Architecture
Sustainability Moves to the Centre of Development
January 21, 2026
Meraas has become known for lifestyle destinations that combine retail, dining, entertainment and living. City Walk has created a new street-based neighbourhood in Al Wasl, Bluewaters Island is rising off JBR and La Mer is being developed on the Jumeirah coast. These projects are changing how residents and visitors experience the city.
Key projects
- City Walk: an open-air district with shops, restaurants and residences.
- Bluewaters Island: a new island with homes, hotels and a giant observation wheel.
- La Mer: a beachfront destination in Jumeirah.
- Box Park and The Beach: retail and dining destinations.
What makes them different
Meraas projects emphasise walkable streets, outdoor spaces and design. They create destinations rather than standalone buildings.
Effects on residential values
Residential units within and near these destinations benefit from the amenities and atmosphere. Areas such as Al Wasl and Jumeirah are becoming more attractive to residents seeking walkable, vibrant neighbourhoods.
Considerations for buyers
Homes in lifestyle destinations often command premiums. Buyers should consider noise, traffic and service charges as well as the benefits.
Long-term potential
Well-designed destinations tend to remain popular, supporting long-term demand for nearby homes.
Destinations and residential demand
Lifestyle destinations change how residents use the surrounding area. Before City Walk opened, Al Wasl was mainly a district of villas and low-rise buildings. Now it has a destination that attracts visitors from across the city, along with new residences. Similar effects are expected around La Mer and Bluewaters as they open. For residents, destinations bring convenience and atmosphere but also more traffic and visitors. For investors, homes within walking distance of a successful destination can command higher rents and attract tenants who value an active lifestyle. Assessing how a destination will affect daily life, both positively and negatively, helps buyers decide whether proximity is worth the premium.
Our view
Meraas projects are adding new character to Dubai. We help clients assess residential opportunities within and around these destinations.
