Vision Iconic at Mercedes-Benz Places by Binghatti

Vision Iconic is a residential tower by Binghatti in Mercedes-Benz Places | Binghatti City, the Mercedes-Benz branded masterplan of 12 towers in the Nad Al Sheba district of Dubai. It is tower 6 of the city and is presented by the developer as the community's landmark tower, with 1,426 units across 1 Bedroom Apartments, 2 and 3 Bedroom Royal Suites, and 4 and 5 Bedroom Apartments. Handover is expected in Q4 2028.

Vision Iconic is in Mercedes-Benz Places | Binghatti City, in the Nad Al Sheba district of Dubai beside the Meydan Racecourse. According to the developer's community brochure, The Meydan Hotel and Race Course is 3 minutes away, The Dubai Mall and Burj Khalifa 8 minutes, Dubai World Trade Centre 10 minutes, Mall of the Emirates 12 minutes, and Dubai International Airport 15 minutes by car.

Five unit types are offered: 1 Bedroom Apartments of about 694 sq ft (64 sq m), 2 Bedroom Royal Suites of about 971 sq ft (90 sq m), 3 Bedroom Royal Suites of about 1,198 sq ft (111 sq m), 4 Bedroom Apartments of about 1,985 sq ft (184 sq m), and 5 Bedroom Apartments of about 2,476 sq ft (230 sq m). The exact size of each unit is stated in its Sales and Purchase Agreement.

Prices start from AED 2.60M ≈ USD 708K for a 1 Bedroom Apartment. The 2 Bedroom Royal Suites start at AED 3.85M ≈ USD 1.05M, the 3 Bedroom Royal Suites at AED 6.25M ≈ USD 1.70M, the 4 Bedroom Apartments at AED 12.51M ≈ USD 3.41M, and the 5 Bedroom Apartments at AED 18.97M ≈ USD 5.16M. Binghatti sets pricing per release, so figures move with availability, floor, and view.

The expected handover is Q4 2028. The tower is at the very beginning of its construction cycle, so the full build is still ahead, and progress against the Dubai Land Department project register is tracked in the Vision Iconic construction updates guide.

Binghatti's brochure lists the exclusive features and services at community level for Mercedes-Benz Places | Binghatti City: a sky infinity pool, podium pool, private pool, gym, spa service, yoga and wellness outdoor area, skyline jogging path, concierge and valet services, entertainment studios, food and beverage, a smart system, an acoustic system, and solar photovoltaic technology, with the city targeting a LEED rating. The masterplan adds the Grand Promenade, with retail and cafes along the podium edges, and a park designed around 12 distinct lifestyle experiences. These are community-level features; which facilities sit within Vision Iconic itself is confirmed in the developer's sales documentation.

Yes. Every unit type is priced at or above the AED 2M ≈ USD 545K property investment threshold for the 10-year UAE Golden Visa, starting with the 1 Bedroom Apartments at AED 2.60M. The dedicated Vision Iconic Golden Visa guide covers the eligibility steps in detail.

Yes, Vision Iconic by Binghatti is a freehold property, open to all nationalities.

Vision Iconic follows a 70/30 payment plan: a 20% down payment on booking, 50% during construction, and 30% on completion at handover, which is expected in Q4 2028. On top of the down payment, buyers pay the 4% DLD registration fee, which is paid to the Dubai Land Department rather than into the project escrow account. The plan sets the shares only: the instalment dates for each unit are set out in the Sales and Purchase Agreement issued by Binghatti, and instalments are paid into the project escrow account rather than to the developer directly.

Yes. The full process, from reservation to SPA signing and registration, can be completed remotely, and I manage it end to end with the developer on your behalf. Each stage of the remote purchase is documented in my Dubai real estate guide library.

All off plan payments are made to the project's DLD-registered escrow account held with Mashreq Bank PSC and released to the developer only against verified construction progress, a framework regulated by the Dubai Land Department. Learn more in the Vision Iconic escrow account guide.

Vision Iconic is developed by Binghatti. Per Binghatti's project literature, Binghatti Holding Limited is a vertically integrated developer founded in 2008 with roots as a contractor, with a total portfolio exceeding 80 projects valued at over AED 80 billion, more than 50 projects delivered to date, and a pipeline of approximately 30 million square feet of sellable area. Its branded collaborations include Mercedes-Benz Places | Binghatti City.