Mercedes-Benz Places by Binghatti City — Payment Plan
By Binghatti · Downtown Dubai
Mercedes-Benz Places by Binghatti City is an apartment project by Binghatti in Downtown Dubai. 2-3-4 & 5 BR from 1,586 sq ft, prices from AED 8,800,000. 70/30 payment plan, handover Dec 2028. ← Back to project overview
Mercedes-Benz Places by Binghatti City payment plan (70/30)
| Milestone | Share | Amount (from price) |
|---|---|---|
| Booking | 20% | AED 1,760,000 |
| During Construction | 50% | AED 4,400,000 |
| On Completion | 30% | AED 2,640,000 |
Dubai Land Department fee: 4% of the price, plus Oqood registration charges.
Price in other currencies
Indicative, based on AED 8,800,000.
Rates updated October 24, 2026.
Frequently asked questions
What is the payment plan for Mercedes-Benz Places by Binghatti City?
The developer payment schedule for Mercedes-Benz Places by Binghatti City is structured as: 20% booking, 50% during construction, 30% on completion.
When is the handover payment due for Mercedes-Benz Places by Binghatti City?
The handover milestone for Mercedes-Benz Places by Binghatti City is scheduled for Dec 2028, subject to construction progress.
Does buying at Mercedes-Benz Places by Binghatti City qualify for the UAE Golden Visa?
With prices starting from AED 8,800,000, buyers meeting the AED 2,000,000 property investment threshold can apply for the 10-year UAE Golden Visa.
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