2-bed · 1,837 sqftMercedes Benz Places, Downtown Dubai · 17th floor · completed 2026

1704, Mercedes Benz Places

Sold prices and rental history: sold once, by the developer in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 14 August 2025
Last soldAED 9M14 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Mercedes Benz Places

What is 1704 worth today?

Last sold for AED 9,000,000 in 2025

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14 Aug 2025Sold by developerOff-plan
AED 9,000,000AED 4,900 per sqft

Source: Dubai Land Department. Updated 14 August 2025.

Key facts

Type
2-bed apartment
Size
1,837 sqft
Floor
17th of 51
Parking
2 1
Developer
Binghatti
Completed
2026
Last sold
AED 9M · August 2025

About 1704, Mercedes Benz Places

1704 is a two-bedroom apartment of 1,837 sqft on the 17th floor of Mercedes Benz Places, a 51-storey tower in Downtown Dubai completed in 2026 by Binghatti. The developer sold it on 14 August 2025 for AED 9,000,000, or AED 4,900 per sqft, in line with the AED 4,900 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical two-bed in Mercedes Benz Places
9M10M11M202420252026Typical sale price by year: 2024 AED 11,184,000; 2025 AED 10,500,000Sold by developer, August 2025: AED 9,000,000 (AED 4,900 per sqft)

1704 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 1704 sits

All 65 2-beds →

1704 last sold in August 2025 at AED 4,900 per sqft, in line with what two-beds in Mercedes Benz Places were fetching at the time (AED 4,900). 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 17th floor

All 101 units in Mercedes Benz Places
Value
17022-bedAED 16.1M · Oct 2025
17032-bedAED 15.48M · Jun 2024

1704, Mercedes Benz Places in numbers

  • Sold once: by Binghatti on 14 August 2025 for AED 9,000,000, or AED 4,900 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 14 August 2025.

Questions about 1704, Mercedes Benz Places

What did unit 1704 last sell for?

AED 9,000,000 on 14 August 2025, sold by the developer: AED 4,900 per sqft for 1,837 sqft. It is the only registered sale of the unit.

How big is unit 1704?

1,837 sqft (170.7 sqm): a two-bedroom apartment on the 17th floor of a 51-storey tower completed in 2026.

What is unit 1704 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 1704, Mercedes Benz Places

Starts from the last sale price (AED 9M, 14 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 9,000,000
Deposit, UAE resident (20%)
AED 1,800,000
Deposit, non-resident (40%)
AED 3,600,000
Monthly over 25 years at 3.7%
AED 36,822

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