Nakheel and Meydan Merger in Dubai Holdings

Dubai’s economic landscape is set for a major shift as Nakheel and Meydan merge under the Dubai Holding umbrella, announced by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai.


The move aims to create a powerhouse entity led by Sheikh Ahmed bin Saeed Al Maktoum, focusing on sectors like technology, real estate, hospitality and more. With assets worth hundreds of billions, the merger is poised to streamline finances and enhance global influence and create a stronger and more efficient entity with an enhanced focus on innovation, sustainability and customer-centrality. Nakheel, the master developer behind some of Dubai’s landmark projects such as The Palm Jumeirah, The World Islands, Jumeirah Islands, Deira Islands and many more, will work closely with Meydan, which has a reputation for delivering high-quality residential and commercial developments across the city.

Sheikh Ahmed expressed optimism for the future, emphasizing the alignment with Dubai’s Economic Vision 2033. This consolidation under Dubai Holding signifies a strategic step towards economic advancement, promising accelerated growth and ambitious competition.

The Nakheel-Meydan merger is yet another example of Dubai’s dynamic and innovative business landscape that fosters collaborations and partnerships to create value for various stakeholders. As the city continues to evolve and diversify its economy, such mergers and acquisitions will play a crucial role in supporting its growth and prosperity.