A 75,000 sqft photovoltaic fa\u00e7ade will generate electricity to charge 40 electric vehicles daily.<\/p>\n
On Wednesday, luxury developer Binghatti Properties, based in Dubai, introduced a new $1 billion branded residence in Downtown. The development will feature duplex and triplex apartments.<\/p>\n
The ultra-luxurious project, Mercedes-Benz Place by Binghatti, is a collaboration with the German luxury carmaker Mercedes-Benz and will be constructed in one of the last remaining plots in the highly sought-after Downtown Dubai location.<\/p>\n
The 65-story tower, comprising a total of 150 apartments, has prices starting from Dh10 million. Completion is scheduled for the fourth quarter of 2026.<\/p>\n
The tower will accommodate two, three, and four-bedroom units, five-bedroom penthouses, as well as duplex and triplex apartments.<\/p>\n
The two-bedroom floors will have only four suites, and the three-bedroom unit floor will have only three suites. Each floor will feature only two five-bedroom penthouses.<\/p>\n
With a height of 341 meters, the tower will offer residents various amenities, including restaurants, sports and wellness zones, lounges, non-automotive retail, exhibition spaces, parking, electric vehicle charging, smart mobility apps, ride-hailing, bike and scooter sharing, chauffeur services, and automated valet parking. Additionally, each unit will come with its own private swimming pool.<\/p>\n
The duplex units will feature six bedrooms, a private gym, and an office, among other amenities. Triplex units will span three floors and include a private gym, cinema, spa, and other amenities.<\/p>\n
The developer has incorporated photovoltaic technology into the fa\u00e7ade, spanning 75,000 square feet, to generate energy for charging 40 electric vehicles per day, totaling 20,000km of carbon-free trips, according to Muhammad Binghatti, CEO of Binghatti Properties, in an interview with Khaleej Times.<\/p>\n
Mercedes-Benz Place by Binghatti is the latest addition to the developer’s portfolio of branded residences, following Bugatti Residences by Binghatti and Burj Binghatti Jacob & Co.<\/p>\n
Regarding triplex units, Binghatti mentioned they are exclusive and off-market, and although not priced yet, there is already significant interest with the sales team closing units during the soft launch.<\/p>\n
Binghatti emphasized the appeal of such properties as “trophy assets” for both end-users and investors, stating that some buyers consider them as collections, similar to car collectors.<\/p>\n
Britta Seeger, member of the board of management of Mercedes-Benz Group AG for marketing and sales, expressed that Dubai is an ideal location for a branded residences project.<\/p>\n","protected":false},"excerpt":{"rendered":"
A 75,000 sqft photovoltaic fa\u00e7ade will generate electricity to charge 40 electric vehicles daily. On Wednesday, luxury developer Binghatti Properties, based in Dubai, introduced a new $1 billion branded residence in Downtown. The development will feature duplex and triplex apartments. The ultra-luxurious project, Mercedes-Benz Place by Binghatti, is a collaboration with the German luxury carmaker […]<\/p>\n","protected":false},"author":1,"featured_media":4484,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[67,5],"tags":[],"class_list":["post-4482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-real-estate"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/posts\/4482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/comments?post=4482"}],"version-history":[{"count":0,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/posts\/4482\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/media\/4484"}],"wp:attachment":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/media?parent=4482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/categories?post=4482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/tags?post=4482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}