
DMCC, Ellington Properties break ground on Mercer House
DMCC, the leading international business district that drives the flow of global trade through Dubai, and Ellington Properties, Dubai's design-led boutique developer, have broken ground on Mercer House, an iconic upscale residential development anchoring Uptown Dubai's status as a global lifestyle destination.
The mixed-use development will comprise two elegant towers rising 34 and 41 storeys, featuring a range of premium property types designed to suit diverse lifestyles, including studios, one-, two- and three-bedroom apartments as well as luxurious penthouses, said DMCC in a statement.
Mercer House will offer a unique blend of lifestyle, wellness and community living, featuring premium retail and F&B outlets, as well as an exclusive urban beach club with natural sand, delivering a truly elevated residential experience in one of Dubai's most strategically positioned districts.
Residents will enjoy access to a wide array of amenities, including a grand lobby, multi-sports facility, family pool, kids' play area, games room, fitness studio, scenic sauna, ice room, and an exclusive clubhouse, all designed to foster wellbeing, recreation, and community interaction, it stated.
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: "This groundbreaking marks a major milestone in our vision to transform Uptown Dubai into a world-class lifestyle destination."
"Rising across two towers of 34 and 41 residential floors, Mercer House will feature a diverse range of residences – from stylish studios and one- to three-bedroom apartments to expansive penthouses – alongside standout and unique amenities including an urban beach club, premium retail, and wellness spaces designed for vibrant and healthy community living," he stated.
"As development accelerates, Uptown Dubai is setting the benchmark for integrated city living, connecting residents, businesses, and visitors through world-class infrastructure and a vibrant community environment," he added.
Joseph Thomas, Co-Founder and Managing Director of Ellington Properties, said: "At Ellington, we design more than buildings – we create spaces that elevate everyday living through thoughtful design and community-centric experiences."
"Mercer House represents our boldest vision yet: a landmark that reflects the evolving aspirations of modern residents in one of Dubai's most dynamic districts. Through our collaboration with DMCC, we are not just building homes – we're helping shape a lifestyle destination defined by quality, wellbeing, and connection," he added.
Mercer House is located at the heart of the Uptown Dubai masterplan and will play a key role in reinforcing its reputation as a global business and lifestyle destination.
Developed by Ellington Properties in collaboration with DMCC, the project combines its strategic vision for urban development with Ellington's signature approach to design-led, lifestyle-focused living.
The development aligns with DMCC's strategic mission to attract leading international businesses and top talent to Dubai not only through world-class commercial infrastructure, but also by creating exceptional residential environments designed for modern, connected living, it added.
The groundbreaking of Mercer House marks a key milestone in the transformation of Uptown Dubai into a benchmark for integrated city living, bringing together world-class infrastructure, vibrant community spaces, and modern residential offerings.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Trade Arabia
13-06-2025
- Trade Arabia
L&T lands key Middle East grid infrastructure contracts
Indian engineering and construction conglomerate Larsen & Toubro (L&T) has announced that its Power Transmission & Distribution (PT&D) business vertical has secured new grid infrastructure orders in the Middle East as well in the Indian market. In the Middle East, the PT&D business has clinched orders for executing a set of 220kV and 132kV gas insulated substations on a turnkey basis, said L&T in a statement. These orders come from leading transmission asset owners and operators in the respective countries, it stated. In India, L&T has won an order to build 765kV and 400kV transmission line jobs pertaining to the integration of a Renewable Energy Zone in the southern state of Andhra Pradesh. These new orders mark a key milestone for PT&D in its pursuit of delivering future-ready grid infrastructure to help realise the energy transition and sustainable energy goals of its valued customers, it added.-TradeArabia News Service


Daily Tribune
12-06-2025
- Daily Tribune
UAE Universities See Surge in Student Applications Amid US Visa Uncertainty
Universities across the UAE are reporting a notable increase in international student applications, as ongoing delays and uncertainties surrounding student visa processing in the United States push students to seek more accessible alternatives. With growing concerns over restrictive policies and prolonged visa wait times in the US, students and parents are increasingly turning to UAE-based institutions for stability, safety, and streamlined admission processes. Higher education institutions in cities such as Abu Dhabi, Dubai, and Ajman have all noted a significant rise in student interest for the 2025 academic year. The shift is attributed largely to disruptions in the US student visa process and changing international education policies. University leaders say the UAE's strong infrastructure, globally accredited programs, and supportive visa environment make it an increasingly attractive destination for international learners. The ability for students to work part-time, live in some of the world's safest cities, and stay geographically closer to home has added to the country's appeal. The surge in applications is also being driven by a broader trend of students reconsidering long-standing study abroad plans, particularly those targeting American institutions. As the global education landscape continues to evolve, the UAE is positioning itself as a regional hub for world-class higher education, offering international students both academic opportunity and peace of mind.


Trade Arabia
11-06-2025
- Trade Arabia
EDGE, FAB sign strategic deal to build resilient financial ecosystem
EDGE Group, one of the world's leading advanced technology and defence groups, has entered a strategic partnership with First Abu Dhabi Bank (FAB). The agreement covers two major financial initiatives: the implementation of FAB's advanced Supply Chain Finance (SCF) solution and the deployment of its AI-powered Treasury Management System (TMS). EDGE said its deployment of FAB's AI-powered TMS represents the largest to date. The solution delivers real-time cash visibility, advanced forecasting capabilities, and integrated risk management tools, enabling EDGE to automate treasury operations and optimise liquidity across the Group. The platform provides protection for interest rate risk and FX risk, while improving financial agility, investment planning, and funding, it stated. EDGE Managing Director and CEO Hamad Al Marar said: "Our partnership with FAB is a strategic enabler of our global industrial ambitions. It reinforces the financial architecture required to operate at scale, with speed and resilience. In an increasingly competitive and complex environment, this alignment ensures we remain agile, well-capitalised, and positioned for sustained international growth." Group Head of Wholesale Banking Martin Tricaud said: "FAB's partnership with EDGE marks a step forward in building a more resilient supplier ecosystem. We recognise that effective cashflow and supply chain finance are fundamental to sustainable business models. By combining our global expertise with innovative financial solutions, we are enhancing financial agility and enabling long-term value creation." "Through FAB's digital SCF solution, EDGE provides local and international suppliers access to early, low-cost financing, which enhances supplier trust, improves commercial terms, and ensures continuity across critical operations," he added. Group Chief Financial Officer Rodrigo Torres said: "This partnership reflects EDGE's commitment to embedding financial sophistication and innovation at the core of our operations. By integrating FAB's advanced SCF and AI-powered TMS platforms, we are optimising liquidity and supplier performance while also reinforcing our ability to manage risk and scale with confidence." Torres, said to date, over AED1.6 billion in invoices have been processed, unlocking more than AED1.2 billion in off-balance sheet financing.