Highlights
- MERED an international real estate developer, has officially launched in the UAE, with Dubai as its base.
- The company aims to redefine luxury real estate by combining human-centric experiences, environmental sustainability, technology, and architectural excellence.
- Dubai’s luxury real estate sector is thriving, with significant growth in apartment sales and record-breaking transactions.
- MERED’s flagship project in Dubai Internet City, designed by legendary architectural firm Pininfarina, promises to merge technology and beauty.
- The company envisions exponential growth and aims to contribute to Dubai’s vision of becoming a global real estate icon.
- MERED aligns with Dubai’s 2040 Urban Master Plan, supporting the emirate’s continued global rise.
About MERED
International real estate developer, MERED has officially launched its operations in the United Arab Emirates (UAE), choosing Dubai as its headquarters. This announcement comes as Dubai’s luxury real estate sector experiences significant growth, setting unprecedented records on a global scale.
MERED’s approach
MERED’s approach to real estate development focuses on a unique blend of human-centric experiences, environmental sustainability, cutting-edge technology, and architectural excellence. The company has carefully assembled a team of world-class industry experts, artisans, and accomplished craftsmen to push the boundaries of luxury real estate in the UAE.
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Dubai’s Luxury Real Estate Boom
According to the Dubai Land Department, the first half of 2023 witnessed a remarkable surge in apartment sales, recording a 63% year-on-year growth compared to 2022. A total of 46,166 apartments were sold, with a combined value of Dh92.5 billion. Notably, the five most expensive apartments sold during this period ranged from Dh78 million to Dh410 million, with the Dubai Marina area consistently making the list. The prices of super luxury apartments continue to rise, reflecting the emirate’s booming luxury real estate market.
Flagship Project in Dubai Internet City
MERED is set to unveil its flagship project in Dubai Internet City, a renowned technological hub connected seamlessly to Dubai’s major attractions, including Palm Jumeirah, Dubai Marina, Mall of the Emirates, and Jumeirah beaches. This development, designed by the iconic architectural firm Pininfarina, aims to harmoniously blend technology and beauty, promising to leave a lasting impact on Dubai’s cosmopolitan landscape.
Pininfarina
Renowned for its legendary work in automotive design for brands like Ferrari and Alfa Romeo, has evolved into a sought-after architectural and lifestyle design house, known for its global standard of Italian design aesthetics.
Ramil Guliev
CEO of MERED, expressed his enthusiasm about the launch, saying,
“We are thrilled to mark the launch of MERED in the UAE, a region renowned for its forward-thinking, innovation, and grandeur. Our projects are not just buildings; they are unique places designed around the aspirations and needs of our discerning customers, reflecting our genuine care about the long-lasting impact on the community and the city.”
Looking Ahead
MERED envisions exponential growth in the UAE’s luxury real estate sector, driven by a commitment to delivering unparalleled living experiences and reshaping the country’s real estate landscape. The company’s vision aligns with Dubai’s 2040 Urban Master Plan, which aims to further elevate the emirate’s global prominence.
For more information about it and its luxury real estate projects, please visit MERED’s website.
