Twin-tower development in Meydan Horizon brings 312 homes, 120,000 sq ft of offices and integrated retail under a single masterplan, with completion targeted for Q1 2028
Dubai Investments has broken ground on Al Vista, its AED 1.3 billion ($354 million) mixed-use development in Meydan Horizon, with the company simultaneously signing a main construction contract with JV Hourie Paramount to deliver the project.
The groundbreaking ceremony was held in the presence of Khalid bin Kalban, Vice Chairman and Chief Executive of Dubai Investments, and Obaid Salami, General Manager of the company’s wholly owned real estate subsidiary, Dubai Investment Real Estate (DIR), along with other senior representatives.
Al Vista comprises two towers. The first is a 39-storey residential building containing 312 apartments — 198 one-bedroom units, 98 two-bedroom units and 16 three-bedroom units. All three-bedroom homes will include private jacuzzis and panoramic lagoon views. The second is a 19-storey commercial tower offering approximately 120,000 sq ft of shell-and-core office space with adaptable layouts. Integrated retail components sit within the wider masterplan.
Salami said the project reflected a deliberate approach to portfolio growth. “Al Vista represents an important addition to DIR’s portfolio and reflects a disciplined approach to development, anchored in quality, execution certainty and long-term value creation,” he said. “With main construction now underway, DIR is committed to delivering well-planned, high-quality developments in key growth locations across Dubai.”
The development is located in Meydan Horizon, with Business Bay accessible in 15 minutes, Dubai International Airport in 17 minutes, and the DIFC within 20 minutes. The site is bordered on two sides by open space, providing unobstructed lagoon views across the surrounding area.
Resident amenities include an infinity pool, a children’s pool, landscaped podiums, a fully equipped gymnasium, a basketball court and designated play areas. The architectural design emphasises verticality, clean structural lines and floor-to-ceiling glazing, with landscaped podium decks intended to enhance privacy and usability.
Construction is advancing as scheduled, with planned completion targeted for Q1 2028.
Dubai Investments is a publicly listed, multi-asset investment group established in 1995, with 15,805 shareholders, paid-up capital of AED 4.25 billion and total assets exceeding AED 23.6 billion. DIR, its real estate subsidiary, was established in 2006 and holds land banks in Dubai, Abu Dhabi and Sharjah.
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