Project · #46 by 12M value
Mercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B
Market bulletin · Thu, 22 Oct 2026
Mercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B: median AED 3,469/sqft, down 4.0% over three months on 104 sales
Mercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B recorded 30 sales worth AED 57.5M in the 30 days to Thu, 22 Oct 2026, up 275.0% on the previous 30 days. Over the last week 3 sales were registered (AED 3.96M), against 11 the week before.
The median sale over the last three months was AED 1.35M, or AED 3,469/sqft — like-for-like prices per sqft down 4.0% on the previous three months. Monthly medians over the past year ranged from AED 3,436/sqft to AED 3,729/sqft.
By market over 12 months: developer off-plan sales 98.8%, off-plan resales 1.2%. Off-plan resales traded at a median 9.2% premium to developer prices per sqft.
In Meydan City, Mercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B ranked #2 of 11 leading projects by 12-month sales value; it is developed by Binghatti. Its first registered sale was on 6 February 2026.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 3,457 |
| Sept 26 | AED 3,632 |
| Aug 26 | AED 3,469 |
| Jul 26 | AED 3,436 |
| Jun 26 | AED 3,545 |
| May 26 | — |
| Apr 26 | AED 3,729 |
| Mar 26 | AED 3,666 |
| Feb 26 | AED 3,656 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 28 | 0 | 0 |
| Sept 26 | 9 | 0 | 0 |
| Aug 26 | 26 | 0 | 0 |
| Jul 26 | 45 | 0 | 0 |
| Jun 26 | 37 | 1 | 0 |
| May 26 | 3 | 0 | 0 |
| Apr 26 | 53 | 0 | 0 |
| Mar 26 | 46 | 2 | 0 |
| Feb 26 | 152 | 2 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 30 | up 275.0% | AED 57.5M | 3,421 | down 6.0% |
| Last 3 months | 104 | up 121.3% | AED 192M | 3,469 | down 2.1% |
| Last 6 months | 151 | down 40.3% | AED 281M | 3,510 | down 4.2% |
| Last 12 months | 404 | — | AED 745M | 3,596 | — |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 399 | 99% | AED 1.41M | 3,594 | — |
| Off-plan resale | 5 | 1% | AED 1.42M | 3,925 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 288 | 71% | AED 1.38M | 3,586 | — |
| 1 bedroom | 54 | 13% | AED 2.40M | 3,889 | — |
| 2 bedrooms | 52 | 13% | AED 3.28M | 3,361 | — |
| 3 bedrooms | 10 | 2% | AED 5.18M | 3,894 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 288 | 71% | AED 1.38M | 3,586 | — |
| AED 2M–10M | 116 | 29% | AED 3.17M | 3,680 | — |
Competing projects in Meydan City
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Mercedes Benz Places Binghatti City Tower 4 - Maybach 6 Tower ABinghatti | 219 | 3,550 | down 2.8% |
| Mercedes Benz Places Binghatti City Tower 3 - Maybach Ultimate Luxury Tower BBinghatti | 154 | 3,601 | up 2.2% |
| Mercedes Benz Places Binghatti City Tower 1 - Project MaybachBinghatti | 137 | 3,345 | — |
| Grand ViewsG&Co Real Estate Development | 23 | 1,605 | — |
| The Polo Residences A3Invest Group Overseas (IGO) | 59 | 1,475 | — |
| Mercedes Benz Places Binghatti City Tower 2 - Maybach Ultimate Luxury Tower ABinghatti | 47 | 3,669 | — |
| Emerge ResidencesElysian Luxury Real Estate Development | 39 | 2,258 | — |
| Tonino Lamborghini 3Gulf Land Property Developers | 31 | 2,550 | — |
| Tonino Lamborghini 2Gulf Land Property Developers | 24 | 2,594 | — |
| Maybach 6 - TOWER A | 44 | 3,596 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 5.67M | 3 BR Apartment · 1,548 sqftMercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B · Meydan City | 12 Aug |
| AED 5.31M | 3 BR Apartment · 1,282 sqftMercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B · Meydan City | 3 Aug |
| AED 5.16M | 3 BR Apartment · 1,326 sqftMercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B · Meydan City | 9 Oct |
| AED 3.43M | 2 BR Apartment · 983 sqftMercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B · Meydan City | 3 Oct |
| AED 3.42M | 2 BR Apartment · 983 sqftMercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B · Meydan City | 3 Aug |
| AED 3.40M | 2 BR Apartment · 982 sqftMercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B · Meydan City | 12 Aug |
Questions about Mercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B
What is the average price per sqft in Mercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B?
The median sale price in Mercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B over the last three months was AED 3,469 per sqft (median sale AED 1.35M), based on 104 sales registered with Dubai Land Department.
How many properties were sold in Mercedes Benz Places Binghatti City Tower 5 - Maybach 6 Tower B in the last year?
404 sales worth AED 745M were registered in the last 12 months: 99% developer off-plan, 1% off-plan resales and 0% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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