Overview
- Updated On:
- December 8, 2023
Description
Binghatti Mercedes Benz Places Downtown
Installment plan: 20% on booking, 50% during construction and 30% upon handover
Delivery date: Q4 2026
Mercedes-Benz Places by Binghatti, a pioneering real estate collaboration with Mercedes-Benz, is poised to redefine luxury living in Downtown Dubai. This architectural marvel, soaring 341 metres high with 65 storeys, is designed under the Mercedes-Benz philosophy of Sensual Purity, offering an oasis of serenity and elegance. Its prime location ensures unobstructed views of the iconic Burj Khalifa and proximity to eminent landmarks like the Dubai Mall.
The project offers a range of luxurious apartments, including 2-bedroom units starting from 8 800 000 AED (2 396 300 $), 3-bedroom units from 9 900 000 AED (2 695 900 $), 4-bedroom units from 35 300 000 AED (9 612 500 $), and opulent penthouses from 79 000 000 AED (21 512 400 $). Each unit boasts private pools and breathtaking views of the Burj Khalifa, with a maximum of four units per floor, ensuring exclusivity and privacy. The anticipated handover is in Q4 2026, with a 70/30 payment plan.
Investing in Downtown Dubai is a lucrative opportunity, with an ROI of 9%. The area is a hub of luxury and convenience, offering world-class amenities such as the Dubai Mall, Dubai Aquarium & Underwater Zoo, Burj Khalifa, Dubai Opera, and various pop-up markets.
Transportation in Downtown Dubai is seamless, with a well-developed road network, including Sheikh Zayed Road, and numerous options for taxis, including Uber and Careem. There’s also an extensive bus network, a world-class metro system, the Dubai Tram, and the Palm Jumeirah monorail for convenient access to key city locations. For those preferring sea travel, the Dubai water taxi and ferry services offer unique commuting experiences. Moreover, well-planned walkways and a bicycle and scooter rental system cater to eco-friendly and health-conscious residents.
Property for sale Mercedes-Benz Places by Binghatti represents an unparalleled blend of luxury, convenience, and style. This project is not just an investment in property but an investment in a lifestyle that epitomizes elegance and sophistication. For those interested in property for sale in Binghatti Mercedes-Benz Places, buying an apartment or looking for penthouses for sale in Downtown Dubai, this development offers a unique opportunity to live in one of the most sought-after locations in Dubai.
SPECIFICATIONS
Area: Downtown, Dubai.
Timeline: Construction began in 2023.
Additional information
- Azizi Riviera won ‘Residential Project of The Year’ at the Innovation in Construction & FM Awards 2020.
- In March 2022 the CEO of Azizi, Farhad Azizi, announced that the crystal lagoon will be completed in either Q1 or Q2 of 2023, stating that “Our completion date predictions comprise buffers, as we prefer to under promise and over deliver rather than vice versa.
TRANSPORT & ACCESS
Airport proximity: Dubai International Airport (DXB) is roughly 16 minutes’ drive and the new Al Maktoum International Airport is roughly 41 minutes’ drive.
GUIDE
LOCAL SCHOOLS
Mercedes-Benz Places | Binghatti has many schools nearby including Hartland International School at 2.6 km and Citizens School at 2.6 km.
In terms of performance there are 12 schools nearby that have achieved either of two highest government inspection rating of ‘Very Good’ or ‘Outstanding’ including Horizon English School Dubai which has a rating of ‘Outstanding’ and Jumeirah English Speaking School which also has a rating of ‘Outstanding’.
THINGS TO DO
We’ve partnered with LadiesNightDubai.com and BrunchCrunch.ae to give an overview of the current Ladies Nights and Brunch offers in the vicinity of Mercedes-Benz Places | Binghatti.
- Principal and Interest
- Property Tax
- HOA fee