# Mercer House

Mercer House is a project by Eln Properties Development L.L.C, recorded at 18% complete at its last Dubai Land Department inspection. 59 sales registered in the trailing 12 months at a median AED 2.80M (2 619 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Eln Properties Development L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 18% | DLD verified |
| Registered with DLD | 14 Jun 2024 | DLD verified |
| Construction started | 1 Mar 2024 | DLD verified |
| Declared completion | 31 Jul 2027 | DLD verified |
| Units in the project | 610 | DLD verified |
| Project area | 81 628 sqm | DLD verified |
| Escrow agent | Abu Dhabi Commercial Bank | DLD verified |
| Project number | 2990 | DLD verified |

Mercer House is a project by Eln Properties Development L.L.C, recorded at 18% complete at its last Dubai Land Department inspection. 59 sales registered in the trailing 12 months at a median AED 2.80M (2 619 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 2.80M | -17.6% |
| Interquartile range | AED 2.08M – AED 4.60M | |
| Median price per sqft | 2 619 AED | +4.4% |
| Registered sales, 12 months | 59 | -75.7% |
| Off-plan share | 100.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 14 | AED 1.40M | 2 519 | 552 sqft | — | — |
| 1-bedroom apartments | 16 | AED 2.50M | 2 656 | 940 sqft | — | — |
| 2-bedroom apartments | 17 | AED 4.05M | 2 659 | 1 492 sqft | — | — |
| 3-bedroom apartments | 9 | AED 5.97M | 2 625 | 2 569 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Jul 2026 | 6 | 2 944 | 2 833 – 2 961 |
| Jun 2026 | 11 | 2 424 | 2 333 – 2 576 |
| May 2026 | 1 | insufficient data | |
| Apr 2026 | 6 | 2 525 | 2 467 – 2 649 |
| Mar 2026 | 3 | insufficient data | |
| Feb 2026 | 6 | 2 641 | 2 553 – 2 664 |
| Jan 2026 | 3 | insufficient data | |
| Dec 2025 | 1 | insufficient data | |
| Nov 2025 | 6 | 2 529 | 2 268 – 2 633 |
| Oct 2025 | 7 | 2 737 | 2 638 – 2 751 |
| Sep 2025 | 14 | 2 482 | 2 361 – 2 541 |
| Aug 2025 | 3 | insufficient data | |
| Jul 2025 | 6 | 2 642 | 2 573 – 2 736 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/mercer-house/  
**Suggested citation:** Continental Club Property, "Mercer House", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/mercer-house/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.
