1 bedroom apartment for sale in Uptown, Uptown Dubai, Dubai, UAE. 90.7 m². №1354

Introducing Ellington Properties’ Mercer House in Uptown Dubai, a new standard of luxury living surrounded by wellness, retail and hospitality. The complex offers breathtaking views of Jumeirah Island, the Dubai Marina skyline, Ain Dubai and the Arabian Gulf. Construction of Mercer House is scheduled to be completed in the 3rd quarter of 2027.

Location:

• Close to First Al Khail St and Sheikh Zayed Road, providing easy access to other areas in and around the emirate. Travel time to Dubai International Airport and Al Maktoum International Airport takes approximately 40 minutes.
• Nearby educational institutions include Baby Home Nursery, Kids Kingdom Nurseries and Rainbow Valley Nursery. For older children, Dubai British School – Jumeirah Park and Taaleem British School are located in close proximity to Mercer House.
• Medical facilities near the complex include Express clinic – Hala pharmacy, Armada Medical Center and Medcare Medical Centre, Marina. Travel time to these medical facilities also takes about 10 minutes by car.

All of the above mentioned establishments, with the exception of the airport, can be reached in approximately 10 minutes.

Economic attractiveness:

• Investors can rent out luxury residences and earn passive income, with the average rental price for a 1-bedroom apartment in Uptown Dubai reaching AED 113 ($31,000) per year as of Q4 2023.
• Another profitable option is to buy an off-plan property and resell it at a higher price after the development is completed, since property prices will rise as the project progresses.
• Upon completion of Mercer House, foreign investors can receive a two-year or 10-year UAE Golden Visa depending on the purchase price. This also allows you to sponsor a family.

Properties in Mercer House feature spacious living spaces and easy access to all necessary infrastructure, which means they will be in demand for both short-term and long-term rentals.

Mercer House promises to be a vibrant addition to Uptown Dubai, introducing a community where inclusivity is key and distinctions between communal and exclusive resident experiences are blended.