Home / Developers / Meraas
Dubai's lifestyle specialist — Bluewaters, City Walk, La Mer.

Meraas

Meraas is a Dubai-based holding company founded in 2007. Its DNA is lifestyle developments that blend residential, retail, leisure and dining. It is behind some of Dubai's most fashionable destinations — City Walk, La Mer, Bluewaters Island (Ain Dubai), Port de La Mer, and Madinat Jumeirah Living. In 2020 it was folded into the Dubai Holding Real Estate structure.

Founded 2007 Founder Government of Dubai HQ Dubai, United Arab Emirates ~1,500 employees RERA registered
2007
Founded
Government-owned
Status
Lifestyle
Focus
THE TRACK RECORD

Meraas's record.

The developer of modern Dubai lifestyle. Its developments are Dubai's social and tourism destinations — City Walk for the trendsetters, La Mer for the beach, Bluewaters for the attractions. Rents in Meraas projects are typically above the local average.

Delivery record

Meraas is known for a fast pace of development and high-quality delivery. Because Meraas specializes in mixed-use developments (retail + residential), its districts are operational and buzzing from the moment they are handed over.

Years active

Over 18 years (since 2007). Iconic lifestyle developments

Financial strength

Full backing of the Government of Dubai through Dubai Holding. Access to prime land in the heart of Dubai on preferential terms. Very low financial risk.

Founded2007
FounderGovernment of Dubai
HQDubai, United Arab Emirates
TypeGovernment-owned · part of Dubai Holding Real Estate
Active projects8
Entry pricefrom 2M AED
SIGNATURE COMMUNITIES

Meraas flagship destinations.

Tourism and residential island
Bluewaters Island
A man-made island off JBR — home to Ain Dubai (the 250m giant observation wheel), Caesars Palace and Madame Tussauds. Luxury apartments with 360° sea views.
Urban retail district
City Walk
An open-street district with European-style design — retail, chef-led restaurants, galleries and luxury apartments. In the heart of Dubai.
Premium beachfront development
La Mer
A premium beachfront promenade with restaurants, shops and apartments overlooking the beach. Adjacent to City Walk.
Marina development
Port de La Mer
A Mediterranean-inspired waterfront and marina development next to La Mer. Beachfront apartments with a private marina.
WHAT SETS THEM APART

What makes Meraas special.

Property types Luxury loft apartmentsPenthousesBeachfront apartmentsCommercial and retail
Price segment Premium to luxury

Signature style

Meraas is the developer of the contemporary lifestyle experience — not just apartments, but entire destinations that combine retail, leisure and dining. The standard is mixed-use developments with a high design benchmark (international architects).

Payment plans

Standard construction-linked payment plans. For luxury projects — more flexible offers with 60/40 options.

THE HONEST VIEW

Strengths & considerations.

Where Meraas shines
  • A lifestyle brand platform — justifies higher rents
  • Prime locations in the heart of Dubai (not on the periphery)
  • Bluewaters with Ain Dubai = a tourism destination that drives vacation rentals
  • Government of Dubai backing = low risk
Worth considering
  • Premium segment — high entry prices (2,500+ AED per sqm)
  • Moderate rental yields (5-7%) — more of a capital asset than a cash-flow play
  • Fewer units per project (boutique districts) — strong competition to buy
8 ACTIVE PROJECTS

All projects by Meraas.

Live from the catalog — sorted cheapest first. Click any card for the full property page.

GOOD TO KNOW

Common questions about Meraas.

What makes Meraas unique?+

Mixed-use lifestyle developments — not just apartments, but entire destinations. City Walk, La Mer and Bluewaters are tourism brands in their own right.

Is Meraas more expensive than other developers?+

Yes — the price per sqm is relatively high thanks to the prime locations and the brand. In return, rents and resale values are typically higher.

What is the difference between Meraas and Nakheel?+

Nakheel = man-made islands on a massive scale. Meraas = urban lifestyle districts in the heart of Dubai. Both have been under Dubai Holding since 2020.

What are Meraas's most fashionable projects?+

City Walk (Dubai's trendiest destination), Bluewaters Island (Ain Dubai + Caesars), La Mer (beach + promenade).

YOU MIGHT ALSO LIKE

Similar developers.

Chat with Jamila