Mercer House: off-plan project in DMCC Master Community
Mercer House is an off-plan residential apartment project in DMCC Master Community, registered with the Dubai Land Department as project no. 2990 and developed by Eln Properties Development L.L.C. From October 16, 2025 to October 16, 2026, 53 off-plan sales were registered there at a median price of AED 2,784,828 (AED 2,615 per sq ft); 80% of sales fall between AED 1,386,428 and AED 5,934,628.
- 53off-plan sales in 12 months
- AED 2,784,828median sale price
- AED 2,615median price per sq ft
- 5.8%construction progress (DLD)
- July 2027end date in the register
- 610registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 2,615 per sq ft, Mercer House is 13% above the median of off-plan sales across the 11 projects tracked in DMCC Master Community (AED 2,313 per sq ft), and 47.9% above the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 53 off-plan sales in 12 months, about 4 a month; number 7 by sales in DMCC Master Community over the period.
- Construction: 5.8% complete in the DLD register, construction is at an early stage; planned end July 2027.
- Profile: a varied offer, 4 unit types sold, the most popular (apartment · 2 bedrooms) at 30.2% of sales.
Mercer House: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 2990 |
| Registered developer | Eln Properties Development L.L.C (developer no. 1466) |
| Master developer | Dubai Multi Commodities Centre Authority |
| Community (master project) | DMCC-EZ1 |
| DLD area | Al Thanyah Fifth |
| Register status | active |
| Construction progress | 5.8% |
| Project start | March 1, 2024 |
| Planned end | July 31, 2027 |
| Registered units | 610 units |
| Buildings | 2 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Mercer House off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 1,392,828.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 13 | AED 1,392,828 | 1,169,366 – 1,500,828 | 51 m² (549 sq ft) | AED 2,541 |
| Apartment · 1 bedroom | 15 | AED 2,500,000 | 2,214,228 – 2,764,428 | 87 m² (936 sq ft) | AED 2,652 |
| Apartment · 2 bedrooms | 16 | AED 4,029,328 | 3,461,328 – 4,672,328 | 139 m² (1,496 sq ft) | AED 2,635 |
| Apartment · 3 bedrooms | 9 | AED 5,971,828 | 5,621,828 – 6,917,028 | 239 m² (2,573 sq ft) | AED 2,625 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · 2 bedrooms: 30.2% of off-plan sales, with a median size of 139 m² (137 to 156 m² for 80% of them).
- Apartment · 2 bedrooms: 30.2% (16 sales)
- Apartment · 1 bedroom: 28.3% (15 sales)
- Apartment · Studio: 24.5% (13 sales)
- Apartment · 3 bedrooms: 17% (9 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Mercer House off-plan price by quarter
The median off-plan price per sq ft moved from AED 2,390 in Q3 2024 to AED 2,876 in Q3 2026 (+20.3%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q3 2024 | 263 | AED 2,390 | — |
| Q4 2024 | 116 | AED 2,486 | +4% |
| Q1 2025 | 66 | AED 2,530 | +1.8% |
| Q2 2025 | 37 | AED 2,498 | -1.3% |
| Q3 2025 | 23 | AED 2,532 | +1.4% |
| Q4 2025 | 14 | AED 2,636 | +4.1% |
| Q1 2026 | 12 | AED 2,642 | +0.2% |
| Q2 2026 | 18 | AED 2,475 | -6.3% |
| Q3 2026 | 12 | AED 2,876 | +16.2% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in DMCC Master Community
To gauge the rental market around Mercer House: annual rents of Ejari contracts registered in DMCC Master Community over the last 12 months (8,414 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 1,661 | AED 58,000 | 52,000 – 65,000 |
| Apartment · 1 bedroom | 4,007 | AED 80,000 | 71,000 – 95,000 |
| Apartment · 2 bedrooms | 2,196 | AED 120,000 | 100,000 – 150,000 |
| Apartment · 3 bedrooms | 501 | AED 140,000 | 116,402 – 180,000 |
| Apartment · 4 bedrooms | 34 | AED 212,500 | 170,850 – 278,056 |
| Apartment · 5+ bedrooms | 15 | AED 420,000 | 200,000 – 1,072,500 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is Mercer House?
Mercer House is in DMCC Master Community (DLD area Al Thanyah Fifth), Dubai.
Further reading
- All off-plan projects in DMCC Master Community
- All DLD sales at Mercer House (new and resale)
- DMCC Master Community property prices
- DMCC Master Community rents
- All Eln Properties Development L.L.C projects
Other off-plan projects in DMCC Master Community
- Diamondz By Danube — AED 2,442/sq ft
- Seven City JLT — AED 1,249/sq ft
- MBL Signature — AED 2,313/sq ft
- Hilton Residences Dubai Jumeirah Lakes Towers — AED 3,103/sq ft
- Uh East by Ellington — AED 1,904/sq ft
- Uh West by Ellington — AED 1,925/sq ft
- Saba 4 — AED 2,550/sq ft
- Viewz 2 By Danube — AED 2,326/sq ft
Same budget elsewhere in Dubai (around AED 2,784,828)
- DAMAC Riverside - Ivy, Dubai Investment Park Second — AED 2,778,000
- MAS Barsha Residency, Al Barsha First — AED 2,791,746
- One by Binghatti, Business Bay — AED 2,774,999
- DAMAC Riverside - Olive, Dubai Investment Park Second — AED 2,793,000
- 320 Riverside Crescent, Bukadra — AED 2,754,811
- The Crestmark, Business Bay — AED 2,793,828
Projects presented by Cevitas
Frequently asked questions
How much does a home at Mercer House cost?
Over the last 12 months, the 53 off-plan sales registered with the DLD show a median price of AED 2,784,828, or AED 2,615 per sq ft; 80% fall between AED 1,386,428 and AED 5,934,628. The developer's current prices are on its price list.
When will Mercer House be completed?
In the DLD project register (as of 15/06/2026), the project is "active", 5.8% complete, with a planned end date of July 31, 2027. The handover date is confirmed by the developer.
Who is the developer of Mercer House?
The DLD register lists Eln Properties Development L.L.C (developer no. 1466), in a community developed by Dubai Multi Commodities Centre Authority.
What unit types are sold at Mercer House?
Off-plan sales over the last 12 months cover: apartment · 2 bedrooms (16), apartment · 1 bedroom (15), apartment · studio (13), apartment · 3 bedrooms (9). Best-selling type: apartment · 2 bedrooms, at a median AED 4,029,328 for 139 m².
Has the price per sq ft at Mercer House changed?
The median off-plan price moved from AED 2,390 per sq ft in Q3 2024 to AED 2,876 in Q3 2026, based on DLD-registered sales.
How do I get the Mercer House price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.