From € 500.000
Apartment, Penthouse / Sky edition
December 2024
Jumeirah Lake Towers
Gave Beachclub

Description

Mercer House

Mercer House, a masterpiece by Ellington Properties, is designed for those who value luxury and comfort above all else. This prestigious project offers a range of high-quality residences, ideal as an investment, for self-occupation with a Golden Visa, or as a retirement plan due to its excellent rental potential. Located in the vibrant district of Jumeirah Lake Towers, Mercer House represents refinement, innovation, and future-proof value.


Location

Nestled in the green zone of Jumeirah Lake Towers, Mercer House is situated in a thriving area popular among expats and a hub of growth. The neighbourhood offers easy access to Dubai’s best restaurants, shopping destinations, and cultural landmarks.


Amenities

Mercer House provides an extensive array of facilities for ultimate living comfort:

  • Stunning swimming pool and children's pool
  • State-of-the-art fitness centre
  • Tranquil green gardens
  • Valet parking and concierge services
  • Luxury lobby with modern architectural design
  • 24/7 security and surveillance

Unique Selling Points (USPs)

  • Renowned Developer: Ellington Properties, known for its legacy with Emaar, including the Burj Khalifa and Downtown Dubai.
  • Affordable Entry Price: A rare opportunity to acquire a luxury property at a relatively low price for a central location.
  • Expat-Friendly: Jumeirah Lake Towers is the number one location for expats, with high expected value appreciation.
  • Sustainable Design: Energy-efficient homes with smart technology for a greener future.
  • Outstanding Rental Potential: Ideal for both long- and short-term rental, making it a perfect retirement investment.

Rental Potential

With an estimated gross rental income of €70,000 per year, Mercer House offers excellent rental returns. In Dubai, annual rent is typically paid upfront, with a three-month deposit for furnished units, ensuring stable income for investors.


Completion

Expected delivery in Q4 2025.


Project Details

  • Unit Types: 1-, 2-, and 3-bedroom apartments, as well as luxury penthouses
  • Price per m²: €7,036
  • Starting Price: €836,000 (including parking and amenities)
  • Availability: Only 14 units remaining

Financial Details

  • Gross Rental Income per Year: €70,000
  • Net Rental Income per Year: €65,200
  • Service Charges: €4,800 annually (€40 per m²)
  • Net Yield: 7.8%
  • Net Monthly Rental Income: €5,433 (including service charges)

Payment Plan

Flexible 70/30 payment structure, ideal for investors seeking affordable and reliable payment terms.


Interested?

Download the brochure, price list, payment plan, and materials at the bottom of the page. Availability and pricing are updated weekly and available upon request. Your dream home awaits—discover Mercer House today!

Features

Status
Available
Price
From € 500.000
Payment plan
70/30
Location
Jumeirah Lake Towers
Handover
December 2024
Developer
Ellington
Klasse
ultra-luxe
Type
Apartment, Penthouse / Sky edition
Units
14
Bedrooms
2 bedrooms - 3 bedrooms
Surface
120 m² - 200 m²

Location

Init screen background

Key amenities

receptie

24/7 reception

sauna

Sauna Finnish & Turkish

community lifestyle

Community lifestyle

parkeerplaats

Own Parking spot

game

Gameroom

hardloop track

Runningtrack

kinderspeeltuin

Kindergarden

fitness

Fitness

Clubhouse

Clubhouse

panoramic view

Skyview

restaurant

Restaurants & Lunchrooms

shopping mall

Shops

Contact Us

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Arthur Andreas

Owner lxry properties

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