Close Menu
TheKhaleejPost
    What's Hot
    Entertainment

    Dxberience Introduces Premium Luxury Concierge Services Across the UAE

    Business

    e& UAE accelerates 50G PON technology adoption through live network deployment

    Business

    UAE Sets Pace for Environmental Sustainability Across MEANew report cites progress, areas for improvement in the Emirates

    Important Pages:
    • Home
    • Privacy Policy
    • Terms & Conditions
    Facebook X (Twitter) Instagram Pinterest
    Facebook X (Twitter) Instagram Pinterest
    TheKhaleejPost
    • Home
    • Technology

      CNTXT AI and Actualize Partner to Launch Dialect-Aware Arabic AI Voice Agent, Targeting GCC’s $2.2B Conversational AI Market

      Terra Drone and Aramco Forge Strategic MOU to Advance Drone Innovation and Localization in Saudi Arabia

      Panasonic AG-CX370 4K Camcorder enhances mobility for IP-based live productions

      Ericsson announces changes to the Executive Team and to the Market Area structure

      CNTXT AI Launches TestAI: The GCC’s First AI Readiness Platform to ensure trustworthy and scalable AI Voice Agents

    • Business

      DGHR collaborates with Dubai AI Campus to accelerate AI-driven workforce development

      SBC Awards Europe: Meet the 2025 Winners 

      6 Smart Eid Hacks You Didn’t Know You Needed – Powered by Yasmina

      Yango Tech to let businesses boost their products in AI chatbots with GenAI Platform

      CNTXT AI and Actualize Partner to Launch Dialect-Aware Arabic AI Voice Agent, Targeting GCC’s $2.2B Conversational AI Market

    • Submit A Press Release
    TheKhaleejPost
    Home » MERED Expands in Abu Dhabi with Two Strategic Waterfront Acquisitions on Al Reem Island
    Business

    MERED Expands in Abu Dhabi with Two Strategic Waterfront Acquisitions on Al Reem Island

    Facebook Twitter Pinterest WhatsApp
    Share
    Facebook Twitter Pinterest WhatsApp

    Dubai, UAE, September 2024: MERED, the award-winning international premium real estate developer, is strengthening its footprint across the UAE by acquiring two adjacent prime waterfront plots on Al Reem Island, Abu Dhabi. This acquisition highlights MERED’s continued success and strategic growth, delivering state-of-the-art residential and commercial developments across the capital city.
    MERED is leveraging the 6% price increase seen in the city’s high-end apartment market during the first half of 2024. The combined plots, spanning over 23,433 sqm, are located on Al Reem Island, an integral part of the Abu Dhabi Global Market (ADGM) and renowned for its breathtaking waterfront views. As one of the world’s largest financial districts following its recent expansion, ADGM’s jurisdiction now encompasses Al Reem Island, bringing significant opportunities for businesses operating in a globally recognized financial ecosystem. This expansion further enhances the area’s appeal, offering access to ADGM’s benefits such as English common law, progressive regulations, and a business-friendly environment.
    Diana Nilipovscaia, CEO at MERED, commented on the acquisition, saying, “The Abu Dhabi real estate market continues to show strong performance, with high demand for upscale residential properties and 225% increase in foreign direct investment. Inspired by the success of our ICONIC Tower in Dubai Internet City, we are eager to introduce the same level of innovation and sustainability in Abu Dhabi. Our team’s meticulous research revealed that the time is ripe as investors’ confidence in Al Reem Island has surged in H1 of 2024. This acquisition aligns with our vision to develop exceptional properties that elevate cityscapes and enrich lifestyles in the country’s most prime locations.”
    MERED’s upcoming development on the plots will include a combination of residential and commercial spaces designed by world-renowned architects. Currently in the schematic design phase, the project will feature modern architecture, cutting-edge infrastructure, and world-class amenities, offering a unique living experience that reflects MERED’s commitment to redefining real estate with timeless masterpieces.
    The island is just five minutes from Reem Central Park, 10 minutes from the main thoroughfare Sheikh Zayed Bin Sultan Road, and 15 minutes from cultural landmarks such as the Louvre Abu Dhabi and Saadiyat Marina. Additionally, Abu Dhabi International Airport is only 30 minutes away, enhancing the development’s appeal as a premium investment opportunity.
    This marks MERED’s first waterfront development in Abu Dhabi, adding to its growing portfolio of high-profile projects. The developer has already made significant strides in the Dubai real estate market, launching its ICONIC Tower, set to be the tallest structure in Dubai Internet City at 286.4 meters. The project, which includes 310 luxury apartments and world-class amenities, exemplifies MERED’s dedication to swift and efficient project execution. Partners such as global architectural firm Pininfarina, Mirage and Hirsch Bedner Associates (HBA) have been brought on board to ensure cutting-edge design and luxury.
    For more information on MERED and its projects, visit mered.ae.

    Share. Facebook Twitter Pinterest WhatsApp
    Previous ArticleAmsa Hospitality appoints Muin Serhan as Chief Executive Officer
    Next Article Premier ride-hailing app Yango launches in Abu Dhabi for seamless city connectivity

    Related Posts

    Culture

    Ajman to host 2025 Asian Fitness and Bodybuilding Championship for first time

    Business

    DGHR collaborates with Dubai AI Campus to accelerate AI-driven workforce development

    Business

    SBC Awards Europe: Meet the 2025 Winners 

    Business

    6 Smart Eid Hacks You Didn’t Know You Needed – Powered by Yasmina

    Business

    Yango Tech to let businesses boost their products in AI chatbots with GenAI Platform

    Business

    CNTXT AI and Actualize Partner to Launch Dialect-Aware Arabic AI Voice Agent, Targeting GCC’s $2.2B Conversational AI Market

    Business

    Majra – National CSR Fund honours top 20 CSR projects at inaugural Sustainable Impact Challenge 2025

    Culture

    Al Wahda Mall Unveils Spectacular Eid and Summer Festive Fun and Entertainment Lineup

    Stay In Touch
    • Facebook
    • Twitter
    Top Picks
    Business

    10 Korean STEM Fellows Engage with UAE National Experts on Future Cooperation

    Abu Dhabi, May 14, 2025 – South Korea and the United Arab Emirates (UAE) brought…

    His Excellency Eng. Sharif Al Olama Inaugurates the Third Edition of EVIS

    Specialized Rehabilitation Hospital (SRH) Plays Integral Role in Groundbreaking Parkinson’s Disease Research, Elevating UAE’s Healthcare Landscape

    Mission Impossible Team Experiences Emirati Culture, Thanks Abu Dhabi

    HONOR Intensifies Smartphone Competition with HONOR Magic5 Pro

    Stay ahead with TheKhaleejPost, your premier destination for breaking news, analysis, and in-depth coverage across the Gulf region and beyond. Discover diverse viewpoints, stay informed, and delve into the stories shaping our communities and world.

    Facebook X (Twitter)
    Categories
    • Business (292)
      • Career (1)
      • Management (5)
      • Startup (10)
    • Culture (68)
    • Entertainment (29)
      • Celebrity (3)
      • Movies (2)
      • TV Shows (1)
    • News (64)
    • Politics (12)
    • Technology (57)
      • Phones (2)
      • Science (1)
    • Videos (10)
    Our Picks
    Culture

    International SOS Alerts Companies To Ensure Workforce Safety Amid Extreme Heatwaves

    Business

    CYPRUS’ COST-EFFECTIVE EU RESIDENCY SCHEME PROVING POPULAR WITH BRITISH EXPATS

    Business

    Korean Service Robot Companies to Showcase Innovative Technology in Dubai

    © 2025 TheKhaleejPost.
    • Home
    • About Us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.