Mercer House
Off-Plan

Mercer House

From AED 2.65M·Handover Sep 2027·20% down payment Payment
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AED 2.65M
Starting Price
Sep 2027
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Mercer House is an architectural marvel consisting of two towers connected by a common podium. The North Tower includes a basement level, a ground floor, 4 podium floors and 41 residential floors. The South Tower has a similar structure, but offers 34 residential floors. The project features a collection of cozy studios and apartments with 1-3 bedrooms. For those looking for spacious living spaces, four-bedroom penthouses are available. Each unit of housing is equipped with modern appliances. Finishing only with exquisite materials. Mercer House residents will appreciate a wide range of unsurpassed amenities. Among them are a multi-sports hall, a tennis court, a restaurant, an integrated pool bar, a three-level beach club, a games room, a clubhouse, a swimming pool, a sauna, an ice room and much more. Thanks to its convenient location, residents can enjoy excellent accessibility to key social infrastructure facilities, such as Uptown Plaza (1 min.), Marina Mall (6 min.), Emirates Golf Club (10 min.), Mall of the Emirates (15 min.), Palm Jumeirah (17 min.), Burj Al Arab (18 min.) Dubai Mall & Burj Khalifa (22 min.), Al Maktoum International Airport (25 min.), Dubai International Airport (30 min.). There are JLT bus stops, Dubai Star Tower, The Dome Tower and DMCC Metro station nearby (5 min.).

Project Specifications
DeveloperEllington Properties
LocationJumeirah Lake Towers (JLT)
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaJumeirah Lake Towers (JLT)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 114,348 / year
Cash-on-Cash
2.2%
Levered cashflow AED 26,898
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 172,250 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Mercer House launch basis2,944AED 2.65MCurrent launch / asking basis
Jumeirah Lake Towers (JLT) ready-stock comps1,500AED 1.35MIndicative resale benchmark
Jumeirah Lake Towers (JLT) premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Mercer House official render 1

Mercer House official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Ellington Properties.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Mercer House — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Bar
Basketball court
Bike path
Cabanas
Central A/C
Children’s pool
Club house
Covered Kids Play Area
Covered Parking
Coworking zone
Infinity pool
Kids Play Area
Kids splash pad
Landscape Open Areas
Lavish Sundeck
Leisure areas
Lift
Lobby
Open Kids Play Area
Open air gym
Outdoor parking
Paddle court
Parking
Pool Deck
Retail outlets
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Sports ground
Tennis court
Valet parking
Volleyball
Yoga Area

Location

Jumeirah Lake Towers (JLT)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Lake Towers (JLT)Jumeirah Lake Towers (JLT)Dubai, UAE

Developer Track Record

01

Mercer House by Ellington Properties

02

Located in Jumeirah Lake Towers (JLT)

03

Starting from AED 2,650,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Sep 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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