About Meraas
Meraas Holding LLC: A Dubai-Based Holding Company with a Diverse Portfolio
Meraas is a Dubai-based holding company that has established itself as one of the leading players in the United Arab Emirates' business landscape. The company's portfolio and activities span across various sectors, including real estate, tourism, hospitality, technology, retail, F&B, leisure & entertainment.
Founded in 2007 by His Highness Sheikh Mohammed bin Rashid Al Maktoum - Vice President and Prime Minister of the UAE and Ruler of Dubai - Meraas has grown to become a major player in the region's economy. The company's vision is to create innovative concepts that enhance people's lives while contributing to Dubai's economic growth.
Real Estate
Meraas' real estate portfolio includes some of the most iconic developments in Dubai. The company has developed several residential communities such as City Walk and Bluewaters Island. City Walk is an urban lifestyle destination that offers a unique mix of retail outlets, restaurants, cafes and entertainment options. Bluewaters Island is home to Ain Dubai - the world's largest observation wheel.
The company also owns several commercial properties such as The Beach at JBR (Jumeirah Beach Residence) which features over 100 shops and restaurants along with an outdoor cinema screen.
Tourism & Hospitality
Meraas' tourism portfolio includes some of the most popular tourist destinations in Dubai such as La Mer beachfront development which features over 130 shops and restaurants along with water sports activities for visitors. Another popular destination owned by Meraas is Al Seef which offers visitors a glimpse into traditional Emirati architecture along with shopping outlets selling local handicrafts.
The company also owns several hotels such as Rove Hotels which offer affordable accommodation options for tourists visiting Dubai.
Technology
In recent years Meraas has been investing heavily in technology startups through its venture capital arm "M Ventures". Some notable investments made by M Ventures include Careem (a ride-hailing app), Fetchr (a logistics startup) and Souqalmal.com (an online comparison website).
Retail & F&B
Meraas owns several retail destinations across Dubai including Boxpark - an outdoor shopping mall made out of shipping containers located in Jumeirah Beach Road. The mall features over 30 food outlets serving cuisines from around the world along with fashion boutiques selling designer clothing brands.
Leisure & Entertainment
One of Meraas' most ambitious projects yet is "Dubai Parks & Resorts" - an integrated theme park destination featuring three theme parks: Motiongate™️Dubai; Bollywood Parks™️Dubai; LEGOLAND®️Dubai; LEGOLAND®️Water Park; Riverland™️Dubai; Lapita™️Hotel – A Polynesian themed family resort part of Marriott Autograph Collection Hotels located within walking distance from all parks.
Conclusion:
In conclusion, Meraas Holding LLC stands out among other companies due to its diverse portfolio spanning across various sectors including real estate development , tourism , hospitality , technology startups investment , retail malls ownerships , food&beverage industry management , leisure&entertainment attractions creation . With its visionary leadership team led by His Highness Sheikh Mohammed bin Rashid Al Maktoum who believes innovation can change people’s lives for betterment while contributing positively towards economic growth . It’s no wonder why this holding group continues to be one of UAE’s leading companies today!