Mercedes-Benz Places Office Towers Binghatti at Nad Al Sheba 1 Dubai

Binghatti was founded in 2008 by Hussain, Muhammad and Ahmed Binghatti, with Muhammad Binghatti as chairman. It sold over 17,000 units in 2025, more than any other off-plan developer in Dubai, and by its own count has around 100 projects worth over AED 100 billion. Binghatti City is its first masterplanned community.

• The best fit is a buyer who can wait for handover and wants a branded address inside a lived-in district:
• Owner-occupier SMEs currently renting offices who want to fix their occupancy cost
• Income investors targeting tenants that serve residents, such as clinics, brokerages, consultancies and service firms
• Existing Binghatti City buyers who want commercial exposure in the same masterplan
• Companies seeking a headquarters where the Mercedes-Benz name supports their own brand

Buyers who need rent from day one should look at completed, tenanted offices instead, since an off-plan unit earns nothing until it is handed over and fitted out. Investors planning a quick exit, or those who cannot commit cash without knowing the final price, are also better served by waiting for the full launch details.

An office gives investors a different income source from apartments, because office rent follows business demand rather than household moves. Office leases are registered through Ejari, which gives landlord and tenant an enforceable contract. Rent earned by an individual on property held in their own name falls outside UAE corporate tax when the leasing needs no business licence, so personal returns are not reduced by income tax.

• Confirm the project is registered with the Dubai Land Department and has an escrow account under Law No. 8 of 2007 before paying anything.
• Budget for 5% VAT on the purchase price, which applies to commercial units but not to new homes.
• Add the 4% DLD registration fee, unless the developer waives it at launch.
• Ask whether units are handed over as shell and core or fitted, as fit-out is a separate cost.
• Check the saleable to carpet area ratio, ceiling height, power load and allocated parking per unit.
• Confirm permitted use, since clinics and some other businesses need approvals beyond a standard office licence.
• Look up approved service fees on the DLD Service Charge Index once the building is listed.
• Check financing terms with your bank before booking.