According to www.thenationalnews.com, the prestigious brand Mercedes-Benz, along with Dubai developer Binghatti, has launched a massive project worth $8.2 billion in Dubai's Square. This project, known as 'Binghatti City', will span over 10 million square feet and will include luxury residences, cultural areas, and retail boulevards. Set to be unveiled on January 14, 2026, this development will be recognized not only as a residential complex but also as a recreational and cultural destination. Mohammed Binghatti, head of the Dubai real estate group, stated, 'This flagship project will become one of Dubai's prominent destinations.' Given the booming real estate market in Dubai, which has seen a 54% increase in sales of homes over $10 million in the third quarter of this year, this project could help bolster demand from international investors. It is also anticipated that the United Arab Emirates will reach a record of attracting 9,800 millionaire migrants in 2024. These developments reflect the growing growth and prosperity of Dubai as a global hub for investment and living. By providing amenities such as parks, transportation centers, and wellness areas, this project will enhance the city's appeal and can offer a unique experience for residents and visitors alike. For more images and additional information, refer to the news source.