Saudi JournalSaudi Journal
  • Home
  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Business

UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award

…

Business

ENBD REIT announces Q1 NAV to 30th June 2025

…

Etihad reports August 2025 traffic statistics

HyperPay to showcase next-generation payment solutions at Money20/20 Middle East 2025

Facebook Twitter Instagram Pinterest
Latest posts:
  • UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award
  • ENBD REIT announces Q1 NAV to 30th June 2025
  • Etihad reports August 2025 traffic statistics
  • HyperPay to showcase next-generation payment solutions at Money20/20 Middle East 2025
  • First week of 28th Universal Postal Congress – Dubai 2025 successfully concludes
  • Etijah Marks 15 Years of Shaping Purposeful Careers Across the Region
  • Rock Developments prepares to operate Rock Capital 1, a one-mln-sq.ft. business landmark
  • The Capital Market Authority calls for public consultation on capital market institutions offering robo-advisory services
Facebook Twitter Instagram Pinterest
Saudi JournalSaudi Journal
  • Home

    UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award

    ENBD REIT announces Q1 NAV to 30th June 2025

    Etihad reports August 2025 traffic statistics

    HyperPay to showcase next-generation payment solutions at Money20/20 Middle East 2025

    First week of 28th Universal Postal Congress – Dubai 2025 successfully concludes

  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Saudi JournalSaudi Journal
Home » MERED Achieves Rapid Growth in Dubai’s Ultra-Luxury Real Estate Sector
Business

MERED Achieves Rapid Growth in Dubai’s Ultra-Luxury Real Estate Sector

Facebook Twitter Pinterest LinkedIn WhatsApp
Share
Facebook Twitter LinkedIn Pinterest WhatsApp

Dubai, UAE, 29 June 2024: MERED, an international real estate developer, is rapidly establishing itself as one of the fastest-growing companies in the Dubai real estate sector. In just one year since its market entry, MERED has swiftly emerged as a leading ultra-luxury player. The award-winning developer has launched and broken ground for its flagship project, the ICONIC Tower, within only six months. The tower will be the tallest in Dubai Internet City at 286.4 metres, boasting 310 luxury apartments and world-class amenities.


In just the last year, the project has received approval from various government authorities, including the Dubai Development Authority (DAD), the Real Estate Regulatory Agency (RERA) – Dubai Land Department (DLD) and launched the sale of its units. The ICONIC Tower represents the future of upscale living in Dubai, blending innovative design with modern urban trends to deliver unmatched quality and ultra-luxurious living standards. Since the tower’s launch, the design and contractor procurement are poised to wrap up this year, with the main construction phase to begin shortly and unit handover slated for Q3 2027.


To ensure top quality for its customers, MERED has doubled the headcount of its employees in the UAE just within H1 of 2024, with departments covering 360 degrees of the development process, including operations, business development, design and architecture, sales, legal, and more. The brand has formed strategic partnerships with various industry experts to ensure the success of the ICONIC Tower project. Pininfarina, known for their unparalleled design expertise; Mirage, with their sophisticated eye for detailed design; Omnium, an independent chartered quantity surveying, cost, and project management consultancy; Hirsch Bedner Associates (HBA), pioneers in innovative interior design; and Dutch Foundation Dubai, leaders in engineering excellence.


Diana Nilipovscaia, CEO at MERED, said: “We have entered the Dubai real estate market at an opportune time when the sector is focused on billionaire investors and the city is home to the highest number of branded residences worldwide. MERED’s rapid growth is evidence of our vision, dedicated team of experts, and esteemed partners. We are excited about the future and look forward to expanding our footprint across other Emirates and beyond, continuing this trajectory of growth and success.”
Inspired by the Dubai 2040 Urban Master Plan, the ICONIC Tower offers direct access to Sheikh Zayed Road and excellent connectivity to key Dubai landmarks such as Palm Jumeirah, Dubai Marina, Bluewaters Island, Dubai Hills, Emirates Golf Club, and Jumeirah’s pristine beaches.

Share. Facebook Twitter Pinterest LinkedIn WhatsApp

Related Posts

Business

UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award

Business

ENBD REIT announces Q1 NAV to 30th June 2025

Business

Etihad reports August 2025 traffic statistics

Business

HyperPay to showcase next-generation payment solutions at Money20/20 Middle East 2025

Business

First week of 28th Universal Postal Congress – Dubai 2025 successfully concludes

Business

Etijah Marks 15 Years of Shaping Purposeful Careers Across the Region

Business

Rock Developments prepares to operate Rock Capital 1, a one-mln-sq.ft. business landmark

Business

The Capital Market Authority calls for public consultation on capital market institutions offering robo-advisory services

Stay In Touch
  • Facebook
  • Twitter
Business

UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award

Abu Dhabi, UAE: The $1 million Human Energy Health and Wellbeing Award recognises achievements in…

ENBD REIT announces Q1 NAV to 30th June 2025

Etihad reports August 2025 traffic statistics

HyperPay to showcase next-generation payment solutions at Money20/20 Middle East 2025

First week of 28th Universal Postal Congress – Dubai 2025 successfully concludes

UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award

ENBD REIT announces Q1 NAV to 30th June 2025

Etihad reports August 2025 traffic statistics

HyperPay to showcase next-generation payment solutions at Money20/20 Middle East 2025

First week of 28th Universal Postal Congress – Dubai 2025 successfully concludes

Stay informed with Saudi Journal, your trusted source for comprehensive coverage of news, events, and insights from Saudi Arabia and beyond. Explore diverse perspectives, stay updated, and engage with the latest stories shaping our world. Experience news like never before with Saudi Journal.

Facebook Twitter
Categories
  • Business (437)
  • Life (124)
  • Saudi Arabia (81)
  • Technology (75)
  • Uncategorized (1)
  • World (56)
    • Africa (11)
    • Asia (25)
    • Europe (5)
    • US (3)
Our Picks
Business

Zvezda Beauty: A New Brand Launching from the Heart of Saudi Arabia

Business

“Drake & Skull International” announces the completion of all restructuring requirements and the issuance of mandatory sukuk for conversion into shares according to the court’s decision and the restructuring plan

Business

Binghatti Holding’s USD500mln benchmark Sukuk 5 times oversubscribed

© 2025 Saudi Journal.
  • Home
  • Saudi Arabia
  • Business
  • Technology
  • Life
  • English
  • العربية

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