2-bed · 2,535 sqftMercedes Benz Places, Downtown Dubai · 11th floor · completed 2026

1102, Mercedes Benz Places

Sold prices and rental history: sold once, by the developer in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 11 July 2024
Last soldAED 14.6M11 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Mercedes Benz Places

What is 1102 worth today?

Last sold for AED 14,599,999 in 2024

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11 Jul 2024Sold by developerOff-plan
AED 14,599,999AED 5,759 per sqft

Source: Dubai Land Department. Updated 11 July 2024.

Key facts

Type
2-bed apartment
Size
2,535 sqft
Floor
11th of 51
Parking
2 1
Developer
Binghatti
Completed
2026
Last sold
AED 14.6M · July 2024

About 1102, Mercedes Benz Places

1102 is a two-bedroom apartment of 2,535 sqft on the 11th floor of Mercedes Benz Places, a 51-storey tower in Downtown Dubai completed in 2026 by Binghatti. The developer sold it on 11 July 2024 for AED 14,599,999, or AED 5,759 per sqft, 22% above the AED 4,721 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical two-bed in Mercedes Benz Places
10M12M14M202420252026Typical sale price by year: 2024 AED 11,184,000; 2025 AED 10,500,000Sold by developer, July 2024: AED 14,599,999 (AED 5,759 per sqft)

1102 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Mercedes Benz Places, and where 1102 sits

All 65 2-beds →

1102 last sold in July 2024 at AED 5,759 per sqft, 22% above what two-beds in Mercedes Benz Places were fetching at the time (AED 4,721). Over the last 12 months two-beds sold for AED 2,275,000 to 14,000,000, around AED 2,073 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Dec 202514,000,000
21 Nov 20252,275,000
15 Nov 20257,805,000
10 Nov 20259,100,000
5 2-bed sales in the last 12 months

Mercedes Benz Places

Building

101 apartments, 2-bed to 4-bed over 51 floors in Downtown Dubai, completed in 2026 by Binghatti. 11 sold in the last 12 months.

Typical price per sqft
AED 5,005 Down 6.0%
Typical sale
AED 17.16M
Typical rent
Few contracts
Typical yield
Mercedes Benz Places, Downtown Dubai: prices, sales and rents →

Other units on the 11th floor

All 101 units in Mercedes Benz Places
Value
11032-bedAED 9.75M · Dec 2024

1102, Mercedes Benz Places in numbers

  • Sold once: by Binghatti on 11 July 2024 for AED 14,599,999, or AED 5,759 per sqft.
  • Two-beds in Mercedes Benz Places sold for AED 2,275,000–14,000,000 in the 12 months to November 2026; the building's median across all types is AED 5,005 per sqft.

Source: Dubai Land Department. Updated 11 July 2024.

Questions about 1102, Mercedes Benz Places

What did unit 1102 last sell for?

AED 14,599,999 on 11 July 2024, sold by the developer: AED 5,759 per sqft for 2,535 sqft. It is the only registered sale of the unit.

How big is unit 1102?

2,535 sqft (235.5 sqm): a two-bedroom apartment on the 11th floor of a 51-storey tower completed in 2026.

What is unit 1102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mercedes Benz Places sold for AED 2,275,000 to 14,000,000 in the last 12 months, around AED 2,073 per sqft.

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Mortgage on 1102, Mercedes Benz Places

Starts from the last sale price (AED 14.6M, 11 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 14,599,999
Deposit, UAE resident (20%)
AED 2,920,000
Deposit, non-resident (40%)
AED 5,840,000
Monthly over 25 years at 3.7%
AED 59,733

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →