Meraas

About Meraas

Meraas is a large holding company headquartered in Dubai, actively investing in real estate, tourism, hotel and restaurant businesses, healthcare and other sectors of the UAE economy. Founded in 2007 as a private enterprise, in 2020 the company became part of the state-owned investment group Dubai Holding, whose shares are almost entirely owned by the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. Currently, the board of directors of Meraas is headed by Sheikh Ahmed bin Saeed Al Maktoum, a member of the ruling royal family, also known as the founder and head of the largest Middle Eastern aviation holding company, The Emirates Group.

As a master developer, Meraas has completed a number of landmark projects in Dubai. This list includes the construction of Dubai Harbour, a cruise port and a marina with an area of approximately 2 square meters. km, the artificial islands of Bluewaters Island, Jumeirah Bay and Pearl Jumeirah, the commercial and residential area of City Walk, the popular coastal locations of La Mer and The Beach JBR, the 3-kilometer Dubai Water Canal promenade and the 2-kilometer Al Seef promenade. The company's portfolio includes the construction of the largest Ferris wheel in the world, Ain Dubai, the opening of the unique multifunctional complexes Coca-Cola Arena and Museum of the Future, and the launch of the first resort under the Bulgari brand in the entire region.