From February 1, 2025, Dubai property buyers must pay higher upfront costs as UAE banks will no longer cover the 4% DLD fees and 2% brokerage commission in mortgages.
10 April 2026
Meraas was founded in 2007 as a private holding company headquartered in Dubai. As of 2025, it operates under the Dubai Holding Real Estate umbrella alongside Nakheel, Meydan and Dubai Properties. The group chairman is Sheikh Ahmed bin Saeed Al Maktoum, who also serves as President of the Dubai Civil Aviation Authority and CEO of The Emirates Group.
Company profile
Founded in 2007, Meraas is a Dubai-based private holding company operating under Dubai Holding Real Estate, alongside Nakheel, Meydan, and Dubai Properties.
In a city built around cars, Meraas creates walkable communities with shaded streets, open plazas, and pedestrian-first spaces like City Walk and the Design Line at Dubai Design District.
Meraas creates iconic destinations anchored by world-record attractions, including Ain Dubai - the world's tallest observation wheel at 250 metres on Bluewaters Island.
Meraas partners with world-renowned luxury brands, including Bulgari, Nikki Beach, Jumeirah, and Caesars, creating iconic lifestyle destinations across Dubai.
Bluewaters Island is Dubai's iconic waterfront destination, home to Ain Dubai, the 250-metre world-record landmark and a vibrant promenade with over 200 retail and dining experiences.
Explore Bluewaters Island Properties
City Walk is Dubai's iconic walkable lifestyle destination, spanning 900,000 m2 with 25+ residential buildings, 214 retail outlets, and 2,625 upcoming Crestlane residences.
Explore City Walk Properties
Jumeira Bay Island is a seahorse-shaped private island off Dubai's Jumeira coastline, connected by a single bridge. Anchored by the world's first Bulgari Marina and Yacht Club, the island features Bulgari Residences, 15 private Mansions, and seven exclusive Ocean Mansions designed by ACPV ARCHITECTS.
Explore Jumeira Bay Island Properties
Dubai Design District (d3) is a walkable hub for the region's creative industries, featuring galleries, cafes, and studios, and hosting Dubai Design Week. Meraas expanded 18M sq ft masterplan introduces five zones with 557 homes at The Edit at d3.
Explore Dubai Design District Properties
April 10, 2026
April 10, 2026
April 10, 2026
May 14, 2023
May 14, 2023
