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MERCER HOUSE - NORTH TOWER

Studio Studio DMCC

ABOVE MARKET

Total Price

1,451,828

Rate

2,621 AED/sqft

Size

554 sqft

Comparable sales

View area trends

Rental context

Comparable studio studios in Jumeirah Lake Towers rent for a median of 57,000/yr across 105 Ejari contracts in the last two years.

Median annual rent
57,000
Sale price (this txn)
1,451,828
Implied gross yield
3.9%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 2,621 AED/sqft, above market compared with the median of comparable studio sales in Jumeirah Lake Towers.

  • Comparable median: 2,520 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: +4.0%.
  • Gifts and mortgages excluded.
highOff-Plan

Location context

Jumeirah Lake Towers · DMCC

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open MERCER HOUSE - NORTH TOWER on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
MERCER HOUSE - NORTH TOWER, Jumeirah Lake Towers
in DMCC Master Community · project: MERCER HOUSE
Sale date
20 Oct 2025
Procedure
Sell - Pre registration · Off-Plan · arm's-length
DLD ref
DLD-1-102-2025-104574
DLD AED/sqm
28,229(our derived AED/sqft: 2,621)
Publishedby DLD on 20 May 2026
▸ Raw DLD record
transaction_id
dld-1-102-2025-104574
instance_date
2025-10-20
area_name_en
Jumeirah Lake Towers
master_project_en
DMCC Master Community
project_name_en
MERCER HOUSE
building_name_en
MERCER HOUSE - NORTH TOWER
property_type_en
Studio
rooms
0 BR
size_sqft
554
actual_worth
AED 1,451,828
meter_sale_price
28,229 AED/sqm
procedure_name_en
Sell - Pre registration
reg_type_en
Off-Plan Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
nearest_metro_en
nearest_mall_en
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗