Mercer House, Jumeirah Lake Towers: Prices, Rents and Recent Sales

Updated 3 October 2026 · Source: Dubai Land Department records · All Dubai area guides

How much does it cost to buy or rent in Mercer House?

The most recent sale DLD has recorded in Mercer House was a studio for AED 1,328,828 on 22 September 2026. The latest 10 sales, all from the past 6 months, had a median of AED 2,944 per sq ft.

Source: DLD-recorded sales and Ejari contracts for Mercer House, Al Thanyah Fifth. "6 months" and "12 months" mean the 6 and 12 months to the latest data.

Recent sales in Mercer House

The latest DLD-recorded sales, newest first. Share transfers and data errors are filtered out by the DLD API.

Prices and rents by bedroom in Mercer House

Over the past 6 months, a typical studio in Mercer House sold for AED 1,392,828. Over 12 months the figures were AED 1,399,828 to buy.

Sale prices

Sale prices: median of DLD-recorded sales of each type in the 6 and 12 months to 7 October 2026 (at least 3 sales). * Busy building: median of the latest 10 sales, all inside that period. Rents: median of Ejari contracts registered in each period (at least 5), matched to each type by the building's registered unit sizes. Gross yield is annual rent divided by the sale price for the same period, before service charges and other costs. – means too few records in that period, or a figure still being compiled.

How prices have moved around Mercer House

The median price per sq ft across Jumeirah Lake Towers went from AED 1,950 in Q4 2024 to AED 2,220 in Q3 2026, up 13.8%, and up 23.3% on the same quarter a year earlier. Recent sales in Mercer House averaged AED 2,944 per sq ft, 32.6% above the district.

District figures: DLD-recorded sales across Al Thanyah Fifth, quarters with at least 10 sales. A building-level chart replaces this once enough quarterly data is loaded.

How Mercer House compares with Jumeirah Lake Towers

Recent sales here ran 46% above the Jumeirah Lake Towers median of AED 2,016 per sq ft in September 2026. The district's gross rental yield was 4.8% in the same report. Mercer House is by Eln Properties Development, and DLD recorded 212 sales in the project over the past 24 months. DLD lists 2 buildings under this project name, and the figures on this page combine them.

Market reports

For the wider picture, read our monthly reports built from the same DLD records.

• Dubai market report, August 2026: Prices firm as volume slips in August. A pause, or a turn?

Before you buy in Mercer House

• Ask for the service charge per sq ft and the last two years of statements.
• Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
• Compare the asking price with recorded sales in the same building, not just the area median.
• Get mortgage pre-approval before you make an offer, so you know your real budget.

Questions buyers and owners ask

How much is an apartment in Mercer House?

Studios sold at a median of AED 1,392,828 over the past 6 months (AED 1,399,828 over 12 months); 1-bedrooms sold at a median of AED 2,695,828 over the past 6 months (AED 2,575,828 over 12 months); 2-bedrooms sold at a median of AED 4,067,828 over the past 6 months (AED 4,067,828 over 12 months); 3-bedrooms sold at a median of AED 5,954,828 over the past 6 months (AED 6,137,828 over 12 months), based on DLD-recorded sales.

Who developed Mercer House?

Eln Properties Development, according to the DLD project register.

Which area is Mercer House in?

DLD records it in Al Thanyah Fifth, the district that covers Jumeirah Lake Towers (JLT).

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