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March 31, 2026

Dubai Investments Breaks Ground on Landmark Al Vista Mixed Use Development in Meydan, Commences Main Construction Works

Dubai Investments breaks ground on Al Vista, its landmark mixed use development in Meydan Horizon. 

Developed through its wholly owned real estate subsidiary, Dubai Investment Real Estate (DIR), Al Vista is a large scale mixed use development comprising residential, commercial and retail components within a unified masterplan. 

The ground breaking ceremony was held in the presence of Khalid bin Kalban, Vice Chairman and CEO, Dubai Investments, Obaid Salami, General Manager, Dubai Investment Real Estate along with other senior representatives and the contractor for the project.

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As part of the milestone, DIR also signed the main construction contract with JV Hourie Paramount appointing the contractor to deliver the project in line with the approved execution plan. 

Commenting on the ground-breaking, Obaid Salami, General Manager of Dubai Investment Real Estate, said: “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. With main construction now underway, DIR is committed to delivering well planned, high quality developments in key growth locations across Dubai, positioning          Al Vista to emerge as a defining mixed use destination upon completion.”

Located within Meydan Horizon, one of Dubai’s most sought after mixed use districts, Al Vista comprises a 39 storey residential tower featuring 312 apartments, including one , two  and three bedroom units, alongside a 19 storey commercial tower offering approximately 120,000 sq. ft. of shell and core office space, complemented by integrated retail components. The development is designed to support a connected urban environment, with a comprehensive range of lifestyle and recreational amenities serving both residents and commercial occupiers.

Construction is advancing as scheduled, with planned completion targeted for Q1 2028. 

Disclaimer

Dubai Investments warns all investors to verify the identity of the entity they are dealing with before signing any agreements or making any financial transactions, and to refer to Data related to licensed companies published on the Dubai Financial Market’s website in order to avoid exposure to any fraudulent operations by unknown entities.

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