Mercer House South Tower

P3 — Under Development Off-Plan Primary
Developer Ellington Properties Development L.L.C
Community Jumeirah Lake Towers
Property type Apartment
Data updated Mar 25, 2026

Mercer House South Tower is a Under Development development by Ellington Properties Development L.L.C in Jumeirah Lake Towers. 237 units across 2 Bedroom (40%), 1 Bedroom (32%), Studio (19%). Over the trailing 12 months, 240 sales at a median of AED 3,761,828.

Key Metrics
Median Price
Value
AED 3,761,828
Change
55.0% YoY
Transactions
Value
240
Change
28 in period
Price / sqft
Value
AED 2,547
Handover Status
Value
P3
Change
Under Development
Median Price
AED 3,761,828
↑ 55.0% YoY
Transactions
240
↑ 28 in period
Price / sqft
AED 2,547
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
6.0%
Community avg
Holding Period
Value
5.7 yrs
Community avg
Ready Market Mix
Value
0.0%
Community avg
Capital Return
6.0%
Community avg
Holding Period
5.7 yrs
Community avg
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 44 units · 19%
1 Bedroom 76 units · 32%
2 Bedroom 95 units · 40%
3 Bedroom 22 units · 9%

Transaction Breakdown

All time — 240 transactions
Off-Plan Primary
237
Off-Plan Secondary
3

Price History

Median Price — Mercer House South Tower

Median prices in Mercer House South Tower have risen sharply, up 43% from AED 4.0M to AED 5.8M over the past 11 months.

Recent Transactions

Showing last 10 of 240
Date Type Price (AED) Size (sqft) AED/sqft
Mar 25, 2026 OP Primary 6,796,828 2,589 2,624
Mar 18, 2026 OP Primary 4,801,828 1,679 2,859
Feb 06, 2026 OP Primary 3,688,828 1,491 2,472
Feb 06, 2026 OP Primary 6,738,828 2,569 2,622
Jan 15, 2026 OP Primary 3,873,828 1,491 2,596
Nov 21, 2025 OP Secondary 1,130,000 513 2,199
Nov 10, 2025 OP Primary 1,456,828 550 2,648
Nov 05, 2025 OP Primary 2,035,828 955 2,129
Oct 28, 2025 OP Primary 4,048,828 1,479 2,737
Sep 26, 2025 OP Primary 4,531,828 1,597 2,836

This project is in Jumeirah Lake Towers

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