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MERAAS

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

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