One of the world’s most luxurious car brands has revealed ambitious plans for a new city based in Dubai. Mercedes-Benz has teamed up with property developer Binghatti to build a huge branded ‘city within a city’ in the Meydan area of Dubai.
Officially titled Mercedes-Benz Places | Binghatti City, the project will be a multi-tower district set across an area spanning 9 million square feet.
It will bring together residential towers with an integrated urban ecosystem focused on design, mobility and community.
Binghatti are one of the biggest real estate developers in Dubai, behind upcoming projects such as the luxury watch-inspired Burj Binghatti and the Mercedes-Benz-branded residences in Downtown Dubai.
The Mercedes-Benz city will combine luxury residences with cultural and leisure areas, retail boulevards, parks and green corridors, mobility hubs, wellness and sports zones, as well as dining, entertainment and community spaces.
It will provide daily needs within walking distance of the Dhs30 billion community.
With the new development, they aim to “create a complete city within a city”, Muhammad Binghatti, chairman of Binghatti Developers, said.
The property market in Dubai has benefitted from government initiatives such as residency permits for retired and remote workers, expansion of the 10-year golden visa programme and overall growth in the UAE’s economy on diversification efforts.
