Binghatti · Meydan · handover Q3 2028
Mercedes-Benz Places Binghatti City Vision Iconic payment plan
Mercedes-Benz Places Binghatti City Vision Iconic by Binghatti in Meydan, Dubai is sold on a 20/50/30 payment plan. On the cheapest unit, starting from AED 2.6M, that is AED 2.6M (100%) paid by handover in Q3 2028. Handover is 24 months away.
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The Mercedes-Benz Places Binghatti City Vision Iconic payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 20% |
| During construction | 50% |
| Upon Handover | 30% |
On the cheapest unit (1–5 BR, AED 2.6M)
| On booking | AED 520,000 |
| During construction | AED 1,300,000 |
| Upon Handover | AED 780,000 |
| Total (100%) | AED 2,600,000 |
| Months to handover | 24 |
Percentages as published by Binghatti. Dirham figures are those percentages applied to the published starting price of AED 2,600,000. Registration and other fees are not included.
The Mercedes-Benz Places Binghatti City Vision Iconic instalment schedule, line by line
Every instalment Binghatti publishes for Mercedes-Benz Places Binghatti City Vision Iconic, in order, with the charges listed alongside the plan.
Payment Plan 70/30
Published by Binghatti
| Stage | Instalment | Share | On AED 2,600,000 |
|---|---|---|---|
| On booking20% | On booking | 20% | AED 520,000 |
| DLD Feefee | 4% | AED 104,000 | |
| Admin Feefee | fixed | AED 5,000 | |
| During construction50% | Installment (2% per month) | 40% | AED 1,040,000 |
| Installment (1% per month) | 10% | AED 260,000 | |
| Upon Handover | as published | 30% | AED 780,000 |
| Total of the plan | 100% | AED 2,600,000 | |
Lines marked fee (DLD Fee, Admin Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.
Instalments and charges as published by Binghatti; the dirham column applies each percentage to the published starting price of AED 2,600,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Mercedes-Benz Places Binghatti City Vision Iconic
The same plan, applied to the starting price Binghatti publishes for each size in the building.
| Unit | From | On booking (20%) | During construction (50%) | Upon Handover (30%) |
|---|---|---|---|---|
| Commercefrom 1,162 sq ft | AED 8,805,000 | AED 1,761,000 | AED 4,402,500 | AED 2,641,500 |
| 1 bedfrom 695 sq ft | AED 2,600,000 | AED 520,000 | AED 1,300,000 | AED 780,000 |
| 2 bedfrom 979 sq ft | AED 3,900,000 | AED 780,000 | AED 1,950,000 | AED 1,170,000 |
| 3 bedfrom 1,203 sq ft | AED 6,250,000 | AED 1,250,000 | AED 3,125,000 | AED 1,875,000 |
| 4 bedfrom 2,077 sq ft | AED 12,500,000 | AED 2,500,000 | AED 6,250,000 | AED 3,750,000 |
| 5 bedfrom 2,560 sq ft | AED 19,068,000 | AED 3,813,600 | AED 9,534,000 | AED 5,720,400 |
Starting price per size as published by Binghatti; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Mercedes-Benz Places Binghatti City Vision Iconic
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Binghatti and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.
| Unit | From | Land Department 4% |
|---|---|---|
| Commerce | AED 8,805,000 | AED 352,200 |
| 1 bed | AED 2,600,000 | AED 104,000 |
| 2 bed | AED 3,900,000 | AED 156,000 |
| 3 bed | AED 6,250,000 | AED 250,000 |
| 4 bed | AED 12,500,000 | AED 500,000 |
| 5 bed | AED 19,068,000 | AED 762,720 |
4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.
Everything else on Mercedes-Benz Places Binghatti City Vision Iconic
- Mercedes-Benz Places Binghatti City Vision Iconic: prices, units and handover
- Mercedes-Benz Places Binghatti City Vision Iconic floor plans and unit sizes
- Off-plan projects we list in Meydan
- Binghatti projects we list
- Projects we list handing over in 2028
- Every off-plan project we list
- Ask us for the Mercedes-Benz Places Binghatti City Vision Iconic brochure
Mercedes-Benz Places Binghatti City Vision Iconic payment plan: questions buyers ask
- What is the payment plan for Mercedes-Benz Places Binghatti City Vision Iconic?
- Mercedes-Benz Places Binghatti City Vision Iconic by Binghatti is sold on a 20/50/30 plan: 20% on booking, 50% during construction, 30% upon handover, as published by the developer.
- How much is the booking amount for Mercedes-Benz Places Binghatti City Vision Iconic?
- 20% of the price. On the cheapest unit at AED 2.6M that is AED 520,000.
- How much do I pay before I get the keys to Mercedes-Benz Places Binghatti City Vision Iconic?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.6M that is AED 2.6M by handover in Q3 2028.
- Does Mercedes-Benz Places Binghatti City Vision Iconic have a post-handover payment plan?
- No. The published plan completes at handover in Q3 2028.
- What are the registration fees on Mercedes-Benz Places Binghatti City Vision Iconic?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.6M that is AED 104,000. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
- When is the handover of Mercedes-Benz Places Binghatti City Vision Iconic?
- Binghatti publishes Q3 2028, which is 24 months from now.
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starting from
AED 2.6M
handover Q3 2028