ABU DHABI, UAE – International developer Mered has opened a new office on Al Reem Island, Abu Dhabi, signaling its long-term commitment to the emirate’s evolving real estate sector amid a noticeable uptick in investor activity.
The newly launched office will support Mered’s expansion strategy in Abu Dhabi by serving as a base for its growing workforce and project execution teams. This move aligns with the company’s broader goal of scaling operations across the UAE and delivering high-end, design-led developments.
Strategic Focus on Reem Island
As part of its Abu Dhabi footprint, Mered has acquired two adjacent waterfront plots on Reem Island, totaling 23,400 square meters, for an upcoming premium residential development. The project is being designed in collaboration with Pritzker Prize-winning architects, a recognition often regarded as the highest global honor in architecture.
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According to the developer, the planned project aims to set new standards for luxury waterfront living in the capital and contribute to the urban evolution of Abu Dhabi’s real estate sector.
Market Momentum in Abu Dhabi
Mered’s decision comes amid a buoyant phase for Abu Dhabi’s property market. The Abu Dhabi Real Estate Centre recently reported that the value of real estate transactions in the emirate rose to AED 25 billion in Q1 2025, up from AED 19 billion during the same period last year—a year-on-year increase of over 31%.
This growth is driven in part by increasing demand for premium and waterfront residential properties, especially in strategically located mixed-use areas such as Reem Island. The area is rapidly gaining traction among local and international buyers, offering proximity to key landmarks such as Reem Central Park, Galleria Mall, and the Louvre Abu Dhabi.
Leadership Commentary
Michael Belton, CEO of Mered, emphasized the significance of the Abu Dhabi market:
“Abu Dhabi is entering a defining phase in its growth as a global real estate destination. The 35% rise in transaction value this year alone reflects strong investor confidence and the city’s deepening appetite for high-end, future-ready developments.”
He further noted that establishing a physical presence in the emirate is a strategic move that supports Mered’s regional ambitions and strengthens its ability to deliver architecturally distinguished and community-oriented projects.
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Artemiy Marinin, Project Director at Mered, echoed the sentiment:
“Our team, which includes globally recognized designers, architects, and technical experts, is equipped to respond to the capital’s rising demand for quality developments. Reem Island, in particular, presents a unique opportunity for long-term, sustainable growth.”
Reem Island’s Rise as an Investment Destination
Al Reem Island is steadily emerging as one of Abu Dhabi’s most dynamic and investment-friendly precincts. Its appeal is anchored by integrated infrastructure, waterfront living, and high-end lifestyle amenities—a combination that aligns with Abu Dhabi’s long-term urban planning and sustainability vision.
Freehold availability for foreigners, transparent regulation under the Abu Dhabi Global Market (ADGM) framework, and improving rental yields further enhance Reem Island’s profile as a preferred choice for high-net-worth investors.
Investor Insight
For Indian investors, particularly HNIs and expatriate professionals, Abu Dhabi’s real estate market offers a compelling alternative to Dubai. With lower entry costs compared to Dubai’s prime zones, yet similar advantages in terms of rental income potential and regulatory clarity, areas like Reem Island offer viable long-term investment opportunities.
Moreover, the growing number of high-profile developments by globally reputed developers is elevating investor sentiment and reinforcing Abu Dhabi’s positioning as a competitive and mature real estate market.
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