The real estate investment company seeks to enrich lives with a focus on innovative urban planning, sustainability and a commitment to quality
Dubai, UAE, September 28th, 2008 - Meraas Holding, a Dubai-based real estate investment company with operations and assets in the UAE and abroad, was launched today with a mission to create integrated master-planned communities that embody global standards of sustainability and quality.
Through a focus on comprehensive urban planning, Meraas Holding will ensure that it enriches the lives of all those who work, live and play in its developments and investment properties. The company will complement the other players in the dynamic UAE real estate market, while also setting new standards of quality, reliability and innovation.
By working exclusively with partners that are leaders in their fields and hiring only the most qualified professionals, Meraas Holding will bring a rare mix of talents and tools to each of its activities and consistently deliver on all of its commitments.
The chairman of Meraas Holding, HE Abdulla Ahmed Al Habbai, said the company is committed to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make Dubai "the City of the Future. We are contributing to the emirate's ambitions through our focus on holistic urban planning and design that addresses every element of city living."
He added, "We at Meraas Holding recognise that our contribution to the development of Dubai and to realising the quality of life and lifestyle that is envisioned by His Highness Sheikh Mohammed bin Rashid Al Maktoum will be, in part, through our investment in sustainable development and implementation of cutting-edge energy conservation and 'green' building design."
Meraas Holding will execute its mission through a number of subsidiaries that encompass a wide range of specialisations within the field of real estate.
These include Meraas Development, a Dubai-based master planner and developer that enriches lives and contributes to making Dubai a world-class city through integrated urban planning and infrastructure development.
Other subsidiaries to be launched include Meraas Capital, a real estate-focused private equity firm; Meraas Estate Management, a real estate sales and marketing company; Meraas Malls & Hospitality and Meraas Healthcare & Education.
While Meraas Holding is Dubai based, it is not Dubai focused and expects its subsidiaries to develop activities and operations across the UAE, as well as internationally.
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Meraas Holding is a Dubai-based real estate investment company with operations and assets in the UAE and abroad. Founded with a mission to conceive and implement integrated master-planned communities that embody global standards of sustainability and quality, the holding company, and all of its subsidiaries, apply rigorous urban planning paradigms to every project.
Meraas Holding operates across a full range of real estate activities, reflecting a holistic approach to real estate development that enriches the lives of those living, working and playing in the communities it creates. Meraas Holding's five subsidiaries are Meraas Development, Meraas Estate Management, Meraas Capital, Meraas Malls & Hospitality and Meraas Healthcare & Education.
For more information, please contact:
Ruba Abdulhadi
Officer - Public Relations
Meraas Holding
Tel: +9714 332 2212 Ext: 279
Fax: +9714 332 2707
Email: ruba.abdulhadi@meraas.ae
Halah Mohsen
Account Manager
Gulf Hill & Knowlton
Tel: 04 3344930
Fax: 04 3344923
Email: halah.mohsen@hillandknowlton.com
© Press Release 2008
