Meraas is a privately held holding company headquartered in Dubai with operations and assets in the United Arab Emirates. As of 2020, Meraas was reportedly due to become a subsidiary of Dubai Holding.
Since its founding in 2007, the Dubai-based conglomerate has launched several projects in multiple sectors including real estate, retail, hospitality, food and beverage, leisure and entertainment and healthcare. Sheikh Ahmed bin Saeed Al Maktoum serves as the Group Chairman of Meraas.
The Meraas real estate portfolio comprises property development sales and asset management across Dubai. Projects include Port de La Mer,Central Park at City Walk,Cherrywoods, Bluewaters Residences, Bvlgari Residences,Nikki Beach Residences and Villa Amalfi.
In 2019 Meraas launched its latest destination, Dubai Harbour. When complete, the development will become the Middle East’s first yachting community hub and the largest marina in the Middle East and North Africa, comprising a total of 1,100 berths. It is also due to be home to the 135-metre Dubai Lighthouse.
In 2020 Meraas is set to open Ain Dubai.Standing at more than 250-metres tall and has over 9,000 tonnes of steel, the Ain Dubai is located on the Bluewaters island destination. The structure is set to be tallest observation wheel once complete in time for Expo 2020 Dubai.