dubai: merass holding, a
dubai-based investment real estate company with operations and assets
in the uae and abroad, was launched on saturday with a mission to
create integrated master-planned communities that embody global
standards of sustainability and quality.
through a focus on
comprehensive urban planning, merass holding will ensure that it
enriches the lives of all those who work, live and play in its
developments and investment properties.
merass holding
chairman he abdulla ahmad al habbai, said the company is committed to
the vision of hs highness shaikh mohammad bin rashid al maktoum, vice
president, 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."
merass 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 and hospitality and
meraas healthcare and education.
while merass holding is
dubaibased, it is not dubai focused and expects its subsidiaries to
develop activities and operations across the uae, as well as
internationally.
he added, "we at
merass holding recognise that our contribution to the development of
dubai and to realising the quality of life and lifestyle that is
envisioned by shaikh mohammad will be, in part, through our investment
in sustainable development and implementation of cutting-edge energy
conservation and green building design."
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