Overview

Property Description

As the first development complex by Ellington Properties in the booming area of Jumeirah Lakes Towers in Uptown Dubai, Mercer House consists of two towers linked by a podium. The project is dedicated to wellness, retail, sports, and hospitality. From 513 square feet to 9,456 square feet, the property sizes range from studios to 1-3 bedroom apartments. Units include a laundry room, one or two balconies, a powder room, and a study. Select properties include a maid's room and a study. Owners of penthouses will enjoy luxury and comfort with their private swimming pool, pool deck, lounge area, show kitchen, and pantry. With an integrated downdraft hood slider with a touch control and charcoal filter, the kitchens are fitted with drop-in stainless steel kitchen sinks and a pop-up downdraft hood slider. AED 2M (USD 545K) is the starting price for an apartment in Mercer House as of December 2023. *Prices are valid for 2023 The current market indicators can be used to calculate the estimated profit if you are considering renting out your property. The Jumeirah Lake Towers area, where Uptown Dubai is located, has an impressive 6.2% ROI for 1-bedroom apartments as of Q4 2023, according to Property Finder. As a property owner, you can expect significant returns from investing in Mercer House, which costs AED 50K (USD 14K) per year. Aside from the possibility of receiving a high ROI, real estate in Mercer House offers additional benefits. In addition to obtaining a 10-year Golden visa, you can also secure long-term residency for your spouse, children, and domestic staff with a minimum purchase amount of AED 2M (USD 545K).

Location