New homes in Mercer House start at AED 2,000,000; keys are due Sep 2027; you pay 20% to book, 50% while it is built and 30% at the keys.
Keys
Sep 2027
The developer's handover date
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
Studio to 4 beds
Sizes
513 to 9,455 sq ft
Ownership
Freehold
Property types
Apartment, Penthouse, and Duplex
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 3,899 per sq ft
At the smallest size listed
RERA project
2990
Check it in Dubai REST, the Dubai Land Department's official app.
Built
18%
Being built. DLD register, Nov 11, 2026
Completion on the register
Jul 2027
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك ابوظبى التجارى
The bank that holds your payments
Registered homes
610
In 2 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 400,000+ AED 80,000 DLD fee
AED 480,000
Feb 2027While it is built · 16.7%
While it is built
16.7%
AED 333,333
AED 813,333
Apr 2027While it is built · 16.7%
While it is built
16.7%
AED 333,334
AED 1,146,667
Jul 2027While it is built · 16.7%
While it is built
16.7%
AED 333,333
AED 1,480,000
Sep 2027Keys · 30%
Keys
30%
AED 600,000
AED 2,080,000
Booking payment, 20%
AED 400,000
Dubai Land Department fee (Oqood), 4%
AED 80,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 480,000
Total costPrice plus the DLD fee
AED 2,080,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 11 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in MERCER HOUSE, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 11 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in MERCER HOUSE, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,497 per sq ft
AED 2,199 to AED 2,311 per sq ft
2 sales
AED 2,311 to AED 2,422 per sq ft
3 sales
AED 2,422 to AED 2,534 per sq ft
1 sale
AED 2,534 to AED 2,645 per sq ft
2 sales
AED 2,645 to AED 2,757 per sq ft
2 sales
AED 2,757 to AED 2,868 per sq ft
0 sales
AED 2,868 to AED 2,980 per sq ft
0 sales
AED 2,980 to AED 3,091 per sq ft
1 sale
AED 2,199 per sq ftAED 3,091 per sq ft
This project AED 3,899 per sq ft, above every sale
Half of the sales sold for AED 2,385 to AED 2,605 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 2,199 to AED 2,311 per sq ft
2
AED 2,311 to AED 2,422 per sq ft
3
AED 2,422 to AED 2,534 per sq ft
1
AED 2,534 to AED 2,645 per sq ft
2
AED 2,645 to AED 2,757 per sq ft
2
AED 2,757 to AED 2,868 per sq ft
0
AED 2,868 to AED 2,980 per sq ft
0
AED 2,980 to AED 3,091 per sq ft
1
The 3 closest sales
Picked from the 11 similar sales above, closest in size to this project's smallest home.
Feb 2026AED 1,380,828AED 2,689 per sq ftMERCER HOUSE - NORTH TOWER, 513 sq ft
Sep 2026AED 1,129,828AED 2,199 per sq ftMERCER HOUSE - SOUTH TOWER, 514 sq ft
Nov 2025AED 1,130,000AED 2,199 per sq ftMERCER HOUSE - SOUTH TOWER, 514 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Lake Towers in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 2,000,000 here
Off-plan medianAED 1,134,000AED 2,324 per sq ft
Sales274
Check the from price
1-bed apartment
Off-plan medianAED 2,058,000AED 2,474 per sq ft
Sales855
2-bed apartment
Off-plan medianAED 3,237,000AED 2,466 per sq ft
Sales523
3-bed apartment
Off-plan medianAED 4,176,000AED 2,444 per sq ft
Sales127
4-bed apartment
Off-plan medianToo few sales for a median
Sales15
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
3.1%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
2.6%
Typical gross yield of similar ready homes
8.1%
Median rent of studio apartments in Jumeirah Lake Towers
AED 61,776 a year
Service charge a year, from the keysThe area median, AED 15 per sq ft from 20 buildings, as of 2023, for the smallest home (513 sq ft)
AED 7,695
Rent contracts counted
891
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 61,776 a year
1-bed apartment
AED 85,000 a year
2-bed apartment
AED 125,000 a year
3-bed apartment
AED 170,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 61,776 ÷ AED 2,000,000 = 3.1%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
DMCC Metro Station1.1 km, 2 min driveMetro station
JBR beach1.9 km, 7 min driveBeach
Marina Walk2.8 km, 9 min driveWaterfront
Emirates International School - Meadows1.7 km, 3 min driveSchool
The Winchester School3.1 km, 9 min driveBritish school
Delhi Private School3.1 km, 7 min driveIndian school
Ellington's Mercer House in Jumeirah Lake Towers offers studios to four-bedroom apartments, duplexes and penthouses from AED 2,000,000, with handover listed for September 2027. DMCC Metro Station is about 1.1 km away.
Mercer House has two towers joined by a podium. Homes range from studios to four bedrooms, with the four-bedroom homes sold as duplex penthouses, from 513 to 9,455 sq ft. Layouts include a laundry room, a powder room and one or two balconies, and some homes add a study and a maid's room. Penthouses have their own pool and pool deck, a lounge, and both a show kitchen and a preparation kitchen.
The plan is 20 / 50 / 30. At the from price of AED 2,000,000, you pay AED 400,000 on booking, AED 1,000,000 during construction and AED 600,000 at handover. The 4% Land Department fee adds AED 80,000. The plan does not give dates for the construction payments, so ask for the full schedule.
The listed handover is September 2027, about 10 months from now. Ask Ellington for the latest construction progress before you pay.
DMCC Metro Station is about 1.1 km away, and a clinic about 180 m. Emirates International School - Meadows is about 1.7 km away, a 3-minute drive. JBR beach is about 1.9 km away, around 7 minutes by car, and The Montgomerie Golf Club about 2 km. Shared facilities listed by the developer include a gym, a shared pool, a children's pool, a children's play area and covered parking.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Type A
1 BR
Type B
Type A
Type S
Type B
Type S
Type Duplex
Type A
Type B
How prices moved
Median price of studio apartments in Jumeirah Lake Towers, over the 12 months to each dateUp 4% from Dec 2024 to Sep 2026.
Dec 2024AED 2,229 per sq ft
Sep 2026AED 2,324 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 2,324 per sq ft
274 sales
Jun 2026
AED 2,321 per sq ft
331 sales
Mar 2026
AED 2,334 per sq ft
375 sales
Dec 2025
AED 2,482 per sq ft
532 sales
Sep 2025
AED 2,622 per sq ft
628 sales
Jun 2025
AED 2,679 per sq ft
855 sales
Mar 2025
AED 2,585 per sq ft
844 sales
Dec 2024
AED 2,229 per sq ft
796 sales
Off-plan sales only.
Questions about this project
What can I buy in Mercer House?
Studios and apartments of up to three bedrooms, plus four-bedroom penthouses on two floors. Sizes run from 513 to 9,455 sq ft.
How much is due before handover?
70% of the price: AED 400,000 on booking and AED 1,000,000 during construction at the from price, then AED 600,000 at handover. Separately, the 4% Land Department fee comes to AED 80,000; ask when it is due.
When is handover?
The listed handover is September 2027, about 10 months away.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.
What do the penthouses include?
A private pool and pool deck, a lounge area, a show kitchen, a preparation kitchen and a pantry.
