The project is located in the Jumeirah Lake Towers area of Dubai
Dubai-based real estate developer Ellington Properties has awarded a AED1bn-plus ($272m) contract for the construction of its Mercer House project in the Uptown area adjacent to Jumeirah Lake Towers in Dubai.
The contract was awarded to Beijing-headquartered construction firm China Railway 18th Bureau Group.
The project comprises two towers, a 34-storey North Tower and a 41-storey South Tower, offering studio, one-, two- and four-bedroom apartments, as well as four-bedroom penthouses.
Further details about the construction have yet to be provided.
In August, Ellington Properties launched a commercial project named Eaton Square in the Mohammad Bin Rashid City area of Dubai.
Eaton Square is Ellington's first commercial project and consists of 11 floors offering Grade A office spaces and retail facilities.
Construction is slated to begin this year and the project is expected to be completed by 2027.
Ellington’s new project launches reflect increased activity in the UAE real estate market, where projects worth more than $323bn are in the execution or planning stages.
This aligns with a forecast from UK data analytics firm GlobalData that predicts the UAE construction sector will grow by 4.2% in real terms in 2025, driven by infrastructure, energy, utilities and residential construction projects.
READ THE OCTOBER 2025 MEED BUSINESS REVIEW – click here to view PDF
Private sector takes on expanded role; Riyadh shifts towards strategic expenditure; MEED’s 2025 power developer ranking
Distributed to senior decision-makers in the region and around the world, the October 2025 edition of MEED Business Review includes:
> AGENDA 1: A new dawn for PPPs > AGENDA 2: GCC pushes PPPs to deliver $70bn pipeline > POWER DEVELOPER RANKING: Acwa Power consolidates power sector dominance > IPPs: GCC enters pivotal year for IPPs > ACQUISITION: Wood takeover could boost Sidara profits > INTERVIEW: SLB strives to boost regional standing > SAUDI MARKET FOCUS: Riyadh strives for sustainable growth |
To see previous issues of MEED Business Review, please click here
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