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Mercedes Benz Places by Binghatti

Downtown Dubai , Dubai

AED 8,800,000
≈ AED 8,800,000
Golden Visa Eligibility
Free Residency Visa
Construction Progress48%
Bedrooms
2
Size
1,814 sqft
Price/Sqft
AED 4,851

Description

Mercedes-Benz Places is a joint venture of Binghatti Developers and renowned luxury automobile Mercedes-Benz. Residents will be greeted by an aura of exclusivity and sophistication, reflected in every minutely crafted interior detail. The 65-storey tower will feature 150 apartments and penthouses consisting of 2 to 4 bedroom apartments and 5 bedroom penthouses.
These residences have been fashioned to suit the refined preferences of its inhabitants, complete with lavish finishes and high-end facilities. With its unmatched location, breathtaking architecture and opulent amenities, Mercedes-Benz Places is redefining the benchmark for luxury living in Downtown Dubai.

Amenities & Features

Parking Spaces
Gym or Health Club
Swimming Pool
Lawn or Garden
Maintenance Staff

Property Details

Property TypeApartment
ProjectMercedes Benz Places by Binghatti
CommunityDowntown Dubai
CompletionOff-Plan - Q4 2026
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 8,800,000
DLD Fee (4%)AED 352,000
Trustee FeeAED 4,200
Agency (2%)AED 176,000
Total InvestmentAED 9,332,200

Expected Annual Returns

Expected Annual RentAED 730,400
Service Charges (Est)-AED 27,210
Net Annual IncomeAED 703,190
Net Annual ROI7.5% (after expenses)
Payback Period13.3 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa1.1 km
Dubai Mall1 km
Dubai Airport (DXB)11.2 km
Mall of the Emirates11.1 km
Dubai Marina18.6 km