MERAAS

Year of foundation
2007
Main office
Dubai
Number of employees
5000
Estimated cost
$ 1.4 B
MERAAS
In 2020, Meraas became part of Dubai Holding, a large state-owned investment holding, thus becoming a state-owned company. In Arabic, “meraas” means heritage.
The developer’s extensive portfolio includes:
- 700 hectares of residential and commercial properties
- 8 hotels
- 11 entertainment centers
Meraas also includes entire islands, such as:
- Jumeirah Bay – a man-made island shaped like a seahorse
- Bluewaters Island – home to the world’s largest observation wheel, Ain Dubai
Additionally, Meraas features natural attractions, including:
- The Green Planet Dubai – a tropical indoor rainforest sustaining over 3,000 plants and animals
- La Mer – a beach with restaurants and art spaces
The housing stock of Meraas exceeds 3,500 units.
Flagship projects include:
- BVLGARY Resort & Residences – an exclusive residential complex from the world-famous jewelry brand
- Zabeel Saray Royal Residences – a luxury resort complex on Palm Jumeirah island, featuring a 5-star hotel, serviced apartments, and villas