Developer MERED has responded to the growing interest of investors in its Abu Dhabi operations by establishing a new office at Sky Tower, located on Al Reem Island. The office serves as a central hub to support the expansion of its local workforce in the capital and facilitate the completion of key real estate projects currently underway, the firm said.
MERED’s contributions to Abu Dhabi’s skyline is extensive, one of its projects is a design-led waterfront development on two adjacent prime plots spanning over 23,400sqm on Reem Island. This project is part of the key financial hub, Abu Dhabi Global Market (ADGM), and aims to redefine the concept of super-prime living in Abu Dhabi. MERED said it collaborated with Pritzker architects on the project.
Michael Belton, CEO at MERED commented, “Abu Dhabi is entering a defining phase in its growth as a global real estate destination. The city saw a 35% rise in real estate transaction value in Q1 2025 alone, reflecting strong investor confidence and a deepening appetite for premium development. Establishing our base here is a strategic step as we scale across the region, developing meaningful projects that contribute to the city’s future.”
Artemiy Marinin, Project Director at MERED added, “Our expertly assembled team of designers, architects, engineers, contractors and specialists is fully equipped to meet Abu Dhabi’s growing demand for high-quality, future-ready developments. We are deeply confident in the capital’s potential especially on Reem Island, which we view as a strong platform for sustainable, long-term growth.”
Abu Dhabi’s global appeal continues to soar, fueled by its population and a regulatory framework that promotes transparency and investor confidence. The city’s real estate market is experiencing growth, with transactions surpassing US $6.8bn in the first quarter of this year, a substantial increase from $5.17bn during the same period in 2023, as reported by the Abu Dhabi Real Estate Centre. This performance underscores the strength of premium property investments in the capital.
Al Reem Island, the location of MERED’s new offices, is emerging as one of Abu Dhabi’s most dynamic mixed-use destinations. Strategically situated near Reem Central Park, Galleria Mall, and the Louvre Abu Dhabi, this area offers waterfront views, a wide range of lifestyle amenities, and modern infrastructure that aligns with the city’s vision for sustainable and interconnected communities, the statement said.
MERED expands UAE operations on Al Reem Island Middle East Construction News.
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