Apartment 1-room 1+0 studio in Dubai downtown 48m²

Mercer House Mercer House is the first development from Ellington Properties in Dubai's thriving Uptown, Jumeirah Lakes Towers. It will consist of two skyscrapers with a common podium, which will house wellness amenities, retail outlets, sports facilities, etc. In January 2024, the developer announced North Tower with 325 residences in Mercer House. This phase includes studios, 1-3 bedroom apartments and 4 bedroom penthouses. The area of the objects varies from 48 sq. m up to 881 sq. m. All residences will have a laundry room, 1-2 balconies and a powder room. Some have an office and a maid's room. Penthouse owners have at their disposal a private pool with a terrace, a lounge area, a demonstration and prep kitchen and a storage room. The kitchens will feature built-in bronze-grey stainless steel sinks and built-in pull-out hoods with touch controls and a carbon filter. Mercer House will have a variety of exclusive amenities including: retail outlets, multi-sports hall, tennis court, indoor padel tennis courts, squash courts, 4,181 sq. m landscaped artificial beach. m with natural sand, integrated pool bar, 3-story beach club with dining areas and terrace on the top floor, submarine-themed children's play area with outdoor play area, arcade area with singing and dancing area, family pool with sun loungers and bungalows, a swimming pool overlooking the Uptown Dubai District, a fitness studio with an interactive area for cyclists with a light ring that lights up when you pedal, a sauna with relaxing short nature clips. Location With Al Khail St nearby, residents of Mercer House will have easy access to various areas of Dubai. Dubai International Airport, Business Bay and Downtown Dubai are 30 minutes' drive away. There are several public transport stops around the complex. These include JLT Bus Stops, Dubai Star Tower and JLT, The Dome Tower and DMCC Metro Station. A few steps from Mercer House there are many social infrastructure facilities, including: Island Mini Mart, Flavors Super Market, German Clinic 2 DMCC, Modern Vet JLT, Oakfield Early Learning Center DMCC, NoWayOut Escape Rooms Dubai. Economic attractiveness If you plan to rent out your property, you can calculate your potential income based on current market indicators. As of the fourth quarter of 2023, the ROI for one-bedroom apartments in Jumeirah Lake Towers, which includes Uptown Dubai, is 6.2%, according to Property Finder. The starting rental price is AED 50 thousand (USD 14 thousand). Owners of property in Mercer House will be able to obtain a 10-year Golden Visa, which is issued for an investment of AED 2 million (USD 545 thousand). It will allow you and your family to live and work in the UAE and sponsor household staff. Payment Plan 20% Booking 10% 60 days after booking date 10% 120 days after booking date 5% 240 days after booking date 5% 360 days after booking date 5% Upon completion 30% 5% Upon completion 40% 5% Upon completion 50 % 5% Upon completion 60% 30% Upon transfer to 3Q 2027