The National (26 Jan 2024), Dezeen, Robb Report, Dotwnews, Property Finder
Storeys 66 Fidu, 15 Nov 2026
Storeys 71, plus 3 basement levels Propsearch (updated 19 Oct 2026); Omnia (June 2026)
Residences 150 Designboom; Propsearch (“estimated 150”); tohidfetrat.com; Fidu; Omnia (“about 150”)
Residences 150 plus five penthouses The National, 26 Jan 2024; Dotwnews
Residences 225 apartments Dezeen, 3 Jan 2024
Units escrowed 163 tohidfetrat.com (teaser for its escrow guide)
Bedrooms 2, 3 and 4 (card); a 5-bedroom penthouse and a triplex penthouse named in the gallery Developer list card and project page, 15 Nov 2026
Bedrooms 2 to 6 Fidu
Bedrooms 2 to 5; “no studios or one-bedrooms” Omnia
Homes per floor Maximum four Omnia
Levels by type 2 and 3 BR on levels 12 to 52; penthouses from level 55 Fidu
Construction status Under construction; 65.25% at 28 Apr 2026 tohidfetrat.com, quoting DLD/RERA inspection records
Construction status Under development; “still under construction and not yet handed over” in late June 2026 Propsearch; Omnia
Sales status Off-plan; booking started 15 Dec 2023; 48 resale properties listed Property Finder
Tenure Freehold Property Finder; Fidu (“150 freehold units”); Omnia
DLD project and plot Project 2545, registered 15 Dec 2023; plot 319 tohidfetrat.com, citing DLD records
Escrow bank Sharjah Islamic Bank tohidfetrat.com
Project value (developer estimate to DLD) AED 710,225,000 Propsearch, citing the Land Department; marked as an estimate submitted before construction
Total built area 40,341.18 sq m tohidfetrat.com, citing the DLD record for project 2545

Three observations follow from the table. First, the developer page prints none of these items, so each figure here is a third-party statement. Second, the figures that recur, 65 storeys and 150 residences, match the launch-day press coverage of January 2024, so agreement between a portal and a press article does not prove a registry record. Third, the units figure has four different readings (150, 155, 225 and 163), and only one of them, 163, is tied to an escrow record.

A buyer should ask the seller for the number of units in the project registration rather than choose among them.

The same sources name companies that worked on the building. Propsearch lists Silver Stone Engineering Consultants as architect of record, Granada Europe Engineering Contracting Company as main contractor and International Foundation Group for the foundation. These are statements by the sources named; the developer page prints none of them.

Status and prices today: the developer card against portals and brokers

The developer prints one price: “Starting AED 11,299,999” on its project list, read on 15 November 2026. It does not say which unit type the figure belongs to, but the card lists 2 BR, 3 BR and 4 BR, and the two sources that name a type for the starting figure, ezre.ae and Omnia, put it in the two-bedroom type. At the pegged rate of 3.6725 dirhams per US dollar the card figure is about USD 3,076,923.

Aerial night render of Mercedes-Benz Places among Downtown Dubai towers

All dollar amounts in this guide are that arithmetic, not a quoted price, and no price per square foot is given because the developer prints none.

Source Starting figure, AED USD at 3.6725 Wording and note
Developer project list, 15 Nov 2026 11,299,999 3,076,923 “Starting AED”; area “Burj Khalifa”; 2 BR, 3 BR, 4 BR
ezre.ae, 15 Nov 2026 10,299,999 2,804,629 “Starting from AED 10.30M”, presented as published by Binghatti; a broker page
Fidu, 15 Nov 2026 10,000,000 2,722,941 “Launch price” and “starting from”; a broker page
Property Finder, 15 Nov 2026 9,390,000 2,556,841 “Starting Price”; the header shows “Launch price 9.4M AED”
Propsearch, updated 19 Oct 2026; Omnia, June 2026 8,800,000 2,396,188 Launch-time price (“at the time of the sales launch”; “guide price from about”)

These five starting figures span AED 8,800,000 to AED 11,299,999, a gap of AED 2,499,999. The sources do not say whether the gap is a change over time, a different unit, or a different floor. The order in the table is not a ranking of reliability. The developer card is the only figure printed by the developer itself, but it is a list-card figure with no date of validity and no unit type.

Only one source gives prices per unit type. ezre.ae lists three, which it presents as published by Binghatti; the developer page does not print them, so they are shown here as a broker’s statement.

Unit type From, AED USD at 3.6725 Source
2 BR apartments 10,299,999 2,804,629 ezre.ae
3 BR apartments 20,199,999 5,500,340 ezre.ae
4 BR apartments 35,799,999 9,748,128 ezre.ae

Property Finder also prints a “sold history” with three entries. They are records of individual units of different sizes and are not offers, and this guide draws no conclusion from them about price movement. The same page states that 48 resale properties were listed in the project on 15 November 2026.

Type Price, AED USD at 3.6725 Area printed Date printed
2-bedroom apartment 12,159,999 3,311,096 2,535 sq ft 9 Jul 2026
3-bedroom apartment 21,300,000 5,799,864 3,428 sq ft 8 Jul 2026
4-bedroom apartment 28,335,999 7,715,725 4,043 sq ft 22 Jan 2026

On availability, the sources give no single answer, and none is repeated here as a fact. The developer card says “Starting AED” with no statement about what is left. A January 2024 press headline used the words “sold out” about the days after launch, while its own text reports a share of the project sold, and a stock flag in Property Finder’s page data reads “might be sold out”. The same Property Finder page lists the project as off-plan with 48 resale listings.

Whether a particular unit is on sale from the developer, from an owner, or not at all is something only a unit-specific written offer can settle.

The construction record: three dated inspection readings and the dates around them

The developer page prints no construction percentage, so the only dated progress figures come from tohidfetrat.com, an advisor’s site that describes itself as independent of the developer and says it quotes DLD and RERA inspection records. It is not the Dubai Land Department, and a buyer who wants the official figure can use the project search on the DLD site, linked in section 8. On 15 November 2026 the page listed three readings and no later one, the last dated 28 April 2026.

Mercedes-Benz Places tower at blue hour, render
Inspection date Reading Change, points Days since previous reading What the source says
15 Dec 2023 Project registered and construction start – – tohidfetrat.com; Property Finder gives booking 15 Dec 2023 and construction 16 Dec 2023
23 Jan 2025 26.13% – – Enabling works and foundations reported complete
14 Oct 2025 48.49% +22.36 264 Substructure reported complete; superstructure progressing
28 Apr 2026 65.25% +16.76 196 Status “Main Contract – Progressing”; frame, envelope, MEP and interior finishes listed as progressing

The days and points in the table are simple subtraction of the printed dates and readings. Between 23 January 2025 and 14 October 2025 the reading rose by 22.36 points over 264 days, and between 14 October 2025 and 28 April 2026 by 16.76 points over 196 days. The source adds that its register records progress rather than dates, so a reading does not change a handover date by itself.

It also reports that the 2025 and 2026 reports list envelope, MEP, external works and internal finishes as progressing alongside the frame.

The handover dates printed by other sources can be set against that record with the same plain arithmetic. The table counts calendar days from the last reading, and from 15 November 2026, to each date or period. It is not a forecast, and it does not say which date applies.

Handover as printed Source Days after 28 Apr 2026 reading Days after 15 Nov 2026
Fourth quarter of 2026 The National (26 Jan 2024); ezre.ae; Fidu; Omnia (“targets”); tohidfetrat.com Starts 156 days after 28 Apr 2026; ends 247 days after Ends in 46 days
31 December 2026 tohidfetrat.com, as the DLD-registered completion date 247 days 46 days
December 2026 Propsearch (updated 19 Oct 2026) Ends 247 days after Ends in 46 days
28 February 2027 / Q1 2027 Property Finder, 15 Nov 2026 306 days 105 days
“2026” (estimate at launch) Dezeen, 3 Jan 2024; Designboom, 27 Jan 2024 Year ends 247 days after Year ends in 46 days
No date Developer page, 15 Nov 2026; Robb Report and Dotwnews at announcement – –

Two points of reading matter here. The handover that the contract states is the date that binds the parties, so the buyer’s first task is to see which date, if any, the sale and purchase agreement (SPA) prints and what event it defines as handover. Second, “Q4 2026” is a period of three months, not a day, while 31 December 2026 and 28 February 2027 are single dates.

A source that prints a quarter and a source that prints a date may be describing the same plan.

The status wording of other sources is consistent with a building still under construction. Omnia wrote in June 2026 that the tower was “still under construction and not yet handed over”, and Propsearch, updated on 19 October 2026, calls it under development.

For a buyer, the record suggests a short list of questions rather than a conclusion. Which inspection reading does the seller hold today? Does the payment schedule key its instalments to construction stages or to calendar dates? What is the written definition of completion in the SPA? Section 9 turns these into a list to put to the seller before signing.

Residence types, sizes and names as the sources print them

The developer page names four residences in its gallery and gives a bedroom count for each: the Mercedes-Benz Pagoda Suite (2-bedroom suite), the Mercedes-Benz Vision One-Eleven Penthouse (4-bedroom penthouse), the Mercedes-Benz Gullwing Penthouse (5-bedroom penthouse) and the Mercedes-Benz Uhlenhaut Coupé Penthouse (triplex penthouse, bedroom count not printed). It prints no area for any of them. The list card gives only 2 BR, 3 BR and 4 BR. Sizes therefore come from portals and brokers, and they differ in both the ranges and the single figures.

Infinity pool terrace with Burj Khalifa view, render
Mercedes-Benz Places Binghatti Burj Khalifa Dubai: type Developer page and card Property Finder, sq ft Fidu, sq ft ezre.ae, sq ft Omnia, sq ft
2 BR “2-bedroom suite” (Pagoda Suite); no size 1,837-2,534 1,837-2,534 1,836 about 1,837
3 BR On card; no gallery name; no size 2,710-3,285 2,620-3,285 2,706 about 2,711
3 BR penthouse Not named 6,909 Not listed Not listed Not listed
4 BR “4-bedroom penthouse” (Vision One-Eleven) 3,007-4,010 3,662-4,007 (penthouse) 3,662 about 4,043
5 BR penthouse “5-bedroom penthouse” (Gullwing); no size 6,891 6,578-7,182 Not listed Listed; no size
5 BR duplex penthouse Not named Not listed 12,475 Not listed Duplex listed; no size
Triplex penthouse “triplex penthouse” (Uhlenhaut Coupé) Not listed 18,101 (6 BR) Not listed Triplex listed; no size

The sources agree on the broad shape: apartments of two and three bedrooms in the lower and middle levels and a penthouse collection above. Fidu puts the two- and three-bedroom suites on levels 12 to 52 and the penthouses from level 55 upward. Omnia gives four homes per floor as a maximum and says there are no studios or one-bedroom units. Propsearch’s statement that the building contains a mix of two- and three-bedroom apartments and penthouses is consistent with both.

Property Finder’s layout table adds a bathroom count per type, which no other source prints. The square-metre column below is arithmetic, converting each square-foot figure at 0.092903 square metres per square foot and rounding to one decimal place.

Type (Property Finder) Area printed, sq ft Area, m2 (arithmetic) Bathrooms printed
2 BR 1,837-2,534 170.7-235.4 4
3 BR 2,710-3,285 251.8-305.2 5
3 BR penthouse 6,909 641.9 5
4 BR 3,007-4,010 279.4-372.5 7
5 BR penthouse 6,891 640.2 7

Property Finder’s layout table also lists a 2 BR layout of 1,846 sq ft, which falls inside its own 1,837 to 2,534 range. Sellers describing a given unit should say whether the area is internal, gross or inclusive of balconies, since the sources do not.

Amenities are described differently by each source, and only the developer’s gallery labels are the developer’s own: spa, private bathroom, lobby and exterior views. Fidu lists a sky infinity pool, a private pool, a podium pool, a gym, a spa and a concierge service, and Omnia lists three basement levels with private parking, automated valet parking and EV charging. Launch coverage by Designboom of 27 January 2024 names restaurants, sports and wellness zones, lounges, retail, exhibition spaces and parking among the shared facilities.

The tag list on Property Finder includes “beach access”, “barbecue area” and “children’s play area”, which look like generic portal tags rather than project facts, so they are not repeated.

Payment plans by source and what each split means in dirhams

The developer page prints no payment plan. The sources that print one disagree, and one of them disagrees with itself. The table lists what each page says.

Spa pool and loungers with skyline view, render
Source Plan as printed Note
Developer page, 15 Nov 2026 No plan printed –
Property Finder, 15 Nov 2026 10% down payment at sales launch, 20% during construction, 70% on handover (“10/20/70”) Header also shows government fee 4%
ezre.ae, 15 Nov 2026 10% on booking, 20% during construction, 70% on handover; nothing after handover Page text calls it “30/70” and credits Binghatti
Fidu, 15 Nov 2026 Header says “70/30”; the schedule block on the same page shows 20% on booking date, 50% during construction, 30% on handover Two different splits on one page
Omnia, June 2026 Plan not published by the developer; some brokers quote 70/30, “not confirmed on the developer’s own channels” States no ratio as fact

To show what each structure means in dirhams, the next table applies the three printed splits to the developer’s card figure of AED 11,299,999, rounded to the nearest dirham. It is arithmetic on a “starting” figure that carries no unit type, not a schedule for any real unit, and it excludes registration fees.

Structure Instalments on AED 11,299,999, with USD at 3.6725
10/20/70 (Property Finder, ezre.ae) Booking 1,130,000 (USD 307,692); During construction 2,260,000 (USD 615,385); On handover 7,909,999 (USD 2,153,846)
20/50/30 (Fidu schedule block) Booking 2,260,000 (USD 615,385); During construction 5,650,000 (USD 1,538,462); On handover 3,390,000 (USD 923,077)
70/30 (Fidu header) Before handover 7,909,999 (USD 2,153,846); On handover 3,390,000 (USD 923,077)

The three structures place very different amounts before handover: 30% of the price in the first, 70% in the second and 70% in the third. The difference is large enough that a plan quoted by a portal is no substitute for the schedule attached to the SPA, with each instalment tied to a date or to a construction stage.

Dubai’s escrow rules connect the two. Answering a question about payment requests, the Dubai Land Department FAQ says that because payment schedules are based on completion rates, a buyer who receives a request has the right to learn the current completion percentage through a letter from the project consultant approved by the DLD, and that unless the stage in the agreed schedule is confirmed the buyer is not obliged to pay.

A schedule that is date-based rather than stage-based is a different arrangement and should be read as written. Section 8 gives the sources.

Location of Mercedes-Benz Places Binghatti Burj Khalifa Dubai: Downtown Dubai, plot 319 and the minutes printed

The developer prints two location labels that a reader should not mix up. The project-list card gives the area as “Burj Khalifa”, which is a landmark rather than a community, while the project page headline places the residences in Downtown Dubai. Property Finder files the building under Dubai, Downtown Dubai, and prints coordinates of 25.18854 north and 55.28005 east in its page data. tohidfetrat.com, citing the DLD record, gives plot 319. The developer page prints neither coordinates nor a plot number.

Living and dining area of the 2-bedroom Pagoda Suite, render

Downtown Dubai is a master community of the developer Emaar. Its own community page says Downtown Dubai spans two square kilometres between Sheikh Zayed Road and Financial Centre Road, and lists Burj Khalifa, Dubai Opera, the Dubai Fountain, The Dubai Mall and Burj Khalifa Lake among its landmarks. Those are Emaar’s statements about its community and are quoted here only as a map of the surroundings.

Launch coverage describes the tower as close to the Burj Khalifa (Dezeen, 3 January 2024) and near The Dubai Mall, the Museum of the Future and the Burj Khalifa (Robb Report, December 2023).

Travel times are where sources diverge most. Property Finder and Fidu print “minutes to” figures without a travel mode, Propsearch says its times are drive times calculated by Google Maps on the fastest route in typical traffic, and Omnia gives car times and calls the Burj Khalifa and The Dubai Mall adjacent. They cannot all describe the same trip, and the table sets them side by side without choosing.

Destination Property Finder Propsearch Fidu Omnia
The Dubai Mall – 10 min by car 3 min “adjacent”, a few minutes by car
Burj Khalifa 15 min – 10 min “adjacent”, a few minutes by car
DIFC 5 min – – 5 to 10 min by car
Dubai International Airport (DXB) 10 min 16 min by car – about 15 min by car
Al Maktoum International Airport – 41 min by car – –
Palm Jumeirah; Burj Al Arab; The Walk JBR – 22 min; 20 min; 26 min by car – –

Two lessons follow. A time stated for a landmark that is visible from the tower may be a walk, a short drive or a metro trip, so a buyer should not read “3 minutes” as walking time unless the source says so. And times by car depend on the hour, which is why Propsearch labels its own as typical traffic. The developer page prints no distances at all.

Tenure follows the area. The UAE government portal says that in Dubai foreign ownership is permitted in areas designated as freehold, that the plots designated as freehold are listed in Article 3 of Regulation No. 3 of 2006, and that foreigners who do not live in the UAE and expatriate residents may acquire freehold ownership rights without restriction, usufruct rights, or leasehold rights for up to 99 years. Property Finder, Fidu and Omnia all print freehold for this tower.

The buyer should have the SPA and, later, the title deed state the tenure, since the developer page does not.

Buying off-plan in Dubai: freehold, DLD fees, Oqood, escrow and residence

The rules in this section were read on the official pages named in each paragraph on 15 November 2026. They are stated as the pages print them, and they describe the process in general, not this unit. A buyer who needs certainty checks the current text on the DLD site, because registration steps and fees are revised by circulars.

Bedroom with floor-to-ceiling glazing and Burj Khalifa view, render

For a longer walk-through of the process, the off-plan buyers guide and the guide on whether foreigners can buy apartments in Dubai cover the ground, and the freehold and leasehold guide explains the two forms of title.

Registration of the sale: Oqood and the 90-day window

The DLD service “Request to register the initial sale” lets a developer register units sold off-plan, or land plots whose value has not been fully paid, in the provisional register. The page lists the steps: log in to the Oqood portal, choose the provisional sale registration service, select the property, attach the documents and send the application online. The purchaser receives the output by email.

The documents for an individual are a copy of the sale and purchase contract, a copy of a valid UAE ID, or a valid passport for non-residents.

The page also states that the sale and purchase contract is signed by the developer and the purchaser and that it must be registered in the provisional register within 90 days of the date of signing. Payment of the fees can be made through the Noqodi wallet or by deduction from the escrow account. A buyer can therefore ask for the Oqood registration confirmation after signing and keep it with the SPA.

Fees as the DLD prints them

Both DLD pages print the same percentages: 2% of the sale value for the seller and 2% for the purchaser, which together make 4% of the sale value, plus AED 10 for a knowledge fee and AED 10 for an innovation fee. Property Finder’s header also shows a government fee of 4%. Which party pays which share is a matter for the contract, so the SPA should state it.

On the developer’s card figure of AED 11,299,999, 2% is about AED 226,000, or about USD 61,538 at 3.6725. That is arithmetic for orientation only.

Fee item Amount as printed Where printed
Transfer fee, purchaser 2% of the sale value Initial-sale and sale-registration pages
Transfer fee, seller 2% of the sale value Initial-sale and sale-registration pages
Knowledge fee AED 10 Both pages
Innovation fee AED 10 Both pages
Developer self-registration fee for the provisional sale on Oqood AED 1,000 Initial-sale page
Title deed certificate issuance (completed unit, sale registration) AED 250 Sale-registration page
Villas and apartments (sale registration) AED 250 Sale-registration page
Registration service partner, sale value AED 500,000 or more AED 4,000 plus VAT Sale-registration page
Registration service partner, sale value below AED 500,000 AED 2,000 plus VAT Sale-registration page

The sale-registration page describes the route for a completed unit, which is the route for a resale; it also lists, among required documents, a no-objection certificate from the developer in freehold areas, obtained through the Dubai REST app. That matters for the 48 resale listings mentioned in section 3, because a resale in a freehold project involves the developer’s certificate as a document. Its processing time is printed as 20 minutes, which refers to the registration service and not to the whole transaction.

Escrow and the payment schedule

Law No. 8 of 2007 on real estate development escrow accounts is the rule that governs the money. The DLD FAQ explains that the project escrow account holds the amounts collected from buyers of units sold off the plan and the financing of the project, that it applies to all developers who sell off-plan in Dubai, and that payments from it are made against construction milestones verified by the account trustee’s engineer.

It adds that 5% of the amount paid into the account is retained for one year after completion as security against defects, and that only up to 5% of total sales can be paid from the account for marketing. A DLD circular of 8 January 2026 on compliance with Law No. 8 of 2007 is listed on the DLD rules and regulations page.

For this tower, tohidfetrat.com names Sharjah Islamic Bank as the escrow bank of project 2545. The developer page prints no escrow details. The buyer can check the project through the “More Projects” tool on the DLD site, which searches by project name, area and completion percentage, and should pay instalments only into the escrow account named in the SPA. The FAQ also states that buyers can follow completion percentages through the DLD website’s project tracking service or its app.

After handover: title deed and service charges

When the unit is complete, the title deed is the proof of ownership. The DLD offers a title deed verification service, in which a title deed number, year and property type are entered, and the UAE government portal says that title deeds in Dubai are issued by the Land Department. Service charges for jointly owned property are covered by the DLD service charge index, which calculates a figure from a title deed or a project and a budget year.

Omnia states that the service charge for this tower is not published by the developer, so the SPA or a written estimate should state it.

The pages read for this guide do not give a rule on annual property tax, so none is claimed here. The guide on property tax in Dubai and the mortgage guide for foreigners cover those topics separately.

Golden Visa: the stated threshold, not a claim for this unit

The DLD page “Golden Visa application – Investor” says that an owner of property whose purchase value is AED 2 million or more at the time of purchase may apply for a renewable residence permit of 10 years, that a spouse, children and parents can be sponsored, and that for a mortgaged property a bank letter showing AED 2 million paid is needed.

It says that the applicant must be inside the UAE, and prints a total fee of AED 9,884.75 for the 10-year permit and a completion time of 7 to 10 business days. The UAE government portal, updated on 28 July 2026, lists the real estate route with a residency duration of 5 years and a minimum capital of AED 2 million. The two official pages therefore print different durations (10 years and 5 years), and the authority should be asked which applies.

AED 2,000,000 equals roughly USD 544,588 at the 3.6725 peg. The developer card figure of AED 11,299,999 is above that amount, but no eligibility is claimed here for any unit: eligibility depends on the purchase value of the property that is registered, on the paid amount where there is a mortgage, and on the authority’s own check. The Dubai Golden Visa guide on this site explains the application route in more detail.

What to ask for in writing before reserving at Mercedes-Benz Places Binghatti Burj Khalifa Dubai

A written offer is the only document that turns a portal figure into a price and a date. The list below is the normal set of items for an off-plan reservation, adapted to the conflicts found above. It is not advice about any particular unit.

Triplex penthouse living area with spiral stair, render
  1. The SPA with the unit number, level and type. The number and level fix which of the sizes in section 5 applies, and the SPA should state the area and whether balconies are included.
  2. The handover date in the contract. The date or period, the event that counts as handover and what happens if the date is not met, since sources print Q4 2026, 31 December 2026, December 2026 and 28 February 2027.
  3. The payment schedule. Each instalment with its amount, its trigger (a date or a construction stage) and the percentage of the price, because the printed plans range from 10/20/70 to 70/30.
  4. The escrow account. The bank, the account name and the account number as registered for the project, so each transfer goes only there; tohidfetrat.com names Sharjah Islamic Bank, which the seller can confirm.
  5. The DLD project number and the Oqood registration. A source gives 2545; the seller should confirm it and give the Oqood confirmation within the 90-day registration window.
  6. The latest completion percentage. A letter from the project consultant, as the DLD FAQ describes, before each stage-linked payment.
  7. The service-charge estimate. The developer page prints none, and Omnia says it is not published.
  8. What the finish includes. Flooring, kitchen equipment, built-in wardrobes, smart-home items, parking spaces and any pool or private amenity, because sources list amenities that the developer page does not.
  9. The entity that signs. The developer page says Binghatti Developers FZE is responsible for development, marketing, sales and operations; the SPA should name the seller, and a buyer should read what the licence statement on the page covers.
  10. Who pays each fee. The DLD transfer fee is printed as 2% for each party, so the SPA should allocate the percentages, the knowledge and innovation fees and any administration charge.
  11. Whether the unit may be resold or assigned before handover, on what terms, and with which developer certificate.
  12. The residence route. If residence matters to the purchase, the buyer should ask the DLD or the issuing authority, in writing, how the AED 2,000,000 value is measured for the registered unit.

Two practical habits help. First, keep every portal page used in the decision as a dated copy, because listing pages change and some figures in this guide came from pages that were updated within the last month. Second, ask the seller to confirm in writing which of the conflicting figures in sections 2 to 6 applies to the unit being offered, rather than relying on a general statement.

Other Binghatti projects and nearby Dubai listings

Binghatti projects on this site that sit in or near the same part of Dubai are listed first. The status and handover columns repeat what each guide prints and are not endorsements or comparisons. The sibling guides become available when they are published.

Tower lobby with reception and seating, render
Binghatti project Area Status as in the guide
Binghatti Skyblade Downtown Dubai Under construction; Q4 2027 per the developer FAQ
Burj Binghatti Jacob and Co Residences Business Bay Separate branded project; see its guide for dates
Bugatti Residences by Binghatti Business Bay Separate branded project; see its guide for dates
Mercedes-Benz Places Binghatti City Nad Al Sheba / Meydan Separate multi-tower project; not the tower in this guide
One by Binghatti Business Bay Under construction; Q4 2026 per its guide
Binghatti Skyhall Business Bay Under construction; Q3 2026 per its guide
Binghatti Skyrise Business Bay Under construction; Q4 2026 per its guide
Binghatti Aquarise Business Bay Under construction; Q1 2027 per its guide

Other developers’ listings in Downtown Dubai and the neighbouring Business Bay are given for context. Each guide below follows the same method: sources, dates and conflicts shown, and no choice between them. The Binghatti table above and this one are lists, not rankings.

Listing Area What its guide reports
DT1 Downtown Dubai Downtown Dubai, between Burj Khalifa Boulevard and Mohammed Bin Rashid Boulevard Ellington tower guide; handover began January 2021 per Ellington
Altitude de GRISOGONO Business Bay Off-plan; Q1 2028 per its guide
The Quayside by Ellington Business Bay Freehold apartments; handover scheduled Q1 2026 per Property Finder
Bayz by Danube Business Bay Completed September 2021 per the developer FAQ

For the wider view, the Dubai developer directory lists developer profiles, the Dubai city page and the UAE page list every Dubai guide, and the Dubai real estate market guide gives market background.

Binghatti (developer)

This section uses only what Binghatti’s own pages state, read on 15 November 2026. The About page says Dr. Hussain Binghatti founded the company in 2008 and named it after his late father, Ghatti Bin Ghaeb, and lists a leadership team of a Founder, a Chairman (Muhammad BinGhatti), a Vice-Chairman (Ahmed BinGhatti) and a Chief Executive Officer (Katralnada BinGhatti).

It names Bugatti, Mercedes-Benz and Jacob and Co as its branded partnerships, which is the developer’s wording about its own projects and not a statement about the partners.

The nine-month results release of 12 November 2026 describes Binghatti Holding Limited as a vertically integrated developer established in 2008, combining in-house design, development, construction and delivery. It gives a portfolio of more than 100 projects valued at more than AED 100 billion and nearly 60 completed developments, and says five projects were completed in 2026 so far (Binghatti Apex, Ghost, Ivory, Haven and Grove), with about 2,600 units handed over.

The investor relations page prints different wording for the delivered count, “over 50 delivered developments”, so the two company pages are shown as printed and not reconciled.

The tower in this guide is developed, marketed, sold and operated by Binghatti Developers FZE according to the footer of its project page. Whether a buyer’s contract is with that entity or another group company is a question for the SPA. Omnia states that Binghatti Developers is registered with the DLD as Developer No. 1051, a figure a buyer can check in the DLD register.

Frequently asked questions

Where is Mercedes-Benz Places Binghatti Burj Khalifa Dubai?

The developer’s project page places the residences in Downtown Dubai, while the project-list card gives the area as “Burj Khalifa”. Property Finder files it under Downtown Dubai with coordinates of 25.18854 north and 55.28005 east, and tohidfetrat.com gives plot 319 from the DLD record. The developer page prints no coordinates, plot number or distances. The buyer should have the SPA name the plot and the community.

How much does a home in Mercedes-Benz Places Binghatti Burj Khalifa Dubai cost?

The developer’s project list prints “Starting AED 11,299,999”, about USD 3,076,923 at 3.6725, without a unit type. Other pages print starting figures from AED 8,800,000 to AED 10,299,999, and ezre.ae lists AED 10,299,999, AED 20,199,999 and AED 35,799,999 for two, three and four bedrooms. A written offer for a named unit, with the unit number and the date of the offer, is the only price that counts.

When will Mercedes-Benz Places Binghatti Burj Khalifa Dubai be handed over?

The developer page prints no handover date. Press and brokers print Q4 2026, tohidfetrat.com gives 31 December 2026 as the DLD-registered completion date, Propsearch says December 2026, and Property Finder prints 28 February 2027. The last reading of 65.25% was on 28 April 2026. Only the SPA binds the parties on timing, so the date and the definition of handover should be read there.

How many floors and homes does the tower have?

Sources give 65, 66 and 71 storeys, the last with three basement levels. Residences are given as 150, 150 plus five penthouses, 225 and, in an escrow teaser, 163. The developer page prints neither. A buyer can ask the seller for the unit total in the project registration, the number of levels in the approved drawings, and the level of the unit being offered.

What payment plan is printed?

The developer page prints none. Property Finder and ezre.ae print 10% on booking, 20% during construction and 70% on handover. Fidu prints “70/30” in its header and a 20/50/30 schedule lower on the page, and Omnia says the developer has not published a plan. The schedule attached to the SPA decides, including the amount of each instalment and whether instalments follow dates or construction stages.

Can a foreigner buy here?

The UAE government portal says that in Dubai foreign ownership is permitted in areas designated as freehold, and that non-resident foreigners and expatriate residents may acquire freehold ownership. Property Finder, Fidu and Omnia list the tower as freehold. The buyer should have the SPA and, later, the title deed state the tenure, and may confirm the area designation with the DLD or the government portal.

What fees apply when the sale is registered?

The DLD pages print 2% of the sale value for the seller and 2% for the purchaser, plus AED 10 for a knowledge fee and AED 10 for an innovation fee. On AED 11,299,999, 2% is about AED 226,000. Who pays which share is set in the contract, and a developer registration fee on Oqood is printed separately as AED 1,000, so the buyer should ask for a written list of all charges.

What does the escrow account do, and how is it checked?

Under Law No. 8 of 2007, amounts paid by buyers of off-plan units are deposited in the project’s escrow account, and payments from it follow construction milestones checked by the account trustee. tohidfetrat.com names Sharjah Islamic Bank for project 2545. The buyer can search the project on the DLD “More Projects” page and should pay only to the account named in the SPA.

Does a home in Mercedes-Benz Places Binghatti Burj Khalifa Dubai qualify for the Golden Visa?

No eligibility is claimed here. The DLD page says an owner of property bought for AED 2 million or more may apply for a 10-year renewable residence permit, with a bank letter for mortgaged property, while the UAE government portal lists 5 years for the real estate route. Eligibility depends on the registered purchase value and the authority’s check, so it should be confirmed with them.

Is Mercedes-Benz Places Binghatti Burj Khalifa Dubai the same project as Mercedes-Benz Places Binghatti City?

No. Mercedes-Benz Places | Binghatti City is a separate multi-tower project in Nad Al Sheba, Meydan, with its own developer page and figures. This guide covers only the single tower described on the developer page headed “Mercedes-Benz Places by Binghatti: branded residences in Downtown Dubai”. A buyer comparing the two should check that every figure, brochure and contract refers to the project actually being offered.

Sources and last check

Last checked: 15 November 2026. Sources:

This is not legal, tax or financial advice.

  • City Dubai
  • Country UAE

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Zhamal Abdykozhoeva
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Zhamal Abdykozhoeva
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