MERED Expands in Abu Dhabi with New Office on Al Reem Island

Abu Dhabi, UAE – 29 July 2025 - MERED, the award-winning international real estate developer, has announced the opening of a new strategic office in Sky Tower, Al Reem Island, in response to growing investor interest in its Abu Dhabi operations. The new location will act as a key hub to expand the developer’s local workforce and support the successful delivery of major projects currently underway in the capital.

One of MERED’s flagship initiatives in the capital is a design-led waterfront development across two adjacent plots totaling more than 252,000 square feet (23,400 square meters) on Reem Island, within the Abu Dhabi Global Market (ADGM) jurisdiction. The project, created in collaboration with Pritzker Prize-winning architects, is expected to set a new standard for super-prime residential living in Abu Dhabi.

Michael Belton, CEO at MERED, stated:

“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.”

Future-Ready Development for a Fast-Growing Capital

Artemiy Marinin, Project Director at MERED, emphasized the team’s readiness to meet the capital’s evolving needs:

“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 Real Estate Momentum Strengthens

The opening of MERED’s new office comes amid impressive market performance. In Q1 2025, real estate transactions in Abu Dhabi reached approximately $6.81 billion (AED 25 billion), a substantial rise from $5.18 billion (AED 19 billion) in the same period of 2024, according to the Abu Dhabi Real Estate Centre. This reflects sustained demand for premium developments and strong investor confidence in the capital.

Located near Reem Central Park, Galleria Mall, and Louvre Abu Dhabi, Al Reem Island is quickly becoming one of the city’s most sought-after mixed-use communities. With modern infrastructure, waterfront views, and access to cultural and retail amenities, the district is well aligned with Abu Dhabi’s vision for connected, sustainable urban living.