Selling nowThe Edit at d3 (Towers A, B and C; 557 homes)
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Developer profile · Since 2007
Dubai Holding's lifestyle developer; prime, premium, slow
At a glance
Meraas is the Dubai Holding developer behind City Walk, Bluewaters Island, La Mer, Jumeira Bay and, more recently, Nad Al Sheba Gardens and The Acres.
Reviewed by Ayman Hoque, Operations Manager, Live Dubai InternationalDubai Land Department broker card no. 55937 · Checked October 2026 · 27 sources
It holds land in locations private developers rarely get, and no cancelled residential project of its was found in our research. The trade-offs are long gaps between launch and construction, premium prices, high service charges in its coastal and city-centre communities, and very limited financial disclosure. It suits buyers who put location and long-term value ahead of rental yield.
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All 18 Meraas project guides
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Sold out| Bedrooms | ||||
|---|---|---|---|---|
| The Edit at d3 (Towers A, B and C; 557 homes) | Dubai Design District | 75/25 | Q1 2030 | 1–4 |
| Atélis at d3 (280 homes) | Dubai Design District | 75/25 | Q3 2029 | 1+ |
| Design Quarter at d3 (558 homes, 3 buildings) | Dubai Design District | 60/40 | Mid-2027 | 1–3 |
| City Walk Crestlane 1 (Buildings A and B) | City Walk | 75/25 | Q3 2028 | 1–4 |
| City Walk Crestlane 4 (201 homes) and 5 (159 homes) | City Walk | 75/25 | Q2 2030 | 1–4 |
| City Walk Northline (304 homes, 3 towers) | City Walk | 75/25 | Q3 2027 | 1–3 |
| Verve City Walk | City Walk | 75/25 | Q3 2028 | |
| Central Park at City Walk (Thyme, Erin and others) | City Walk | 70/30 | Later buildings completing through 2026 | 1–4 |
| Nourelle Building 2 | Madinat Jumeirah Living, Umm Suqeim | 75/25 | Q1 2029 | 1+ |
| Jumeirah Residences Emirates Towers (754 homes, 2 towers) | Sheikh Zayed Road | 60/40 | Q3 2030 | 1–4 |
| Solaya at La Mer (Buildings 1–7, with Brookfield) | La Mer, Jumeirah 1 | 60/40 | Q2 2029 | 2+ |
| Jumeirah Residences Asora Bay (25–29 homes) | La Mer | 60/40 | Q1 2029 | 4+ |
| Bluewaters Bay (Towers 1 and 2) | Bluewaters Island | 80/20 | Q1 2027 on listings | 1–4 |
| Nad Al Sheba Gardens Phase 7 (272 homes) | Nad Al Sheba | 80/20 or 60/40 | Q2 2028 | 3–7 |
| Nad Al Sheba Gardens Phases 9, 10, 11 and 12 | Nad Al Sheba | 80/20 or 60/40 | Q4 2028 | 3–7 |
| The Acres (phases 1–3, about 1,199 villas) | Dubailand | 65/35 | Q4 2027 to Q2 2028, depending on phase | 3–5 |
| The Acres Estates (186 homes) | Dubailand | 65/35 | Q1 2028 on listings | 5–7 |
| Port de La Mer later phases (La Voile, Le Soleil) | La Mer, Jumeirah 1 | La Voile: completed 2022 | 1–5 | |
| Bvlgari Lighthouse | Jumeira Bay Island, Jumeirah 2 | 20/70/10 | Q2 2027 | 4, 5, Sky Villa |
| Elara at Madinat Jumeirah Living | Madinat Jumeirah Living, Umm Suqeim | 70/30 | Q4 2026 | 1, 2, 3, 4 |
| Riwa at Madinat Jumeirah Living | Madinat Jumeirah Living, Umm Suqeim | 75/25 | Q3 2027 | 1, 2, 3, 4 |
Tap a column heading to sort. Dates as checked October 2026.
Track record
Meraas builds less, and more slowly, than Emaar or DAMAC, but no cancelled or abandoned residential project was found in our research.
Communities
Tap one for our area guide.
Also builds in City Walk, Bluewaters Island, Port de La Mer, Dubai Design District, Nad Al Sheba Gardens.
Prices
Meraas homes are among the most expensive per sq ft in Dubai, with a Meraas-wide median of AED 3,302/sq ft on DLD data to 25 September 2026.
Meraas homes are among the most expensive per sq ft in Dubai, with a Meraas-wide median of AED 3,302/sq ft on DLD data to 25 September 2026 (broker analysis). Recent results are mixed. Villas have held up: Nad Al Sheba Gardens averages AED 2,333/sq ft, up 6.8% in the year to October 2026, and Property Finder's median 3-bed there is AED 6.55m. The Acres has been flat: launched from AED 5.09m in September 2024, its median 3-bed listing is AED 5.8m but the average price per sq ft was down 1.1% in the year to October 2026. At the top end, Bluewaters Island transaction prices fell 14% in the six months to October 2026, while Dubai prices overall were 10.2% below the February 2026 peak in August. Off-plan resale prices at Bluewaters Bay are AED 3,280–4,160/sq ft on DLD data (June–August 2026); launch prices were not published, so the gain cannot be measured. Yields are modest for the price: up to 5.86% at Bluewaters and 4.62% for Nad Al Sheba Gardens villas (October 2026).
| Community | Price per sq ft | Change | Gross yield |
|---|---|---|---|
| City Walk | AED 2,400–4,010 DLD ready sales (October 2026) | 5.5–6% (broker estimate, March 2026) | |
| Bluewaters Island (apartments) | AED 3,830–5,320 DLD sales (September 2026) | Transaction prices −14% over six months (October 2026) | Up to 5.86% (October 2026) |
| Port de La Mer | AED 2,880–4,700 DLD sales (September 2026) | 5–6% (broker estimate, 2026) | |
| Nad Al Sheba Gardens (villas) | AED 2,333 average (October 2026) | +6.8% (October 2026) | 4.62% (October 2026) |
| The Acres (villas) | AED 1,468 average (October 2026) | −1.1% (October 2026) | |
| Cherrywoods (townhouses) | AED 1,060–1,460 DLD resales (August–September 2026) |
Asking prices, gross yields. Work out a net return
Payment plans
On a home priced at AED 1,000,000 that is AED 200,000 on booking, AED 550,000 during construction, AED 250,000 on handover. Government registration fees are paid on top.
Apartments at City Walk, d3 and Madinat Jumeirah Living are usually 75/25: 20% on booking, about 55% in instalments and 25% on handover. Villas are 80/20 or 60/40. The Acres is 65/35 with 5% on booking and 5% on signing the SPA; The Acres Estates is 10/55/35. Jumeirah Residences Emirates Towers and Solaya are 60/40 (July 2026).
Time-limited promotions only, such as a 4% DLD fee waiver reported on some Acres villas (broker guide, July 2026).
Homes bought for AED 2m or more qualify, and nearly all Meraas homes cost more than that. Dubai Holding Real Estate launched a Golden Visa help service for Meraas and Nakheel buyers on 29 June 2026.
Dubai Holding Real Estate signed off-plan financing partnerships with Emirates NBD (April 2026), a mortgage broker (May), ADIB (May, Sharia-compliant), Commercial Bank of Dubai (June) and ADCB (September 2026).
Bvlgari (Jumeira Bay), Jumeirah Residences Emirates Towers, Jumeirah Residences Asora Bay and Nikki Beach Residences.
AED per sq ft a year (2026 broker ranges; sources differ): City Walk and Bluewaters apartments 18–28, with some quotes up to 35–38 including cooling; Port de La Mer and Madinat Jumeirah Living 18–30; The Acres villas 6–10. Check the building's Mollak figure.
Meraas suits buyers who want a prime, walkable address on the Jumeirah coast, at City Walk or in Dubai Design District, with government-backed ownership, and who care more about long-term value and lifestyle than yield.
FAQs
Meraas is owned by Dubai Holding and built City Walk, Bluewaters, La Mer and Jumeira Bay. No cancelled residential project was found in our research, and it was named UAE Developer of the Year in June 2026. The trade-offs are long build programmes, premium prices, high service charges and very little published financial information.
Since 2020 Meraas has been a subsidiary of Dubai Holding, the investment company of the Ruler of Dubai. It sits within Dubai Holding Real Estate, alongside Nakheel and Dubai Properties, under CEO Khalid Al Malik.
Usually 75/25 for City Walk, d3 and Madinat Jumeirah Living apartments, 80/20 or 60/40 for villas, and 65/35 at The Acres with 5% on booking plus 5% on signing (2026). Expect to pay 20% on booking plus the 4% DLD fee on most launches. There are no post-handover plans on current launches.
Usually within months. A broker analysis of DLD data (October 2026) says contracted units were delivered on or before their DLD-registered dates, but about 12% of projects missed the originally marketed date by more than six months. Cherrywoods was due July 2021 and completed May 2022. Expect three to five years from launch to keys on current projects.
High in coastal and city-centre communities: broker figures range from AED 18 to 38 per sq ft a year at City Walk, Bluewaters and Port de La Mer, against AED 6–10 for villas at The Acres (2026). Check the Mollak figure for the exact building.
Bluewaters apartments up to 5.86% gross (Bayut, October 2026) and Nad Al Sheba Gardens villas 4.62% (Property Finder, October 2026). Brokers quote 5–6% at City Walk and Port de La Mer (2026).
New launches start from AED 1.83m at Northline and AED 2.1m at Verve (March 2026), and AED 2.62m–2.8m at Crestlane (October 2026). Ready City Walk homes sold for AED 2,400–4,010/sq ft on DLD data (October 2026).
The Acres starts at about AED 5m for a 3-bed, with The Acres Estates up to AED 22.2m for a 7-bed (2025–26). Nad Al Sheba Gardens launches start at AED 4.43m (Phase 7, October 2026), and the median 3-bed listing there is AED 6.55m (October 2026).
Phase 1 is due Q4 2027 and some phase 2 listings show Q2 2028 (October 2026). The main contracts were awarded in November 2025 and April 2026, so check the latest DLD construction percentage before you buy.
Yes. Dubai Holding Real Estate signed off-plan financing partnerships in 2026 with Emirates NBD, ADIB, Commercial Bank of Dubai, ADCB and a mortgage broker, covering Meraas, Nakheel and Dubai Properties projects.
Facts checked October 2026 from the developer’s own announcements and results, Dubai Land Department records (via Property Finder, DXBinteract and Propsearch), Bayut market reports and the press. Figures given by the developer are labelled as theirs. This page is information, not financial advice.