Meraas was founded in 2007 by the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. From the outset, Meraas set itself the objective of bolstering Dubai’s efforts to diversify its economy beyond oil, focusing primarily on tourism, property and entertainment.
Development and growth
Since its inception, Meraas has embraced a strategic vision for the development of Dubai, seeking to create integrated destinations that cater not only to residential needs, but also to tourism and entertainment. Their approach is based on creating interconnected communities that offer added value to residents and visitors alike.
Since its inception, Meraas Properties has played a pivotal role in the transformation of Dubai, helping the city evolve from a fishing port and regional trade hub into a global metropolis renowned for its bold architecture, luxury and innovation. Here is an overview of Meraas’s role in this transformation:
Economic diversification: Meraas was founded as part of Dubai’s strategic vision to diversify its economy beyond traditional sectors such as oil. Through its projects, Meraas has supported the tourism, culture, entertainment and retail sectors.
Creating iconic destinations: Meraas is behind several of Dubai’s most iconic destinations, such as City Walk, La Mer and Bluewaters Island. These projects have not only enhanced Dubai’s appeal to tourists, but have also provided residents with world-class living and leisure spaces.
Innovation in design and development: Meraas’s approach goes beyond simply constructing buildings. They have focused on creating integrated communities that offer added value in terms of lifestyle, environment and connectivity. For example, Boxpark in Dubai reflects an innovative approach to the use of shipping containers in construction, blending retail and entertainment in a unique design.
Strengthening the tourism infrastructure: Meraas has played a major role in establishing Dubai as a must-visit tourist destination. Attractions such as Ain Dubai on Bluewaters Island and the accessible beaches at La Mer have drawn millions of visitors, thereby strengthening Dubai’s tourism offering.
Whilst Meraas is widely recognised for its tourist and leisure destinations, it is also active in the development of premier residential neighbourhoods.
Their residential projects are characterised by a keen eye for detail, innovative design and harmony with the environment. Here is an overview of some of the iconic residential neighbourhoods developed by Meraas:
Bluewaters Residences:
On the Sea:
City Walk Residences:
Port de La Mer:
Cherrywoods:
Meraas’s approach to residential development focuses on creating vibrant communities that offer a balance between living, working and leisure. Each residential neighbourhood is designed to meet modern needs whilst retaining a unique character and a connection with its surroundings.
Meraas is a Dubai-based company founded by the Dubai government. It has close ties to the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. Although Meraas is a private company, it is strongly supported and influenced by the Dubai government due to its crucial role in the emirate’s economic diversification strategy.
Meraas’s flagship projects in Dubai reflect the emirate’s ambition to become a leading global destination for tourism, business and residential living.
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