The company, Meraas Holding was established in 2007 with the vision of providing long term growth of Dubai Social & economic development. Meraas Holding has everything covered from residential to health to food to travel to education & technology related investment.
Meraas is privately held a holding company which is located in the United Arab Emirates and headquarter in Dubai with operation and assets. The company was founded in 2007; the Dubai-based amalgamation launched several off plan projects in Dubai in multiple sectors including real estate, retail, hospitality, food and beverage, leisure and entertainment and healthcare. The Abdulla Ahmed Al Habbai serves as the group chairman of meraas.
The Meraas portfolio in real estate comprises property development sales and asset management across Dubai. These projects are built in most soughed and iconic locations such as City Walk, Cherrywoods, Bluewaters Residences, Bvlgari Residences, Nikki Beach Residences and Amalfi Villas.
In 2019, one of the most famous and latest destinations was launched by Meraas, Dubai Harbour. This project was comprising of 1,100 berths and become the Middle East's first yachting community hub and the largest marina in the Middle East and North Africa.
In 2020, Meraas is set to open Ain Dubai. Standing at more than 250-meters tall and has over 9,000 tonnes of steel, the Ain Dubai is located on the Bluewaters island destination. The structure is set to become one of the Dubai's signature landmarks breaking the world record for the tallest observation wheel once complete in time for Expo 2020 Dubai.
Meraas real estate division comprises property development, sales and asset management across Dubai. The Bluewater Residence is a collection of 1-4-bedroom apartments, penthouses and townhouses located on the man-made island of Blue waters. The property builds over a podium that is designed to capture beautiful view of the Persian Gulf. Another real estate development project Bvlgari Residences is located in Jumeirah Bay and comprises 1-3-bedroom apartment, 4-bedroom penthouses and 3-6 bedroom mansions. This eye-catching project was designed with italic architect Antonio Citterio and is one of only six Bvlgari branded residences globally. Central park at city walk is a residential neighborhood which is surrounded by 40,000 square meter private parks in the heart of Dubai. This is 1-4-bedroom apartments which offer the view of Dubai skyline.
Other than, these companies also own a number of real estate plots in Dubai, including Jebel Ali Hills, Jebel Ali Industrial Development, Jumeirah Bay, La Mer, Nad Al Sheba Gardens, Al Mamzar Front, Al Satwa, Al Warsan First Redevelopment and Al Warsan Industrial Plot.
The Company prides itself on working with the best in class partners with a commitment to building projects of the highest quality, delivered on time, using the most comprehensive and integrated master planning. It also boasts a significant land bank in key areas in Dubai.