Meraas is a private holding company and one of the largest real estate developers in the UAE. It has implemented many projects covering various sectors: restaurant business, leisure, and entertainment, retail, residential, and other real estate. Meraas uses the most advanced technologies to develop and construct its buildings. This allows the creation of a comfortable life for the population of Dubai.
Meraas was founded in 2007, becoming a subsidiary of Dubai Holding Corporation. From the beginning, it has taken on the launch of several projects in different sectors, including food, entertainment, leisure, hospitality, retail, and healthcare. Sheikh Ahmed bin Saeed Al Maktoum became the chairman of the organization.
Since its inception, Meraas has delivered no less than a whopping 80 million square feet of real estate, both commercial and residential. The company became one of the largest developers in the United Arab Emirates. Today Meeras already has a huge portfolio. It contains completed projects of various sizes.
The volume of projects sold by the developer Meraas is amazing. The company initiated the construction of more than 3,500 apartments in five districts of the city, 2,000 commercial properties, and 1,300 hotel rooms. Among the most popular projects are the following:
In 2019, Dubai Harbor presented the Dubai Harbor facility. Dubai Harbor is located at the intersection of Bluewaters and Palm Jumeirah and is equidistant from Dubai International Airport and the new Al Maktoum Airport. This large marina can accommodate approximately 1,100 berths.
One of the developer’s latest works is the Ain Dubai Ferris wheel. The opening of which took place in 2021 and was timed to coincide with the Expo 2020 exhibition. It amazes with its scale, or rather, with a height of over 250 meters and the use of more than 900 tons of steel for the construction of the structure. In addition to 48 booths, it has a bar where you can even order dinner. The facility is located on Bluewaters Island. So far, this Ferris wheel holds the title of the tallest in the world.