City Walk
Meraas
City Walk
City Walk Dubai (also known as Citywalk) is an urban district developed by Meraas, which is located in the center of one of the most popular areas of Dubai; Jumeirah, close to some of the best beaches in the emirate. The total area of the district is 9,687,519 sq. ft. and combines elite residential and commercial real estate, as well as some of the coolest infrastructure for recreation and entertainment.
City Walk is famous for its exclusive shopping spots, luxury fashion boutiques, parks, walking areas and numerous bars and restaurants overlooking the iconic Burj Khalifa. The local street art is of great interest to tourists – the graffiti on the walls were created by world renowned artists from all around the world.
There are also children’s playgrounds, state-of-the-art fitness centers and a large platform for public events. Since the district is popular among tourists, there are many signs around the area which are there to help visitors easily find their required location.
City Walk belongs to freehold zones so foreign investors can purchase real estate here with unlimited ownership. The City Walk Dubai residential area is represented by 34 mid-rise buildings with glass facades, which are beautifully illuminated at night. There are multiple exclusive shops, restaurants and entertainment venues in the surrounding area as well.
Meraas
Meeras is a private holding company headquartered in Dubai that is dedicated to projects and real estate development. Meraas, which has existed since 2007, has been part of Dubai Holding from 2020. The move was made in accordance with the Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum, where the idea was to combine services, diversify the economy of Dubai and maximize its influence on the global market.
Nowadays Meraas Holding is one of the most well-known companies specializing in real estate in the Emirate. The Chairman of Meraas is Sheikh Ahmed bin Saeed Al Maktoum, one of the most remarkable individuals in Dubai. The company provides Dubai’s development with various projects in real estate, hospitality, leisure, food as well as other spheres. Meraas creates innovative projects in Dubai which are distinguished with a mix of Arabic and European styles.
Meraas has an immersive portfolio as the company has projects in exclusive areas such as Jumeirah Bay, Bluewaters Island and Dubailand. Among other successfully implemented projects are City Walk, The Beach, La Mer, the Outlet Village and much more. Meraas uses innovative technologies to make the lives of Dubai residents better.