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Meraas
Dubai, UAEEst. 2007

Meraas

Meraas is a Dubai Holding company responsible for several of the city's most commercially successful lifestyle destinations — City Walk, Bluewaters Island, La Mer, Jumeirah Bay Island — that have driven premium residential pricing based on the quality of their ground-floor retail, dining and coastal activation rather than purely on built area. Founded in 2007, Meraas operates as both developer and asset manager, with its retail and hospitality businesses providing the ongoing commercial vitality that sustains residential values across its communities. City Walk, developed from a Jumeirah brownfield site, created a new template for mixed-use low-rise living in Dubai and remains among the city's highest-value mid-rise addresses per square foot. City Walk Northline and City Walk Crestlane Phase 5 are the current active residential releases within the district, offering contemporary apartments with direct access to City Walk's promenade and retail. The edit at D3 places Meraas product in the Design District — a creative-industry precinct adjacent to Business Bay that has generated strong professional renter demand. Bluewaters Residences on Bluewaters Island — positioned adjacent to Ain Dubai — rounds out Meraas's coastal offering for buyers who want an island address with F&B activation. Nad Al Sheba Gardens Phase 7 signals Meraas's expansion into villa and townhouse product closer to Dubai's interior. Solaya 4 and 6 are apartment phases within Nad Al Sheba Gardens at a lower entry point than City Walk product. Payment plans follow conventional 60/40 milestone structures. Baypoint lists active Meraas projects across City Walk, the Design District and Nad Al Sheba.

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Total Projects

66

UAE Developments

About Meraas

Company overview · Track record · Why invest

Meraas was founded in 2007 and has grown into a recognised name across the Dubai property market. Meraas is a Dubai Holding company responsible for several of the city's most commercially successful lifestyle destinations — City Walk, Bluewaters Island, La Mer, Jumeirah Bay Island — that have driven premium residential pricing based on the quality of their ground-floor retail, dining and coastal activation rather than purely on built area. Founded in 2007, Meraas operates as both developer and asset manager, with its retail and hospitality businesses providing the ongoing commercial vitality that sustains residential values across its communities.

City Walk, developed from a Jumeirah brownfield site, created a new template for mixed-use low-rise living in Dubai and remains among the city's highest-value mid-rise addresses per square foot. City Walk Northline and City Walk Crestlane Phase 5 are the current active residential releases within the district, offering contemporary apartments with direct access to City Walk's promenade and retail. The edit at D3 places Meraas product in the Design District — a creative-industry precinct adjacent to Business Bay that has generated strong professional renter demand.

Bluewaters Residences on Bluewaters Island — positioned adjacent to Ain Dubai — rounds out Meraas's coastal offering for buyers who want an island address with F&B activation. Nad Al Sheba Gardens Phase 7 signals Meraas's expansion into villa and townhouse product closer to Dubai's interior. Solaya 4 and 6 are apartment phases within Nad Al Sheba Gardens at a lower entry point than City Walk product.

Payment plans follow conventional 60/40 milestone structures. Baypoint lists active Meraas projects across City Walk, the Design District and Nad Al Sheba. The developer entered the UAE market during a period of significant expansion, establishing its credentials through the decade that saw Dubai and Abu Dhabi emerge as global real estate investment destinations. Since then, Meraas has built a portfolio that spans Dubai and broader UAE communities, with residential developments serving both end-users and buy-to-let investors. More than 19 years of continuous operation have given the developer the regulatory familiarity and contractor relationships that distinguish a reliable delivery partner from a speculative entrant — a distinction that matters significantly when buyers commit capital ahead of handover.

Meraas has built a substantial presence in the Dubai market, with 65 developments that span a broad range of residential typologies and community types. City Walk. Bluewaters Island. The developer's communities are distributed across multiple districts of Dubai, giving buyers access to both established neighbourhoods with proven rental histories and emerging growth corridors where capital appreciation potential is highest. Developers operating at this scale also benefit from bulk procurement relationships and established contractor networks, which reduces construction risk and supports timely handover — a factor that Baypoint assesses directly when advising clients with defined investment horizons and mortgage financing in place.

The residential offering across Meraas's portfolio spans apartments, townhouses, and in select masterplan communities, standalone villas — giving the developer exposure to both the investment-driven apartment segment and the family-focused villa market. Ain Dubai. La Mer Beach. Specification standards are consistently applied across the range, with interiors typically featuring European-branded fittings, smart home integration in more recent projects, and resort-style podium levels with pool and leisure facilities. Community retail — pharmacies, supermarkets, cafés, and convenience services — is incorporated into larger masterplan projects as a matter of course, supporting capital values by creating self-contained environments that reduce resident dependence on external amenities and sustain long-term community desirability.

Meraas's operational history spans multiple cycles of the UAE real estate market, including periods of exceptional growth and the correction phases that tested developer resilience. Having navigated these periods, the company's delivery model has been tested against conditions that exposed structural weaknesses in less experienced competitors — and Meraas emerged with its track record intact. All Dubai-based projects by the developer are launched under RERA oversight and operate with escrow accounts registered in accordance with Law No. 8 of 2007, ensuring that buyer funds are held in a government-supervised account and disbursed only against independently verified construction milestones. This escrow framework is the UAE property market's primary buyer protection mechanism, and Baypoint verifies RERA and escrow compliance for every developer before making a recommendation to a client.

Meraas's scale and diversified pipeline give investors access to projects at multiple price points and across different community profiles simultaneously — reducing the need to approach several developers separately while maintaining portfolio diversification. For Baypoint clients, this means the ability to build a property investment strategy within a single trusted developer relationship, supported by the agency's pre-launch access to floor plans and pricing before broader market demand is applied. Larger Meraas communities also benefit from the developer's professional management infrastructure and branded facilities, both of which underpin secondary market values and support strong tenant retention. Baypoint's direct developer relationship ensures that clients are among the first to receive allocation details when new Meraas projects are released.

Developer Highlights

City Walk

Bluewaters Island

Ain Dubai

La Mer Beach

Bvlgari Residences

Port de la Mer

Dubai Holding Subsidiary

Meraas Projects

Off-plan developments currently available

All Projects
Nad Al Sheba – Phase 7 by MERAAS
Off-Plan

Nad Al Sheba – Phase 7 by MERAAS

Nad Al Sheba - Dubai

AED 4,430,000 Q3, 2028
Atélis by Meraas
Off-Plan

Atélis by Meraas

Dubai Design District

AED 2,100,000 Q3, 2029
Jumeirah Asora Bay
Off-Plan

Jumeirah Asora Bay

Jumeirah Asora Bay

AED 45,000,000 Q1 2029
Meraas Bluewaters Residences — Bluewaters Island
Ready

Meraas Bluewaters Residences — Bluewaters Island

Bluewaters Island

AED 2,800,000 Q3 2019
Cherrywoods
Ready

Cherrywoods

Cherrywoods

AED 3,100,000 Q3 2023
Asayel
Ready

Asayel

Asayel

AED 2,263,584 Q2 2023
La Sirene Phase1 By Meraas
Ready

La Sirene Phase1 By Meraas

La Sirene

AED 1,290,000 Q1 2024
Bulgari Ocean Mansions
Ready

Bulgari Ocean Mansions

Bulgari Ocean Mansions

AED 70,000,000 Q4 2023
La Sirene Phase 2 By Meraas
Ready

La Sirene Phase 2 By Meraas

La Sirene Building 2

AED 2,200,000 Q2 2024
Viridian
Ready

Viridian

Viridian

AED 1,219,000 Q4 2024
Celadon City Walk By Meraas
Ready

Celadon City Walk By Meraas

Celadon

AED 1,443,000 Q4 2024
Myrtle City Walk
Ready

Myrtle City Walk

Myrtle

AED 1,803,357 Q2 2025
Nad Al Sheba Gardens Phase 2 By Meraas
Ready

Nad Al Sheba Gardens Phase 2 By Meraas

Nad Al Sheba Gardens 2

AED 4,500,000 Q4 2024
Jadeel at Madinat Jumeirah Living By Meraas Holding
Ready

Jadeel at Madinat Jumeirah Living By Meraas Holding

Jadeel

AED 1,390,000 Q3 2024
Al Jazi
Ready

Al Jazi

Al Jazi

AED 2,166,321 Q4 2024
Castleton
Ready

Castleton

Castleton

AED 2,082,800 Q1 2026
Laurel Central Park
Ready

Laurel Central Park

Laurel

AED 2,016,714 Q4 2025
Nad Al Sheba Gardens Phase 3 By Meraas
Under Construction

Nad Al Sheba Gardens Phase 3 By Meraas

Nad Al Sheba Gardens Phase 3

AED 3,431,000 Q2 2026
Lamaa Mjl
Ready

Lamaa Mjl

Lamaa

AED 2,251,795 Q1 2026
Bulgari Lighthouse
Under Construction

Bulgari Lighthouse

Bulgari Lighthouse

AED 70,000,000 Q1 2027
Bluewaters Bay
Under Construction

Bluewaters Bay

Bluewaters Bay

AED 2,850,000 Q1 2027
Erin Central Park
Under Construction

Erin Central Park

Erin

AED 2,074,750 Q2 2026
Jomana
Under Construction

Jomana

Jomana

AED 2,346,111 Q2 2026
Thyme Central Park
Under Construction

Thyme Central Park

Thyme Central Park

AED 2,224,000 Q3 2026

Buying Off-Plan with Baypoint

Pre-launch access · escrow review · handover support

Baypoint's relationships with Meraas and more than 560 UAE developers give clients early notification of new launches, reserved pricing sheets, and priority booking before units reach public portals. Our advisors verify RERA escrow registration for every Meraas project — confirming buyer funds are held in a government-supervised account and released only at certified construction milestones. At handover, Baypoint coordinates the snagging inspection, flags defects within the developer's liability period, and connects investors with vetted property management for tenant sourcing and rent collection from day one. There is no fee to buyers — Baypoint is compensated directly by the developer.

Developer Snapshot

Established

2007

Headquarters

Dubai, UAE

UAE Projects

66+ Developments

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