UAE - Mubasher: Binghatti Developers, Dubai’s largest and fastest-growing property developer, and Mercedes-Benz, unveiled the Mercedes-Benz Places – Binghatti City, a joint development with an investment value of AED 30 billion.
The new project marks Mercedes-Benz’s second branded residential development with Binghatti after the international success of Mercedes-Benz Places Dubai, according to a press release.
The masterplan will include luxury residences, cultural and leisure districts, retail boulevards, mobility hubs, wellness and sports zones, dining, entertainment, and community spaces.
Chairman Muhammad BinGhatti, stated: “This masterplan will become one of Dubai’s most distinguished destinations and a true symbol of elevated living.”
Meanwhile, the project is set to be officially launched on 14 January 2026.
Earlier this year, Binghatti Holding Limited listed a $500 million Sukuk on Nasdaq Dubai as part of its $1.50 billion Trust Certificate Program.
