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

202, Mercedes Benz Places

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

Unit 202 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 8.5M17 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Mercedes Benz Places

What is 202 worth today?

Last sold for AED 8,500,000 in 2024

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17 Dec 2024Sold by developerOff-plan
AED 8,500,000AED 3,353 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

Key facts

Type
2-bed apartment
Size
2,535 sqft
Floor
2nd of 51
Parking
2 1
Developer
Binghatti
Completed
2026
Last sold
AED 8.5M · December 2024

About 202, Mercedes Benz Places

202 is a two-bedroom apartment of 2,535 sqft on the 2nd floor of Mercedes Benz Places, a 51-storey tower in Downtown Dubai completed in 2026 by Binghatti. The developer sold it on 17 December 2024 for AED 8,500,000, or AED 3,353 per sqft, 32% below the AED 4,899 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Mercedes Benz Places
10M202420252026Typical sale price by year: 2024 AED 11,184,000; 2025 AED 10,500,000Sold by developer, December 2024: AED 8,500,000 (AED 3,353 per sqft)

202 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 202 sits

All 65 2-beds →

202 last sold in December 2024 at AED 3,353 per sqft, 32% below what two-beds in Mercedes Benz Places were fetching at the time (AED 4,899). 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 2nd floor

All 101 units in Mercedes Benz Places
Value
2032-bedAED 8.5M · Apr 2025
2042-bedAED 9M · May 2024

202, Mercedes Benz Places in numbers

  • Sold once: by Binghatti on 17 December 2024 for AED 8,500,000, or AED 3,353 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 17 December 2024.

Questions about 202, Mercedes Benz Places

What did unit 202 last sell for?

AED 8,500,000 on 17 December 2024, sold by the developer: AED 3,353 per sqft for 2,535 sqft. It is the only registered sale of the unit.

How big is unit 202?

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

What is unit 202 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 202, Mercedes Benz Places

Starts from the last sale price (AED 8.5M, 17 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,500,000
Deposit, UAE resident (20%)
AED 1,700,000
Deposit, non-resident (40%)
AED 3,400,000
Monthly over 25 years at 3.7%
AED 34,776

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