Meraas

MERAAS: COMPREHENSIVE DEVELOPER PROFILE

Founded in 2007 and integrated into Dubai Holding in 2020, Meraas Holdings is recognized globally for transforming Dubai's urban landscape through visionary real estate, retail, hospitality, and lifestyle destinations. Operating under the leadership of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Meraas continues to shape Dubai's position as a world-class destination.

COMPANY VISION AND PHILOSOPHY

Meraas is passionate about creating incredible living experiences that enhance creative lifestyles and reinforce Dubai's global reputation. The company's vision aligns with Dubai's strategic goals to draw people from around the globe. Core values include innovation, quality, sustainability, and community focus.

FLAGSHIP DEVELOPMENTS

BLUEWATERS ISLAND

Bluewaters Island stands as one of Meraas's most ambitious projects. This man-made island off JBR coast features Ain Dubai, the world's tallest observation wheel standing over 250 meters tall (constructed with 9,000+ tonnes of steel). The island offers premium residential towers, extensive retail and dining, world-class hotels, and private beach access. In January 2025, Meraas awarded AED 1 billion+ construction contract for Bluewaters Bay, premium waterfront residences.

CITY WALK

Launched December 2013, City Walk is an open-air lifestyle destination combining European-inspired architecture with modern amenities. The pedestrian-friendly neighborhood features 34 low-rise residential buildings (1-4 bedroom apartments, penthouses), hundreds of exclusive shops, 200+ dining outlets, and the 17,000-capacity Coca-Cola Arena. Central Park at City Walk includes multiple residential clusters (Myrtle, Thyme, Castleton, Fern) with starting prices from AED 1,200,000.

LA MER

Launched October 2017, La Mer is a beachfront destination capturing coastal living essence with 2.5 kilometers pristine beachfront, eclectic dining and retail, water sports facilities, and family entertainment. Port de La Mer adjacent offers apartments and townhouses (1-5 bedrooms) with marina, yacht club, and waterfront amenities. La Ciel at Port de La Mer features three towers completing Q2 2025.

JUMEIRA BAY ISLAND

This ultra-exclusive seahorse-shaped island represents luxury pinnacle. Bulgari Resort & Residences features 15 ultra-luxury mansions (3-6 bedrooms), 5-star hotel, private beach, and marina access. Bulgari Lighthouse, the latest addition, spans 27 storeys with 31 penthouses (4-5 bedrooms) and crown jewel 9-bedroom Sky Villa with 13,000-square-foot terrace.

PEARL JUMEIRA

This 8.3 million square foot man-made island features seven residential zones with luxury villas, 2-kilometer promenade, schools, beaches, and waterfront hotels. Nikki Beach Residences offers 117 hotel rooms, 15 private pool villas, 63 residence homes, three signature restaurants, and Nikki Spa by ESPA.

DUBAI HARBOUR

Launched 2019, Dubai Harbour features the largest marina in MENA region with 1,100 berths accommodating luxury yachts and superyachts. Infrastructure completed February 2021. Development includes premium apartments, waterfront dining, cruise terminal, and water activities hub.

SUBURBAN COMMUNITIES

THE ACRES: Flagship suburban community in Dubailand offering 3-7 bedroom villas from AED 5.09M. Features swimmable lagoons, natural parks, and LEED Gold certification for sustainable development. Phase 2 ongoing expansion.

CHERRYWOODS: First villa/townhouse project with 3-4 bedroom homes, gated community, lake and park features, sporting venues, and walking/cycling tracks.

NAD AL SHEBA GARDENS: Graceful gated community with 3-bedroom townhouses and 4-7 bedroom luxury villas. Premium finishes include hardwood floors, porcelain countertops. Minutes from Downtown Dubai with Phase 4 completion Q1 2027 (AED 690M contract).

CURRENT PROJECTS 2025

Design Quarter at D3: 1-3 bedroom lofts, duplexes, penthouses from AED 1.87M in Dubai Design District, completion mid-2027 (AED 2B+ contract). Jumeirah Residences Emirates Towers B: 1-4 bedroom luxury apartments on Sheikh Zayed Road from AED 3.51M, completion August 2030.

PORTFOLIO ACHIEVEMENTS

Since 2007, Meraas delivered 80+ million square feet of properties and 3,500+ residential units across diverse communities. Ain Dubai became world's tallest observation wheel (2021). Dubai Harbour promoted as largest marina in MENA. The Acres achieved LEED Gold for Communities pre-certification.

SPECIALIZATIONS

Meraas excels in lifestyle destinations (integrated living, shopping, dining, entertainment), beachfront and waterfront excellence (Bluewaters, La Mer, Port de La Mer, Dubai Harbour), mixed-use mastery (residential, commercial, retail, hospitality integration), branded residences (Bulgari, Nikki Beach partnerships), urban regeneration (Al Seef heritage preservation), suburban family communities (The Acres, Cherrywoods), and sustainable green building practices.

INVESTMENT OPPORTUNITIES

Meraas properties offer compelling opportunities across segments. Government backing through Dubai Holding provides credibility. Prime locations ensure strong demand. Rental yields reach 5-8% in select communities. Flexible payment plans and diverse property types (apartments, penthouses, townhouses, villas from AED 1.2M to ultra-luxury) cater to all investor profiles. Lifestyle amenities enhance livability and investment appeal.

With integration into Dubai Holding Real Estate alongside Nakheel, Meraas combines heritage and expertise under one visionary platform, positioned for continued innovation and market leadership in creating unforgettable living experiences across Dubai and beyond.