Mercer House comes as the first development complex by Ellington Properties in the thriving area of Uptown Dubai, Jumeirah Lakes Towers. It comprises 2 towers which are linked by a podium. The project is dedicated to wellness, retail, sport and hospitality.
In January 2024, the developer released the North Tower at Mercer House with 325 residences in all. Similar to the first release, this phase offers studios, 1-3 bedroom apartments and 4-bedroom penthouses. The properties measure from 513 sq. ft to 9,485 sq. ft in size.
The layouts of the units include a laundry room, 1-2 balconies, and a powder room. Select properties come with a study and a maid’s room. Penthouse owners will experience luxury and comfort with their own private swimming pool, pool deck, lounge area, show and preparation kitchens, and pantry. The kitchens are fitted with integrated drop-in kitchen sinks in gunmetal gray stainless steel and an integrated pop-up downdraft hood slider with a touch control and a charcoal filter.
Mercer House will provide an abundance of exclusive amenities, including:
As of December 2023, the starting price for an apartment in Mercer House stands at AED 2M (USD 545K).
*The price is valid for 2023
Thanks to Al Khail St being located nearby, Mercer House boasts excellent connectivity to the rest of Dubai. Within about 30 minutes by car, you can reach Dubai International Airport, Business Bay and Downtown Dubai.
The complex also has easy access to many public transport links such as the JLT, Dubai Star Tower and JLT, The Dome Tower bus stops, as well as the DMCC metro station.
A few steps away from the complex, the following social facilities are available:
If you are interested in renting out your property, you can use the current market indicators to calculate the estimated profit. The Jumeirah Lake Towers area, where Uptown Dubai is located, has an impressive 6.2% ROI in 1-bedroom apartments as of Q4 2023, according to Property Finder. The starting rental price, meanwhile, is AED 50K (USD 14K) per year. This means that investing in Mercer House can yield significant returns for you as a property owner.
Investing in Mercer House real estate offers additional advantages beyond just the potential to receive a high ROI. One major benefit is the opportunity to obtain a 10-year Golden visa. With a minimum purchase amount of AED 2M (USD 545K), you can secure long-term residency not only for yourself, but also for your spouse, children and domestic staff.
*The price is valid for 2023
Ellington Properties is the developer of the complex.
It is located in Uptown Dubai, JLT.
You have the opportunity to select your dream home from a collection of studios, 1-3 bedroom apartments and a limited range of 4-bedroom penthouses.
It is scheduled for completion in Q3 2027.
You are provided with a 70/30 payment plan, with a 20% booking fee. During construction and upon completion of the project, 50% and 30% instalments, respectively, are due.
As of December 2023, the starting price for an apartment in Mercer House stands at AED 2M (USD 545K).
Yes, you can become a long-term resident of the UAE.
With a minimum purchase amount of AED 2M (USD 545K), you can secure a 10-year Golden visa for yourself, your spouse, your children and domestic staff.
Yes, since the property is freehold.
Yes, as Jumeirah Lake Towers, where Uptown Dubai is located, boasts an impressive 6.2% ROI in 1-bedroom apartments as of Q4 2023, according to Property Finder. The starting rental price, meanwhile, is AED 50K (USD 14K) per year. This means that investing in Mercer House can yield significant returns for you as a property owner.
Yes, it is a great place for single individuals, young couples and families with children. The complex offers affordable housing in an area with well-developed infrastructure. You will also have access to many exciting amenities, from a 45,000-sq. ft fully landscaped man-made beach with natural sand to a scenic sauna.
Uptown Dubai is surrounded by multiple social facilities within walking distance. Among them are Island Mini Mart, Flavors Super Market, German Clinic 2 DMCC, Modern Vet JLT, Oakfield Early Learning Center DMCC, and NoWayOut Escape Rooms Dubai, to name a few.
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