Meraas is a private holding company located in Dubai. It is a subsidiary of Dubai Holding. The company was founded in 2007 (15 years on the market) and since then has been operating in several areas such as Real Estate, entertainment and hotel business. The Meraas Chairman of the Board is Sheikh Ahmed bin Saeed Al Maktoum.
Since it was founded, Meraas has successfully commissioned more than 80 million square feet of residential and commercial Real Estate in Dubai including retail space and more than 3,500 residential units.
Meraas has quickly become one of the largest and most trusted developers in the UAE with an impressive portfolio that includes many key areas of Dubai development such as La Mer, City Walk and Bluewaters Island.
Meraas Properties also recently completed the construction of the 250-meter Ain Dubai Ferris wheel, which was previously planned to be completed before the start of Expo 2020. The Ain Dubai Ferris Wheel has 48 capsules and a capacity of 1400 passengers.
Investment attractiveness
The off-plan Real Estate sale by Meraas includes many advantages and special offers. Among them are attractive payment plans and free long—distance calls for buyers and investors.
Meraas offers a wide selection of apartments and penthouses in one of the Dubai best areas such as Port De La Mer & Bluewaters.
There are some strong reasons to buy an off-plan property in Dubai offered by Meraas.
Firstly, this type of Real Estate has a significantly lower price compared to finished properties.
Secondly, using a special payment plan provided by Meraas it is pretty easy to buy an apartment or villa: instead of paying the full cost at once you just need to make a first installment.
Thirdly, Dubai’s developed economy and stable housing prices make the purchase of Meraas Real Estate an excellent opportunity that brings a high return on investment (ROI).
