22 off-plan projects by Meraas in 9 areas of Dubai, and how their prices compare with Land Department sales of similar homes.
Nad Al Sheba Gardens 12, Nad Al Sheba
22off-plan projects for sale
9areas of Dubai
AED 1.6Mthe lowest starting price
About Meraas
Meraas is a Dubai developer created in 2007. In 2008 it was described as the property developer and private equity fund of Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai. In June 2020, on his orders, it became part of Dubai Holding. By 2026 Dubai Holding's property business also included Nakheel and Dubai Properties.
Its first large plan, announced in 2008, was Jumeirah Gardens, a Dh350 billion district for the old Satwa area west of Sheikh Zayed Road. Plans to redevelop Satwa stopped after the 2008 financial crisis.
In the decade to 2020 it built districts for shopping, dining and leisure rather than large suburbs. They include City Walk, La Mer on the Jumeirah coast, Bluewaters Island, The Beach at JBR, Boxpark and Last Exit. It also developed the islands of Pearl Jumeira and Jumeira Bay, and it developed Dubai Hills Estate jointly with Emaar.
Its homes mostly sit inside or next to these districts, for example at City Walk, Bluewaters Residences, Port de La Mer and Madinat Jumeirah Living. In 2023 and 2024 it handed over La Vie at JBR, Cherrywoods and Bulgari Ocean Mansions on Jumeira Bay.
They tend to price below the resale market: 12 of the 14 projects we checked start below the usual price per square foot of similar homes sold through Dubai Land Department, typically by about 12%.
They sell at the top of the market. Half their projects start above AED 2.7M, where the middle project on our site starts at AED 1.3M.
They don't stick to one part of town: their projects are spread over 9 areas, with no more than 5 in any one of them.
Their record
Dubai Land Department lists 16 finished projects by Meraas, and 20 under construction.
These counts include the project companies registered behind Meraas, as developers in Dubai often set up one per project.
15 of the 16 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Prices and payment plans
What they cost
Apartments start from AED 1.6M, villas and townhouses from AED 3.9M.
Their most expensive project, Jumeirah Asora Bay, starts from AED 65M, far above the AED 2.7M at which half their projects start.
How you pay
The plan you'll see most often from them is 20 / 55 / 25, in 7 of 22 projects: booking first, then construction, then handover.
We list 22 off-plan projects by Meraas, spread over 9 areas. City Walk, Nad Al Sheba, and Dubai Design District have the most.
Are projects by Meraas priced above the market?
Usually not. Of the 14 we compared with Dubai Land Department sales of similar homes, 12 start below the usual price per square foot and 2 above.
Which project by Meraas is due next?
Nad Al Sheba Gardens, due in Mar 2027. The last of their projects on sale is due in Aug 2030.
Does Meraas usually finish on time?
Dubai Land Department lists 16 finished projects by Meraas, and 15 of them were finished by the completion date it holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. Ask us about the project you have in mind.
How much does Meraas ask for up front?
20% in their most common plan, 20 / 55 / 25. 2 of their 22 plans ask for 10% or less to book.
Ask about Meraas
Which of their projects still have units, what the payment plans ask for, and how their past buildings have held up.
