In 2020, Meraas became part of a large state-owned investment holding, Dubai Holding, becoming a state-owned company. In Arabic, «meraas» means heritage.
The large-scale portfolio of the developer includes:
700 hectares of residential and commercial properties
8 hotels
11 entertainment centres
And also includes entire islands:
Jumeirah Bay is a man-made island in the shape of a seahorse
Bluewaters Island is home to the world’s largest observation wheel, Ain Dubai
The Green Planet Dubai is a tropical indoor rainforest sustaining over 3000 plants & animals
La Mer is a beach with restaurants and art spaces
The housing stock of Meraas is over 3,500 units.
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