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Meraas Holding LLC

Meraas Holding Dubai
Meraas Holding CEO Abdullah Al HabbaiMeraas Holding Blue WatersMeraas Holding Dubai Parks ResortsBlue Waters Meras Holding
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Meraas Holding

Meraas was established to make a positive contribution to the National economy. By creating a portfolio of investments in various industry sectors, we seek to generate long term wealth enhancement to the economic and social development of Dubai. Meraas, owned by Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum.

In order to capitalize on opportunities in Dubai and beyond, Meraas is pioneering several initiatives in various macroeconomic sectors including tourism, leisure, real estate, development and asset management.

Through strategic investment, innovative urban planning, and life cycle asset management, Meraas creates integrated communities that embody international standards of sustainability with a strong commitment to quality.

Focused on working with best-in-class partners globally on our projects, we intend to create sustainable shareholder value growth through Development projects and life cycle Asset Management , with an additional focus on appropriate strategic investments.

Meraas Holding, chaired by HE Abdullah Al Habbai, will execute its mission through a number of subsidiaries that encompass a wide range of industry specializations to develop activities and operations across the UAE and abroad.

Meraas Holding is one of the main players in Dubai’s hospitality and retail sectors under the leadership of HE Abdulla Ahmed Mohammed Al Habbai.

With over 20 years of experience in property, including 16 years at Dubai Municipality focusing on urban planning, Al Habbai is no stranger to implementing plans that transform Dubai’s landscape. Earlier this year, Meraas launched The Beach on JBR.

It is also continuing to build City Walk, the mixed-use retail and leisure project in Jumeirah and a $544.5mn plan to transform Dubai Creek.

More recently, the developer signed a deal last month to bring the first Bulgari-branded hotel to Dubai, which will be on the offshore Jumeirah Islands project.

This is not to mention the $1.6bn Bluewaters Island, which will include the world’s biggest ferris wheel, the Dubai Eye.

Meraas Development

Pearl Jumeira

Adjacent to the Jumeira shoreline, with spectacular sea views over the Arabian Gulf and the awe-inspiring Dubai skyline, lays the exclusive residential development of Pearl Jumeira. Positioned to become an elite address for beach front peninsula living, Pearl Jumeira creates an open community catered to individuals who enjoy the seclusion of a desert island destination yet always stay connected to the bustle of the city.

This reclaimed island will cover approximately 8.3 million square feet of land. More than 300 residential villa plots, fully serviced with all infrastructure requirements and with an average plot size of 10,000 square feet, are being developed across 7 key residential areas. Residents and visitors of Pearl Jumeira will enjoy over 90,000 sq ft of retail facilities at the Town Center, a unique 2 km promenade linking the perimeter of the development, a central common plaza surrounded by community facilities including two local mosques and pre-school educational facility, networked open space that promotes walking and cycling, two open beaches and waterfront beach hotels with associated facilities.

The size, location and exclusivity of Pearl Jumeira make it a unique jewel that lies at the heart of Dubai’s finest residential district. Direct access from Jumeira Beach Road provides easy transportation links with key Dubai arterials such as Dhiyafa Road, Sheikh Zayed Road and Sheikh Rashid Road, which in turn makes landmarks such as Dubai Airport and the central business districts within easy reach.

Citywalk

Surrounded by a large number of well established residential communities in the heart of Jumeirah, Citywalk is destined to become a popular and vibrant retail destination.

Conveniently situated at the junction of Al Wasl Road and Safa Road, the development is in easy walking distance to the surrounding areas and a mere 15 minutes walk from the Dubai Mall metro station. Easily accessed from Sheikh Zayed Road via Interchange 1, this exciting new development will become a focal point of this established community and a destination for visitors and residents across Dubai.

With Phase 1 of Citywalk covering over 350 meters of uninterrupted retail frontage complemented by a grand tree lined walk designed to evoke the style of European streets, Citywalk presents a sophisticated and unrivalled shopping and dining experience. Future phases shall be activated shortly, eventually providing a total length of over 1.3 kilometers of promenade for public enjoyment, and a full range of services including retail, hospitality and family entertainment facilities, the project is fully leased.

Anchored by a dynamic mix of top range brands, the large footprint retail areas at either end of Citywalk spill out into generous plaza spaces. The main Piazza provides an ideal focal point along Citywalk, an ideal setting for local residents and visitors to dine and socialize.

The Lake is a signature attraction within the development, designed to create a bustling public square where people may relax and enjoy a meal overlooking the water and spectacular views to the Burj Khalifa. Fringed by pavilion style buildings, The Lake will provide generous paved areas and pocket courtyards ideal for large areas for outdoor seating. This unique public space, completed with a bright and energetic children’s play area and an interactive water feature, may also be transformed to host weekly markets and festivals, performances and small concerts.

The retail units are designed to provide a modular 9m retail frontage with building depths that range from 12m, 15m and 18m. The units are intended to be adaptable to offer the retail tenant a range of accommodation options. Small pavilion buildings and kiosks are also incorporated into the design to provide for bespoke retail spaces. Ample onsite car parking will be provided as will multiple access points to the site, designed to ensure the greatest convenience for the visitor and the best functionality for tenants of Citywalk.

Nad Al Hamar

Strategically located in the Nad Al Hamar free hold at the junction of Ras Al Khor Road and 410th Street, this project is also in close proximity to Ras Al Khor, Dubai Festival City and Dubai airport. Covering a total area of approximately 4.7 million square feet, Nad Al Hamar comprises a total of 166 individual plots ranging in size from 15,000 square feet to 20,000 square feet, designated for the construction of either warehouses or showrooms, which will be fully serviced with all infrastructure and utilities requirements.

Al Barsha Second

Al Barsha project is a development of commercial and residential plots facing Umm Sequim Road between Sheikh Zayed Road and Al Khail Road, adjacent to the established residential district of Al Barsha 2nd and directly opposite Al Quoz industrial area. The project is strategically located to tie into the expansion of Umm Sequim Road being undertaken by the Roads and Transport Authority, which will provide excellent transportation links to the surrounding areas and other popular nearby locations.

The development, which totals almost 1 million square feet, will proceed in two phases with all plots fully serviced with infrastructure and utility requirements.

Phase 1, with a mixture of commercial and residential plots, is now sold out. Phase 2, with a total of 47 plots ranging in size from approximately 10,000 square feet to 38,000 square feet, is a combination of commercial and residential plots, more than half of which are currently sold.

On site works for Phase 1 are now completed and Phase 2 has commenced construction.

The Beach

With a prime location directly on the beachfront adjacent to Jumeira Beach Residence, and creating more than 70 brand new Retail, Food & Beverage, and Entertainment outlets, The Beach is about to become the most exciting new destination in Dubai.

Formed around a pedestrian esplanade that meanders between four distinct plazas and stretching from the existing Sheraton hotel right down to the Hilton Hotel, The Beach will include a dynamic mix of top brands and attractions offering everything from casual eating, signature fine dining, luxury retail and a range of attractions in the exciting entertainment zone language of the architecture transitions from the traditional luxury zone to the exciting entertainment zone at the opposite end keeping an underlying and consistent framework to ensure overall cohesion.

The Beach will present architecture that is both playful and contemporary, drawing influences from the local culture whilst responding to the distinctive beachfront location. Responding to the existing urban language the buildings will cascade towards the beachfront creating shade and relief along the extent of the promenade. Punctuated by the ‘Jewel’ icon building, each of the plazas will vary in aesthic providing unique and distinct zones which are surrounded by calming water features.

Add to this effect of sun and the cool sea breeze, the network of tree lined alleys giving access to the sea, and a carefully selected tenant mix – ‘The Beach’ is well posed to emerge as Dubai’s must-visit destination.

The Village – Luxury Outlet

The large format destination is unlike the traditional ‘outlet’ malls, The Village – Luxury Outlet will retail high-end luxury brands at discounted prices.

The announcements follows Meraas’ successful showcase of two new developments at Cityscape Global 2012 – ‘The Beach’ and ‘Island 2’. The Beach is a retail, food and beverage and entertainment destination that will take shape at the Jumeirah Beach Residence (JBR) between the beachfront and existing promenade. ‘The Island 2’ is a mixed-use development designed as a high-end boutique resort featuring low rise apartment buildings and a marina.

Construction is scheduled to begin in 2013, with the venue set to become one of the most anticipated retail venues with a total of 160 top-tier outlet stores. Phase-one of the development will feature 100 high-end brands, while Phase-two will consist of 60 additional outlet stores. With Dubai’s tourism industry marking exponential growth, ‘The Village – Luxury Outlet’ is envisioned to emerge as an iconic and must-visit destination for visitors and residents alike.

The project’s concept of the destination takes inspiration from a European village.

Located at the intersection of Al Khail and Um suqeim road, ‘The Village –  Luxury Outlet’ will offer hassle-free access from across Dubai and the surrounding emirates. Opening soon.

Bluewaters

Located off the Jumeirah Beach Residence (JBR) coastline, ‘Bluewaters’ will feature demarcated retail, residential, hospitality and entertainment zones.

Serving as the centrepiece of the island project, the 210-meter Ferris wheel will offer breath-taking views of Dubai’s exotic coastline and iconic landmarks such as Burj Al Arab, Palm Jumeirah and Burj Khalifa. The piazza at the base of the wheel will serve as an entertainment zone and a unique venue for private parties, weddings and conferences. Additionally, a large LED screen mounted on the wheel will create an innovative electronic platform for broadcasting movies, advertisements, and interactive information.

‘Bluewaters’ will feature a bespoke ‘souq’ encircled by a promenade that will boast alfresco dining outlets serving a wide variety of cuisine. The ‘souq’ will host an eclectic mix of retail stores and a ‘food hall’ offering fresh produce in a traditional ‘market’ atmosphere. Complementing the ambience, ‘Bluewaters’ will host a boutique five star hotel and varied residential options.

La Mer

A mixed-use development that will take shape in Dubai’s exclusive beachfront district Jumeirah in the vicinity of Pearl Jumeirah Island. Construction of “La Mer” is set to commence in Q4 2014.

Conceptualized to integrate a minimalist and contemporary design, La Mer’s pristine location will ensure uninterrupted views of the Arabian Gulf and Dubai’s iconic skyline. The development will spread across 9.5 million square feet of existing and reclaimed land. Comprising four distinct zones – the beach, a leisure and entertainment hub, North Island, and South Island – ‘La Mer’ will feature commercial, leisure, residential and hospitality components.

On North Island and South Island, La Mer will include fully integrated residential neighborhoods that comprise a total of 688 apartments and villas as well as a 160-key hotel to meet the expected influx of tourists. The project will also launch a range of retail and F&B concepts, some beach activities. La Mer will emerge as a world-class destination in the heart of Jumeirah.

Centrally located, the core value of the project is its leisure and entertainment hub that adds a whole new dimension through its offerings that focus on water play, beach sports in addition to skate boarding, outside gymnasia and youth activities. As part of its leisure and entertainment component, the project will additionally include two marinas for yachts, and a park.

Box Park

Box Park will be a revolutionary lifestyle destination where urban chic meets contemporary sophistication. Providing a refreshing alternative to sprawling, insular malls, the concept will feature an eclectic mix of restaurants, cafes and high-end fashion outlets, intermingled with open spaces and amenities.

Following the example set in other cities such as New York, London, Paris and Christchurch, where similar temporary ‘pop-up’ structures have been erected, 8×8 will be a permanent destination where all kinds of people including residents and tourists can spend a memorable and fun-filled day out. A spatial experience that is inviting, comfortable, engaging and memorable, this self-contained destination will be a place to shop, dine, relax and soak up the outdoor ambiance.

Nestled in the heart of Jumeirah, Box Park will serve as a seamless addition to the surrounding community and is set to become the new social hub of Dubai.

Address & Contact Details

Meraas Holding
Emaar Square Area
Building 1, Level 3 & 5.
P.O.Box 123311,
Dubai, United Arab Emirates
Phone: 800 MERAAS (800-637227)
Email: customerservice@meraas.ae

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