Meraas is a Dubai-based holding company known for its significant involvement in real estate development, tourism, hospitality, leisure, and entertainment sectors. Established in 2007, Meraas has played a crucial role in shaping Dubai's urban landscape and promoting the city as a global destination for tourism and business. As of my last knowledge update in September 2021, here's an overview of Meraas and its major projects:
- Real Estate Development: Meraas has been involved in a wide range of real estate development projects in Dubai. It has developed and managed several iconic destinations and districts, such as City Walk, Bluewaters Island, Jumeirah Bay, and Port de La Mer. These developments include a mix of residential, commercial, and retail spaces that cater to different lifestyle needs.
- Tourism and Hospitality: Meraas has a strong presence in the tourism and hospitality sector. It owns and operates a variety of hotels, resorts, and leisure destinations, including the renowned Bulgari Resort & Residences on Jumeira Bay Island, La Mer, and Al Seef.
- Retail and Entertainment: Meraas has been instrumental in creating vibrant retail and entertainment spaces across Dubai. City Walk, Boxpark, The Beach, and The Outlet Village are some of its key retail and entertainment destinations. These areas offer a unique blend of shopping, dining, entertainment, and cultural experiences.
- Leisure and Entertainment: Meraas is known for its emphasis on creating leisure and entertainment destinations, often with a focus on family-friendly attractions. For example, it developed the Dubai Parks and Resorts complex, featuring Legoland Dubai, Bollywood Parks Dubai, and Motiongate Dubai.
- Wellness and Healthcare: Meraas has also invested in healthcare and wellness initiatives. It has developed the Dubai London Clinic in the City Walk district, offering a range of healthcare services.
- Sustainability: Sustainability is a significant part of Meraas' mission. The company is committed to implementing environmentally friendly practices in its projects and promoting sustainable living.
Meraas has played a pivotal role in diversifying Dubai's tourism and real estate offerings, aligning with the city's vision to become a leading global destination for both business and leisure travelers. The company's projects are known for their high-quality design, innovative concepts, and commitment to creating world-class destinations that cater to residents and tourists alike.