Mercedes-Benz Places

Binghatti: Dubai Luxury Market Hits AED 500M Weekly Sales

Binghatti is averaging AED 500 million in weekly sales with cancellation rates below 1%, while nearly 90% of its 2026 pipeline is already sold. Mercedes-Benz Places has reached 50% absorption since launch. Moody's has reaffirmed the developer's Ba3 rating with a stable outlook

29 Mar 2026