Meraas is a Dubai-based holding company established in 2007, renowned for its diverse portfolio spanning real estate, tourism, retail, food and beverage, leisure and entertainment, and hospitality sectors. In 2020, Meraas became a subsidiary of Dubai Holding, aligning its strategic initiatives with the emirate's broader development goals.
Company Type: Private Company
Founded: 2007
Group Chairman: Sheikh Ahmed bin Saeed Al Maktoum
Industry: Real Estate Development, Tourism, Retail, Hospitality, Leisure, and Entertainment.
Headquarters: Dubai, United Arab Emirates
Meraas is committed to creating and consistently delivering developments that strengthen Dubai’s position as a global real estate investment destination of choice. Its extensive portfolio includes master developments, land, and property, contributing to well-designed and coveted lifestyle experiences.
Mission and Vision
Mission: To create urban destinations that integrate modern, sophisticated living with creativity, culture, and convenience, enhancing Dubai’s status as a global hub for business and tourism.
Vision: To be at the forefront of urban innovation, crafting iconic landmarks and communities that enrich the lives of residents and visitors, while contributing to the sustainable growth of Dubai.
Pioneering Developments
Meraas has been instrumental in shaping Dubai’s urban landscape through the development of iconic destinations that blend residential, commercial, and leisure components. Notable projects include City Walk, Bluewaters Island, La Mer, and Jumeira Bay, each reflecting the company’s dedication to quality and innovation.
Notable Projects
City Walk
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Location: Al Wasl, Dubai.
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Description: An urban living destination combining residential apartments, retail outlets, entertainment options, and hospitality facilities. City Walk offers a contemporary lifestyle experience with tree-lined avenues and a vibrant atmosphere.
Bluewaters Island
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Location: Off the coast of Jumeirah Beach Residence, Dubai.
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Description: A mixed-use development featuring residential, retail, hospitality, and entertainment venues. It is home to Ain Dubai, the world’s tallest observation wheel, offering panoramic views of the city’s skyline.
La Mer
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Location: Jumeirah 1, Dubai.
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Description: A beachfront destination combining upscale living with retail, dining, and entertainment options. La Mer features a modern aesthetic with open spaces, palm tree-lined boulevards, and a tranquil beachfront setting.
Jumeira Bay
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Location: Jumeirah, Dubai.
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Description: An exclusive island destination offering a mix of residential, hospitality, and leisure developments. Jumeira Bay is designed in the shape of a seahorse and connected to the mainland by a 300-meter bridge, providing a secluded yet connected lifestyle.
Core Values
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Innovation: Meraas emphasizes creativity and forward-thinking in all its projects, striving to set new benchmarks in urban development.
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Quality: A commitment to superior craftsmanship and attention to detail ensures the delivery of exceptional developments that stand the test of time.
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Sustainability: Integrating eco-friendly practices and promoting environmental responsibility are central to Meraas’ development philosophy.
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Community: Fostering a sense of belonging and enhancing the social fabric of Dubai through thoughtfully designed spaces that encourage interaction and engagement.
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Customer-Centricity: Prioritizing the needs and aspirations of customers by delivering personalized experiences and maintaining high satisfaction levels.
Meraas continues to play a pivotal role in Dubai’s evolution as a global city, delivering projects that not only meet contemporary demands but also anticipate future trends, thereby enriching the lives of residents and visitors alike.