by Binghatti Developers
Mercedes Benz Places at Downtown DubaiPayment Plan
Downtown Dubai, Dubai, UAE
Developer
Binghatti Developers
Starting Price
AED 8,900,000
Unit Types
2BR · 3BR · 4BR · 5BR · 6BR
Size Range
1,586 - 18,101 sqft
147 - 1,682 sqm
Handover
Q4 - 2026
Payment Plan
70/30
Mercedes Benz Places at Downtown Dubai Payment Plan & Buyer Costs
Mercedes Benz Places at Downtown Dubai by Binghatti Developers is sold on a construction-linked payment plan (70/30), a down payment on booking, staged instalments during construction, and the balance on handover (targeted for Q4 - 2026). All payments are held in a RERA-regulated escrow account that protects your funds throughout the build.
Beyond the purchase price, budget for the one-time Dubai Land Department fee (4%), the Oqood off-plan registration (around AED 3,000) and standard agency fees. Dubai charges no annual property tax and no capital-gains tax, so investment returns are kept in full.
Starting Price
8,900,000AED 8,900,000
70/30
Payment Plan
70/30
On Booking
20%
Down Payment
AED 1,780,000
During Construction
48%
Progress-linked installments
AED 4,272,000
On Handover
32%
Balance on completion
AED 2,848,000
Accepted Methods
Units Information
Unit Types
2BR, 3BR, 4BR, 5BR, 6BR
Size Range
1,586 - 18,101 sqft
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8,900,000AED 8,900,000
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8,900,000AED 8,900,000
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Project Details
Regulatory Permit
Buyer's Guide & Resources
Essential reading for property buyers in Dubai
How to Buy Property in Dubai
Step-by-step: from RERA agent to title deed in 30 days
Golden Visa Through Property
AED 2M threshold, eligibility and family inclusion
Off-Plan vs Ready Properties
Pros, cons and decision matrix for each type
DLD Fees Explained
The real all-in cost beyond the 4% headline
Title Deed vs Oqood
Why this difference matters for resale and visa
Buying as a Non-Resident
Power of attorney, financing and timelines explained