Meraas Holding, a real-estate investment company with operations and assets in UAE and abroad was launched 2 years back in Dubai. Its mission was to develop integrated communities with international standards of construction sustainability and quality. Recently it has announced its first ever project of Dh350 and one that involves million of dollars (world’s tallest buildings) with varied micro-climates and a mini-Manhattan.

The project is Jumeirah Garden a mixed-use development project that will be full integrated is situated in old Satwa area west of Sheikh Zayed road between Al Diyafa Street and Safa Park. This project is designed to cater a large number of population around 50,000 to 60,000 residents.

Current Recession crunch has broken the confidence of investors and they are hesitant to invest in Dubai but the rulers are considerate and they are determined to keep Dubai to carry on working with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. This project will redefine living, how it feels to be a resident of popular boroughs of Dubai.

The project will comprise seven distinct areas, covering approximately 110 million square feet of land, including islands and first phase is expected to begin at the last of 2011 and completion is scheduled in 2013. One section will host Dubai Park, which is half the size of Safa Park. The first phase of Jumeirah Gardens will cover about 820,000 square meters. It includes six major blocks of buildings with high, medium and low-office, retail and residential, two hotels and an area of high-end shopping.

CEO of Meraas Development, Sina Al Kazim told Gulf News: “Every great city has a large park. London has its Hyde Park; New York has its Central Park. This will be Dubai Park. The park will be surrounded on all sides by residential apartments, duplexes, penthouses, villas and commercial buildings.

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