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 DMCC and Ellington Properties to Develop Upscale Residential Project


DMCC and Ellington Properties to Develop Upscale Residential Project

Dubai Multi Commodities Centre (DMCC) and Ellington Properties, Dubai’s leading and award-winning design-led boutique developer, on Monday announced a partnership to launch a new upscale residential project, Mercer House, in the heart of DMCC’s pioneering Uptown Dubai district.

Mercer House represents the first signature development of Ellington Properties in Uptown Dubai following the remarkable success and record-high demand of “UH by Ellington,” which was launched earlier this year in Jumeirah Lake Towers (JLT).

Poised to grace Dubai’s skyline with two soaring residential towers perched atop a podium, Mercer House is slated to be one of the tallest residential developments by Ellington Properties to date. Located at the heart of DMCC’s up-and-coming Uptown Dubai district, the project will offer a collection of multi-family residential units ranging from efficient studios to expansive one-, two-, and three-bedroom apartments, and four penthouses.

It will feature a 45,000 sft beach club and 25,000 sft of retail options on the ground and podium floors. Residents and visitors can enjoy a wealth of facilities like a beach club pool, exclusive residents’ pool and a sports hall with various courts for sports enthusiasts. Mercer House will also offer a world-class range of dining experiences, community markets and high-end retail offerings to reinforce Uptown Dubai as the go-to destination to work, live and indulge in Dubai.

Benefit for Residents

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, said that in just two decades, DMCC has not only built and facilitated a world-class, award-winning district for trade and enterprise, but evolved the JLT and Uptown Dubai districts into some of Dubai’s most desirable destinations.

He further said that in line with DMCC community’s increasing demand for additional luxury residencies and DMCC’s growth, Ellington Properties’ Mercer House will provide two signature residential towers, offering multi-family units to studios and penthouses.

“Residents will benefit from being at the heart of our Uptown Dubai community, within walking distance of both Uptown Tower, and the forthcoming Burj 2020, while also gaining access to an exclusive residents’ pool, sports hall, beach club, and extensive retail options,” Bin Sulayem added.

Joseph Thomas, Co-founder of Ellington Properties, said that after the positive response they received for “UH by Ellington,” the launch of the company’s second project is a testament to their strong relationship with DMCC.

He also said that they would continue to support their transformative vision of Uptown Dubai, aspiring to make it the ultimate destination for the community of homebuyers and investors who are looking to call Dubai their home.

“We are confident that Mercer House will be our crowning achievement as a leading design-led developer, further reinforcing Uptown Dubai’s perception as a world-class smart district designed to deliver a one-of-a-kind living experience,” Joseph added.

DMCC continues to play a major role in advancing the commercial scene in Dubai through the development of unparalleled business ecosystems. It accounts for 11% of the foreign direct investment (FDI) to Dubai.

Global Business Magazine

Global Business Magazine

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