International real estate firm MERED has officially launched its presence in Dubai, accompanied by the introduction of its flagship project situated in Dubai Internet City. MERED, renowned for its team of global industry experts, skilled artisans, and accomplished craftsmen, is poised to transform the real estate landscape in the region.
Committed to creating premium destinations that enhance residents’ quality of life and offer lasting value, MERED emphasizes its dedication to innovative technology, environmental sustainability, sophisticated design, and architectural excellence.
Dubai’s luxury real estate sector is experiencing significant growth, with a notable increase in apartment sales during the first half of this year. According to the Dubai Land Department, apartment sales have more than doubled, showing a remarkable 63% year-on-year growth compared to 2022, with a total of 46,166 apartments sold, valued at AED 92.5 billion.
The top five most expensive apartment sales during this period ranged from AED 78 million to AED 410 million, with Dubai Marina continuing to be a prominent location. The luxury apartment market has consistently seen price increases quarter by quarter, underlining the city’s strong real estate performance.
As part of its inaugural launch, MERED is preparing to introduce its flagship development in Dubai Internet City. This project exemplifies MERED’s strategic approach to urban development, featuring premium amenities and outstanding architectural design in line with the company’s innovative vision for the city.
Designed by the renowned Pininfarina firm, known for its prestigious history in automotive design, including collaborations with Ferrari and Alfa Romeo, the project embodies Italian design excellence. MERED’s upcoming venture underscores its commitment to quality and precision, leveraging the expertise of international industry professionals to create an iconic architectural development that will significantly enhance Dubai’s skyline.
This project aims to seamlessly blend modern aesthetics with advanced technology, representing a significant milestone in Dubai’s ongoing development. Further details about the project will be disclosed in due course.
Ramil Guliev, CEO of MERED, expressed his enthusiasm, stating, “We are excited to introduce MERED in the UAE, a region known for its forward-thinking, innovation, and grandeur, as well as its pursuit of becoming a global real estate icon. We take immense pride in our commitment to excellence and crafting exceptional living experiences.”
Guliev further emphasized MERED’s vision of contributing to the growth and prestige of the UAE by introducing meticulously crafted real estate developments. He added, “Our projects are more than just buildings; they are unique spaces designed to fulfill the aspirations and needs of our discerning customers, reflecting our genuine concern for their lasting impact on the community and the city.”
“As we embark on this journey, MERED envisions substantial growth, driven by our unwavering dedication to our customers and to the vision of Dubai. With our team’s focus and history of exceeding expectations, we aim to redefine the region’s luxury real estate landscape and create a lasting legacy of extraordinary living experiences,” Guliev concluded.
MERED also noted that its vision of developing a comprehensive portfolio of high-end residential, commercial, and mixed-use projects aligns with Dubai’s 2040 Urban Master Plan, reinforcing the emirate’s ongoing global ascent.
