Vision Iconic
Binghatti Developers FZE
Nad Al Sheba
Vision Iconic exterior, developer render Photo: © Binghatti
1 / 8- Height
- 341 m
- Floors
- 67
- Units
- 1,453
- Status
- Under Construction
- DLD No.
- 4544
- Project
- DP-0042
Overview
Vision Iconic is a single residential and retail tower being built by Binghatti Developers in Nad Al Sheba, on the Meydan side of Dubai. It is the tallest of the towers planned in the Mercedes-Benz Places | Binghatti City master community. The developer describes a ground floor, a mezzanine, five podium levels, 67 residential floors, four mechanical floors and a roof, with 1,426 residences (one to five bedrooms) and 27 retail shops. Dubai Land Department's project register lists it as project 4544, registered on 12 August 2026, with a planned completion on 15 December 2028 and 0% construction progress at the 28 July 2026 inspection. The tower is not built and nothing has been handed over, so every image on this page is a developer render. Prices shown are the developer's starting price and an unverified listing figure, not registered sale prices. No sale registered under the Vision Iconic name was found in this year's open data, so there is no price-per-square-foot or yield figure for the tower itself. Check the final handover date, payment plan and unit sizes with the developer before any decision; none of this page is a promise of profit.
Timeline
- Planned completion (DLD registered plan, not a handover) Planned Dubai Land Department — Project Status
- Project registered with DLD (no. 4544) Dubai Land Department — Project Status
- Construction start registered with DLD Dubai Land Department — Project Status
- Project type
- Residential · Commercial
1 source
- residential, commercial · Dubai Land Department — Project Status
- Construction status
- Under Construction
1 source
- under_construction · Dubai Land Department — Project Status
- Progress
- 0%
1 source
- Construction start
- Aug 2026
Sources differ
- 2026-08 · Dubai Land Department — Project Status
- 2026-01-19 · Property Finder
- Expected completion
- Dec 2028
2 sources
- 2028-12 · Dubai Land Department — Project Status
- 2028-12 · Property Finder
- Actual handover
- Not stated
- DLD project number
- 4544
1 source
- DLD registration date
- 12 Aug 2026
1 source
- 2026-08-12 · Dubai Land Department — Project Status
- Project ID
- DP-0042
Videos
Published by the channels named below. A video starts loading only when you press play.
Building and units
- Height
- 341 m
2 sources
- 341 · CTBUH
- 341 · Property Finder
- Floors
- 67
Sources differ
- 67 · Developer website
- 71 · CTBUH
- Blocks
- 1
1 source
- Total units
- 1,453
2 sources
- 1453 · Dubai Land Department — Project Status
- 1453 · Developer website
- Parking spaces
- Not stated
- Developer
- Binghatti Developers FZE
1 source
- Binghatti Developers FZE · Dubai Land Department — Project Status
- Consultant
- Not stated
- Main contractor
- Not stated
Residences, 1 to 5 bedroom (apartments)
1,426
Retail shops
27
As counted by Developer website: 1,453 units. Sources count differently, so their totals are never added together.
Unit types and sizes
Each row keeps its own source. The bar shows where the size range sits among this project's units.
| Type | Units | Size | Source |
|---|---|---|---|
| Residences, 1 to 5 bedroom (apartments) | 1,426 | Not stated | Developer website Data to 11 Nov 2026 |
| Retail shops | 27 | Not stated | Developer website Data to 11 Nov 2026 |
Payment plans
As quoted by each source. They don't always agree, so each one is shown on its own. Get the plan for your unit in writing from the developer.
- At sales launch (down payment)20%
- During construction20%
- On handover60%
Property Finder Data to 11 Nov 2026
In the building
- Infinity Horizon PoolDeveloper website
- Private pool cabanas and jacuzziDeveloper website
- Sun deck and sky jogging trackDeveloper website
- Outdoor cinemaDeveloper website
- Indoor gym and Pilates facilitiesDeveloper website
- Spa and serenity yoga areaDeveloper website
- Kids' splash zone and creative playgroundDeveloper website
- Squash facilitiesDeveloper website
- Landscaped green spaces and family loungesDeveloper website
Worth knowing
- Handover status
- Not started Dubai Land Department — Project Status
- Floor composition
- Ground, mezzanine, 5 podium levels, 67 residential floors, 4 mechanical floors, roof Developer website
- Escrow agent
- Mashreq Bank PSC Dubai Land Department — Project Status
- Registered land area (DLD project 4544)
- 125,903 sqm (likely the plot shared with the wider Binghatti City development) Dubai Land Department — Project Status
- Registered sales (this year)
- None under the name Vision Iconic. DLD rows named 'Mercedes-Benz Places | Binghatti' can't be matched to this tower; not attributed Dubai Land Department — Open Data
- Registered rents
- None: the tower is under construction Dubai Land Department — Open Data
- One-year and multi-year price change
- Not available: launched in 2026, no earlier transactions to compare Dubai Land Department — Project Status
- Service charge and maintenance
- Not published: the building is not built and no Mollak/DLD service charge is registered Dubai Land Department — Project Status
- Reported gross yield
- Not available: no rental market yet Dubai Land Department — Open Data
Prices and rents
Recorded sales
Figures sources attribute to recorded deals. Not checked against DLD yet.
| Figure | Value | Property type | Period | Source |
|---|---|---|---|---|
| Average sale price | Not stated | |||
| Median sale price | Not stated | |||
| Median price per sq ft | Not stated | |||
| Lowest recorded price | Not stated | |||
| Highest recorded price | Not stated | |||
| Number of sales | Not stated | |||
| Total sales volume | Not stated | |||
| Price change over one year | Not stated | |||
| Price change over several years | Not stated | |||
Asking prices
What sellers ask in adverts. Kept apart from deals because an asking price is not a sale.
| Figure | Value | Property type | Period | Source |
|---|---|---|---|---|
| Developer's starting price | AED 2,250,000 | Residential | Nov 2026 – Nov 2026 | Developer website Data to 11 Nov 2026 |
| Developer's starting price: Also reported | AED 2,122,440 | Residential | Nov 2026 – Nov 2026 | Property Finder Data to 11 Nov 2026 |
| Median asking price per sq ft | Not stated | |||
| Lowest asking price | Not stated | |||
| Highest asking price | Not stated | |||
| Sale adverts | 3 | Residential | Nov 2026 – Nov 2026 | Property Finder Data to 11 Nov 2026 |
Rents
| Figure | Value | Property type | Period | Source |
|---|---|---|---|---|
| Annual rent | Not stated | |||
| Annual rent per sq ft | Not stated | |||
| Number of rent contracts | Not stated | |||
Charts
Property Finder Nov 2026 – Nov 2026
AED 2.12M
Developer website Nov 2026 – Nov 2026
AED 2.25M
Bars run from the lowest figure up. The darker bar is the one this page leads with. These are prices sources quote, not deals.
Show as a table
| What it measures | Value | Source | Period |
|---|---|---|---|
| Property Finder | AED 2.12M | Property Finder | Nov 2026 – Nov 2026 |
| Developer website | AED 2.25M | Developer website | Nov 2026 – Nov 2026 |
Data we don't have yet (6)
- Sale price per sq ft, last 12 monthsNeeds at least two months of recorded sales.
- Annual rent per sq ft, last 12 monthsNot enough dated rent contracts yet. The contracts on record start in the future or are too few to show a trend.
- Sales per monthNo dated sales on record for the last 12 months.
- Price per sq ft against the areaNo source gives both this project and its area.
- Rental yield against similar projectsNo similar project with rent and price figures is in the directory yet.
- Construction progress over timeOnly one progress report is on record, so there is no trend to draw.
Investment analysis
Gross Rental Yield
Not stated
Net Rental Yield
Not stated
Payback Period
Not stated
Capital Appreciation
Not stated
- Rental Yield reported by a source
- Not stated
- ROI
- Not stated Depends on your resale price and holding period. Enter them in the calculator below.
- Average monthly rent
- Not stated
- Service charge, yearly
- Not stated
- Maintenance, yearly
- Not stated
- Buying costs (assumed)
- 4% + AED 580 DLD transfer fee and title deed, from secondary sources. Agent and trustee fees are not included.
Run your own numbers
Filled in from the leading figures above. Replace them with the real quote for your unit. Nothing you type is stored.
Total acquisition cost–
Gross yield–
Net yield–
Payback–
Monthly rent–
ROI over the holding period–
Location
Distances
| Place | Kind | By road | Straight line | By car | Source |
|---|---|---|---|---|---|
| Emaar Properties metro station (OSM name: إعمار العقارية) | Metro | 11.3 km | 4.7 km | 14 min | OpenStreetMap |
| Burj Khalifa / The Dubai Mall | Downtown Dubai | 10.5 km | 5.8 km | 15 min | OpenStreetMap |
| Dubai International Airport (DXB) | Airport | 19.5 km | 10.5 km | 21 min | OpenStreetMap |
| Shopping | Not stated | ||||
| Barraquer Eye Hospital | Hospital | 8.5 km | 4.8 km | 12 min | OpenStreetMap |
| North London Collegiate School | School | 8.9 km | 2.0 km | 13 min | OpenStreetMap |
Around the project
- Meydan RacecourseDeveloper website
- Downtown Dubai, Burj Khalifa and Dubai MallDeveloper website
- Business BayDeveloper website
Compared with other projects
| Project | Status | Height | Floors | Units | Progress | Completion | Price |
|---|---|---|---|---|---|---|---|
| Vision Iconic | Under Construction | 341 m | 67 | 1,453 | 0% | Dec 2028 | AED 2.25MStarting from |
| Serenz by Danube | Under Construction | Not stated | 50 | 1,227 | 4% | Dec 2029 | AED 1.1MStarting from |
| Binghatti Skyterraces | Under Construction | Not stated | 40 | 1,886 | 0% | Oct 2027 | AED 774,999Starting from |
| Creek Haven | Under Construction | Not stated | Not stated | 594 | 1% | Mar 2030 | AED 1.86MStarting from |
Every figure here is a research figure. Prices are the headline figure of each project, so they are not always the same kind of number: read the small line under each.
Expert analysis
Mr Amlak's reading of the sources listed on this page. It is not a rating or an opinion of the Dubai Land Department.
Strengths
Official DLD registration with an escrow account at Mashreq Bank, a unit count that matches between the developer and DLD (1,453), and a broad amenity programme announced across Binghatti City.
Based on: DLD project status and developer pageWeaknesses
Sizes and counts per unit type are not published and renders are the only imagery; the construction start date and floor count differ between sources.
Based on: Developer page vs Property Finder and CTBUHInvestment opportunities
The developer's starting price is AED 2.25M for a one-bedroom and the reported 20/20/60 plan spreads payment until handover. A real comparison needs the tower's own registered price per sq ft once sales are recorded; no profit is guaranteed.
Based on: Developer starting price and Property Finder plan (unverified)Investment risks
Construction stands at 0% and the December 2028 completion is a developer plan. Delays, specification changes and date discrepancies are possible; nothing is certain until handover.
Based on: DLD progress 0% at 2026-07-28Market reading
This year's DLD open data holds no sale under this tower's name; the 23 pre-registrations of the master development (AED 8M to 50M, median about AED 5,500 per sq ft) are registered under the master development's name and cannot be matched to this tower, so they are no basis for it. There is no rent, service charge or price trend yet.
Based on: DLD Open Data, queried 2026-11-11Conclusion
Vision Iconic is an early-stage tower with a DLD-confirmed identity. Its core facts (developer, number, units, planned date) are documented, but real prices, unit sizes and the final handover still need confirmation from the developer.
Documents and official pages
Sources
| Source | Kind | Items | Latest data date | Last checked |
|---|---|---|---|---|
| Dubai Land Department — Project Status | Official | 18 | 11 Nov 2026 | 11 Nov 2026 |
| Dubai Land Department — Open Data | Official | 3 | 11 Nov 2026 | 11 Nov 2026 |
| Developer website | Developer | 19 | 11 Nov 2026 | 11 Nov 2026 |
| Property Finder | Listings portal | 8 | 11 Nov 2026 | Not stated |
| OpenStreetMap | Reference | 6 | Not stated | Not stated |
| CTBUH | Reference | 4 | 11 Nov 2026 | Not stated |
Photo credits
| Photo | Credit | Licence | Source |
|---|---|---|---|
 Vision Iconic exterior, developer render | © Binghatti | Developer marketing material | Source page |
 Vision Iconic tower facade at night, render | © Binghatti | Developer marketing material | Source page |
 Vision Iconic pool amenities, render | © Binghatti | Developer marketing material | Source page |
 Vision Iconic podium terrace, render | © Binghatti | Developer marketing material | Source page |
 Vision Iconic lobby, render | © Binghatti | Developer marketing material | Source page |
 Vision Iconic living room, render | © Binghatti | Developer marketing material | Source page |
 Vision Iconic bedroom, render | © Binghatti | Developer marketing material | Source page |
 Vision Iconic 2-bedroom floor plan | © Binghatti | Developer marketing material | Source page |