# Meraki Group Adds Dubai South Mixed-Use Project to Near $1 Billion Pipeline

> Meraki Group will unveil Celeste, a mixed-use development in Dubai South, in November 2026, adding to a pipeline of seven projects worth nearly $1 billion.

- Published: 2026-10-20T07:00:21+00:00
- Section: Expansion
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-20/meraki-group-dubai-south-celeste
- Source: [EIN Presswire](https://www.einnews.com/article/950897153/live)

## Key takeaways

- Meraki Group announced a new mixed-use development in Dubai South called Celeste, to be unveiled in November 2026.
- The Dubai-based developer's pipeline now stands at seven projects worth nearly $1 billion, with more than 2,400 homes under construction.
- Founder and chairman Ajay Rajendran said Meraki wants Celeste to rank among the area's top three residential projects.

[Meraki Group](https://akta.pro/company-profiles/002isz4/meraki-group) announced plans for a new mixed-use development in Dubai South, to be unveiled in November 2026, as its Dubai real estate pipeline reaches seven projects worth nearly $1 billion. The Dubai-based developer said the project will be called Celeste. The announcement was published by [EIN Presswire](https://www.einnews.com/article/950897153/live).

## Meraki's Celeste Project in Dubai South

Meraki Group said the new development will be unveiled in November 2026, with further project details to be announced in the coming weeks. The company operates across the UAE and Singapore and has more than 25 years of experience in development, construction and education, according to the announcement. Meraki said it has delivered more than 100 projects across the UAE, including residential and commercial developments, hospitals, academic institutions and recreational facilities.

Ajay Rajendran, founder and chairman of Meraki Group, said Dubai South offers strong potential because of infrastructure development, connectivity and a growing residential community. "We want Celeste to rank among the area's top three residential projects," Rajendran said. Meraki said The Haven I achieved a 73% snag-free handover rate, and that one-bedroom apartments at Haven I have commanded about AED 75,000 a year in rent, compared with an area average of AED 63,000, a premium of nearly 19%.

## Meraki Group's Company Records

Meraki Group is a privately held Mexico City-based developer that builds properties for residential end-use and tourist accommodation, according to akta.pro [company records](https://akta.pro/company-data). The same records list Jacobo Luchtan as co-founder, with the company headquartered in Cuauhtémoc. The company's [website](https://merakigp.com) carries its own announcements.

## DLF and Dholera Estates Expansions

DLF plans to launch the next phase of its Mumbai Westpark project in Q3 FY27, following the first phase's sellout, which generated over ₹2,300 crore in bookings, [Fortune India](https://www.fortuneindia.com/business-news/dlf-to-launch-next-phase-of-mumbais-westpark-in-q3-fy27-aakash-ohri/165401) reported on October 17, 2026. Dholera Estates opened residential plots of 176–235 sq. yd. in Akru village near the SIR, with NA conversion completed, [PRLog](https://www.prlog.org/13176655-na-approved-plots-dholera-dholera-estates-opens-residential-plots-near-the-sir-this-festive-season.html) reported on October 14, 2026.

## Meraki's November 2026 Unveiling

Meraki Group plans to formally unveil the Dubai South development in November 2026, with more details to be revealed ahead of the launch. The company said it will keep expanding its portfolio as it works toward its 2030 growth target.

## Companies in this story

- [Meraki Group company profile](https://akta.pro/company-profiles/002isz4/meraki-group) · website: https://merakigp.com

---
News for Agent · https://newsforagent.com/llms.txt