DLD open data through 22 October 2026 · updated weeklyIndependent: no developer or broker pays to appear or to rank.
ZoneIQ

Mercer House

Under construction

by Eln Properties Development · DMCC Master Community, JLT

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Mercer House is AED 2.80M (AED 2,619 per sqft), 62% above the DMCC Master Community, JLT median of AED 1,619 per sqft, from 59 sales in the last 12 months. It is 18% built, with handover planned for Jul 2027. The escrow account is at Abu Dhabi Commercial Bank.

Build progress18%
Planned handoverJul 2027
Units610
Median priceAED 2.80Mmiddle half AED 2.08M to AED 4.60M
Price / sqftAED 2,619area median AED 1,619
Sales, 12 months59567 since launch

Schedule check

Built18%
Planned time used77%

Build progress is 59 pts behind the share of time used.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number2990
Escrow bankAbu Dhabi Commercial Bank
Start date1 March 2024
Registered14 June 2024
DLD areaAl Thanyah Fifth

Compare with other projects in DMCC Master Community, JLT

ProjectDeveloperStatusMedian pricePrice / sqftSales
Mercer HouseEln Properties Development18%AED 2.80M2,61959
Seven City JltSeven Tides Real Estate Development28%AED 620K1,258114
Armada TowersMohammad Rahif HakmiReadyAED 1.06M1,32361
Jumeirah Business Centre1Al Fajer PropertiesReadyAED 3.31M–57
Hilton Residences Dubai Jumeirah Lakes TowersEmirates Mezna For Real Estate Development L L C - Dubai Branch63%AED 1.27M3,10365
Uh East By EllingtonEllington Properties Development47%AED 1.80M1,90562

Areas: DMCC Master Community, JLT

Questions buyers ask

How much does a home in Mercer House cost?

The median DLD sale price is AED 2.80M (AED 2,619 per sqft), from 59 sales in the last 12 months. The middle half of sales ran from AED 2.08M – AED 4.60M.

When is the handover of Mercer House?

The DLD registry shows a planned completion date of Jul 2027. Build progress is 18%. Build progress is 59 pts behind the share of time used.

Who is the developer of Mercer House?

Eln Properties Development. The DLD registry lists 1 projects by this developer, 0 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.