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Meraas

Property Developer · UAE (Dubai) · Est. 2007

About Meraas

Meraas is a Dubai-government-owned developer and placemaker known for creating some of Dubai's most successful lifestyle destinations: Bluewaters Island, City Walk, Boxpark, La Mer, and The Beach at JBR. Meraas focuses on mixed-use urban districts rather than traditional residential towers.

Meraas projects are characterised by strong retail and F&B programming that drives footfall and, in turn, residential demand. Now operating under the Dubai Holding umbrella (alongside Nakheel), Meraas continues to expand its portfolio of curated lifestyle environments. Residential properties within Meraas districts carry a premium for location and placemaking quality.

Key Projects

Bluewaters Island City Walk Jumeirah Central La Mer Boxpark The Beach at JBR Al Khail Avenue

Active Areas

Bluewaters Island Jumeirah Business Bay

Ask AI About Meraas

Frequently Asked Questions

What makes Meraas projects different?
Meraas prioritises curated retail, dining, and public space programming — the "experience economy" approach to real estate. Properties in Meraas districts benefit from built-in footfall drivers (restaurants, retail, parks) that pure residential towers lack.
Are Meraas properties good investments?
Yes — Meraas properties in City Walk and Bluewaters Island have shown strong capital appreciation driven by limited supply and successful placemaking. Yields are moderate (4–6%) but asset values are well-supported.