Binghatti · Downtown Dubai · Branded residences · Burj outlooks
Mercedes-Benz Places by Binghatti, Downtown Dubai: prices, payment plan and handover
Mercedes-Benz Places | Binghatti is the Downtown branded-residence tower — a landmark collaboration on Al Asayel Street with residences oriented toward Burj Khalifa and the canal. It is distinct from Mercedes-Benz Places | Binghatti City, the Meydan masterplan. Live inventory covers 35 two-, three- and four-bedroom residences. Prices start from AED 11,499,999. The 70/30 plan runs 20% on booking, 50% during construction and 30% on handover in Q4 2026. EOI is AED 50,000. Ovation Capital Properties presents live availability and books your unit.
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Quick facts
| Developer | Binghatti |
| Location | Downtown Dubai — Al Asayel Street; ~4 min into Downtown core, ~10 min to Burj Khalifa |
| Salient feature | Mercedes-Benz branded residences with Burj Khalifa / canal outlooks (Downtown tower — not Binghatti City) |
| Homes | 35 available units — 9× 2BR, 25× 3BR, 1× 4BR |
| Starting price | From AED 11,499,999 (to AED 35,799,999) |
| Payment plan | 70/30 (20% booking / 50% construction / 30% handover) |
| Completion | Handover Q4 2026 |
| EOI | AED 50,000 |
Unit types
| Unit | Size | Price |
|---|---|---|
| 2 bedroom | ~1,836 sq ft | From AED 11,499,999 |
| 3 bedroom | ~2,619–2,709 sq ft | From AED 19,999,999 |
| 4 bedroom | ~3,662 sq ft | AED 35,799,999 |
Payment plan
70/30 — 20% on booking, 50% during construction, 30% on handover. Handover expected Q4 2026.
| 20% | On booking |
| 50% | During construction |
| 30% | On handover (Q4 2026) |
Ovation sends the schedule for your chosen unit before you reserve.
EOI
Expression of Interest is AED 50,000. The SPA booking stage is 20% of the unit price. Ovation presents the EOI and booking path for your shortlisted unit before you reserve.
Location
Mercedes-Benz Places | Binghatti sits in Downtown Dubai on Al Asayel Street — the branded Downtown tower, not the Meydan Binghatti City masterplan. Outlooks face Burj Khalifa, the Burj Khalifa District and the water canal. It is a short drive to Dubai Mall and DIFC. Ask Ovation for directions from your preferred reference point.
Approximate drive times
| Destination | Drive time |
|---|---|
| Downtown Dubai core | ~4 min |
| Dubai Mall / DIFC | ~7 min |
| Burj Khalifa | ~10 min |
| Emirates Towers | ~11 min |
| Jumeirah Public Beach | ~15 min |
Amenities
- Sky infinity pool
- Podium pool, with private pools in select residences
- Gym and spa with steam and sauna
- Concierge, valet and in-house F&B
- Smart-home and acoustic systems
- EV charging with solar lamella façade
- Private cinema
- Automotive gallery and retail promenade
- Sound-proofed zen gardens
How to book
- Get the free Investor Playbook, or request a callback and tell us the unit type and budget you have in mind.
- Ovation presents availability and price for your shortlist.
- Reserve with EOI of AED 50,000, then the 20% SPA booking stage for that line.
- Sign the Sale and Purchase Agreement (SPA) and follow its payment schedule through to Q4 2026 handover.
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FAQ
What is Mercedes-Benz Places by Binghatti?
Mercedes-Benz Places | Binghatti is the Downtown branded-residence tower by Binghatti on Al Asayel Street — distinct from Mercedes-Benz Places | Binghatti City in Meydan. Live inventory covers 35 units — nine two-bedrooms, twenty-five three-bedrooms and one four-bedroom — with Burj Khalifa and canal outlooks. Prices start from AED 11,499,999 on a 70/30 plan (20% booking / 50% construction / 30% handover), with handover in Q4 2026. EOI is AED 50,000. Ovation Capital Properties presents the project and books your unit.
Is this the same as Mercedes-Benz Places | Binghatti City?
No. This page is the Downtown tower on Al Asayel Street. Mercedes-Benz Places | Binghatti City is the separate 12-tower masterplan in Meydan / Nad Al Sheba (including towers such as Project Maybach). Ovation places you into the product that matches your brief.
Who is the developer?
Binghatti. Ovation Capital Properties LLC is the licensed brokerage presenting Mercedes-Benz Places to buyers. The tower sits in Downtown Dubai. Ovation walks you through availability, price and the booking steps.
How much does Mercedes-Benz Places cost?
From AED 11,499,999 for live two-bedroom units, with three-bedrooms from AED 19,999,999 and the four-bedroom at AED 35,799,999. The payment plan is 70/30 — 20% on booking, 50% during construction and 30% on handover. EOI is AED 50,000. Ovation presents the figure for your shortlisted unit before you reserve.
What is the payment plan?
70/30: 20% booking, 50% during construction, 30% on handover. Ovation sends the schedule for your chosen unit before you reserve, then you follow it through to Q4 2026 handover.
When is completion / handover?
Handover is Q4 2026. Title registration follows Dubai Land Department process after handover. Ovation tracks the programme against your booking.
Which unit types are available?
35 available residences: nine 2BR Type 1 (~1,836 sq ft, from AED 11,499,999), twenty-five 3BR Type 1 (from ~2,619 sq ft, from AED 19,999,999), and one 4BR (~3,662 sq ft at AED 35,799,999). Ovation presents the live mix for your budget and preferred view before you reserve.
Where is Mercedes-Benz Places?
The Downtown tower sits on Al Asayel Street. Approximate drive times: Downtown core ~4 min, Dubai Mall / DIFC ~7 min, Burj Khalifa ~10 min, Emirates Towers ~11 min, Jumeirah Public Beach ~15 min. Ask Ovation for directions from your preferred reference point.
What amenities does Mercedes-Benz Places have?
Mercedes-Benz Places offers a sky infinity pool, a podium pool with private pools in select residences, gym and spa with steam and sauna, concierge, valet and in-house F&B, smart-home and acoustic systems, EV charging powered by a solar lamella façade, a private cinema, an automotive gallery with retail promenade, and sound-proofed zen gardens. Ovation walks you through which features come with your shortlisted residence.
How much is the EOI?
EOI is AED 50,000. The SPA booking stage is 20% of the unit price. Ovation presents the Expression of Interest and booking path for your preferred unit type before you reserve, then guides the SPA.
How do I book a unit?
Get the free Investor Playbook on ovation.ae, or request a callback / WhatsApp Ovation Capital Properties. Share the unit type and budget. Ovation presents availability and price for your shortlist, you reserve with EOI of AED 50,000 then the 20% booking stage, then you sign the SPA and follow its schedule through to Q4 2026 handover.
Ovation Capital Properties LLC
Office 213, Sol Bay, Business Bay, Dubai, PO Box 46231
+971 50 781 9433 · info@ovation.ae
This is not an offer. Sizes and prices on request. Figures are indicative and subject to availability, change and the SPA. Scan the QR for the DLD Trakheesi listing.