Dubai property group Binghatti Developers and luxury car brand Mercedes-Benz are set to launch a property project worth Dh30 billion ($8.2 billion), as demand for prime housing continues to soar in the city.
The project in Meydan, called Mercedes-Benz Places – Binghatti City, is spread across 10 million square feet (929,000 square metres), the companies said on Tuesday.
The multi-tower project is set to be launched on January 14, 2026 and is the developer’s first masterplanned community. The two companies also collaborated for the Mercedes-Benz Places project in Downtown Dubai last year.
With the new development, they aim to "create a complete city within a city", Muhammad Bin
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