Binghatti · Downtown Dubai · Construction Update
Mercedes-Benz Places Construction Update - January 2025
January 2025 Inspection Records Mercedes-Benz Places at 26.13% Construction Progress in Downtown Dubai
Enabling and foundation works were complete and structure works were advancing at Mercedes-Benz Places when the independent RERA inspection recorded 26.13 percent on 23 January 2025.
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Verified DLD Inspection Data
Mercedes-Benz Places Construction Snapshot
26.13% recorded on 23 January 2025 places Mercedes-Benz Places in the superstructure band, the stage where attention moves from ground works to how the tower frame and the first MEP packages advance. This page is the archived record of that inspection cycle.
Mercedes-Benz Places by Binghatti
2545
Active
26.13%
23 January 2025
15 December 2023
150 residences
40,341.18 sq m
Q4 2026
Data source: RERA inspection conducted on 23 January 2025, progress status Main Contract - Progressing, tracked against DLD inspection records. Construction tracking against RERA inspection data runs across the full tohidfetrat.com project portfolio and is reviewed after every published cycle. Last updated: September 2026.
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This Inspection Cycle
Mercedes-Benz Places Construction Progress Summary
The 23 January 2025 inspection, about 13 months after construction started on 15 December 2023, found enabling and foundation works finished and mobilization still ongoing, with structure works at a good stage and MEP and internal works newly started. The register shows its previous inspection as 0% with no date, so this cycle sets a starting point rather than a measurable pace.
- Enabling works on plot 319
- Foundation works beneath the 341 m tower
- Project registration and construction start, both dated 15 December 2023
- Structure works, reported at a good stage
- Site mobilization, still ongoing at inspection
- MEP works, started on site
- Internal works, started on site
- The full frame: 3 basements, ground, 5 podium levels and 65 floors
- External envelope, amenity floors and the sky infinity pool level
- Finishes across 150 suites and penthouses, with handover expected in Q4 2026
Payment Linked Progress
What 26.13% Progress Means for Mercedes-Benz Places Buyers
Whether a Dubai off plan payment falls due at a construction stage is set by each buyer's SPA, so a verified reading of 26.13% works as a checkpoint rather than a bill. At the structural stage Mercedes-Benz Places had reached in January 2025, four actions mattered most.
Verify the escrow account
Any payment made while the structure is rising should go only to the DLD regulated escrow account registered for project 2545 with Sharjah Islamic Bank. Mercedes-Benz Places escrow account verification is the step before any transfer; the lookup itself takes about two minutes against the official DLD project record.
Reread your SPA milestone schedule
Check whether your sale and purchase agreement ties any payment to a construction stage, and how it defines the handover expected in Q4 2026. Not sure how your SPA schedule maps to this reading? Send me your SPA schedule and I will map it against the certified milestones.
Plan the snagging inspection early
At 26.13%, the pre handover inspection window was still well ahead, but penthouse grade finishes reward planning the checks early. Mercedes-Benz Places snagging inspection guide sets out what to prepare before acceptance.
Track each new reading
The frame, envelope, and fit out of a 341 m tower span several inspection cycles after January 2025. Mercedes-Benz Places construction updates hub keeps every dated reading in one place.
General framework, not legal advice: milestone definitions, notice periods, and fee obligations are set by your individual SPA and the DLD record, and both should be read directly.
Buying at 26.13%?
Entering Mercedes-Benz Places during structure works meant carrying more of the construction risk than a later buyer: foundations were certified, the tower was still climbing, and almost two years remained to the Q4 2026 handover. Every payment goes to the DLD-registered escrow account for project 2545, released against certified construction progress.
- Foundations complete in the certified January 2025 record
- Almost two years to the expected Q4 2026 handover
- Escrow held with Sharjah Islamic Bank under project 2545
- No structure on site, so every construction stage still ahead
- The longest wait between contract and keys
- Launch pricing, set before any certified progress exists
30+ units listed available on the project page as of September 2026; availability shifts between cycles.
About the Development
Mercedes-Benz Places Project Details
When the January 2025 inspection recorded 26.13%, Mercedes-Benz Places was a Binghatti hyper-tower in its structural phase, with foundations finished beneath a planned 341 m building of 150 suites and penthouses developed with Mercedes-Benz. Starting prices: AED 10.99M ≈ USD 2.99M.
Entering at that stage meant the longest remaining wait and most of the build still to be certified, with handover expected in Q4 2026 and 31 December 2026 as the registered completion date in the DLD record.
Mercedes-Benz Places by Binghatti Project GuideSite Context This Cycle
Explore Mercedes-Benz Places Location on Dubai Map
Mercedes-Benz Places stands on plot 319 in the DLD's Burj Khalifa area of Downtown Dubai, where a single 341 m tower over three basement levels is built inside an operating city: in January 2025 that meant foundations finished below ground and the frame rising while site mobilization was still ongoing.
Downtown Dubai was already complete around the site, with the developer's map placing Dubai Mall and DIFC about 7 minutes away and Burj Khalifa about 10, and Red Line metro service at Burj Khalifa/Dubai Mall station, so buyers at 26.13% were waiting on a building rather than on a district. See the project’s position on the interactive Dubai real estate map.
Buyer Resources for This Project
Investing in Mercedes-Benz Places During Structural Construction
In the superstructure band the useful questions are residency planning, where payments go, and what handover will demand later. The four resources below answer the questions a buyer faced at the January 2025 stage of Mercedes-Benz Places.
Mercedes-Benz Places Construction Updates
This page: the verified 23 January 2025 inspection record for Mercedes-Benz Places at 26.13% progress.
Mercedes-Benz Places Golden Visa: Suite or Penthouse, Every Type
Binghatti's Mercedes-Benz Places, 150 residences in Downtown Dubai, qualifies at all six types from the Pagoda Suite to triplex penthouse.
Read Mercedes-Benz Places Golden Visa Guide
Mercedes-Benz Places Escrow: Binghatti's Downtown Account at Sharjah Islamic Bank
Binghatti's Mercedes-Benz Places in Downtown Dubai is DLD project 2545, 163 units escrowed at Sharjah Islamic Bank, 65.25% certified April 2026.
Verify Mercedes-Benz Places Escrow Account
Mercedes-Benz Places Snagging for a Branded Hyper-Tower
Mercedes-Benz Places is the residential hyper-tower Binghatti is building with Mercedes-Benz in Downtown Dubai, holding 150 freehold residences.
Book Mercedes-Benz Places Snagging InspectionUpdate Timeline
Other Mercedes-Benz Places Construction Updates
Follow the inspection record forward from this January 2025 reading to see how Mercedes-Benz Places moved through each later cycle.
All Mercedes-Benz Places Construction UpdatesWhere This Update Fits
Explore Mercedes-Benz Places Structure
This January 2025 report is one node in a wider record: the Downtown Dubai district around plot 319, the developer building the tower, and the listings it competes with.
Downtown Dubai Properties for Sale
Browse apartments, branded residences and penthouses for sale around Burj Khalifa and The Dubai Mall.
See Downtown Dubai Properties for Sale
Downtown Dubai Community Overview
Read the Downtown Dubai guide: Emaar's city core around Burj Khalifa, The Dubai Mall and Dubai Opera, with prices and returns.
Explore the Downtown Dubai Community
Binghatti: Record Construction Speed and Branded Towers With Bugatti and Mercedes-Benz
Binghatti has delivered more than 60 projects since 2008, with 27 under development and two master communities across Dubai.
View the Binghatti Developer ProfileFAQs
Mercedes-Benz Places Construction Progress in January 2025: Frequently Asked Questions
The independent RERA inspection dated 23 January 2025 recorded Mercedes-Benz Places, DLD project number 2545, at 26.13% construction progress, with the progress status shown as Main Contract - Progressing and the project status as Active.
No. The 23 January 2025 reading of 26.13% was recorded against a handover expected in Q4 2026, and the DLD register lists 31 December 2026 as the registered completion date as of September 2026. Registered dates can be revised between inspection cycles, so the latest position is tracked on the Mercedes-Benz Places construction updates hub.
On 23 January 2025 the inspectors found enabling and foundation works completed, structure works progressing at a good stage, mobilization still ongoing, and MEP and internal works started on site. That structure is planned in the developer fact sheet as 3 basements, ground, 5 podium levels and 65 floors, rising to 341 m.
The DLD app shows 0% in its Previous Inspection field beside the 26.13% reading, with no date attached. It is an undated baseline rather than an earlier inspection, so it cannot measure how fast Mercedes-Benz Places moved before January 2025; the first dated comparison arrives with the next published cycle.
At 26.13%, Mercedes-Benz Places was in its structural stage: the foundations were complete, the tower frame was advancing, and the envelope, fit out and amenity floors all still lay ahead. The priorities at that point were confirming the escrow account for project 2545 with Sharjah Islamic Bank and reading how each SPA defines any payment tied to a construction stage.
Not yet. At 26.13% on 23 January 2025, with handover expected in Q4 2026, almost two years later, the pre handover inspection window was still far ahead. What to prepare for a tower of suites and penthouses as completion approaches is set out in the Mercedes-Benz Places snagging inspection guide.
A Question the FAQ Can Not Answer?
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Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is helping you read the January 2025 inspection record for Mercedes-Benz Places correctly before your next payment decision. Client identities and transactions are never published or referenced. Message me directly: you will always reach me personally, never a call center or sales team.
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