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A $1 Billion Mercedes-Benz-Branded Luxury Tower Is Being Built in Dubai
Anew Mercedes-Benz-branded apartment building will begin to rise in Dubai this year. The $1 billion, 65-story tower, built by local real-estate developer Binghatti Properties, will break ground in the coming months. It will offer 150 residences, consisting of two- to four-bedroom units and five penthouses. Pricing starts at $2.7 million. Located in Dubai’s downtown, the futuristic-looking tower will feature views of the Burj Khalifa, the world’s tallest skyscraper. The tower will also have mixed-use facilities, including restaurants, sports and wellness zones, lounges, and non-automotive retail and exhibition ... (full story)