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

Flyadeal to serve Lahore as 5Th destination in Pakistan

…

Business

IFZA champions global innovation and entrepreneurship at WFZO World Congress 2025

…

Tadawulcom closes $400,000 seed to advance proptech services in KSA

Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO

Facebook Twitter Instagram Pinterest
Latest posts:
  • Flyadeal to serve Lahore as 5Th destination in Pakistan
  • IFZA champions global innovation and entrepreneurship at WFZO World Congress 2025
  • Tadawulcom closes $400,000 seed to advance proptech services in KSA
  • Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO
  • Diriyah Company awards construction contract worth $244mln (SAR 917mln) for the development of the Grand Mosque in Diriyah’s second phase
  • Riyadh Air to launch inaugural flight to London on October 26
  • CMA approves Bidaya Finance’s public sukuk program worth up to SAR 1bln
  • SAR 2bln fund to pioneer co-living for professionals and students in KSA
Facebook Twitter Instagram Pinterest
Saudi JournalSaudi Journal
  • Home

    Flyadeal to serve Lahore as 5Th destination in Pakistan

    IFZA champions global innovation and entrepreneurship at WFZO World Congress 2025

    Tadawulcom closes $400,000 seed to advance proptech services in KSA

    Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO

    Diriyah Company awards construction contract worth $244mln (SAR 917mln) for the development of the Grand Mosque in Diriyah’s second phase

  • 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

Flyadeal to serve Lahore as 5Th destination in Pakistan

Business

IFZA champions global innovation and entrepreneurship at WFZO World Congress 2025

Business

Tadawulcom closes $400,000 seed to advance proptech services in KSA

Business

Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO

Saudi Arabia

Diriyah Company awards construction contract worth $244mln (SAR 917mln) for the development of the Grand Mosque in Diriyah’s second phase

Business

Riyadh Air to launch inaugural flight to London on October 26

Business

CMA approves Bidaya Finance’s public sukuk program worth up to SAR 1bln

Business

SAR 2bln fund to pioneer co-living for professionals and students in KSA

Stay In Touch
  • Facebook
  • Twitter
Business

Flyadeal to serve Lahore as 5Th destination in Pakistan

Riyadh, KINGDOM OF SAUDI ARABIA – flyadeal, Saudi Arabia’s fast-growing low-cost airline, is introducing scheduled…

IFZA champions global innovation and entrepreneurship at WFZO World Congress 2025

Tadawulcom closes $400,000 seed to advance proptech services in KSA

Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO

Diriyah Company awards construction contract worth $244mln (SAR 917mln) for the development of the Grand Mosque in Diriyah’s second phase

Flyadeal to serve Lahore as 5Th destination in Pakistan

IFZA champions global innovation and entrepreneurship at WFZO World Congress 2025

Tadawulcom closes $400,000 seed to advance proptech services in KSA

Saudi Arabia grants citizenship to Uber co-founder, Red Sea Global CEO

Diriyah Company awards construction contract worth $244mln (SAR 917mln) for the development of the Grand Mosque in Diriyah’s second phase

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 (475)
  • Life (126)
  • Saudi Arabia (95)
  • Technology (77)
  • Uncategorized (3)
  • World (57)
    • Africa (11)
    • Asia (25)
    • Europe (6)
    • US (3)
Our Picks
Life

Alef Group Partners with Sharjah Charity to Host Ramadan Donation Campaign to Support Health and Education

Business

QIB named Qatar’s Best Islamic Bank & Best Digital Bank for SMEs by Euromoney

Business

ContactNow and Kashier partner to provide flexible BNPL payment solutions for customers

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

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