--- title: "Meraas" canonical: https://www.uaepropertyagents.com/developers/meraas markdown: https://www.uaepropertyagents.com/md/developers/meraas.md type: developer description: "Dubai Holding's upmarket residential brand, known for City Walk, Bluewaters and beachfront districts along the Jumeirah coast." last_verified: 2026-11-12 sources: 6 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # Meraas: developer profile > Dubai Holding's upmarket residential brand, known for City Walk, Bluewaters and beachfront districts along the Jumeirah coast. Facts last verified 12 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Founded | 2007 | | Headquarters | Dubai, UAE | | Ownership | Subsidiary of Dubai Holding since 2020; a brand of Dubai Holding Real Estate alongside Nakheel and Dubai Properties. | | Website | https://meraas.com | | Market segment | luxury | | Builds in | Dubai | | Developments covered | 0 | | Wikidata | [Q60775641](https://www.wikidata.org/wiki/Q60775641) | | Founded | 2007 | | Part of Dubai Holding since | 2020 | | The Acres contracts, April 2026 | AED 2.4 billion | | Nad Al Sheba Gardens phase 7 contract, September 2026 | AED 1 billion | ## Overview Meraas was founded in 2007 and made its name with places people visit, not just places people live: City Walk (launched in December 2013), Boxpark (2015), La Mer (2017) and Bluewaters, the island off Jumeirah Beach Residence where the first homes were handed over from February 2019. In 2020 it became a subsidiary of Dubai Holding on the instruction of Dubai's ruler. It now operates as one of the residential brands of Dubai Holding Real Estate, with [Nakheel](https://www.uaepropertyagents.com/developers/nakheel) and [Dubai Properties](https://www.uaepropertyagents.com/developers/dubai-properties), under a single chief executive. Within that group Meraas is the upmarket label. Its communities are mostly in established central or coastal parts of Dubai: City Walk, Bluewaters, Port de La Mer and La Mer, Jumeira Bay, Pearl Jumeira, Madinat Jumeirah Living, and homes at Dubai Design District (d3). It has also moved into family villa communities with Nad Al Sheba Gardens and The Acres. The pipeline in 2026 is active and mostly at an early stage of construction. Meraas unveiled a residential master plan for d3 in January, awarded AED 2.4 billion of contracts for new phases of The Acres in April, began groundworks at City Walk Crestlane and at Nourelle in Madinat Jumeirah Living in August, broke ground on the beachfront community Solaya with partner BGRE the same month, and awarded an AED 1 billion contract for phase 7 of Nad Al Sheba Gardens in September. Meraas does not publish a standard payment plan; terms are set for each release. As with its sister brands, buyers can apply for an off-plan mortgage at the point of sale under agreements Dubai Holding Real Estate signed in 2026 with Emirates NBD, Abu Dhabi Islamic Bank, Commercial Bank of Dubai and ADCB. Its sales centres also offer help with Golden Visa applications for eligible purchases of AED 2 million or more. ## Strengths - Completed districts with a clear identity that can be visited today, including City Walk, Bluewaters and Port de La Mer. - Backed by Dubai Holding, which describes its real estate arm as master developer of a 752 million sq ft land bank. - Sites are typically in established, central or coastal Dubai, where new land is scarce. - Construction contracts are being let: AED 2.4 billion for The Acres and AED 1 billion for Nad Al Sheba Gardens phase 7 in 2026. - Off-plan mortgage arrangements with four UAE banks were put in place in 2026. ## Considerations for buyers - Several current projects only reached groundworks or ground-breaking in August 2026 (City Walk Crestlane, Nourelle, Solaya). Handover on these is years away, so check the contracted completion date. - Meraas is not listed and does not report separately from Dubai Holding. Buyers rely on the group's standing and the project escrow account, not on published company accounts. - Its villa communities are being delivered in many phases. Nad Al Sheba Gardens reached a phase 7 contract in September 2026, so early residents live alongside construction for some time. - The same group owns Nakheel and Dubai Properties and decides which brand launches where. Competing supply from a sister brand can arrive close to a Meraas project. - Meraas sells at the upper end of the market. Ticket sizes are large and the pool of resale buyers is narrower than for mainstream apartments. ## Notable completed projects - City Walk - Bluewaters - La Mer - Port de La Mer - Boxpark ## Questions and answers ### Is Meraas a reliable developer? Meraas has completed well-known districts including City Walk, Bluewaters and Port de La Mer, and since 2020 it has been part of Dubai Holding, one of Dubai's largest state-linked groups. It was named UAE Developer of the Year at the Real Estate Asia Awards 2026. It does not publish its own accounts, and several of its current projects only started on site in 2026, so focus on the contracted handover date and construction progress of the specific project. ### Who owns Meraas? Meraas is owned by Dubai Holding. It became a subsidiary in 2020 and now operates as a brand of Dubai Holding Real Estate, together with Nakheel and Dubai Properties. Dubai Holding is chaired by Sheikh Ahmed bin Saeed Al Maktoum. ### Where does Meraas build? In Dubai. Its communities include City Walk, Bluewaters, Port de La Mer, Jumeira Bay, Pearl Jumeira, Madinat Jumeirah Living, Dubai Design District (d3), Nad Al Sheba Gardens and The Acres. Launches current in 2026 include City Walk Crestlane, Nourelle at Madinat Jumeirah Living, Atélis and The Edit at d3, and Solaya. ### What payment plans does Meraas offer? Meraas sets the payment schedule for each release and does not publish a single standard plan. In 2026 Dubai Holding Real Estate also agreed off-plan mortgage arrangements with Emirates NBD, Abu Dhabi Islamic Bank, Commercial Bank of Dubai and ADCB, so some buyers can finance from the start instead of following the developer's instalments. Ask for both options in writing. ## Sources Facts on this page were last checked against these sources on 12 November 2026. - [Meraas: about us](https://meraas.com/en/about-us) - [Dubai Holding press releases, 2026](https://www.dubaiholding.com/en/media-hub/press-releases) - [Nakheel press release: off-plan mortgage financing across Meraas, Nakheel and Dubai Properties (16 April 2026)](https://www.nakheel.com/media-centre/press-release/news-detail/2026/04/16/dubai-holding-real-estate-and-emirates-nbd-partner-to-introduce-integrated-off-plan-mortgage-financing-across-meraas-nakheel-and-dubai-properties) - [Dubai Properties: about Dubai Holding Real Estate](https://dp.ae/about-dhre/) - [The National: Nakheel and Meydan merge under umbrella of Dubai Holding (16 March 2024)](https://www.thenationalnews.com/business/economy/2024/03/16/nakheel-and-meydan-merge-under-umbrella-of-dubai-holding) - [Wikipedia: Meraas (founding and project dates)](https://en.wikipedia.org/wiki/Meraas) --- Source page: https://www.uaepropertyagents.com/developers/meraas. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.